Kai Nygard is a son of Peter J. Nygard. Peter J. Nygard is a Finnish-Canadian executive, the founder and chairman of Nygard International. Peter was rated the 93rd richest Canadian by Canadian Business Magazine in 2015 with a net worth of $857.6 million. Nygard apparel manufacturing company was founded in 1967 in Winnipeg, Manitoba. Its Canada headquarters is now in Toronto, Ontario with its world headquarters in New York City. The Nygard is an advocate of the stem cell technology to reverse the afflictions of aging. Actually, Peter has been rejuvenating himself through the use of stem cell transplantation.