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James "Jim" Jannard is an American designer, businessman, and founder of eyewear and apparel company Oakley, Inc. and RED Digital Cinema.
His RED Digital cameras shot the Oscar-winning film, "The Social Network." The digital cinema-quality cameras have also been used on the sets of directors Peter Jackson and Steven Soderbergh.
He sold motorcycle grips from a car trunk in 1975 later switched to sunglasses in 1983. The Oakley founder persuaded star athletes to wear his high-tech lenses; went public in 1995. James started Red Digital in 2006 and sold Oakley to Leonardo Del Vecchio's optics giant Luxottica for $2.1 billion in 2007.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2007 |
Sale of Asset |
Sale of James Jannard's Oakley to Italian company Luxottica, the world's largest eyewear manufacturers and retailers |
$2,100,000,000 |
|
2007 |
Sale of Asset |
Sale of James Jannard's first product which was a motorcycle grip that wicked sweat during long rides to Luxottica |
$2,100,000,000 |
|
1999 |
Asset |
Current value of James Jannard's 60% stake in Oakley |
$261,200,000 |
|
1999 |
Asset |
Purchase value of James Jannard and an unidentified partner's at least an acre of nearby land in the prestigious Newport Coast project |
$8,000,000 |
|
1999 |
Asset |
Purchase value of James Jannard's 12,000-square-foot house in the hills above Newport Beach and Corona del Mar, |
$7,000,000 |
|
1998 |
Earnings |
Gross sales of Oakley for the year 1998 |
$232,000,000 |
|
1995 |
Earnings |
Gross sales of Oakley for the first half of the year 1995 |
$82,300,000 |
|
1995 |
Earnings |
Preliminary net earnings of Oakley for the first half of year 1995 |
$15,700,000 |
|
1995 |
Sale of Asset |
Selling price of James Jannard's shares for sale in Oakley |
$138,700,000 |
|
1995 |
Asset |
Current value of James Jannard's existing shares in Oakley |
$532,000,000 |
|
1994 |
Earnings |
Net earnings of Oakley for the year 1994 |
$8,300,000 |
|
1994 |
Earnings |
Gross sales of Oakley for the year 1994 |
$124,000,000 |
|
1994 |
Bonus |
Bonus as the founder and CEO of Oakley |
$20,900,000 |
|
1994 |
Salary |
Annual salary as the founder and CEO of Oakley |
$380,670 |