Among LGBTQ individuals, there are about a dozen known billionaires, according to Forbes . [1] As of 2025, [update] entrepreneur and venture capitalist Peter Thiel and Italian fashion designer Giorgio Armani are the wealthiest openly people who identify as either gay, lesbian, bisexual, transgender or transsexual. [2] [3]
In 1992, record executive, film producer, and media titan David Geffen came out, and is recognized as the first openly gay billionaire in the world. [4]
In 1999, Dolce and Gabbana co-founders and billionaires Domenico Dolce and Stefano Gabbana announced in an interview that they were a gay couple. [5]
In 2000, Jon Stryker, a grandson of Homer Stryker, who founded Stryker Corporation, a medical technologies company, announced that he was gay around the same time as the launch of his Arcus Foundation, one of the largest funders of LGBT charitable organizations. [6]
On August 16, 2013, Jennifer Pritzker made headlines by announcing that she identifies herself as a woman for all business and personal undertakings. This announcement made Pritzker the world's first openly transgender billionaire. [7]
In 2014, Apple CEO and billionaire Tim Cook became the first openly gay chief executive of a Fortune 500 company. [8]
In October 2015, Norway's second richest billionaire Stein Erik Hagen came out as bisexual on the Norwegian talk show Skavlan. [9]
At the 2016 Republican National Convention, billionaire tech investor Peter Thiel announced that he was, "Proud to be Gay". [10]
For most of his career, Giorgio Armani was known for being private about his personal affairs. In 2024, he talked openly about his sexuality and his male and female partners. [11]
In 2024, Forbes estimated that United Therapeutics founder Martine Rothblatt, who is transgender, has a net worth greater than one billion dollars due to the appreciation of her company's stock. [12]
Name | Net worth US$ (billions) | LGBTQ identity | Citizenship | Ref. |
---|---|---|---|---|
Peter Thiel | 16.3 | Gay man |
| [2] [13] |
Giorgio Armani | 11.8 | Bisexual man | Italy | [3] [14] [1] |
David Geffen | 8.7 | Gay man | United States | [13] [15] |
Jon Stryker | 5.6 | Gay man | United States | [13] [16] |
Barry Diller | 4.7 | Bisexual man | United States | [17] [18] |
Tim Cook | 2.5 | Gay man | United States | [13] [19] |
Stein Erik Hagen | 2.5 | Bisexual man | Norway | |
Jennifer Pritzker | 2.5 | Trans woman | United States | [13] [1] |
Domenico Dolce | 2.4 | Gay man | Italy | [13] [1] |
Stefano Gabbana | 2.4 | Gay man | Italy | [13] [1] |
Tom Ford | 2.2 | Gay man |
| [22] |
Sam Altman | 1.5 | Gay man | United States | [1] [23] [24] |
Martine Rothblatt | 1.1 | Trans woman | United States | [1] [12] |