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5

Lifted Research Group

Men's and women's clothing

Jonas Bevacqua
Company Details
Location: Lake Forest, CA
Founders: Robert Wright, 34, Jonas Bevaqua, 29, Charlie Moothart, 52, Ronnie Ghenender, 62
Year Started: January 1999
Initial Investment: $200K

Turned a Profit: 2002
First Million: 2000

2002 Sales: $5M
2006 Sales: $150M

Number of Employees:
Day 1: 1
2006: 120
2007: 150*

* Projected by 2008
Company Background
Robert Wright, Jonas Bevacqua, Charlie Moothart and Ronnie Ghenender collaborated together through a common love of music and fashion. In 1999, the founders combined their eclectic tastes into Lifted Research Group, better known as LRG. The independent clothing company has branded the underground hip-hop generation, being worn by hip-hop celebrities Kanye West and Chris Brown. According to the founders, the company's success has been the result of listening to their passions instead of their pockets.
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