Richard Saghian (#1956)
- $ 2 B
- Fast fashion
- United States
- M
- 44 Years
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About Me
Richard Saghian is the founder and CEO of fast fashion company Fashion Nova, which generates some $2 billion in annual sales. The son of Iranian immigrants, Saghian started the company in 2006 after dropping out of college. He offered hundreds of new clothing styles a week, promoted on Instagram by influencers and celebrities like Cardi B. In 2018, Fashion Nova was the most Googled fashion brand, beating out the likes of Louis Vuitton, Versace and Gucci. Saghian owns several properties in Los Angeles, including a sprawling hilltop estate in Bel Air that he purchased for $141 million.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Richard Saghian’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Richard Saghian’s net worth journey over the years, highlighting key growth phases and financial milestones.
Current Net Worth: $2.1B
(May 4, 2026)
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