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What is James Jebbia’s Net Worth?
James Jebbia is a businessman and clothier who has a net worth of $800 million. James Jebbia is greatest recognized for founding the New York City-based skateboarding life-style and clothes model Supreme. Beyond the United States, the corporate has shops in such locations as London, Paris, Milan, and a number of areas in Japan. Prior to getting into the enterprise and style worlds, Jebbia was a toddler actor within the first season of the British youngsters’s tv collection “Grange Hill.”
In 2017 personal fairness agency Carlyle Group spent $500 million to accumulate a 50% stake in Supreme, valuing the model at $1 billion.
In November 2020 it was introduced that Supreme had been acquired by VF Corp. for $2.1 billion.
Early Life
James Jebbia was born on July 22, 1963 in New York City to an English mom and an American father who had served within the United States Air Force. When he was nonetheless an toddler, he moved together with his dad and mom to Crawley, West Sussex, England. Jebbia’s dad and mom divorced when he was 10 years outdated. As a younger grownup in 1983, he moved again to the United States and settled in Staten Island.
Child Actor
Jebbia started his skilled profession as a toddler actor within the late Seventies. He performed Tommy Watson within the first season of the youngsters’s tv collection “Grange Hill,” targeted on the eponymous fictional complete college within the fictional North London borough of Northam. The present was notorious for its gritty depiction of college life, which considerably deviated from the extra sanitized portrayals of earlier school-based dramas. “Grange Hill” tackled such taboo subjects as drug use, homosexuality, psychological sickness, baby abuse, and sexual assault.
Career Beginnings in Fashion
After returning to the States in 1983, Jebbia landed his first job in New York on the minimalist skate store and clothes retailer Parachute. Later within the decade, he based and started managing the streetwear retailer Union NYC, which carried predominantly English clothes manufacturers; opened in 1989, it was situated on Spring Street in Manhattan earlier than transferring to Los Angeles. Jebbia subsequently partnered with Shawn Stussy, founding father of the clothes model Stüssy, from 1991 to 1994.
James Gebbia/ Getty Images
Supreme
In the spring of 1994, Jebbia based the skateboarding life-style and clothes model Supreme. Geared towards streetwear tradition and the skateboarding and hip hop scenes, the corporate’s first retailer was in an outdated workplace house in Lower Manhattan. Early staff included extras from Larry Clark’s seminal movie “Kids.” In 2004, a second retailer opened on Fairfax in Los Angeles, California, which doubled the dimensions of the unique New York City location. Supreme went on to open shops internationally in Paris, London, Milan, and a number of locations in Japan, together with Tokyo and Nagoya. The firm additionally has different shops stateside in San Francisco and Chicago. In addition to its personal clothes label, Supreme shares different skateboard manufacturers reminiscent of Nike SB, Thrasher, and Vans.
Over the years, Supreme has fashioned quite a few partnerships with different main manufacturers, together with Louis Vuitton, Emilio Pucci, Champion, Timberland, Lacoste, and True Religion. The firm has additionally collaborated with many high-profile artists, reminiscent of Takashi Murakami, Jeff Koons, Mark Flood, John Baldessari, and Damien Hirst. Japanese clothier Yohji Yamamoto has additionally lent his designs to the model.
In 2017, Jebbia confirmed that roughly 50% of Supreme had been bought to the personal fairness agency the Carlyle Group. A couple of years later, VF Corporation acquired Supreme in an all-cash deal for round $2.1 billion. Jebbia has continued to handle the enterprise following the acquisition.
Personal Life
With his spouse Bianca, Jebbia has two youngsters: a son named Miles and a daughter named Nina. The family resides within the West Village in Lower Manhattan, New York City.
All web worths are calculated utilizing knowledge drawn from public sources. When supplied, we additionally incorporate personal suggestions and suggestions acquired from the celebrities or their representatives. While we work diligently to make sure that our numbers are as correct as attainable, except in any other case indicated they’re solely estimates. We welcome all corrections and suggestions utilizing the button under.
