#2740
Bruce Nordstrom
United States 92 years old
Overview
- Source of Wealth
- Nordstrom department stores
- Industry
- Fashion & Retail
- Residence
- Education
- University of Washington (Bachelor of Arts/Science)
- Children
- 3
Assets
- Nordstrom Inc.24,236,000 shares @ --JWN-US
Biography
Bruce Nordstrom and his sister, Anne Gittinger, are the largest individual shareholders of fashion retailer Nordstrom Inc.
The department store chain was founded by their grandfather as a shoe store in 1901.
Nordstrom became president of the family company in 1963 and retired as chairman of the board in 2006.
During his tenure as chairman, revenues grew from $40 million to $8 billion.
Nordstrom Inc. now operates more than 300 stores across the US and Canada.
About
Bruce Nordstrom started working at age 9 in the stockroom and on the sales floor of a Nordstrom store.
His sons, Peter and Erik now serve as co-presidents of the clothing chain.