A prominent philanthropist, Kimmel has been among the world’s wealthiest person’s alive now. As a producer, he’s worked on movies like The Kite Runnerand Death at a Funeral. Of Jewish ancestry, Sidney Kimmel was born in 1929. Sidney went to study at Temple University. Jointly together with his wife Caroline Davis, Sidney Kimmel now resides in California.
Sidney Kimmel Net Worth $1.3 Billion
An avid art collector, Sidney Kimmel additionally owns Sidney Kimmel Entertainment and artwork. The avid art collector has investments real estate and holds a small position in Miami Heat, an expert NBA basketball team.
While working for W.R. Grace and Company in 1970, he founded Jones Apparel Group and together with a partner, he acquired the company. A few of the institution ‘s well-known lines include Evan-Picone, 9 West and Jones New York. He has obtained licensing with Ralph Lauren. In 2002, he stepped down as the company’s CEO but he remained as Jones Apparel Group’s Chairman of the Board of Directors. He was reported to possess sold most of his shares in the company.