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In 2015, Blakely and her husband Jesse Itzler were part of a group led by Tony Ressler that purchased the Atlanta Hawks for $850 million. [15] [16] [17] In October 2021, The Blackstone Group acquired a majority stake in Spanx, Inc. [18] [19] The company was valued at $1.2 billion. [19] Blakely was to retain her position as Executive Chairwoman ...
In 2001, Blakely arranged with QVC to feature her product. [7] In 2011, Spanx reported revenue of just under $250 million, [10] and Forbes rated Blakely as the youngest self-made female billionaire. [10] Spanx opened its first brick and mortar store in 2012. [10] In 2013, Jessica Alba, Adele and Jennifer Garner wore Spanx to the Oscars. [11]
In 2000, Oprah Winfrey added Spanx to her annual product roundup—and became a long-time fan of the brand. In the subsequent two decades, Oprah continued to champion the brand.
Two decades after founding Spanx, Sara Blakely is trying again with Sneex, a line of sneaker-heels. Sara Blakely trusted her intuition as she bootstrapped Spanx to a billion-dollar exit.
APSpanx founder Sara Blakely attends the TIME 100 gala, celebrating the 100 most influential people in the world. By Jenna Goudreau Before she became the billionaire founder of shapewear company ...
Goldman became the CEO of Spanx in 2002. [8] [9] She had previously advised founder Sara Blakely on supply management until she was named CEO. [10] As CEO, Goldman worked to bring Spanx products to 11,500 locations across the world, including standalone Spanx stores, and to the runway at New York Fashion Week. [11]
Net worth: $1.1 billion The founder of Spanx has built an empire out of shapewear that has grown to include leggings, swimwear, and maternity wear and is sold in over 50 countries.
Making her debut on the list at age 41, Spanx founder Sara Blakely became the youngest self-made female billionaire ever. [36] Colombia's Alejandro Santo Domingo was the highest-ranked newcomer, inheriting a $9.5 billion stake in Santo Domingo Group from his father. [35]
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