Age, Biography and Wiki

Martin Trust was born on 1934 in Brownsville, Brooklyn, New York, is an American business person. Discover Martin Trust'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 85 years old?

Popular As N/A
Occupation business person, entrepreneur
Age 85 years old
Zodiac Sign
Born 1934, 1934
Birthday 1934
Birthplace Brownsville, Brooklyn, New York
Date of death 12 September, 2019
Died Place Boston, United States
Nationality United States

We recommend you to check the complete list of Famous People born on 1934. He is a member of famous entrepreneur with the age 85 years old group.

Martin Trust Height, Weight & Measurements

At 85 years old, Martin Trust height not available right now. We will update Martin Trust'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

Who Is Martin Trust's Wife?

His wife is Dena Trust (m. 1960-2019)

Family
Parents Not Available
Wife Dena Trust (m. 1960-2019)
Sibling Not Available
Children Not Available

Martin Trust Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Martin Trust worth at the age of 85 years old? Martin Trust’s income source is mostly from being a successful entrepreneur. He is from United States. We have estimated Martin Trust'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 entrepreneur

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Timeline

1934

Martin Trust also known as Marty Trust (1934 – 2019) was an American business magnate entrepreneur and philanthropist who was also known for his contributions to the economy of Sri Lanka by modernising the country's apparel industry.

He is also known as the 'father of the modern Sri Lankan apparel industry', as he was instrumental in making the country one of the global leaders in the apparel industry.

He is still regarded as one of the pioneers of American fashion retail sector.

Martin was born in Brooklyn, New York in 1934 in a middle class family.

He joined his father Max Trust on his bread truck routes, delivering bread from the factories to restaurants.

He received his Bachelor's degree in mechanical engineering from the Cooper Union for the Advancement of Science and Art and after graduation, he decided to enter into the apparel industry.

1957

He met Diane, who was later known as Dena, Kagen in 1957, and they married three years later.

1970

He co-founded the MAST Industries with small capital along with his wife in 1970, which later went onto become one of the important fashion industries in US.

1978

In 1978, Limited Brands acquired MAST Industries.

1985

Trust began working with the Sri Lankan textiles and apparel companies in 1985.

1986

Trust continued to work with those companies, establishing MAST Industries first joint venture with Sri Lanka's Omar Group (formerly called as LM Apparels, part of Brandix) in 1986.

1987

In 1987, the MAST Industries under Trust's leadership established another joint venture with Amalean Group of Sri Lanka.

Trust invested in over twenty different businesses in Sri Lanka over a period of thirty years, which enabled the growth in the Sri Lankan economy.

1990

He also introduced the Martin Trust Center for MIT Entrepreneurship in 1990s which is a scholarship scheme to the Massachusetts Institute of Technology.

1994

In 1994, the Government of Sri Lanka honored him by awarding the title, Sri Lanka Ranjana, for his outstanding and active involvement in the development of the country’s apparel industry.

2001

He also founded Trust Family Industries in 2001 and launched Brandot International in the same year.

2011

In 2011, the Massachusetts Institute of Technology (MIT) honored him by giving new services in respect of him.

2019

He died on 12 September 2019 at his home at the age of 84 in Boston, US.