Peter Nygard, a Canadian fashion mogul, amassed millions of dollars before developing a bad reputation as a predator due to his horrific deeds, such as s*x trafficking and r*pe, which ultimately assisted him in obtaining large sums of money.
Evil by Design: Exposing Peter Nygard, a new Starz documentary, chronicles his arrest in Winnipeg in December 2020 on suspicion of rape and unlawful imprisonment.
Beginning in the late 1980s and continuing for more than four decades, Nygard is charged with preying on women and young girls in the Bahamas, Canada, and the United States.
The number of people on the list of victims may be close to hundreds, according to reports. Nygard frequently used his riches and influence to silence women who tried to speak out.
The three-part documentary, which is scheduled to air on Starz on Friday, August 12, 2022, will expose the former CEO of the multibillion-dollar company and disgraced fashion magnate’s decades-long exploitation. Before the film Evil by Design: Revealing Peter Nygard was released, let’s examine Nygard’s life.
Value of Peter Nygard
The founder and chairman of the Canadian company Nygard International, which makes women’s apparel, is where Peter Nygard, a Canadian-Finnish fashion icon with a net worth of $900 million, acquired his fortune.
His estimated net worth in 2009 was $750 million, ranking him as the 70th-richest Canadian in the world, according to reports. His current estimated net worth is $900 million.
How did Nygard accumulate such wealth?
Before the company’s expansion into the US in 1978, Peter Nygard’s apparel line, Nygard, produced largely sports equipment. The business has its headquarters in Times Square in New York City, where it is now known as Nygard International.
Due to its success, the company has expanded to become a large global player in the women’s fashion industry, with $500 million in yearly sales. Twelve thousand people work for Nygard International worldwide, and the company has 200 retail locations in North America alone. Dillard’s, Walmart, Costco, and other outlets sell the brand’s products.
In addition to making significant financial contributions to the Canadian Breast Cancer Fund, Peter is an outspoken advocate for breast cancer research. In addition, he helped the Bahamas Amateur Boxing Federation team win the Olympics. According to reports, he has 10 kids, with eight different mothers.
In a civil class-action complaint brought by ten women in February 2020, Nygard was accused of rapes that allegedly took place at his Bahamas seaside home.
He was charged with running a sex trafficking network and recruiting young girls, some of them were under the age of 16. The rich has angrily refuted the accusations, alleging that his Bahamian neighbor, millionaire Louis Bacon, is behind them as part of a hate campaign. He added that they had been engaged in a protracted argument.
He would fly women in from all around the world to attend his lavish festivities. A New York Times investigation revealed that he traveled with women who identified themselves as his “paid girlfriends.” Additionally, it was discovered that Nygard’s employees possessed a list of over 700 women who could accept last-minute invitations to events.
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