Ralph Lauren, a legendary fashion designer, is set to make history as the first designer ever to receive the Presidential Medal of Freedom. The 85-year-old style icon will be presented with the award by President Biden in Washington, DC. President Biden chose Lauren for his extraordinary contributions as a visionary designer, trailblazing entrepreneur, innovative business leader, and dedicated philanthropist. Lauren’s story is seen as a testament to the boundless possibilities of creativity, determination, and the American Dream.
Lauren’s clothes have long been loved and worn by prominent figures such as President Biden and First Lady Jill. President Biden has awarded 37 Medals of Freedom since taking office, with other recipients including Simone Biles, Megan Rapinoe, Nancy Pelosi, and Denzel Washington. Lauren’s wife, Ricky, and their three children, Andrew, David, and Dylan, are expected to attend the ceremony where he will be honored.
Born Ralph Lipschitz in The Bronx, Lauren launched his eponymous line of ties in the mid-1960s, before expanding into clothing for both men and women. He is credited with transforming the way America dressed, with signature garments such as the Polo shirt and Ralph Lauren bear sweater becoming staples of the American wardrobe. Lauren’s designs have been worn by politicians, princesses, celebrities, and even the US Olympic team, with his unique blend of East Coast prep and West-cool cowboy style redefining American fashion.
In addition to selling clothes, Lauren has also been selling an aspirational idea of America itself. By combining cinematic advertising with the intricate beauty of his stores and restaurants, Lauren has redefined American style. Over the years, the Ralph Lauren brand has expanded beyond apparel to include accessories, fragrances, and home decor, making Lauren one of the wealthiest figures in the fashion industry. His personal net worth is estimated at $10.8 billion, while the Ralph Lauren Corporation brought in $6.63 billion in revenue last year.
Aside from his successful fashion empire, Lauren is also known for his philanthropy. The Ralph Lauren Corporation Foundation, established in 2001, has donated tens of millions of dollars to various causes close to Lauren’s heart, including cancer care and prevention, and environmental advocacy. Lauren’s commitment to giving back to the community has solidified his legacy not only as a fashion designer but also as a compassionate individual dedicated to making a positive impact on the world.
