Ralph Lauren, KBE (né Lifshitz; born October 14, 1939) is an American fashion designer, philanthropist, and business executive, best known for the Ralph Lauren Corporation, a global multibillion-dollar enterprise. He has also become well known for his collection of rare automobiles, some of which have been displayed in museum exhibits. Lauren stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of 2018, Forbes estimates his wealth at $7. 2 billion, which makes Ralph Lauren the 91st richest person in America.