Spanx Owner Net Worth (Updated 2025).
Sara Blakely, the founder and owner of Spanx, began her career in an unconventional way. While working as a fax machine salesperson, she identified a gap in the market for flattering, comfortable, and versatile shapewear. With no formal business training, Blakely used her life savings of $5,000 to develop and patent her first product, a footless pantyhose designed to smooth out lines and enhance the appearance of outfits. Her innovative idea laid the groundwork for what would become a multi-million dollar business.
Sara Blakely’s Current Net Worth
As of 2025, Sara Blakely, the founder of Spanx, has an estimated net worth of $1.4 billion, according to Forbes. This makes her one of the wealthiest self-made women in the world.
Career
Sara Blakely is an American businesswoman and the founder of Spanx, a multi-million dollar shapewear company. She started Spanx in 2000 with just $5,000, and it has since become a global brand. Blakely is also the world’s youngest self-made female billionaire.
Other Ventures
In addition to Spanx, Blakely has invested in various other ventures. She is a co-founder of the skincare line, SPANX by Sara Blakely Beauty, and has made investments in companies like Virgin America and Planet Fitness. She also serves on the board of directors for various organizations.
Assets
Blakely’s assets include her majority stake in Spanx, which is valued at over $1 billion. She also owns multiple properties, including a mansion in Atlanta, Georgia, and a penthouse in New York City. Additionally, she has a significant art collection.
Annual Income
Blakely’s annual income is not publicly disclosed. However, as the majority owner of Spanx, which generated over $400 million in revenue in 2020, her income is likely substantial. Her wealth has also grown significantly over the years due to the appreciation of her Spanx shares.
Frequently Asked Questions about Spanx Owner
1. Who is the owner of Spanx?
Sara Blakely is the founder and owner of Spanx. She started the company in 2000 with just $5,000.
2. What is Sara Blakely’s net worth?
Sara Blakely’s net worth is estimated to be around $1.2 billion.
3. How did Sara Blakely come up with the idea for Spanx?
Blakely got the idea for Spanx when she was trying to find a pair of pantyhose that wouldn’t show lines under her white pants. She cut the feet off a pair of control top pantyhose and wore them under her pants, and the idea for Spanx was born.
4. When was Spanx founded?
Spanx was founded in 2000.
5. Where is Spanx headquarters located?
Spanx headquarters is located in Atlanta, Georgia.
6. What does Spanx stand for?
Spanx is not an acronym. The name was chosen because it was short, catchy, and easy to remember.
7. How did Sara Blakely become a billionaire?
Sara Blakely became a billionaire through the success of Spanx. She owns 100% of the company and has never taken on outside investors.
8. What is the most popular product from Spanx?
The most popular product from Spanx is their original footless pantyhose, known as the “Tights.”
9. Has Sara Blakely won any awards for her work with Spanx?
Yes, Sara Blakely has won numerous awards for her work with Spanx, including being named one of Time Magazine’s 100 Most Influential People in the World in 2002 and receiving the National Retail Federation’s Gold Medal Award in 2013.
10. What is Sara Blakely’s philanthropic work like?
Sara Blakely is known for her philanthropic work, particularly her support of women’s empowerment and education. She is a member of The Giving Pledge, a commitment by the world’s wealthiest individuals and families to dedicate the majority of their wealth to philanthropy.
