Sara Blakely’s biography, fact, career, awards, net worth & life story

  • Source of Wealth: Hosiery
  • Age: 48
  • Birth Place: Clearwater, Florida, USA
  • Marital Status: Married (Jesse Itzler)
  • Full Name: Sara Blakely
  • Nationality: United States
  • Date of Birth: February 21, 1971
  • Occupation: Businesswoman, Founder of Spanx
  • Education: Florida State University, Clearwater High School
  • Children: 1 (Lazer Blakely Itzler)

American businesswoman, Sara Blakely has an estimated net worth of $1 billion in June 2016, according to Forbes list. Blakely founded Spanx, a multi-million dollar undergarment company. She is the world’s youngest self-made female billionaire. She was 29 when she invested her entire life savings, $5,000, trying to come up with something flattering to wear under her white slacks. Six months later, the one-time Disney World ride greeter and door-to-door fax machine salesperson found her new line of shaping underwear, Spanx, named one of Oprah Winfrey’s Favorite Things. Since then, Blakely has taken Spanx from a one-product wonder sold out of her Atlanta apartment to a billion-dollar powerhouse with just under $250 million in annual revenues and net profit margins estimated at 20%. She owns 100% of the private company, has never advertised and never taken outside investment.

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