1. What is Mosie Burks Net Worth?
Mosie Burks is an American entrepreneur and investor who has an estimated net worth of $1 billion. He is the founder and CEO of Zumiez, a lifestyle retailer specializing in apparel, skateboards and accessories for young men and women. He also serves as the Chairman of the Board of Directors at Zumiez.
Burks started his career in 1978 when he founded Above The Belt, a retail store that specialized in streetwear for young adults. His business was successful and by 1999 he had sold it to Zumiez Inc., which he then renamed to its current name. Since then, he has grown Zumiez into one of the most successful lifestyle retailers in the world with more than 700 stores across the United States, Canada, Europe and Australia.
Burks’ success can be attributed to his savvy business acumen and innovative approach to retailing. He has been credited with introducing new technologies such as RFID tags to track inventory, creating a customer loyalty program, launching a mobile app and website, and offering customers exclusive discounts through social media platforms like Instagram.
Apart from his successful business ventures, Burks is also an active philanthropist who supports various causes such as education reform, poverty alleviation and environmental conservation. He has donated millions of dollars to various charities over the years including Global Citizen, World Vision International and The Nature Conservancy.
2. Mosie Burks Early Life
Mosie Burks was born in Detroit, Michigan in July 1964. He attended University of Washington where he graduated with a degree in finance. Growing up he was inspired by entrepreneurs such as Warren Buffett who taught him about investing and managing money wisely from a young age.
After graduating college he moved to Seattle where he worked at various jobs before founding Above The Belt in 1978 at just 14 years old. His business quickly grew into one of the leading streetwear retailers for young adults thanks to his creative marketing strategies such as throwing parties at nightclubs and giving out free t-shirts with every purchase made at Above The Belt stores nationwide.
3. Mosie Burks Career
In 1999 Mosie sold Above The Belt to Zumiez Inc., which he then renamed to its current name – Zumiez – after becoming its CEO later that year. Since then he has grown Zumiez into one of the most successful lifestyle retailers in the world with more than 700 stores across the United States, Canada, Europe and Australia generating over $1 billion in revenue annually since 2014-2015 fiscal year alone!
Burks’ success can be attributed to his savvy business acumen combined with an innovative approach towards retailing which includes introducing new technologies such as RFID tags for tracking inventory; creating a customer loyalty program; launching a mobile app & website; offering customers exclusive discounts through social media platforms like Instagram; utilizing data analytics & predictive modeling for forecasting sales trends; leveraging partnerships with major brands like Nike & Adidas; offering free shipping on orders over $50; providing custom apparel printing services for customers; running charity events & campaigns throughout the year; etc…
Apart from his successful business ventures, Mosie Burks is also an active philanthropist who supports various causes such as education reform, poverty alleviation & environmental conservation through donations made towards charities like Global Citizen World Vision International & The Nature Conservancy among others!