Richard Hayne
Encyclopedia
Richard Hayne is the president of Urban Outfitters
, an American
chain of clothing retailers. At a net worth of $1.8 billion, Hayne is the #262 richest person in the U.S. according to the 2008 Forbes 400
list, a ranking of the 400 richest Americans by net worth. He is included in the Top 40 richest people in Pennsylvania
. He is a graduate of Lehigh University
.
He co-founded Urban Outfitters, Inc. in 1970 with former wife, Judy Wicks. The first store was located on the campus of the University of Pennsylvania
. Today, the company operates over 200 stores under three brands: Urban Outfitters
, Free People
, and Anthropologie
and Terrain (newly launched gardening store). The liberal tone of Free People and Urban Outfitters is a reflection of his more liberal early roots. However, Richard Hayne is now a "conservative capitalist entrepreneur." Republican
former senator Rick Santorum
has been among Hayne's beneficiaries; during an interview with Philadelphia Weekly in 2003, Hayne at first denied any involvement with Senator Santorum and refused to discuss his personal views on homosexuality stating "I'm not going to comment on it." Hayne has also been criticized for discontinuing sales of a pro-same sex marriage t-shirt in his stores, although the company maintains it was for poor sales.
Urban Outfitters
Urban Outfitters, Inc. is a publicly traded American company that owns and operates five retail brands: Urban Outfitters, Anthropologie, Free People, Terrain, and BHLDN....
, an American
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
chain of clothing retailers. At a net worth of $1.8 billion, Hayne is the #262 richest person in the U.S. according to the 2008 Forbes 400
Forbes 400
The Forbes 400 or 400 Richest Americans is a list published by Forbes Magazine magazine of the wealthiest 400 Americans, ranked by net worth. The list is published annually in September, and 2010 marks the 29th issue. The 400 was started by Malcom Forbes in 1982 and treats those in the list like...
list, a ranking of the 400 richest Americans by net worth. He is included in the Top 40 richest people in Pennsylvania
Pennsylvania
The Commonwealth of Pennsylvania is a U.S. state that is located in the Northeastern and Mid-Atlantic regions of the United States. The state borders Delaware and Maryland to the south, West Virginia to the southwest, Ohio to the west, New York and Ontario, Canada, to the north, and New Jersey to...
. He is a graduate of Lehigh University
Lehigh University
Lehigh University is a private, co-educational university located in Bethlehem, Pennsylvania, in the Lehigh Valley region of the United States. It was established in 1865 by Asa Packer as a four-year technical school, but has grown to include studies in a wide variety of disciplines...
.
He co-founded Urban Outfitters, Inc. in 1970 with former wife, Judy Wicks. The first store was located on the campus of the University of Pennsylvania
University of Pennsylvania
The University of Pennsylvania is a private, Ivy League university located in Philadelphia, Pennsylvania, United States. Penn is the fourth-oldest institution of higher education in the United States,Penn is the fourth-oldest using the founding dates claimed by each institution...
. Today, the company operates over 200 stores under three brands: Urban Outfitters
Urban Outfitters
Urban Outfitters, Inc. is a publicly traded American company that owns and operates five retail brands: Urban Outfitters, Anthropologie, Free People, Terrain, and BHLDN....
, Free People
Free People
Free People is a retail clothing store which is part of the Urban Outfitters family of companies.-History:In the early 1970s, Dick Hayne opened a store in Philadelphia, Pennsylvania, and he named it Free People. His store attracted the young people who lived and shopped in the area...
, and Anthropologie
Anthropologie
Anthropologie is a chain of retail stores that sells women's apparel and accessories, home furnishings, imitation found objects and an array of gifts and decorative items.Headquartered in Philadelphia, the company is owned by Urban Outfitters, Inc...
and Terrain (newly launched gardening store). The liberal tone of Free People and Urban Outfitters is a reflection of his more liberal early roots. However, Richard Hayne is now a "conservative capitalist entrepreneur." Republican
Republican Party (United States)
The Republican Party is one of the two major contemporary political parties in the United States, along with the Democratic Party. Founded by anti-slavery expansion activists in 1854, it is often called the GOP . The party's platform generally reflects American conservatism in the U.S...
former senator Rick Santorum
Rick Santorum
Richard John "Rick" Santorum is a lawyer and a former United States Senator from the commonwealth of Pennsylvania. Santorum was the chairman of the Senate Republican Conference -making him the third-ranking Senate Republican from 2001 until his leave in 2007. Santorum is considered both a social...
has been among Hayne's beneficiaries; during an interview with Philadelphia Weekly in 2003, Hayne at first denied any involvement with Senator Santorum and refused to discuss his personal views on homosexuality stating "I'm not going to comment on it." Hayne has also been criticized for discontinuing sales of a pro-same sex marriage t-shirt in his stores, although the company maintains it was for poor sales.
Notations
- 400, Forbes, September 17, 2008.
- Clothes Make the Man, Philadelphia Weekly, June 3