Billionaire Profile
Doris Fisher
Global Rank
#2344

Image: Public domain | via Wikimedia Commons

Doris Fisher

CEO, Gap Inc.
US
Real-Time Net Worth
$1.6B
As of December 2025
Age
94
Source
Gap
Industry
fashion-retail
Citizenship
US

Biography

Doris Fisher (born August 23, 1931) is an American billionaire businesswoman and philanthropist. Along with her late husband, Donald Fisher, she co-founded the Gap in 1969, revolutionizing the retail industry. Serving as the company's merchandiser until 2003 and as an honorary lifetime director, Fisher played a pivotal role in Gap's global expansion. Her net worth is estimated at $1.6 billion, primarily from her Gap holdings. Beyond business, Fisher is known for her philanthropy, particularly her significant contributions to the KIPP Foundation, which supports charter schools. Her commitment to education and the arts has made her a prominent figure in both the business and philanthropic worlds.

Wealth Over Time

In-Depth Profile

Early Life

Doris Lee Feigenbaum was born on August 23, 1931, in San Francisco, California. Her father, B. Joseph Feigenbaum, was a Harvard-educated attorney and California state legislator, and her mother, Dorothy Bamberger Feigenbaum, was a New York native. Doris grew up in a Jewish-American family.

Rise to Success

Doris Fisher co-founded Gap Inc. in 1969 with her husband, Donald Fisher. The initial store, motivated by a personal need for better-fitting jeans, opened in San Francisco, selling Levi's and records. Doris handled merchandising duties from the company's inception until 2003 and served on the board until 2009, contributing to Gap's expansion into a global empire with brands like Old Navy and Banana Republic. She was instrumental in developing Gap's style and brand identity, and she served as the company's merchandiser until 2003. In 2003, she was inducted into the National Retail Federation's Hall of Fame.

Key Business Strategies

Doris Fisher played a key role in developing Gap's signature style and brand identity. From the beginning, the business focused on accessible and quality denim. Fisher served as the company's merchandiser until 2003, and her strategic decisions helped guide the company through many years of success and growth.

Philanthropy

Doris Fisher co-founded the KIPP Foundation in 2000 with her husband, with an initial investment of $15 million. The foundation supports the Knowledge Is Power Program (KIPP) charter schools. The Fishers also established the Gap Foundation in 1977 to aid employee and community initiatives. They have donated more than $70 million to KIPP over the years. Additionally, she has donated to Teach For America. The Fishers have also supported the arts by amassing a $1 billion art collection. She has loaned this collection to the San Francisco Museum of Modern Art.

Career Milestones

1969

Co-founded Gap Inc.

Co-founded the first Gap store with her husband, Donald Fisher, in San Francisco.

1977

Established Gap Foundation

Co-founded the Gap Foundation to support employee and community initiatives.

2000

Co-founded KIPP Foundation

Co-founded the KIPP Foundation with her husband, Donald Fisher, to support charter schools.

2003

Inducted into the National Retail Federation's Hall of Fame

Recognized for her contributions to the retail industry.

2009

Became Honorary Lifetime Director of Gap Inc. Board

After serving on the board until 2009, she was named an honorary lifetime director.

Philanthropy & Social Impact

Education

KIPP Foundation

$70M+

Co-founded the KIPP Foundation, which supports a network of charter schools.

Community and Employee Support

Gap Foundation

Unknown

Established the Gap Foundation to support employee and community initiatives.

Education

Teach For America

Unknown

Contributed to Teach For America.

Business Philosophy & Leadership

Notable Quotes

"I had an older sister - I was the middle child - and I just wanted to make my parents proud and to have them notice me, especially my dad. I really idolized him. I wanted to show him what I could do."

"The interest Doris and I have in improving public education comes from our worry that the gulf is growing, not as much between the 'haves' and 'have-nots' anymore, but between the 'knows' and the 'know-nots'."

Leadership Principles

Equality

Doris Fisher has always prioritized equality, stating that men and women should be paid equally for equal work, which has been a pillar of Gap's business from the beginning.

Innovation

Doris Fisher and her husband Donald were credited with inventing specialty retail through the concept of Gap.

Community

Doris Fisher and her husband, Donald, were passionate about supporting the communities in which Gap employees and customers live and work.

Controversies & Challenges

2019

Political Donations

Doris Fisher and her sons donated nearly $9 million to Americans for Job Security, a non-profit group that opposed Barack Obama in the 2012 election.

2016

Funding for Charter School Initiatives

Fisher has been criticized for using 'dark money' to funnel funds into California campaign initiatives that many say targeted teachers and undermined public education.