American fitness guru, martial artist and actor, Billy Wayne Blanks has an estimated net worth of $30 million. Billy Blanks has earned his net worth as the inventor of the Tae Bo exercise program, well as roles in block buster films such as The Last Boy Scout and Expect no Mercy.
He was born on September 1, 1955 in Erie, Pennsylvania; he suffered from undiagnosed dyslexia. Due to an anomaly in his hip joints that impaired his movement and clumsiness, he was teased by his siblings, and his coaches believed he’d never accomplish much. Billy found the answer to these challenges in karate.
Billy Wayne Blanks was born in Erie, Pennsylvania, USA. Blanks invented the Tae Bo workout while running a karate studio in Quincy, Massachusetts. He opened a fitness center in Los Angeles to teach his new workout, attracting celebrity clients such as Paula Abdul, and the popularity of the workout quickly grew, becoming a pop culture phenomenon after Blanks began releasing mass-marketed videos. The popularity of the workout later waned, but Blanks still attracts many celebrity clients, and the Tae Bo videos and DVDs have continued to sell well.
Earnings & Financial Data
|
Date |
Category |
Description |
Amount |
|---|---|---|---|
|
2005 |
Lawsuit Settlement |
Earnings from the lawsuit settlement after he filed malpractice suit against his lawyer and his firm, Seyfarth Shaw |
$31,000,000 |