Rank #2702
Sara Blakely
Net worth $1.5B
Spanx · United States
- Born
- Feb 27, 1971
- Age
- 55
- Source
- Spanx
- Residence
- Atlanta, Georgia
- Citizenship
- United States
- Marital status
- Married
- Children
- 4
- Education
- Bachelor of Arts/Science, Florida State University
Net worth over time
Biography
- Sara Blakely is the founder and part owner of shapewear brand Spanx, which sells undergarments, leggings and apparel.
- In late 2021, Blackstone bought a majority stake in Spanx in a deal that valued the company at $1.2 billion.
- In August 2024, Blakely launched Sneex, a line of high-heeled sneakers priced at $395 and up that she designed to be comfortable.
- A onetime door-to-door fax machine salesperson, Blakely first created Spanx using pantyhose to wear under white slacks.
- While Spanx is a celebrity favorite, Blakely is becoming a celebrity herself. She was a guest judge on 'Shark Tank' and had a cameo in 'Billions.'
- Blakely's husband Jessie Itzler is the founder of private jet membership company Marquis Jets, which was acquired by NetJets in 2010 for an undisclosed sum.
- Blakely owns a minority stake in the Atlanta Hawks, her local NBA team.