FILTHY (AND FASHIONABLY) RICH: It pays to be in fashion — quite literally. According to Forbes’ 29th annual The World’s Billionaires List, the fashion and retail industry is one of the most lucrative sectors, with Wal-Mart Stores Inc.’s Walton family leading the charge with a net worth of $41.7 billion. Forbes said fashion and retail rank fourth behind the sectors of investments, technology and food and beverage. Other retail executives on the U.S. list include Nike Inc. cofounder and chairman Phil Knight, with an estimated $21.5 billion worth, and Revlon owner and investor Ronald Perelman at $14.5 billion. Leonard Lauder, Leslie Wexner and Ralph Lauren followed with $9.1 billion, $7.7 billion and $7 billion, respectively. Under Armour chairman and chief executive officer Kevin Plank amassed $3.2 billion, and earned a nod from Forbes, which wrote: “Under Armour revenues increased 32 percent in the last year, and profits jumped 28 percent. Rather than spending hundreds of millions on endorsement deals with star athletes as Nike and Adidas do, Plank is shelling out for technology, buying three fitness apps for $710 million since December 2012.” Former chairman of Nordstrom, Bruce Nordstrom, made the list with $1.8 billion, as did Timothy Boyle, the ceo and president
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