Tory Burch is renowned as being one of the most successful female entrepreneurs and fashion designers in the world.
Burch has not always been acquainted with wealth and fame. She began at a humble start, designing clothes, accessories and shoes in her home kitchen until she managed to save up enough savings to open her own store in Manhattan. Now she is stated to have a $2 billion empire.
Rock Center states that:
"Tory was also raising six children, three from her marriage with Chris Burch and three from Chris's previous marriage. But, despite her reservations, Tory and her ex-husband Chris put up $2 million to launch the company. Chris also helped her raise another $10 million through investors, and with this capital, the Tory Burch label was born.
Tory's brand, now estimated to be worth upward of $2 billion, began in her kitchen. The first New York storefront opened in 2004, and Tory worked from her apartment for the next two years, until she had about 16 employees."
Currently, she is fighting a legal case with her ex-husband whom she believes has a fashion label which is too akin to her own.
""Some of it is too referential. And I think that he's going to be changing that, and some of it is great," she told NBC's Harry Smith in an interview airing Thursday at 10pm/9c on Rock Center with Brian Williams. "So, I think it's about finding the balance of what is OK with us and what works for him.""
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