Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

12 of the richest LGBTQ people in the world

12 of the richest LGBTQ people in the world

David Geffen, Tim Cook, Giorgio Armani, and Ellen DeGeneres have all accumulated huge wealth.
David Geffen, the co-founder of DreamWorks, is worth $9.9 billion, according to Forbes.
David Geffen.


Starting as a Hollywood talent agent, Geffen made the foundation of his fortune when he created record labels Asylum Records, Geffen Records, and DGC Records. In 1994, he created the DreamWorks film studio with Steven Spielberg and Jeffrey Katzenberg. Geffen also has a large real estate portfolio and a $2 billion art collection, according to Business Insider.

In 2007, Out magazine called Geffen the most powerful gay man in the country.

Fashion designer Giorgio Armani's fortune is about $8.1 billion.
Giorgio Armani.


Armani began his career in the military after leaving medical school. In the '70s, he started designing menswear clothing, but his career really took off when he started designing for Richard Gere in 1980. Since then, Armani's brand has expanded into an empire, which includes accessories, interior design, and hotels.

The famously private designer spoke about his sexuality in a 2000 interview with Vanity Fair, saying, "I have had women in my life. And sometimes men."

PayPal's co-founder Peter Thiel is worth $5 billion, according to Forbes.
Peter Thiel.


In 1999, Thiel co-founded PayPal, which was meant to be a simple way to exchange money via devices. He was CEO of the company up until eBay acquired PayPal, and his stake in the company was said to be worth $55 million. Thiel was also an early investor of Facebook, and he founded a data analytics company, Palantir, which is valued at $20 billion, according to Forbes.

He now lives with his husband, Matt Danzeisen, in Los Angeles.

Jon Stryker is an heir to a medical equipment company. Forbes reports his net worth at $4.3 billion.
Jon Stryker.


Stryker's grandfather founded Stryker Corp., which is a medical supply company that sold $14.9 billion in equipment in 2019, according to Forbes. One of the heirs to the family fortune, Stryker is a philanthropist, donating large sums of his money to charities and scholarships. So far, he has given away $585 million.

Stryker also founded the Arcus Foundation, which fights for LGBTQ rights and ape conservation.

Norwegian businessman Stein Erik Hagen is worth $2.7 billion, according to Forbes.
Stein Erik Hagen.


Hagen founded the supermarket chain Rimi with his father in the 1970s and is a major shareholder of the consumer goods conglomerate Orkla. He was Norway's seventh wealthiest person in 2020, according to Norwegian business magazine Kapital.

Hagen, who is bisexual, publicly came out on one of Norway's biggest chat shows, Skavaln, in 2015, saying he only came to understand his sexuality "well into adulthood," The Local reported.

Jennifer Pritzker, a hotel heiress, is the only openly transgender billionaire in the world.
Jennifer Pritzker.


A former lieutenant in the Army, Pritzker inherited part of the Hyatt hotel fortune, giving her a net worth of $2 billion, according to Forbes.

She came out as transgender in 2013 without much fanfare, but she made headlines in 2017 when President Trump announced a ban on transgender people serving in the military. Before this, Pritzker supported Trump and donated large sums to his campaign, but the ban prompted her to support Biden in his bid for the presidency.

Fashion designer Domenico Dolce is worth $1.6 billion.
Domenico Dolce.


After meeting in a club, Dolce and Stefano Gabbana started a fashion brand together in 1985. The company's signature animal print made waves at fashion events and even caught the attention of Madonna, solidifying Dolce & Gabbana's place in fashion history.

His business partner Stefano Gabbana is also worth $1.6 billion.
Stefano Gabbana.


Dolce and Gabbana ended their personal relationship in 2003 but still own the company and design together.

In 2020, Apple CEO Tim Cook officially became a billionaire.
Tim Cook.


Cook became CEO of Apple in 2011 after the death of its founder, Steve Jobs. A decade later, the company is nearing a market value of nearly $2 trillion, making Cook a billionaire.

He is now worth $1.3 billion, according to Forbes. Despite his billionaire status, he lives in a relatively modest home in Palo Alto.

He came out as gay in 2014.

Fashion designer Michael Kors used to be worth $1 billion, but today, his fortune is estimated to be $600 million.
Michael Kors.


Kors began his fashion design company in his mother's basement in the '80s and turned it into an empire. In 2011, he took the company public when it was valued at $3.5 billion. In 2004, he became a superstar when he became a judge on "Project Runway." Ten years later, Kors became a billionaire.

Today, his fortune is a bit smaller, but he calls downtown New York City home with his husband, Lance Le Pere.

Elton John has been in the music industry for decades, earning a fortune that's reportedly near $500 million.
Elton John.


John began his music career in England and became known for his flamboyant and outrageous costumes. Quickly, he became a cultural phenomenon, launching his decade-spanning career. He still tours today and has sold over 300 million records, according to The Times.

Plus, John has been with his partner, David Furnish, for nearly three decades.

Ellen DeGeneres' net worth is estimated at $370 million, according to Forbes.
Ellen DeGeneres.


DeGeneres began her career as a standup comedian and eventually landed a successful sitcom titled "Ellen" in the late '90s. During that time, she came out as a lesbian, and she was blacklisted from Hollywood. In 2003, she made her return as a daytime talk show host, although the show will end after its 19th season airs in 2022.

She's married to Portia de Rossi and they live in Los Angeles.

AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
Trump Called Viktor Orbán: "Why Are You Using the Veto"
Horror in the Skies: Plane Engine Exploded, Passengers Sent Farewell Messages
AI in Policing: Draft One Helps Speed Up Reports but Raises Legal and Ethical Concerns
Shame in Norway: Crown Princess’s Son Accused of Four Rapes
Apple Begins Simultaneous iPhone 17 Production in India and China
A Robot to Give Birth: The Chinese Announcement That Shakes the World
Finnish MP Dies by Suicide in Parliament Building
Outrage in the Tennis World After Jannik Sinner’s Withdrawal Storm
Class Action Lawsuit Against Volkswagen: Steering Wheel Switches Cause Accidents
UK Government Tries to Sue 4chan for Breaching Online Safety Act
Dogfights in the Skies: Airbus on Track to Overtake Boeing and Claim Aviation Supremacy
Tim Cook Promises an AI Revolution at Apple: "One of the Most Significant Technologies of Our Generation"
Are AI Data Centres the Infrastructure of the Future or the Next Crisis?
Miles Worth Billions: How Airlines Generate Huge Profits
Cambridge Dictionary Adds 'Skibidi,' 'Delulu,' and 'Tradwife' Amid Surge of Online Slang
Zelenskyy Returns to White House Flanked by European Allies as Trump Pressures Land-Swap Deal with Putin
The CEO Who Replaced 80% of Employees for the AI Revolution: "I Would Do It Again"
"Every Centimeter of Your Body Is a Masterpiece": The Shocking Meta Document Revealed
Character.ai Bets on Future of AI Companionship
China Ramps Up Tax Crackdown on Overseas Investments
Japanese Office Furniture Maker Expands into Bomb Shelter Market
Intel Shares Surge on Possible U.S. Government Investment
Hurricane Erin Threatens U.S. East Coast with Dangerous Surf
EU Blocks Trade Statement Over Digital Rule Dispute
EU Sends Record Aid as Spain Battles Wildfires
Beijing is moving into gold and other assets, diversifying away from the dollar
China Requires Data Centres to Source Majority of AI Chips Locally, For Technological Sovereignty
Escalating Clashes in Serbia as Anti-Government Protests Spread Nationwide
Category 5 Hurricane in the Caribbean: 'Catastrophic Storm' with Winds of 255 km/h
Trump Backs Putin’s Land-for-Peace Proposal Amid Kyiv’s Rejection
Digital Humans Move Beyond Sci-Fi: From Virtual DJs to AI Customer Agents
YouTube will start using AI to guess your age. If it’s wrong, you’ll have to prove it
Jellyfish Swarm Triggers Shutdown at Gravelines Nuclear Power Station in Northern France
OpenAI’s ‘PhD-Level’ ChatGPT 5 Stumbles, Struggles to Even Label a Map
Zelenskyy to Visit Washington after Trump–Putin Summit Yields No Agreement
High-Stakes Trump-Putin Summit on Ukraine Underway in Alaska
The World Economic Forum has cleared Klaus Schwab of “material wrongdoing” after a law firm conducted a review into potential misconduct of the institution’s founder
A Computer That Listens, Sees, and Acts: What to Expect from Windows 12
Bitcoin hits $123,000
Southwest Airlines Apologizes After 'Accidentally Forgetting' Two Blind Passengers at New Orleans Airport and Faces Criticism Over Poor Service for Passengers with Disabilities
United States Sells Luxury Yacht Amadea, Valued at Approximately $325 Million, in First Sale of a Seized Russian Yacht Since the Invasion of Ukraine
Russian Forces Advance on Donetsk Front, Cutting Key Supply Routes Near Pokrovsk
It’s Not the Algorithm: New Study Claims Social Networks Are Fundamentally Broken
Sixty-Year-Old Claims: “My Biological Age Is Twenty-One.” Want the Same? Remember the Name Spermidine
Saudi Arabia accelerates renewables to curb domestic oil use
The Billion-Dollar Inheritance and the Death on the Railway Tracks: The Scandal Shaking Europe
World’s Cleanest Countries 2025 Ranked by Air, Water, Waste, and Hygiene Standards
Denmark Revives EU ‘Chat Control’ Proposal for Encrypted Message Scanning
Perplexity makes unsolicited $34.5 billion all-cash offer for Google’s Chrome browser
Cristiano Ronaldo and Georgina Rodríguez announce engagement
×