Age, Biography and Wiki

Leonard Riggio was born on 28 February, 1941 in New York City, United States, is an American businessman. Discover Leonard Riggio's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 83 years old?

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Occupation former Executive Chairman, Barnes & Noble
Age 83 years old
Zodiac Sign Pisces
Born 28 February 1941
Birthday 28 February
Birthplace New York City, United States
Nationality United States

We recommend you to check the complete list of Famous People born on 28 February. He is a member of famous founder with the age 83 years old group.

Leonard Riggio Height, Weight & Measurements

At 83 years old, Leonard Riggio height not available right now. We will update Leonard Riggio's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Steve Riggio (father)
Wife Not Available
Sibling Not Available
Children Not Available

Leonard Riggio Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Leonard Riggio worth at the age of 83 years old? Leonard Riggio’s income source is mostly from being a successful founder. He is from United States. We have estimated Leonard Riggio's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income founder

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Timeline

1941

Leonard S. Riggio (born February 28, 1941) is a retired American businessman and entrepreneur.

1958

Born in New York City, Riggio attended Brooklyn Technical High School, graduating in 1958, followed by evening classes at New York University.

His father, Steve Riggio, was a professional boxer who twice defeated Rocky Graziano.

1965

While at New York University, Riggio founded the Student Book Exchange in 1965 and turned this small book store into a leading retailer.

1971

He served as executive chairman of book store chain Barnes & Noble and was its largest shareholder from 1971 until the sale of the company to the hedge fund Elliott Advisors in 2019.

Under his leadership the company expanded significantly from a single retail location on 105 Fifth Avenue, New York to a nationwide chain with 600+ stores, which it did with acquisitions and mergers of competing chain stores.

He acquired the Barnes & Noble bookstore in New York City in 1971 and adopted its name for his expanding company.

He acquired hundreds of bookstores through the years and launched the Barnes & Noble superstore concept with an in-store coffee shop and spacious reading alcoves.

Riggio is recognized as being among the first entrepreneurs who turned the elitist world of bookstores into recreational stores.

1985

Since 1985 Riggio has been Chairman of the Board and 49% owner of MBS Textbook Exchange, Inc. based in Columbia, Missouri.

MBS is one of the nation's largest wholesalers of college textbooks.

1993

The company went public in 1993.

Riggio launched barnesandnoble.com to compete with Amazon.com for online book sales and launched a successful video game retail operation, which grew to become GameStop.

By the end of the 20th century, Riggio had built Barnes & Noble into the world's largest bookseller.

1997

In 1997, Barnes & Noble had 483 superstores, 528 mall-based B. Daltons, and sales went up to $2.8 billion.

2000

Riggio's awards include the Americanism Award from the Anti-Defamation League in November 2000.

This award is the ADL's highest honor.

Through his nom de course My Meadowview Farm, Leonard Riggio bred and raced horses for Thoroughbred racing.

Among his successes, his colt Samraat won the Damon Runyon, Gotham and Withers Stakes.

Riggio is the benefactor of many community organizations and charities, including New York University and the Dia:Beacon art museum in Beacon, New York.

2002

His brother, Steve Riggio, was CEO of the Barnes & Noble chain of bookstores from 2002 until his replacement by William Lynch in 2010.

2005

He also established Project Home Again to assist residents of New Orleans, Louisiana, who were affected by Hurricane Katrina in 2005.

Project Home Again will spend $20 million from the Riggio Foundation to build new homes in the Gentilly neighborhood of New Orleans.

The pilot phase involves building 20 new homes on St. Bernard Avenue.

2011

On November 10, 2011, the program cut the ribbon on its 101st home.

In addition to rebuilding the homes, the Riggios, through a partnership with Rooms to Go, also furnished the homes.

2012

On November 24, 2012, New Orleans Mayor Mitch Landrieu awarded the Riggios keys to the City of New Orleans at a City Council meeting.