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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. [19] Forbes estimated her net worth after the deal at $1.3 billion. [20]
Spanx, LLC is a United States shapewear company, founded by Sara Blakely in Atlanta, Georgia in 2000. [2] The company offers innerwear and outerwear , including activewear , apparel , denim , shapewear, swimwear , intimates , leggings , and hosiery . [ 3 ]
Net Worth: $1.1 billion Blakely is the founder and CEO of Spanx, a company that sells body-slimming undergarments. In 2000, Blakely invented the first pair while working as a salesperson for the ...
His net worth skyrocketed from $72 billion in 2018 to $158 billion in 2022, according to Forbes. 3. Jeff Bezos, $151.9 Billion. ... Sara Blakely, Spanx founder, $1 billion.
New business ideas can come from almost anywhere. Sara Blakely’s bright idea was behind her the whole time—literally. In 1998, the founder and former CEO of the women’s shapewear brand was ...
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 ]
The Spanx founder built a $1.2 billion business her own way. People told Sara Blakely founding a business meant ‘going to war.’ Instead, she led Spanx with ‘intuition’ and ‘vulnerability’
Spanx founder Sara Blakely surprised her employees with plane tickets to anywhere in the world and $10,000 after a deal valued the company at $1.2 billion.
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