Details | |
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Name | Donald Fisher |
Current Age | 88 |
Occupation(s) | Co-founder of Gap Inc. |
Date of Birth | September 3, 1928 |
Date of Death | September 27, 2009 |
Place of Birth | San Francisco, California |
Nationality | American |
Parents | Sidney Fisher and Doris Feigenbaum Fisher |
Spouse | Doris F. Fisher |
Children | Robert J. Fisher, William S. Fisher, John J. Fisher, and Doris F. Fisher |
Net Worth (2024) | $3.5 billion |
Source of Wealth | Gap Inc., Investments |
Ethnicity | Caucasian |
Height | 5’10" |
Notable Works | Co-founding Gap Inc., Philanthropic efforts |
Early Life and Education
Donald George Fisher, born on September 3, 1928, in San Francisco, California, was an American retail entrepreneur and philanthropist. He was the son of Sidney Fisher, a real estate and investment banker, and Doris Feigenbaum Fisher. Fisher grew up in a financially comfortable environment, which influenced his entrepreneurial spirit from a young age.
Career and Achievements
In 1969, Donald Fisher and his wife, Doris, founded Gap Inc., a global specialty retailer offering clothing, accessories, and personal care products for men, women, and children. Under Fisher’s leadership, Gap Inc. grew from a single store in San Francisco to a multinational corporation with thousands of stores worldwide.
Fisher’s keen business acumen and innovative retail strategies played a pivotal role in the success of Gap Inc. He revolutionized the retail industry by introducing the concept of "specialty retailing," focusing on a specific niche market and providing high-quality, affordable products to customers.
Philanthropic Legacy
Beyond his contributions to the retail sector, Donald Fisher was also known for his philanthropic endeavors. Along with his wife, Doris, Fisher established the Fisher Family Foundation, which supports various educational, environmental, and healthcare initiatives. The Fishers made significant donations to organizations such as Teach For America and the KIPP Foundation, emphasizing their commitment to improving education and opportunities for underserved communities.
Legacy and Net Worth
Donald Fisher passed away on September 27, 2009, leaving behind a lasting legacy in the retail industry and philanthropic world. As of 2024, his net worth is estimated to be $3.5 billion, primarily derived from his stake in Gap Inc. and successful investments in various ventures.
Donald Fisher’s vision, entrepreneurial spirit, and dedication to giving back continue to inspire future generations of entrepreneurs and philanthropists. His impact on the retail landscape and his philanthropic legacy serve as a testament to his enduring influence on society.