Is Ben Francis a billionaire?

With a stake of over 70% in Gymshark which is currently valued by investors at $1.45 billion, Francis had a net worth of $1.3 billion as of April 2023. In April 2023, he made his debut on Forbes' annual The World's Billionaires list as the 2,259th richest person in the world.

Who is Britain's youngest billionaire?

The UK's youngest billionaire is 31-year-old Ben Francis who is the CEO of fitness brand Gymshark. He is worth £1.03 billion.

Who is the owner of Gymshark billionaire?

Ben Francis started sewing his own workout gear as a 19-year-old college student and pizza delivery guy in 2012. Today he's one of the world's youngest billionaires, thanks to the rapid, social media-driven growth of his company Gymshark.

Why is Gymshark worth so much?

Ben Francis launched GymShark in college and it has now grown to become a billion-dollar fitness clothing business. Building a solid community, efficient influencer marketing, and a seamless online and offline sales approach have all contributed to their success.

What are some fun facts about Ben Francis?

As a young teenager Ben Francis's entrepreneurial mind-set saw him set up a website that sold car licence plates and build iPhone fitness tracking apps. Ben founded Gymshark aged just 19 while still a student at Aston University, and juggled full time study with work as a pizza delivery man to fund the venture.

Gymshark CEO: How I Built A $1.5 Billion Business At 19! Ben Francis

How old was Ben Francis when he started Gymshark?

At age 19, Francis founded Gymshark out of his bedroom in his parents' house. Now the fitness apparel and accessories brand is one of the fastest-growing companies in the U.K. The Instagram-savvy brand's revenue reached $50 million last fiscal year and is expected to hit $120 million in 2018.

What football team does Ben Francis support?

"I'm sorry but this isn't true," Francis said on X, formerly known as Twitter. "I'm a Villa fan through and through and wouldn't have an involvement with any other club. Plus I'm far too busy at Gymshark!

Who is Gymshark's biggest competitor?

Is Gymshark a billion dollar company?

Ben Francis is the 30-year-old founder and CEO of the athletic wear company Gymshark. In 2020, the company was valued at $1.45 billion before selling a 21% stake to private equity firm General Atlantic.

Does Gymshark have a bad reputation?

Gymshark offers high-quality, durable, and comfortable workout attire, which is particularly praised for their leggings' flattering fit and support. However, the brand has faced criticism for poor customer service, non-delivery of products, quality inconsistency over time, and some instances of sheerness in leggings.

Who is the youngest billionaire?

1.)

Topping the list of Forbes's top ten youngest billionaires in the world is Clemente Del Vecchio -- son of late Italian billionaire Leonardo Del Vecchio who owned Ray-Ban. After his death in 2022, Clemente Del Vecchio inherited the wealth and became the world's youngest billionaire at 18.

Who is the youngest self made billionaire?

You don't have to get a college degree to become highly successful. That's according to Austin Russell, the world's youngest self-made billionaire, who dropped out of Stanford University in 2012 to start his company, Luminar Technologies, after receiving a $100,000 grant from the Peter Thiel Fellowship.

Who is the richest person in the fitness industry?

Is Taylor Swift a billionaire?

She also owns numerous pricey properties across the U.S. Both Bloomberg and Forbes pin her net worth at an estimated $1.1 billion on the low end, based on analyses of her fortune. Swift first achieved billionaire status in October when she released a re-recording of her nine-year-old album "1989," Bloomberg reported.

Which kid is a billionaire?

The title of the world's richest kid is held by none other than Princess Charlotte of Cambridge, with a wealth of $5 billion.

Who is the billionaire driver of Pizza Hut?

Benjamin Francis born in June 1992. He grew up in mid-west of England, Worcestershire. He attended South Bromsgrove High School where he became interested in information technologies. Ben developed an affinity for entrepreneurship from a young age and started to develop web applications just for fun.

Is Gymshark a unicorn?

In the business world, there is a term known as"unicorn." This refers to a company that has achieved a billion-dollar valuation. There are very few companies in the world that can claim this title, but one business that has managed to do so is Gymshark.

Who created Gymshark logo?

Hey, my name is Martin Williams and I am the creator of the now world famous Gymshark Logo Design. I am a veteran logo designer with over 25 years professional experience.

What country buys the most Gymshark?

See the global distribution of visitors to your competitor's website and start tapping into overlooked markets. Gymshark.com's core audience is located in United States followed by United Kingdom, and France.

What is Gymshark lacking?

Weaknesses. Gymshark focuses on women's sportswear and has a lack of sportswear diversification options for men. The competition in this industry is very highly rated with major brands. Such as Nike, Adidas, and more, both companies are more common and preferred than Gymshark itself.

What is Gymshark's most popular product?

Gymshark Seamless Leggings

One of the brand's most popular styles, Gymshark's Vital Seamless 2.0 Leggings impressed us across the board. Functional enough for high-intensity workouts and comfortable enough for daily wear, we can see why most wearers love this versatile pair.

What gender does Gymshark target?

Gymshark's main target demographic revolves around age, particularly 18-25-year-olds of any gender.

How much is Ben Francis worth?

With a stake of over 70% in Gymshark which is currently valued by investors at $1.45 billion, Francis had a net worth of $1.3 billion as of April 2023. In April 2023, he made his debut on Forbes' annual The World's Billionaires list as the 2,259th richest person in the world.

Who is the new CEO of Gymshark?

Gymshark founder and CEO Ben Francis announced the activewear brand will launch a premium range, make its first foray into wholesale with Selfridges and expand to the Middle East this year, as it released its FY23 results.

How much does Gymshark make a year?

On Monday, the brand reported in its annual financial filings that its revenue increased 21% in 2022 to more than $600 million, compared to $502 million in 2021. However, its profits have shrunk. Profits in 2021 were around $56 million in 2021, but down to $34 million in 2022.