Michael Kors is on track to be fashion's newest billionaire http://bit.ly/Y7fsFV
The fashion icon is fast approaching billionaire status as the stock of his company surged today after forecasting profits for fiscal 2013, more than double those from last year. If Kors doesn't sell any more company stock, he'd join the 10-figure club when it breaks $70 a share. Based on recent growth, that may not be far away.
