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The fabulous life of legendary fashion billionaire Ralph Lauren

Dennis GreenSep 23, 2016, 23:53 IST

AP/Jason DeCrow

Ralph Lauren is a name synonymous with American fashion. And yet, the story of how he built one of the largest fashion companies in the world from nothing isn't quite so well-known.

Lauren's net worth is now estimated to be nearly $6 billion, according to Forbes.

Here's how he amassed that wealth, and what he uses it for.