Peter Nygard net worth: How the fashion tycoon makes his million


Peter Nygard was found guilty of sexual assault after a six-week trial on Nov 12.

Prosecutors said Nygard used his status to assault five women from the late 1980s to 2005.

He was handed a charge of forcible confinement following a trial in Toronto.

He will return to court on November 21 for sentencing.

The businessman founded a fashion company in Winnipeg in 1967 that became Nygard International. 

In February 2020, he stepped down as chairman of his firm.

He has been jailed since his arrest in December the same year.

Amid his legal troubles, his fashion empire declined, with unclear details regarding his clothing line.

The 82-year-old fashion mogul has a net worth of $950M as of 2023.

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