Bruce Nordstrom

About Bruce Nordstrom

Birth Day: October 01, 1933
Birth Place: Seattle, Washington, United States
Birth Sign: Scorpio
Residence: Seattle, Washington, U.S.
Alma mater: University of Washington
Occupation: Former chairman and CEO, Nordstrom
Known for: Owner of over 10% of Nordstrom
Spouse(s): Jeannie Nordstrom
Children: Blake, Erik and Peter Nordstrom
Parent(s): Everett Nordstrom
Relatives: John W. Nordstrom (grandfather) Anne Gittinger (sister)

Bruce Nordstrom


Fashion & Retail

Bruce Nordstrom is a member of Fashion & Retail born on October 01, 1933 in Seattle, Washington, United States. At age 85 Bruce Nordstrom net worth is approximately $1.34 Billion. Bruce Nordstrom and his sister, Anne Gittinger, are the largest individual shareholders of fashion retailer Nordstrom Inc.

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💰 Net worth: $1.34 Billion

2012 $1.2 Billion
2013 $1.3 Billion
2014 $1.55 Billion
2015 $1.8 Billion
2016 $1.2 Billion
2017 $1.2 Billion
2018 $1.34 Billion

Biography/Timeline

1901

He is the grandson of John W. Nordstrom, founder of Nordstrom, Inc., which began as a shoe store in 1901. At the age of 9, Bruce Nordstrom began his career at the retailer working the stockroom and sales floor of Nordstrom’s downtown Seattle store, making 25 cents an hour. Bruce continued working under his Father, Everett Nordstrom and uncles, Elmer and Lloyd Nordstrom, until he pursued college.

1955

He graduated from the University of Washington in 1955 with a bachelor's degree in economics. While at Washington, Nordstrom became a member of the Beta Theta Pi Fraternity.

1963

In 1963, Nordstrom was named a President of Nordstrom, Inc. He became board co-chair in 1968 alongside cousins James and John, cousin in-law Jack McMillan, and family friend, Bob Bender. They made up the third generation of Nordstroms, who led company expansion and profitability until the 1990s, when they began to retire.

1994

As an alumnus of the University of Washington, Nordstrom has stayed active in athletics and community affairs. He is the former chairman of the Tyee Board of Advisors and was a recipient of the Frank Orrico Award for "uncommon dedication" to the Department of Athletics in 1994.

1995

In 1995, Nordstrom retired as co-chairman. The company leadership was restructured with Nordstrom’s sons – Blake, Pete and Erik in leadership roles alongside a new CEO, John Whitacre. From 1995 until 2000, Nordstrom sales decreased and the company executed a marketing campaign to modernize the brand that was not well received. As a result, Whitacre left the company in 2000. Nordstrom returned as chairman for the second time, joined by his three sons in a new generation of leadership. The stores began to slowly turn around as the Nordstroms moved the focus back to employees. Profitability followed; in 2003, the company reached record revenues of $6.5 billion.

2006

Nordstrom retired a second time in 2006, with Enrique "Rick" Hernandez Jr., a Nordstrom board member since 1997, taking on the role of chairman. His sons remain board members and company Leaders.

2007

In 2007, Nordstrom co-authored Leave It Better Than You Found It, a book documenting the history of Nordstrom Inc. and its philosophy.

2013

He married his wife, Jeannie and has three sons – Blake, Erik and Peter – all of whom are in leadership positions at Nordstrom.

2015

As of October 2015, he had a net worth of US$1.54 billion.

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