Leon Gorman
CEOs

Leon Gorman Net Worth

Bean, Leon Leonwood Bean. He served as the company's president and chairman for over 40 years, and was credited with transforming the company into a multi-million dollar business. Leon Gorman was an incredibly successful American businessman who had a net worth of $860 million dollars at the time of his death in 2015. He was born in Nashua, New Hampshire and was the grandson of the founder of L.L. Bean, Leon Leonwood Bean. Gorman served as the company's president and chairman for over 40 years, and was responsible for transforming the company into a multi-million dollar business. He was the richest person in Maine during his lifetime.
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Age, Biography and Wiki

Birth Day December 20, 1934
Age 89 YEARS OLD
Birth Sign Sagittarius
Net Worth: $860 Million
Gender: Male

💰 Net worth: $860 Million (2024)

Leon Gorman net worth: Leon Gorman was an American businessman who had a net worth of $860 million dollars at the time of his death in 2015. During his lifetime, he was the richest person in Main. Born in Nashua, New Hampshire, Leon Gorman was the grandson of the founder of L.L. Bean. After graduating from Bowdoin College in Maine, Leon Gorman began working at Filene's in Boston. He then spent three years in the U.S. Naval Reserve, before returning to work for L.L. Bean. He served as L.L. Bean's Vice President and Treasurer initially, and then took over the company after his grandfather passed away. The business was failing, and he restructured the company and its product line. His changes were very successful, and L.L. Bean has enjoyed almost continual growth since then.

The store is now one of Maine's most popular tourist attractions, as well. In 2001, he stepped down as President and CEO of L.L. Bean, but was still Chairman of the Board until his death. He was also heavily involved in philanthropic work, with the majority of his donations going to public education initiatives. Leon Gorman died on September 3, 2015 at the age of 80. To honor his life, L.L. Bean's flagship store closed for the first time since 1967.

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About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.