Sara Blakely Spanx Net Worth, Age, Bio, Wiki, Family, Husband and Career
Sara Blakely is the founder and owner of Spanx, a multi-million dollar shapewear company. In addition to being one of the world’s most prosperous businesswomen, Blakely is the creator of the American intimate clothing brand Spanx. Her creative business endeavors and Spanx’s enormous success have contributed to her extraordinary wealth. So, what about Sara Blakely Spanx net worth?
Early Life
The Florida suburb of Clearwater, Tampa, is where Sara Treleaven Blakely was born on February 27, 1971. She has two parents: Ellen, an artist, and John, an attorney. Art is what her brother Ford does. In 1989, she received her high school diploma from Clearwater. She earned her bachelor’s degree in communications from Florida State University in 1993. Blakely was a Delta Delta Delta sorority member at Florida State University.
Though her LSAT results prevented her from being admitted to law school, Sara still hoped to follow in her father’s footsteps and become a lawyer. She chose to work as a stand-up comedian in the evenings for three months while she was employed at Walt Disney World.
Career
Sara Blakely’s career has been distinguished by outstanding accomplishments and business success. Blakely had modest beginnings; she first worked at Walt Disney World before going on to sell fax machines as a sales representative for an office supply company. Her real success, though, came when she launched Spanx, a company that completely changed the shapewear market.
Blakely’s perseverance and creative thinking allowed her to grow her $5,000 savings into a billion-dollar company. Her idea to design supportive and functional shapewear quickly gained traction with women all over the world, catapulting Spanx to previously unheard-of levels of popularity.
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How Much Does She Makes Money?
Spanx is a privately held company that provides Sara Blakely with the majority of her income. Although precise revenue figures are not disclosed to the public, it is approximated that Spanx brings in hundreds of millions of dollars annually.
In addition, Blakely receives payment from her book sales, speaking engagements, and other business endeavors like The Belly Art Project. She has also made a number of astute investments over the years, such as purchasing stock in the Atlanta Hawks basketball team.
Sara Blakely Husband
In 2008, Blakely wed businessman Jesse Itzler, and the two of them have four kids. She makes time for her family and tries to have a good work-life balance despite her hectic schedule.
Sara Blakely Net Worth
By 2024, Sara Blakely’s net worth is expected to have surpassed $1.5 billion, making her one of the world’s wealthiest entrepreneurs. Many people find inspiration in her journey from a struggling businesswoman to a self-made billionaire.
Blakely sold some of the company’s equity, but he stayed on as CEO. She has also made a lot of investments in other expanding companies over the years. She also makes additional money occasionally as a TV personality. Thanks to all of these endeavors, Sara Blakely amassed a $1.1 billion fortune.
Entrepreneurship
The growing businesswoman, who finished second in the reality show The Rebel Billionaire, founded the Sara Blakely Foundation in 2006. The next year, in association with Target, she debuted the Assets line, an exclusive line of less expensive shapewear accessories.
She became the youngest female self-made billionaire in 2012 as a result of this. She received offers to participate in multiple reality series as a result of this. Sara most notably served as a judge on American Inventor and a recurring investor on select episodes of Shark Tank during seasons nine through ten.
Conclusion
Sara Blakely is a real role model for female business owners everywhere. She started from nothing to create a billion-dollar empire, and she has used her success to support other women in achieving their dreams. Blakely’s net worth keeps increasing yearly, which is not surprising given her creative ideas and entrepreneurial spirit.