Power List 2014: MICHAEL KORS
Fashion Designer/Businessman, 54
The womenswear designer made his debut on the Forbes billionaires list this year. The Long Island native has seen his company grow steadily since he took it public in 2011, proving that there is hope for FIT dropouts. After many years as a reality judge on Project Runway, he received the ultimate celebrity endorsement when Hollywood starlet Lupita Nyong’o wore one of his designs at a pre-Oscars cocktail party. Kors is also a humanitarian champion with his Watch Hunger Stop campaign, an initiative to end global hunger launched in partnership with the UN’s World Food Programme.