Spanx Founder Net Worth (Updated 2025).

Sara Blakely, the innovative mind behind Spanx, didn’t initially set out to revolutionize the shapewear industry. Born and raised in Georgia, she graduated from Florida State University with a degree in marketing and started her career in office products sales. It was during this time that she noticed a gap in the market for comfortable, slimming undergarments that could be worn under white pants without showing lines. This observation sparked the idea for Spanx.

Blakely spent two years developing her product, using her own savings and even selling fax machines to make ends meet. She sewed prototypes in her apartment, perfecting the design and fabric until she was satisfied. In 2000, with just $5,000 and a lot of determination, she launched Spanx. The rest, as they say, is history.

Sara Blakely’s Current Net Worth (2025)

As of 2025, Sara Blakely, the founder of Spanx, has an estimated net worth of $1.2 billion, according to Forbes. She earned her fortune through the success of Spanx, the shapewear company she founded in 2000.

Career

Sara Blakely’s career took off in 2000 when she launched Spanx, a line of women’s leggings and body shapers. She started the company with just $5,000 and grew it into a multi-million dollar business. In 2012, she became the world’s youngest self-made female billionaire, according to Forbes. Today, Spanx is valued at over $1 billion and is sold in over 65 countries.

Other Ventures

In addition to Spanx, Sara Blakely has ventured into other businesses. She has invested in various startups, including Rent the Runway and Planet Fitness. She also co-founded The Li.st, a networking platform for women entrepreneurs. In 2019, she launched SPANX by Sara Blakely, a line of shapewear designed for men.

Assets

Sara Blakely’s assets include a majority stake in Spanx, which she owns with her husband, Jesse Itzler. She also owns several properties, including a mansion in Atlanta, Georgia, valued at over $4 million. She has a collection of luxury cars, including a Range Rover and a Porsche. Blakely also has a significant investment portfolio, with holdings in various tech and retail companies.

Annual Income

Sara Blakely’s annual income is not publicly disclosed. However, as the majority owner of Spanx, her income is likely tied to the company’s performance. In 2020, Spanx reported over $400 million in revenue, indicating that Blakely’s annual income could be substantial. She also earns money from her investments and speaking engagements.

Frequently Asked Questions about  Spanx Founder

Frequently Asked Questions about Spanx Founder’s Net Worth

1. Who is the founder of Spanx?

Sara Blakely is the founder of Spanx. She started the company in 2000 and is currently its CEO.

2. What is Spanx known for?

Spanx is known for its innovative and comfortable shapewear for women. The company has expanded its product line to include leggings, bras, and other apparel.

3. How did Sara Blakely come up with the idea for Spanx?

Blakely came up with the idea for Spanx after struggling to find a good pair of pantyhose that wouldn’t roll up or show lines under her clothes. She spent two years and $5,000 developing the first prototype.

4. When was Spanx founded?

Spanx was founded in 2000.

5. What is Sara Blakely’s net worth?

As of the latest estimates, Sara Blakely’s net worth is $1.2 billion.

6. How did Sara Blakely become a billionaire?

Blakely became a billionaire through her ownership stake in Spanx. She has not taken on outside investors, which means she retains full control of the company.

7. What is Sara Blakely’s background?

Blakely graduated from Florida State University with a degree in communications. Before starting Spanx, she worked as a door-to-door fax machine salesperson.

8. Has Sara Blakely received any awards or recognition for her work?

Yes, Blakely has received numerous awards and recognition for her work, including being named to Time Magazine’s “100 Most Influential People in the World” list in 2002, and being inducted into the Business Hall of Fame in 2018.

9. What is Sara Blakely’s philanthropic work like?

Blakely is a strong advocate for women’s empowerment and has donated millions of dollars to various charities and organizations. She is also a founding member of the Giving Pledge, a campaign started by Bill Gates and Warren Buffett to encourage wealthy individuals to donate a majority of their wealth to philanthropic causes.

10. What is Sara Blakely’s advice for aspiring entrepreneurs?

Blakely often advises aspiring entrepreneurs to embrace failure as a part of the learning process and to not be afraid to ask for help. She also emphasizes the importance of self-belief and perseverance.