Peter Nygård is a Finnish-Canadian fashion director who is prominent for founding Nygåred International Fashion company. He has been in the fashion industry for many decades and has built a successful career in the business.
Peter Nygård Biography
Born as Pekka Juhani Nygård, Peter Nygård is a well-known fashion icon who established Nygård International in 1967, a Winnipeg-based company that produces women’s clothing. The company has become one of the largest privately held clothing companies in North America with over 170 stores worldwide.
He graduated from the University of North Dakota with a business degree in 1964. From his fashion business, he became a successful fashion mogul and billionaire.
Nygård has faced many legal issues and controversies related to his business and personal life, including allegations of s#xual misconduct and other legal disputes.
In February 2020, The New York Times published an exposè alleging that Nygård had s#xually assaulted and trafficked dozens of women over a period of decades. The allegations included claims that Nygård had used his wealth and power to lure young women into his inner circle, where he would groom and then assault them.
Nygård has denied all allegations levelled at him. He was arrested in December 2020 and has been held in custody ever since.
Peter Nygård’s Age, Birthday Zodiac sign
He was born on the 24th of July, 1941 in Helsinki, Finland under the zodiac sign, Leo. He is currently 82 years old. His parents immigrated to Deloraine, Manitoba, Canada in 1952, when Nygård was eleven years old.
What is Peter Nygård famous for?
Peter is famous for being a Finnish-Canadian former fashion executive and the founder of Nygård International, a Winnipeg-based company that made women’s clothings. He was a successful mogul and billionaire, but he is now known for his legal troubles.
In 2020, Nygård was accused of long-term s#x trafficking, r#pe and racketeering after the Federal Bureau of Investigation(FBI) invaded his offices in New York City. He was initially charged and arrested on s#x trafficking and racketeering charges, including allegations of s#x trafficking involving minors.
His case gained wide publicity and he has become a symbol of the #MeToo movement, a social movement against s#xual abuse and s#xual harrassment founded by Tarana Burke, a social activist from Bronx, New York in 2006. His trial is expected to be closely watched by the public and the media.
In September 26, 2023, he faced trial from Toronto where five women had asserted that the famous designer had s#xually assaulted them. One said, he threw $100 at her after raping her, another said, she was r#ped when she was 16 years old after he commanded to see her v#gina in front of a group. Another also said, Nygård gathered his guests to watch him attempt to r#pe her and several others testified.
Is Peter Nygård married?
Peter Nygård married Karine Vanasse in 2007 but they divorced in 2012. Their marriage lasted for only five years and they had no children together. After his divorce, Nygård has been linked to different women but he has not remarried. He has ten children with eight women. His oldest daughter, Bianca Nygård is married and has children.
Peter Nygård’s children
The business mogul has had ten children with eight women. They are, Bianca Nygård, Kai Zen Bickle, Jessar Nygård, Scarlet Nygård, Mika Nygård, Åliå Nygård, Xar Nygård, Trey Nygård and Angelika Szczepaniak. The other child seems to be private hence his identity isn’t known for now.
Peter Nygård’s Net Worth
The fashion icon is estimated to Worth an approximate sum of $900 million. He accumulated his fortune through his fashion company, Nygård International.
Nygård was a renowned philanthropist and had donated millions of dollars to the Canadian Breast Cancer Foundation and the Amateur Boxing Federation’s Bahamas team.
His net worth has declined in recent years due to his legal troubles. In 2020, his company filed for bankruptcy.