{"id":49636,"date":"2024-03-01T23:33:02","date_gmt":"2024-03-01T23:33:02","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=49636"},"modified":"2024-03-01T23:33:02","modified_gmt":"2024-03-01T23:33:02","slug":"george-zimmer-net-worth","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/","title":{"rendered":"George Zimmer Net Worth"},"content":{"rendered":"<table>\n<tr>\n<th>Net Worth<\/th>\n<th>Salary<\/th>\n<th>Birthdate<\/th>\n<th>Birthplace<\/th>\n<th>Gender<\/th>\n<th>Height<\/th>\n<th>Profession<\/th>\n<th>Nationality<\/th>\n<\/tr>\n<tr>\n<td>$200 million<\/td>\n<td>$450,000 (base salary)<\/td>\n<td>November 21, 1948<\/td>\n<td>New York City<\/td>\n<td>Male<\/td>\n<td>N\/A<\/td>\n<td>Businessman<\/td>\n<td>American<\/td>\n<\/tr>\n<\/table>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/#What_is_George_Zimmers_Net_Worth\" title=\"What is George Zimmer&#8217;s Net Worth?\">What is George Zimmer&#8217;s Net Worth?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/#Highlights\" title=\"Highlights\">Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/#Early_Life\" title=\"Early Life\">Early Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/#Career\" title=\"Career\">Career<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/#Personal_Life\" title=\"Personal Life\">Personal Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/#Net_Worth_Over_Time\" title=\"Net Worth Over Time\">Net Worth Over Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/#Components_of_Net_Worth\" title=\"Components of Net Worth\">Components of Net Worth<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_is_George_Zimmers_Net_Worth\"><\/span>What is George Zimmer&#8217;s Net Worth?<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>George Zimmer has a net worth of $200 million. He accumulated his wealth through his successful career as the co-founder and former CEO of the clothing retailer Men&#8217;s Wearhouse. Additionally, he launched the on-demand personal tailoring network zTailors and the online suit rental company Generation Tux, where he currently serves as chairman and CEO.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Highlights\"><\/span>Highlights<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#8211; George Zimmer has a net worth of $200 million.<br \/>\n&#8211; He co-founded and served as the CEO of Men&#8217;s Wearhouse.<br \/>\n&#8211; Zimmer launched zTailors and Generation Tux after leaving Men&#8217;s Wearhouse.<br \/>\n&#8211; He is well-known for his appearances in Men&#8217;s Wearhouse television commercials.<br \/>\n&#8211; Zimmer supports drug advocacy and has made donations towards research and the legalization of marijuana.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Early_Life\"><\/span>Early Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>George Zimmer was born on November 21, 1948, in New York City to a Jewish family. He attended primary school in Scarsdale, New York, and later enrolled at Washington University in St. Louis. In 1970, Zimmer graduated from WashU with a degree in economics.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Career\"><\/span>Career<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>After his college graduation, Zimmer initially worked as a substitute teacher before joining his father&#8217;s clothing manufacturing business, Royalad Apparel. In the 1970s, he gained experience as a purchasing agent and salesman in Dallas and Hong Kong.<\/p>\n<p>In 1973, Zimmer and his father co-founded Men&#8217;s Wearhouse in Houston, Texas. He played a crucial role in expanding the company, which went public in 1992 with approximately 100 stores. Zimmer&#8217;s memorable appearances in Men&#8217;s Wearhouse television commercials, where he guaranteed customers would like the way they looked, contributed to the company&#8217;s success.<\/p>\n<p>Throughout his tenure, Zimmer acquired various competitors, such as Kuppenheimer, Moores, and After Hours Formalwear, turning Men&#8217;s Wearhouse into an industry consolidator. In 2011, he stepped down as CEO but continued to serve as the company&#8217;s spokesperson.<\/p>\n<p>Unfortunately, in mid-2013, Zimmer was fired from Men&#8217;s Wearhouse for undisclosed reasons. He openly expressed concerns about the company&#8217;s direction to the board, which led to his termination.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Personal_Life\"><\/span>Personal Life<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>George Zimmer is married to Lorri, and they have four children together. The family resides in Northern California and Hawaii. Over the years, they have owned multiple impressive properties, including a $6 million home in Lafayette, California, which they sold in 2022, and a $5.8 million home in Piedmont, California, purchased in 2021.<\/p>\n<p>Additionally, the Zimmers purchased two oceanfront lots comprising 7.5 acres on Hawaii&#8217;s Big Island in the 1990s. They built a luxurious mansion with seven bedrooms and nine bathrooms, which they listed for $35 million in 2015. Ultimately, they sold the estate for $18 million in 2018 and bought another property along the coast.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Net_Worth_Over_Time\"><\/span>Net Worth Over Time<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>George Zimmer&#8217;s net worth has fluctuated over the years, primarily influenced by his involvement with Men&#8217;s Wearhouse and his subsequent ventures. As of now, his net worth stands at $200 million.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Components_of_Net_Worth\"><\/span>Components of Net Worth<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Zimmer&#8217;s net worth consists of various components, including:<\/p>\n<p>1. Men&#8217;s Wearhouse Stock Holdings: During his tenure as CEO, Zimmer owned a significant number of shares in Men&#8217;s Wearhouse. He sold a considerable portion of these shares, contributing to his wealth.<\/p>\n<p>2. Earnings from Men&#8217;s Wearhouse: In addition to his stock holdings, Zimmer earned a base salary of $450,000 as CEO, along with bonuses and other benefits.<\/p>\n<p>3. zTailors: Zimmer launched zTailors, an on-demand personal tailoring service, in 2015. As the chairman and CEO of the company, he likely receives compensation and benefits.<\/p>\n<p>4. Generation Tux: Zimmer also founded Generation Tux, an online suit rental company, and serves as its chairman and CEO. His involvement with the company contributes to his overall net worth.<\/p>\n<p>Overall, George Zimmer&#8217;s net worth is the result of his successful career in the retail industry, his entrepreneurial ventures, and his strategic investments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality $200 million $450,000 (base salary) November 21, 1948 New York City Male N\/A Businessman American What is George Zimmer&#8217;s Net Worth? George Zimmer has a net worth of $200 million. He accumulated his wealth through his successful career as the co-founder and former CEO of the &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"George Zimmer Net Worth\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/#more-49636\">Read more<span class=\"screen-reader-text\">George Zimmer Net Worth<\/span><\/a><\/p>\n","protected":false},"author":5,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86278],"tags":[],"class_list":["post-49636","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-worth","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>George Zimmer Net Worth<\/title>\n<meta name=\"description\" content=\"Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality $200 million $450,000 (base salary) November 21, 1948 New York City Male N\/A\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"George Zimmer Net Worth\" \/>\n<meta property=\"og:description\" content=\"Net Worth Salary Birthdate Birthplace Gender Height Profession Nationality $200 million $450,000 (base salary) November 21, 1948 New York City Male N\/A\" \/>\n<meta property=\"og:url\" content=\"https:\/\/namso-gen.co\/blog\/george-zimmer-net-worth\/\" \/>\n<meta property=\"og:site_name\" content=\"Namso Gen Blog - 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