Yup. Beloved designer Michael Kors has graduated to billionaire status. According to Bloomberg, shares of Michael Kors Holdings, Ltd. hit $90.39 yesterday. Since Kors, the chief creative officer, owns a 2% stake in the company, this basically means he’s killing it and can now henceforth celebrate February 4 as his billionaire day.

Time to buy some scratch tickets and keep up.

By Joanna Berliner, Editor 

What has you buzzing this morning? Tweet us at @ruelala.

Not a Member and like The (Style) Guide? You’ll love Rue La La. Join now.

February 5, 2014