How much money is Gymshark worth?
How much money is Gymshark worth?
The founder of a $1 billion fitnesswear brand once felt too young to be CEO. Now he’s back in the role. Ben Francis founded Gymshark, now a $1 billion fitnesswear brand, when he was just 19 years old.
How much is Gymshark founder worth?
Thanks to founding Gymshark he is worth around $130 million.
Why did Ben Francis step down as CEO?
In 2017, Ben made the decision to step down as CEO and become Gymshark’s Chief Brand Officer, to allow him to continue to focus on the things that have always set Gymshark apart – innovative design, creative content and consumer first thinking.
How much does Ben Francis make a year?
The e-commerce fashion retailer saw profit rocket in the year to July 2021, compared to 2020’s sum of £30.4m, according to accounts filed to Companies House last week. After tax, profit was £36.5m. Headed by 29-year old Ben Francis, the Gen Z-focused brand saw sales surge 54 per cent to £401.9m, versus £260.7m in 2020.