Jennifer Hyman

Date of Birth: August 24, 1980

Zodiac Sign: Virgo

Biography

Jennifer Hyman is an influential American businesswoman and entrepreneur, best known as the co-founder and CEO of Rent the Runway, a company that has revolutionized the fashion industry by offering clothing rentals. Born and raised in New Rochelle, New York, Hyman pursued her undergraduate studies at Harvard University, where she earned a Bachelor of Arts in Social Studies. She later attended Harvard Business School, where she earned her MBA. In 2009, Hyman co-founded Rent the Runway with her Harvard classmate Jennifer Fleiss. The idea for the company came when Hyman’s sister was preparing for a wedding and found it difficult to afford a designer dress. This inspired Hyman to create a business that would allow women to rent high-end fashion at a fraction of the purchase price. Under her leadership, Rent the Runway has grown into a major player in the fashion and technology sectors, offering a subscription service and expanding to include everyday wear, accessories, and even home decor. Hyman has been recognized as a visionary leader, making numerous appearances on Forbes’ lists of powerful women and receiving accolades for her innovative approach to business. She is also an advocate for gender equality in the workplace, actively working to create a more inclusive and diverse corporate culture.

5 Interesting Facts about Jennifer Hyman

1. Jennifer Hyman was named one of Time Magazine’s 100 Most Influential People in 2019.

2. She has raised over $525 million in venture capital funding for Rent the Runway.

3. Hyman was a keynote speaker at the 2018 Women in the World Summit.

4. She serves on the Board of Directors for The Estée Lauder Companies.

5. Jennifer Hyman has been a vocal advocate for paid family leave and gender equality in the workplace.

5 Most Interesting Quotes from Jennifer Hyman

1. “I believe that success is not just about what you accomplish in your life, but what you inspire others to do.”

2. “The future of fashion is all about accessibility and sustainability.”

3. “Building a company is a marathon, not a sprint. Patience and persistence are key.”

4. “Our mission has always been to empower women to feel confident every day.”

5. “True innovation comes from challenging the status quo and daring to be different.”

Highest Net Worth Achieved

At her peak, Jennifer Hyman’s net worth was estimated to be $300 million.

Children

Jennifer Hyman is a mother of two children. She has often spoken about balancing her demanding career with motherhood and has used her platform to advocate for better maternity leave policies and more supportive workplaces for parents.