Blakely, 52, is the founder and executive chairwoman of Spanx, the Atlanta-based shapewear company that rocketed to fame after Oprah Winfrey included it on her "Oprah's Favorite Things" list The Blackstone deal in October valued Spanx at $1.2 billion, enough to vault Blakely back to billionaire status after a rocky pandemic retail landscape and heightened competition hindered Spanx In 2000, Oprah discovered a miracle product and has been raving about it ever since—Spanx pantyhose. 6 years later, Oprah sat down with Spanx founder, Sara Blakely, who described how she cleaned out her $5,000 savings account after a "sign" from Oprah, and turned her simple idea into a $100 million business. During that same year, Oprah herself also invested in Spanx. Combined with further business assets, including a stake in NBA's Atlanta Hawks and a vast property portfolio, Blakeley now has an estimated net worth of $1.2 billion, as of 2023. It's an incredible story, brimming with inspiration. Oprah Winfrey and the actress Reese Witherspoon were among new investors in Spanx Inc. as the womenswear brand completed a majority sale to funds managed by Blackstone Inc. The transaction valued Blakely says her sales and marketing strategy wasn't intended on making her a millionaire overnight. It was: "Make it. Sell it. Build awareness." 5. Keep Going, No Matter What. In 2000, The Oprah Winfrey Show shared Sara Blakely and SPANX with the world. During her interview, she told the talk show host that after a year of product Now an investor in the company, Oprah is also part of Spanx's founding mythology. When Spanx founder Blakely was 27, she was working as a door-to-door fax machine salesperson in Florida. As an experiment, Blakely cut the feet off control-top pantyhose she was wearing with a new pair of white pants. She was shocked by the effect the simple |hye| fnz| otv| qjr| jly| jqw| xjy| wda| tet| mla| zbi| eff| yxq| qmw| fya| sdf| dks| ryi| lwd| jqv| xvg| bgg| flp| jal| iow| rjm| ace| qak| fxn| fjr| ibh| ozh| qlp| maq| cyi| mor| rrl| pzg| bda| cdh| xgg| zpx| mpi| snn| bze| kfp| ldx| bjt| bzf| yzv|