Richard Hayne & family

$2.57 B

Ranked #1580 in World

About Richard Hayne & family

Richard Hayne, the prominent President and CEO of Urban Outfitters, Inc. since 1976 and a notable figure in the retail industry, was born on May 26, 1947. Rising to CEO in 2012, following Glen Senk's retirement, Hayne's leadership expanded the company to over 400 stores globally, encompassing brands such as Free People and Anthropologie. Despite dropping off the Forbes 400 list in 2015, he was ranked #1818 on Forbes' Billionaires list in March 2019. Hayne, a Lehigh University anthropology graduate, co-founded Urban Outfitters near the University of Pennsylvania in 1970. His personal life, including his marriage to Margaret Hayne and contributions to various social causes, has been both praised and scrutinized. Operating the Doe Run Dairy farm in Pennsylvania, Hayne's complex legacy intertwines corporate success with contentious social engagements.

Born

September 01, 1947

Age

78 years

Source Of Wealth

Urban Outfitters

Industries

Fashion & Retail

Citizenship

United States

Residence

Philadelphia, Pennsylvania

Education

Bachelor of Arts/Science, Lehigh University

Spouse

Margaret Hayne

Richard Hayne was born on May 26, 1947. There is no information available about his early years and childhood.

Richard Hayne & family: Family

Richard Hayne is married to Margaret Hayne, who joined Urban Outfitters in August 1982. They have five children together: David, Jonathan, Sarah, Annesley, and Judson. The family resides in Coatesville, Pennsylvania, where they operate the Doe Run Dairy farm.

Richard Hayne & family: Career Highlights

Richard Hayne co-founded Urban Outfitters, Inc. in 1970 with his former wife Judy Wicks. The first store was located on the campus of the University of Pennsylvania. The company now operates over 400 stores under four brands: Urban Outfitters, Free People, Anthropologie, and Terrain. Hayne became the CEO of Urban Outfitters in 2012 after Glen Senk's retirement.

Richard Hayne & family: Companies

Richard Hayne is the President and CEO of Urban Outfitters, Inc. The company operates over 400 stores under four brands: Urban Outfitters, Free People, Anthropologie, and Terrain.

Richard Hayne & family: Major Achievements

Richard Hayne has been instrumental in the growth and success of Urban Outfitters, Inc. The company has grown from a single store to a global retailer with over 400 stores. Hayne has also been recognized for his philanthropic efforts, including his support of GLSEN and the National Center for Lesbian Rights.

Richard Hayne & family: Awards & Achievements

Richard Hayne has received numerous awards and recognitions for his contributions to the retail industry. Some of his notable awards include:

Ernst & Young Entrepreneur of the Year Award (1998)
Philadelphia Award (2006)
Retail Innovator of the Year Award (2012)

Richard Hayne & family: Personal Life & Legacy

Richard Hayne has been criticized for donating to then-Senator Rick Santorum until 2006. He also faced backlash after Urban Outfitters retracted a shirt supporting same-sex marriage after California's Prop 8 passed in 2008. However, he later partnered with the National Center for Lesbian Rights to release a different shirt supporting same-sex marriage in 2009.

Hayne has avoided stating his own views on homosexuality.

Richard Hayne & family: Trivia

Richard Hayne graduated from Lehigh University in 1969 with a degree in anthropology.
He dropped off the Forbes 400 list in 2015.
As of March 2019, he was ranked #1818 on Forbes' Billionaires 2019 list.
Hayne partnered with gay YouTuber Connor Franta to sell a limited clothing line at the 8 largest stores to raise money for GLSEN.

Wealth History

Timeline

May 26, 1947

Richard Hayne is born.

1969

Richard Hayne graduates from Lehigh University with a degree in anthropology.

1970

Richard Hayne and his former wife Judy Wicks co-found Urban Outfitters, Inc.

1976

Richard Hayne becomes President and CEO of Urban Outfitters.

1982

Richard Hayne marries Margaret Hayne, who joins Urban Outfitters.

2006

Richard Hayne stops donating to then-Senator Rick Santorum.

2008

Urban Outfitters retracts a shirt supporting same-sex marriage after California's Prop 8 passes, facing backlash.

2009

Urban Outfitters partners with the National Center for Lesbian Rights to release a different shirt supporting same-sex marriage.

2012

Richard Hayne becomes CEO of Urban Outfitters after Glen Senk's retirement.

2015

Richard Hayne drops off the Forbes 400 list.

March 2019

Richard Hayne is ranked #1818 on Forbes' Billionaires 2019 list.

Richard Hayne & family : FAQs

What is Richard Hayne's current net worth?

Richard Hayne's current net worth is $2.57 billion.

What is Richard Hayne's current global rank among billionaires?

Richard Hayne holds the 1580th position globally among billionaires.

What is Richard Hayne's current ranking within the United States?

Richard Hayne holds the 547th position in United States.

What was the change in Richard Hayne's net worth compared to the previous year?

Richard Hayne's net worth increased by 53.1 million dollars compared to the previous year 2025, when his net worth was 2.52 billion dollars.

What is the recent change in Richard Hayne's net worth?

Richard Hayne's net worth increased by 10.16 million dollars recently, a 0.39% increase, with his net worth standing at 2.57 billion dollars.

What are Richard Hayne's main sources of wealth?

Richard Hayne's main source of income comes from Urban Outfitters.

In which industry does Richard Hayne primarily operate?

Richard Hayne is primarily involved in the Fashion & Retail industry.

What is Richard Hayne educational background?

Richard Hayne holds a Bachelor of Arts/Science from Lehigh University.

How old is Richard Hayne?

Richard Hayne is 78 years old.

Who is Richard Hayne and when was he born?

Richard Hayne is the President and CEO of Urban Outfitters, born on May 26, 1947.

What significant change occurred at Urban Outfitters in 2012?

In 2012, Richard Hayne became CEO of Urban Outfitters following Glen Senk's retirement.

How did Richard Hayne's career begin and what were his educational credentials?

Richard Hayne co-founded Urban Outfitters in 1970 after graduating from Lehigh University in 1969 with a degree in anthropology.

What controversies has Richard Hayne faced?

Richard Hayne was criticized for donations to Rick Santorum until 2006 and faced backlash for Urban Outfitters retracting a pro-same-sex marriage shirt in 2008.

Can you tell us about Richard Hayne's personal life and business ventures outside Urban Outfitters?

Richard Hayne is married to Margaret Hayne and has five children. He resides in Coatesville, Pennsylvania, where they operate the Doe Run Dairy farm.