Sara Blakely’s Net Worth 2024: Age, Career, Income & Wife
Entrepreneur, philanthropist, and creator of the Spanx brand of personal apparel, Sara Blakely has achieved great success in her life. She got renowned and wealthy after building a brand beloved by millions of people around the world with just $5,000. How wealthy are you? This Sara Blakely net worth profile is here to emphasize just that.
Allow me to fill you in on Sara Blakely’s net worth, income, and the circumstances surrounding her meteoric rise to financial stardom:
Sara Blakely’s Net Worth
Sara Blakely is a self-made billionaire who got her start in business. Her Spanx clothing company helped her accumulate fortune. Among businesswomen, she ranks among the most successful in the world. Season tickets for the Atlanta Hawks are held by Sara and her husband. According to estimates made in May of 2024, her net worth was $1.2 billion.
Career
Sara planned to become a lawyer after finishing college, but after taking the bar exam and getting a dismal grade, she settled for a job at Walk Disney World. At the same time, she was performing stand-up comedy.
She eventually found employment with Danka, a fax machine sales company. There, she worked in sales and, at the tender age of 25, became a national sales trainer thanks to her natural abilities. The uncomfortable requirement to wear pantyhose in hot weather was something she encountered on the job.
So she tried a few different approaches with her clothes in an effort to alleviate her discomfort. While working at Danka, she had an idea that she kept developing. She was able to refine her concept and get a patent for it at that time. She would use the word Spanx as her trademark.
Sara began approaching other companies with product pitches, and the Neiman Marcus Group was one of the first to notice her groundbreaking idea and its promise. Not long after, Spanx became well-known. When Oprah Winfrey included the product in her list of favorite items in 2000, it was a turning moment for the company.
The result was an immediate surge in Spanx sales, which in turn led to the company landing a slew of profitable partnerships. In 2012, Sara achieved a remarkable milestone by becoming the youngest female billionaire in history, entirely thanks to her own efforts. After this, Sara’s personal brand also began to flourish as the world began to take notice of her business acumen.
There has been a lot of competition for Spanx over the years, with competitors like Shapermint capturing a sizable portion of the market. In addition, there is Kim Kardashian’s Skims, which is worth more than $1.6 billion, and the brand Honeylove, which has received investment from various venture capital organizations.
Sara Blakely Height and Weight
As far as height goes, Sara Blakely is about 1.71 m (5 feet 7 inches). Her weight is at 132 pounds, or 60 kilograms. A slim figure characterizes her. Her fair skin is complemented by her blond hair and brown eyes. She identifies as a straight woman sexually.
Marriage and Husbands
Jesse Itzler is Sara Blakely’s husband. Marquis Jet was co-founded by him. Soon after meeting at a Net Jet Poker Tournament, the two started dating. They tied the knot in 2008. Her wedding had an unexpected performance by Olivia Newton-John, and Matt Damon was a guest as well. They have four kids between the two of them.
The Sara Blakely Foundation was established by her in 2006. She set up the foundation to provide women with the resources they need to become financially independent through education and entrepreneurship programs. She received $750,000 from Richard Branson to start the Foundation. Scholarships from the nonprofit have helped pay for the education of deserving female students at the City Campus of the Community and Individual Development Association in South Africa.
A million dollars would be donated to the Oprah Winfrey Leadership Academy for Girls during her 2006 appearance on The Oprah Winfrey Show.
Olivia Newton-black John’s tights from Grease cost her $162,500 in 2019. The profits went to the Melbourne, Australia, treatment center run by Newton-cancer John.