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8 of the richest LGBT billionaires in 2024: net worths, ranked – from Apple to Dolce & Gabbana
STORYLynn Farah
- Tim Cook, who took over as CEO of Apple after Steve Jobs’ death, came out as gay in 2014, while Giorgio Armani has billions in the bank …
Throughout June, many countries are lighting up in rainbows as the world celebrates Pride Month. While many nations might still lag, LGBTQ+ rights have certainly come a long way over the past few decades.
These days, many in the LGBTQ+ community no longer need to hide in the closet in order to succeed. From entertainment to fashion and tech, many LGBTQ+ billionaires are living their lives out and proud while becoming some of the wealthiest individuals on the planet.
Here are some of this year’s richest openly LGBTQ+ billionaires in the world, according to Forbes at the time of writing.
8. Tim Cook, 63 – US$2.2 billion
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Tech tycoon Tim Cook took Apple to new heights after he became the company CEO following the death of founder Steve Jobs in 2011. Under his leadership, Apple broadened its portfolio, releasing various new products like the Apple Watch and Apple HomePod that made the company – and Cook – a fortune.
Cook, who came out publicly as gay in 2014, per Economic Times, fights for diversity and inclusion within Apple and beyond by donating money to help fund gay rights initiatives.
7. Jennifer Pritzker, 73 – US$2.2 billion
Hotel heiress Jennifer Pritzker turned into a billionaire when she inherited a portion of the Hyatt hotel fortune. In 2013, Pritzker announced that she identifies as a woman for “all business and personal undertakings” in a statement to employees at Tawani Enterprises and the Pritzker Military Library, both of which she founded. This makes Pritzker the world’s first and only openly transgender billionaire.
6. Domenico Dolce, 65 – US$2.3 billion
Stefano Gabbana and Domenico Dolce met in 1980 and started dating in 1982, subsequently launching their Dolce & Gabbana luxury fashion brand in 1985. Over the years, the business duo branched out into fragrances, eyewear and accessories, fast becoming one of the most famous labels in the world.
In 2003, the pair announced they were ending their romantic relationship, but that they would continue their professional partnership.