No menu items!

He started his business in his parents’ garage and is now worth $1.5 billion.

Share This Post

- Advertisement -

Ben Francis started his business in the garage of his parents’ house and with tenacity and a lot of work he managed to make it grow until it is currently worth an exorbitant amount of 1.5 billion dollars.

- Advertisement -

And now, at just 30, this Birmingham, England-born businessman has become youngest billionaire of the whole country.

Its creation is the famous brand of gymshark fitness clothing which is currently worn by some of the biggest celebrities on the planet.

- Advertisement -

Starting from your family home after her grandmother gave her a sewing machineGymshark grew to the point where Francis sold 21% of the business to private equity firm General Atlantic for $300 million.

His sportswear brand is now worth $1.5 billion.

His sportswear brand is now worth $1.5 billion.

At the end of 2021, Francesco announced the opening of the first store of the brand in Regent Street, London.

The Gymshark CEO made the announcement on social media along with a video explaining his decision and take a tour of the building for which he signed a 10-year lease.

“I have to admit, walking from where we got on the tube at Oxford Circus and then walking down the street and seeing the Gymshark store, immediately I have goosebumps“he counted.

I’m very proud of the decision we’re making for the long-term of this community and for the brand,” he added.

His sportswear brand is now worth $1.5 billion.

His sportswear brand is now worth $1.5 billion.

Francesco was recently appointed on Forbes World’s list of billionaires who are 30 years old or younger, a list that included 14 fellow billionaires, including Mark Mateschitz, son of the late Red Bull founder Dietrich Mateschitz.

Francis has a total equity of $1.2 billionand currently owns 70% of the Gymshark brand.

But Francisco’s rise to fame hasn’t been the easiest, like the young billionaire he was involved in a drug scandal who threatened to end his career.

In 2020, a video in which she appeared circulated on social media inhale white powder with your friendssomething Francis has addressed, of course.

“Four years ago, I was a kid. I was caught in a moment and I made a stupid mistake which I am very sorry,” he said.

However, the boy managed to get his life back together and today he smiles at him. Because a stumble is not a fall. At least, not for this young billionaire.

Source: Clarin

- Advertisement -

Related Posts