There are rich LGBT people around the world who have become billionaires after inheriting empires or by building companies.

Here are the 7 successful and richest LGBT people.

1. Giorgio Armani – Fashion Designer

7 Successful And Richest LGBT People

Giorgio Armani began designing menswear clothing after leaving the military. However his career took off when he started designing for Richard Gere and since then the Armani brand has been expanding.

2. David Geffen – Co-founder of DreamWorks

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David Geffen built a foundation with the creation of record labels, Asylum Records, Geffen Records and DGC Records. Along with Steven Spielberg and Jeffrey Katzenberg he created the DreamWorks film studio.

3. Peter Thiel – Co-founder of PayPal

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The easiest way to exchange money, PayPal was co-founded by Peter Thiel. He is a founder of a data analytics company, Palantir.

4. Michael Kors – Fashion Designer

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The fashion designer Michael Kors first started his fashion designing company in his mother’s basement and later on he expanded it into an empire. After becoming a judge on “Project Runway” he became a superstar.

5. Ellen DeGeneres

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Ellen DeGeneres, runs the famous and successful sitcom “Ellen” which she started in the 1990s. Previously she was a standup comedian.

6. Tim Cook – Apple CEO

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After the death of the founder, Steve Jobs, Tim Cook became the CEO who raised the market value of the company.

7. Jennifer Pritzker – Hotel Heiress

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Jennifer Pritzker is a former lieutenant in the Army and she has inherited a part of the Hyatt hotel fortune. According to Forbes reports, her net worth is $2 billion.

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Also Read: 5 Movies That Successfully Portray LGBT Community