Michael Kors Becomes a Billionaire as Luxury-Goods Maker Surges

Michael Kors Becomes a Billionaire as Luxury-Goods Maker Surges

Dimitrios Kambouris/Getty Images for Michael Kors

Designer Michael Kors walks the runway during the Michael Kors fashion show during Mercedes-Benz Fashion Week Spring 2014 at The Theatre at Lincoln Center on Sept. 11, 2013 in New York City.