Lifted Research Group was founded in 1999 by Jonas Bevacqua and Robert Wright[2]. Wright brought extensive experience in the streetwear industry to L-R-G, having worked with such companies as Quiksilver, O'Neill, and Katin during an eight-year span[3]. He also contributed the resources to create the company's initial samples and patterns. Bevacqua also raised the initial startup capital from friends of his adopted father who worked in the fashion industry. This capital was used to finance an initial product run that sold out during their first day at the Action Sports Retailer Expo in San Diego, California... The company became profitable by 2002, and made its first $1 million in 2000[4].
Straight out of wikipedia.