Peter Nygard, a Canadian fashion magnate, made millions before gaining a reputation as a predator for his heinous actions, including sex trafficking and sexual assault, which ultimately helped him make his big bucks. A new Starz documentary, Evil by Design: Exposing Peter Nygard, follows his December 2020 arrest in Winnipeg on charges of abuse and forcible confinement.
Nygard is accused of preying on women and young girls across the United States, Canada and the Bahamas for more than four decades, beginning in the late 1980s. According to reports, the number of people on the list of victims could approach the hundreds. Nygard routinely silenced women who wanted to speak out, using his wealth and power. The three-part documentary, which premieres on Starz on Friday, August 12, 2022, will reveal the disgraced fashion mogul and former CEO of a multi-billionaire corporation for decades of exploitation. Let’s take a look at Nygard’s life before the release of the documentary Evil by Design: Exposing Peter Nygard.
Peter Nygard Net Worth
Peter Nygard, a Canadian-Finnish fashion legend worth $900 million, built his fortune as the founder and CEO of Canadian women’s clothing company Nygard International. According to sources, his net worth in 2009 was believed to be $750 million, making him the 70th richest Canadian in the world. His net worth is now estimated at $900 million as of August 2023.
How did Nygard raise so much money?
Peter Nygard founded his own clothing brand, Nygard, in 1967, primarily making sports equipment until the company expanded into the United States in 1978. The company, now known as Nygard International, is headquartered in New York’s bustling Times Square. As a result of its success, the company has grown to become a significant global player in the women’s fashion sector, with annual sales of $500 million. Nygard International employs twelve thousand people worldwide, and the company has two hundred retail stores in North America alone, with retailers such as Dillard’s, Walmart, Costco and others carrying the brand’s merchandise.
Peter is a vocal supporter of breast cancer research, with major financial donations to the Canadian Breast Cancer Foundation. He also assisted the Bahamas Amateur Boxing Association team and was part of their Olympic victory. He is said to have had 10 children by eight different mothers.
A discussion of the current situation and the charges facing Peter Nygard
Ten women filed a joint civil lawsuit against Nygard in February 2020, accusing him of assaults that allegedly took place at his oceanfront home in the Bahamas. He was accused of running a sex-trafficking ring and enlisting minors, some of whom were under 16, in his recruitment efforts. The tycoon vehemently denied the allegations, claiming they were the result of a hate campaign sponsored and orchestrated by his Bahamian neighbor, millionaire Louis Bacon. He also claimed that they had been in a long-standing quarrel.
This guy from Nygard is what nightmares are made of. It looks like something straight out of a horror movie! He had to be Trump’s friend 😵💫😳 #Dateline #PeterNygard pic.twitter.com/Z3jvZLmdam
— Aquarius Solrac (@Carlos214Carlos) December 11, 2021
He would bring women from all over the world to join his lavish events. According to a New York Times investigation, he was joined on the trip by women who called themselves his “paid girlfriends.” It was also revealed that Nygard’s workers had a list of over 700 ladies available for last-minute invitations to events.
Categories: Entertaintment
Source: HIS Education