He's an American fashion designer, philanthropist, and business executive.
He's best known for the Ralph Lauren Corporation clothing company, a global multibillion-dollar enterprise.
As of January 2015, Forbes estimates his wealth at $8 billion.
He's Ralph Lauren and here are his Top 10 Rules for Success.
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He attended day school followed by MTA, before eventually graduating from DeWitt Clinton High School in 1957.
2. Trust your instincts
He has said he had had heroes such as John F. Kennedy and James Stewart, hoping to acquire a "movie star" type of personality.
3. Do it because you feel it
In MTA he was known by his classmates for selling ties to his fellow students.
4. Aspire to do better
He went to Baruch College where he studied business, although he dropped out after two years.
5. Follow your dream
From 1962 to 1964 he served in the United States Army and left to work briefly for Brooks Brothers as a sales assistant.
6. Be consistent
He left to establish his own company working out of a drawer in the Empire State Building, taking rags and turning them into ties.
7. Be yourself
He sold the ties to small shops in New York, with a major turning point when he was approached by Neiman Marcus, who bought 1,200.
8. Learn from tough times
He released Polo's famous short sleeve pique shirt with the Polo logo in 1972 and unveiled his first Ralph Lauren collection for women.
9. Don't lose hope
He also gained recognition for his design after he was contracted to provide clothing styles for the movie The Great Gatsby.
10. Give Back
He's well known as a collector of automobiles, some of which are extremely rare.
Do Ralph Lauren or another famous fashion designer
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