Karen Millen Net Worth

Net Worth: $60 Million
Statistics
  • Source of Wealth:

    Fashion
  • Birth Place:

    Maidstone, Kent
  • Marital Status:

    Divorced (Kevin Stanford)
  • Full Name:

    Karen Millen
  • Nationality:

    British
More Stats View More

About Karen Millen

The Teens Unite Fighting Cancer charity was founded by Millen, 49, who is also involved with a vocational project for the charity Hope HIV, which works with children in sub-Saharan Africa affected by the Aids pandemic. Millen considers herself a designer first and a retailer second.

Image result for Karen Millen

She started out selling shirts when she was at Medway College in Rochester. Then, on holiday in Morocco, she met Kevin Stanford, who became her business partner and later her husband, although they are now divorced.

They opened their first shop in Maidstone, before an approach from the successful shoe chain, Pied a Terre, who asked Millen to produce a clothing line for them. The business, called Karen Millen, took off and when she sold a 40% stake to Icelandic investors. She shared a £54m payout when all but 15% of the rest of the shares were later sold.

Earnings & Financial Data ?
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Earnings 2018

Asset Jul. 2018
Current value of Karen Millen's website karemillen.com
$18,500
Sale of Asset Mar. 2018
Selling price of Karen Millen's six-bedroom property in the idyllic Kent village of Wateringbury
$3,280,000

Earnings 2017

Asset Mar. 2017
Current value of Karen Millen's Georgian mansion in Kent — complete with swimming pool, lake and helipad
$3,940,000
Earnings Feb. 2017
Gross sales of Karen Millen's fashion brand for the year ending February 2017
$211,000,000
Earnings Feb. 2017
Gross profit of Karen Millen's fashion brand for the year ending February 2017
$127,000,000
Show all earnings

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