Timothy Boyle

$1.71 B

Ranked #2340 in World

About Timothy Boyle

Timothy P. Boyle, an American billionaire and the dynamic CEO of Columbia Sportswear, boasts a net worth of US$2.0 billion as of November 2022. A native of Portland, Oregon, Boyle’s business acumen is rooted in his family’s heritage, with his parents behind the innovative expansion of Columbia Sportswear that included the iconic fishing vest design in 1960. A University of Oregon journalism graduate, Boyle transformed the struggling hat company into an outdoor clothing powerhouse, leading to a public offering in 1998 and a resilient internet sales strategy. Today, Boyle stands as a major University of Oregon benefactor, known for significant philanthropic contributions and a compassionate pandemic response.

Born

September 07, 1949 in Portland, Oregon, US

Age

76 years

Source Of Wealth

Columbia Sportswear

Industries

Fashion & Retail

Citizenship

United States

Residence

Portland, Oregon

Education

Bachelor of Arts/Science, University of Oregon

Spouse

Mary Boyle

Children

Parent

Gert Lammfromm Boyle, Joseph Cornelius "Neal" Boyle

Timothy P. Boyle, an American billionaire, president, and CEO of Columbia Sportswear, was born and raised in Portland, Oregon. His father, Joseph Cornelius "Neal" Boyle, was an Irish Catholic, while his mother, Gertrude Lammfromm, was a Jewish immigrant from Nazi Germany. Boyle has two sisters, Kathy Boyle and Sally Boyle.

Boyle's grandfather purchased Rosenfeld Hat Company and renamed it Columbia Hat Company. His father later became president of Columbia Hat and diversified the company into outerwear. In 1960, Boyle's mother designed the first fishing vest, which led to the company's name change to Columbia Sportswear.

Boyle received his education at Jesuit High School and the University of Oregon, where he earned a bachelor's degree in journalism in 1971.

Timothy Boyle: Career

After his father's death in 1970, Boyle joined Columbia Hat. Initially, the company faced challenges, but it found success by refocusing on outdoor clothing and casual wear in the 1970s. In 1975, Columbia introduced Gore-Tex parkas, and in 1986, they released the popular Bugaboo jacket with a zip-out lining.

Under Boyle's leadership, Columbia grew significantly. From $800,000 in annual sales and 40 employees, the company reached $353.5 million in sales by 1997. Boyle took over as company president from his mother in 1988, and in 1998, Columbia went public.

In the early 2010s, Boyle refocused Columbia towards mid-range, moderately priced products. He also aligned sales with changes in the retail industry, shifting towards internet sales. As a result, Columbia grew into a $6.5 billion public company, with Boyle's ownership worth over $1 billion in 2013. In 2020, he was ranked No. 378 on Forbes 400 list of richest people in America.

Timothy Boyle: Personal Life

Boyle is married to Mary and has a son and a daughter. He resides in Portland, Oregon. Boyle has demonstrated a commitment to philanthropy. In 2007, he donated $5 million to the University of Oregon, followed by a $10 million donation to the university's aquatic animal care facility in 2016.

Additionally, he contributed $10 million towards a biomedical data science initiative.

During the COVID-19 pandemic in 2020, Boyle reduced his salary to $10,000 while ensuring that retail employees received full salary and benefits.

Wealth History

Timeline

1970

Joined Columbia Hat after his father's death.

1975

Introduced Gore-Tex parkas.

1986

Released the trendy Bugaboo jacket with a zip-out lining.

1988

Boyle took over as company president from his mother.

1997

Columbia grew from $800,000 in annual sales and 40 employees to $353.5 million in sales.

1998

Company went public.

2007

Donated $5 million to the University of Oregon.

2010

Refocused Columbia towards mid-range, moderately priced products.

2013

Columbia grew into a $6.5bn public company, with Boyle's ownership worth over $1.0 billion.

2016

Donated $10 million to the university's aquatic animal care facility.

2020

Reduced his salary to $10,000 during the COVID-19 pandemic while maintaining full salary and benefits for retail employees.

Timothy Boyle : FAQs

What is Timothy Boyle's current net worth?

Timothy Boyle's current net worth is $1.71 billion.

What is Timothy Boyle's current global rank among billionaires?

Timothy Boyle holds the 2340th position globally among billionaires.

What is Timothy Boyle's current ranking within the United States?

Timothy Boyle holds the 750th position in United States.

What was the change in Timothy Boyle's net worth compared to the previous year?

Timothy Boyle's net worth increased by 68.63 million dollars compared to the previous year 2025, when his net worth was 1.64 billion dollars.

What is the recent change in Timothy Boyle's net worth?

Timothy Boyle's net worth decreased by 0.9 million dollars recently, a 0.05% decrease, with his net worth standing at 1.71 billion dollars.

What are Timothy Boyle's main sources of wealth?

Timothy Boyle's main source of income comes from Columbia Sportswear.

In which industry does Timothy Boyle primarily operate?

Timothy Boyle is primarily involved in the Fashion & Retail industry.

What is Timothy Boyle educational background?

Timothy Boyle holds a Bachelor of Arts/Science from the University of Oregon.

How old is Timothy Boyle?

Timothy Boyle is 76 years old.

How many children does Timothy Boyle have?

Timothy Boyle has 2 children.

Who is Timothy P. Boyle and what is his role at Columbia Sportswear?

Timothy P. Boyle is an American billionaire who serves as the president and CEO of Columbia Sportswear, a well-known outdoor clothing and goods company.

What key strategies contributed to the growth of Columbia Sportswear?

Under Timothy P. Boyle's leadership, Columbia Sportswear refocused on outdoor clothing and casual wear in the 1970s, introduced Gore-Tex parkas in 1975, and launched the iconic Bugaboo jacket in 1986. The company's shift towards mid-range products and alignment with internet sales in the early 2010s played a significant role in its growth.

How has Timothy P. Boyle impacted his community and employees?

Timothy P. Boyle has made significant donations to the University of Oregon, including a $5 million gift in 2007 and a $10 million contribution towards an aquatic animal care facility in 2016. In addition, during the COVID-19 pandemic, he reduced his own salary to $10,000 and maintained full salaries and benefits for Columbia Sportswear's retail employees.