Barry K. Schwartz
Born (1942-05-25) May 25, 1942[1]
New York City, U.S.
Occupation(s)Businessman
Racehorse owner
Known forCo-founder & chairman, Calvin Klein Inc.
Board member ofNew York Racing Association
Philatelic Foundation
SpouseSheryl Schwartz
Children2
AwardsAlfred G. Vanderbilt Award (2001)

Barry K. Schwartz (born May 25, 1942)[1] is an American businessman, co-founder of Calvin Klein Inc., thoroughbred racehorse owner, and a former horse racing industry executive.

Biography

Schwartz's father, a grocer, was murdered when Barry was twenty-one years old.[2] Schwartz grew up in a one-bedroom apartment in The Bronx.[2] He is of Jewish descent.[3][4] In 1968 he borrowed $10,000 to partner with childhood friend and fashion designer Calvin Klein to establish the clothing manufacturer, Calvin Klein Inc.[2] He became the business' CEO.[2] The two built the business into a multibillion-dollar operation and one of the most successful and recognizable brands in the industry.

Thoroughbred racing

A member of The Jockey Club, Barry Schwartz has been an active owner in Thoroughbred horse racing since 1978 and has raced a number of horses. In 2001, the New York Turf Writers' Association voted him that year's Alfred G. Vanderbilt Award as The Person Who Did the Most For Racing. He served as Chairman of the New York Racing Association from 2000 to 2004. Since 1979 he has owned Stonewall Farm, a 750-acre (3.0 km2) horse farm in Granite Springs, a hamlet in the Town of Somers, New York. One source says it is “roughly 740 acres” and is one of the largest privately owned properties in Westchester,[5] second in size in to the Rockefellers.[6] The estate was put on the market in March 2020 with an asking price of $100 million. In 1979, for $3.25 million, they “bought the largest swath of Stonewall, a 673-acre parcel.”[5]

Among Schwartz's hobbies, he is a stamp collector and is a member of the Board of Trustees of the Philatelic Foundation in New York City.

Personal life

Besides Stonewall Farm, Schwartz and his wife, Sheryl, own a home in Santa Barbara, California.[7][5] The couple met in 1967 on a blind date at Roosevelt Raceway.[5] They have two children, Stephanie Schwartz Ferdman and Jonathan Schwartz.[1][8]

References

  1. 1 2 3 "Barry K. Schwartz entry". National Thoroughbred Racing Association. Archived from the original on October 11, 2007.
  2. 1 2 3 4 Nussenbaum, Evelyn (October 10, 1999). "Calvin's Invisible Man: Schwartz Runs The Company While Klein Makes The News". New York Post.
  3. ↑ Finley, Bill (October 13, 2010). "Schwartz, NYRA's new designer CEO". ESPN. The Jewish son of a Harlem grocer, a dropout in college, where he majored in "three-cushion billiards" and a devoted horseplayer
  4. ↑ Fischel, Jack R.; Ortmann, Suan M. (2008). Encyclopedia of Jewish American Popular Culture. Greenwood Publishing Group. ISBN 978-0-313-33989-9.
  5. 1 2 3 4 Clarke, Katherine (March 12, 2020). "Calvin Klein Co-Founder's Westchester Equestrian Estate Asks $100 Million". The Wall Street Journal. Retrieved April 22, 2021.
  6. ↑ Wadler, Joyce (April 21, 1999). "PUBLIC LIVES; Calvin Klein's Partner Defines a Long Shot". The New York Times. Retrieved April 22, 2021.
  7. ↑ Rus, Mayer (December 7, 2019). "Barry and Sheryl Schwartz's Great Escape in Santa Barbara". Architectural Digest. Retrieved April 22, 2021.
  8. ↑ "WEDDINGS; Ms. Schwartz, Mr. Ferdman". The New York Times. November 9, 1997.


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