Fashion Mogul Tory Burch Settles With Her Ex (And Gets a Third Billionaire Investor)

You heard it here first: 2013 will be the year of Tory Burch. On Jan. 1, the fashion mogul’s company made two big announcements, both of which will renew speculation of an impending IPO that could land the 46-year-old on the Forbes 400. The board at Tory Burch’s eponymous brand and the designer’s ex-husband Chris Burch have settled “all pending legal claims,” per a statement, putting an end to an increasingly nasty and public battle of lawsuits and counterclaims.

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