Disgraced CEO Peter Nygard: What Is His Net Worth? Peter Nygard was born in Finland at the beginning of the ’40s and moved to Canada in 1952. He became an internationally famous fashion mogul. His current estimated net worth is $900 million. However, his empire and reputation have suffered a hit from allegations of his involvement in sex trafficking and sexual assault allegations. Nygard International In 1967 Peter Nygard founded Nygard International in Canada, a design, manufacturing, and supply business. The company expanded to the US in the following years. It achieved international success and quickly grew into one of the largest women’s clothing manufacturers and suppliers in the world.