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Levi Strauss was never married, and died on September 26, 1902 in San Francisco. His estate was worth about $30 million (equivalent to $855 million in 2023). [1] Levi's nephew Sigmund Stern's only child, Elise Fanny Stern, [19] married Walter A. Haas, the son of Abraham Haas, whose descendants are the current owners of Levi Strauss & Co. [20]
Levi Strauss & Co. (/ ˈ l iː v aɪ ˈ s t r aʊ s / LEE-vy STROWSS) is an American clothing company known worldwide for its Levi's (/ ˈ l iː v aɪ z / LEE-vyze) brand of denim jeans.It was founded in May 1853 [9] when German-Jewish immigrant Levi Strauss moved from Buttenheim, Bavaria, to San Francisco, California, to open a West Coast branch of his brothers' New York dry goods business.
Daniel is an heir to the Levi Strauss fortune as Peter is the great-grandnephew of Levi Strauss. [7] Lurie says he grew up "most of the time in [Haas's] house." [4] Brian was executive director of the Jewish Community Federation of San Francisco. [8] Daniel has two brothers, Ari [3] and Alexander, and one sister, Sonia.
Net worth Source (Notes) Walter J. Kohler Jr. Republican: Governor of Wisconsin (1951–1957) Candidate for U.S. Senator from Wisconsin (1957) $8.8 billion [24] Owner of Vollrath: Rick Caruso: Democratic: Candidate for Mayor of Los Angeles (2022) $5.3 billion [25] Owner-founder of Caruso: Ronald Lauder: Republican
Levi Strauss has a large brick-and-mortar presence, but its strength in direct-to-consumer (DTC) sales and e-commerce is noteworthy. DTC net revenues account for nearly half of its overall revenue.
In 2019, Haas owned nearly 17% of Levi Strauss & Co, making her a billionaire, following the February 2019 plan for the company to be publicly traded on the New York Stock Exchange. [7] [8] As of 2024, she owned 11%. [9] In 2021, Forbes estimated her net worth to be around $1.4 billion. [9]
In February 2007, the world's rarest baseball card sold at auction for $2.3 million. If you think that's totally wild, consider the world's rarest bible, which could net you $25 to $35 million.
Levi Strauss stock moved 8% higher in the week after it teased the brand partnership with the all-time leading Grammy winner on Sept. 23. But shares of Levi's dropped 7.6% in the trading session ...