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Sidney Kimmel Net Worth

Sidney Kimmel Net Worth

Net Worth: $1.31 Billion

Statistics
  • Source of Wealth Retail
  • Birth Place Pennsylvania, United States
  • Marital Status Married (Caroline Davis)
  • Full Name Sidney Kimmel
  • Nationality United States
  • Date of Birth 1929
  • Ethnicity Jewish
  • Occupation Businessman, Film Producer
  • Education Drop Out, Temple University
  • Children None
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About Sidney Kimmel

American film produce Sidney Kimmel has an estimated net worth of $1.31 billion as of May 2016 according to Forbes. A prominent philanthropist, Kimmel has been one of the world’s wealthiest person’s alive today. As a producer, he has worked on films like The Kite Runner and Death at a Funeral.

Of Jewish ancestry, Sidney Kimmel was born in 1929. He went to study at Temple University. Together with his wife Caroline Davis, Sidney Kimmel currently resides in California.

While working for W. R. Grace and Company in 1970, he founded Jones Apparel Group  and together with a partner, he acquired the company. Some of the company’s famous lines include Evan-Picone, 9 West and Jones New York. He has acquired licensing with Ralph Lauren. In 2002, he stepped down as the company’s CEO but he remained as Jones Apparel Group’s Chairman of the Board of Directors. He was reported to have sold most of his shares in the company.

An avid art collector, Sidney Kimmel also owns Sidney Kimmel Entertainment and arts. He has investments real estate and holds a small stake in Miami Heat, a professional NBA basketball team.