Sara Blakely, the dynamic founder of Spanx, continues to capture attention in 2024 with her substantial net worth. Known for her innovative approach to fashion and her influential presence on both the business and philanthropic fronts, Blakely has achieved remarkable success through her entrepreneurial vision and media influence. Fans are now eager to explore the key strategies and ventures that have fueled her impressive financial achievements.
Here is everything fans need to know about Sara Blakely’s net worth in 2024.
What is Sara Blakely’s net worth in 2024?
Sara Blakely has an estimated net worth of 1.2 billion in 2024.
Sara Blakely’s net worth in 2024 consists of earnings from her successful entrepreneurial ventures. Blakely is most famous for her appearance on the reality TV series Shark Tank.
What does Sara Blakely do for a living?
Sara Blakely is an entrepreneur, philanthropist, and television personality.
Earlier this year, Sara Blakely launched her new brand, Sneex, offering a unique blend of high fashion and comfort. Sneex features hybrid heels, referred to as “hy-heels,” that combine the elegance of high heels with the ease of sneakers. Available in various styles and vibrant colors, these shoes use premium napa leather and suede from Italy and Spain. Blakely aims to deliver a luxurious yet comfortable footwear experience with Sneex, merging high-heel style with sneaker-like comfort.
Sara Blakely’s earnings explained — how does she make money?
Sara Blakely earns money from various professional pursuits.
Blakely made her fortune as the founder of Spanx, the revolutionary shapewear brand. Later, she also introduced a more affordable line, Assets by Sara Blakely, in collaboration with Target. In a major move in October 2021, she sold a majority stake in Spanx to Blackstone, reportedly valuing the company at $1.2 billion. Despite this, Blakely keeps a minority stake and remains actively involved in the company. She and her husband, Jesse Itzler, also co-own the NBA’s Atlanta Hawks and are committed philanthropists through The Giving Pledge.
Notably, Sara Blakely appeared on Shark Tank as a guest investor, where her firsthand experience and success with Spanx offered valuable insights into the business world.
