Richard Hayne Founder of Urban Outfitters. Country: USA

1. Biography of Richard Hayne
2. Founding Urban Outfitters
3. Political Involvement and Support
4. Expansion and Success
5. Popularity and Wealth

Biography of Richard Hayne

Richard Hayne, the founder of the company "Urban Outfitters," was born in the United States in 1948. He is currently a well-known American businessman, with a vast network of clothing and footwear stores. Hayne holds the position of chairman of the company "Urban Outfitters" and is also included in the list of the forty wealthiest residents of Pennsylvania.

Founding Urban Outfitters

Hayne received his higher education at Lehigh University. In 1970, he decided to start his own business and founded the company "Urban Outfitters". The first store of the company was located in a building at the University of Pennsylvania. Today, "Urban Outfitters" is one of the largest retail chains.

Political Involvement and Support

Richard Hayne actively participates in the political life of the United States and is a staunch supporter of the conservative party. He makes significant contributions to the conservative fund and has supported Senator Rick Santorum.

Expansion and Success

"Urban Outfitters" is the flagship creation of Richard Hayne. He opened the first store in 1970 in Philadelphia under the name "The Free People's Store," focusing on "funky" clothing and various household items. After a few years, Hayne renamed his store to "Urban Outfitters".

Today, "Urban Outfitters" stores offer a wide range of vintage, bohemian, and retro clothing. They also provide unique home decor items. The stores feature brands such as "Lacoste," "Evisu," "Diesel," "True Religion," and "Seven for All Mankind". The company's headquarters are currently located in Philadelphia, with branches in over 140 cities worldwide, including the United States, Canada, Ireland, Denmark, Sweden, Belgium, and the United Kingdom.

Popularity and Wealth

"Urban Outfitters" stores are highly popular worldwide, attracting many famous individuals who prefer the carefully curated selection and extensive choices. On May 1, 2008, the company celebrated the opening of its first store in Leeds, United Kingdom.

Richard Hayne is a wealthy individual, with an estimated net worth of $1.6 billion as of 2008. He ranked 743rd on Forbes' list of the world's wealthiest people.