Don't freak out people the 70-year-old owner of the empire will not being giving up the reigns to the kingdom! Ralph Lauren is said to be selling up to 10 million shares of Polo, amounting to $870 million dollars! (not bad at all eh?)
Ralph will still be the majority shareholder securing the position for his son, David Lauren to take over as leader after his father's retirement. Wonder who will take on the designing?
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