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Richard Saghian, the fashion billionaire, invests $300 million outside fashion sector
September 1st, 2024 - 08:03 GMT
Reema Tuqan

Reema Tuqan

Richard Saghian, the fashion billionaire, invests $300 million outside fashion sector

ALBAWABA - Richard Saghian, the American fashion billionaire, founder, and CEO of fast fashion company Fashion Nova, invested almost $300 million outside the fashion sector, primarily in real estate. Richard Saghian invests in real estate The 43-year-old billionaire recently paid $118 million in cash for a new 175,000-square-foot headquarters for the trendy online fashion retailer, Nova. The new headquarters is set to provide high-end services for the company's employees, featuring ...
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