Bruce Nordstrom
Birthname Bruce A. Nordstrom Birthdate October 1, 1933 Birthplace United States of America Education University of Washington Profession Businessman Net worth $1,240,000,000 Source of Wealth Retail Nationality United States Country United States Marital Status Married (Jeannie Nordstrom) Children 3 (Blake, Erik, Peter)American businessman Bruce Nordstrom has an estimated net worth of $1.24 billion as of May 2016 in step with Forbes.
Bruce Nordstrom was once born on October 1, 1933. He is an alumnus of the University of Washington the place he graduated with some extent in economics in 1955. He is lately married to his spouse Jeannie with whom he has 3 sons named Peter, Erik and Blake.
Nordstrom is understood to be the grandson of Nordstrom, Inc founder, John W. Nordstrom. The corporate started in 1901 as a shoe store. He started working for the corporate at age Nine and that time, he was earning 25 cents in step with hour of work.
In over four decades, the company which started with best seven shoe stores evolved into a European chain of boutiques and 156 shops found in 27 states. Under his leadership, the company's worth significantly grew from $40 million to a staggering $8.6 billion.
In 1963, he set to work as the corporate's president. By 1968, he was the co-chairman along side Bob Bender, Jack McMillan, James and John. He retired from his submit in 1995. The leadership of the corporate used to be restructured by means of his sons along side the new chief govt officer John Whitacre. During his absence, the company earned significant losses which prompted Bruce to resume his post in 2000. Upon his go back, profitability began to occur. Six years later, he tendered his resignation once more.
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