Peter Nygård

Peter Nygard Net Worth

Peter Nygard is a Canadian fashion executive who has a net worth of $900 million. Born in Helsinki, Finland in 1943, Nygard is the founder of Nygard International, which is a Winnipeg-based company that manufactures women's clothing. His parents immigrated to Canada from Finland in 1952. Nygard attended the University of North Dakota where he received his degree in business. He currently lives in New York City where he maintains Nygard International's world headquarters. Nygard began establishing his clothing company in 1967 when he spent his life-savings plus an additional several thousand dollars to purchase a percentage of a women's clothing manufacturer. Shortly after he obtained the rest of the company and renamed it Nygard International. He is an avid supporter of breast cancer research and has made large charitable donations to the Canadian Breast Cancer Foundation. He has also supported the Amateur Boxing Federation's Bahamas team and has contributed to their Olympic success. He has seven children.