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Paul Van Doren Net Worth: How Rich was the Vans Shoes Co-Founder?

Paul Van Doren Net Worth
Paul Van Doren Net Worth

Paul Van Doren was a businessman and entrepreneur from the United States. He is best known for being a co-founder of the iconic shoe brand Vans. As of 2021, Paul Van Doren’s net worth is estimated to be around $50 to $100 million.

Full NamePaul Van Doren
Date of BirthJune 12, 1930
Born PlaceBoston, Massachusetts
WifeMarried
ProfessionBusinessman
Net Worth$50 to $100 million.

 

Paul Van Doren’s Childhood

Paul Van Doren was born in Boston, Massachusetts on June 12, 1930, to parents Johnson and Rena Van Doren. Paul’s father invented things, and his mother was a seamstress. He also had a brother named James Van Doren, who was one of the Vans company’s co-founders. From 1976 to 1984, he was the company’s president. He passed away at the age of 72.

Paul dropped out of school when he was 14 years old, in the eighth grade. He was fascinated by horses from a young age and visited racetracks on a daily basis.

Paul Van Doren Net Worth, Salary and Career

Paul, his brother James, and two friends founded the well-known skateboarding brand. The factory at 704 East Broadway in Anaheim took nearly a year to build. Vans opened its first store in 1966. The famous shoes were purchased by 12 customers on the first day.

Vans had approximately 70 stores in California by the end of the 1970s. Skateboarders, surfers, and snowboarders wear their shoes as part of their casual attire. After ten years, their retail stores grew to produce basketball and breakdancing shoes.

Paul was the company’s sole owner until 1976, when his brother James took over. Paul and Gordon C. Lee sold the Vans company to the banking firm McCown De Leeuw & Co. in 1988 for approximately $75 million USD. Vans, Inc. was renamed in 1991 and went public on the NASDAQ at a price of $14 USD per share.

Paul Van Doren Net Worth in Supreme and the North Face

Paul Van Doren currently owns the company, which also owns the skateboarding brand Supreme and The North Face. Vans now has over 300 stores worldwide and is sold in 97 countries.

Van Doren’s autobiography, “Authentic: A Memoir by the Founder of Vans,” was released on Amazon just two weeks ago. The biography discusses his life, the company’s growth, and how the company managed to stand out in the face of fierce competition at the time.

Paul was a father of five children: Paul Jr., Steve, Cheryl, Taffy, and Janie. Steve was once Vans’ vice president of events and promotions, and Cherly was its vice president of human resources for a time.

Van Doren died on May 6, 2021, at the age of 90. The cause of his death is still unknown.

Paul Van Doren’s net worth

Paul Van Doren’s personal wealth is not available at the moment and is under review. However, it is estimated to be in the range of $50 to $100 million.

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