The Barbey family ranks among the richest families in the United States of America. With interest in apparel, footwear, News media, and more, the family has a net worth of over $7 billion.
|Place of Origin:||N/A|
|Known for:||apparel, footwear|
|Most notable family members:||Peter Barbey, John Barbey (late)|
|Net Worth:||$7.3 Billion|
Barbey family history and wealth
In October 1899, John Barbey with some investors founded a company known as Reading Glove and Mitten Manufacturing Company, which would later be renamed VF Corporation many decades earlier. This company was the foundation of the family fortune that has served through ages.
John Barbey’s son, John Edward Barbey became the vice president of the company in 1939. He eventually take the company public in 1951. At which point the family lost control of the business operation.
As of 2021, a collection of the Barbey family members holds up to 20% of VF Corporation.
Barbey family net worth
Barbey family’s net worth is $7.3 Billion according to the 2020 Forbes rating. This conveniently makes the family one of the richest families in the country.