June 6, 2023

Brighton Journal

Complete News World

The 30-year-old college student and former Pizza Hut delivery driver has a net worth of $1.1 billion — three times more than Ed Sheeran.

Ben Francis, founder and CEO of Gymshark, is ranked 184th on the Sunday Times Rich List.Gymshark

  • Ben Francis is a college dropout and former Pizza Hut delivery driver who founded Gameshark.

  • He founded the sportswear label in 2012 and has turned it into a multi-billion dollar company.

  • The 30-year-old has climbed seven places to rank 184 on this year’s Sunday Times Rich List.

A decade ago, Ben Francis dropped out of college and was working as a Pizza Hut delivery driver. He is now worth £900 million, or $1.1 billion, which put him in seventh place at 184 this year. The Sunday Times Rich List.

After leaving Aston University in Birmingham, England, Francis co-founded the sportswear company Gymshark.

Since then, the 30-year-old has grown his business into a billion-dollar company, while his private wealth has risen to three times that of singer Ed Sheeran.

write to Sunday times In 2022, Francis notes some major accomplishments for Gymshark, including the milestone “Unicorn” mode in 2020which is when the company reaches a value of at least $ 1 billion, “without prior financing.”

He said the company has also expanded in the US, where it now has more than 100 employees in its Denver office.

Gymshark was his seventh attempt at creating a successful business, as he wrote in The Sunday Times: “I just wanted a website to deal with.”

So when Gymshark made her first win of just £2, Francis says it felt like “they’ve won the lottery”.

He and his co-founder, college friend Louis Morgan, used whatever they had to pay for a booth at the BodyPower Show in 2013.

Francis writes that the couple were on about £300 a day at the time. But after the exhibition, Gymshark suddenly made £30,000 worth of sales in 30 minutes and realized it could be something big.

The brand now has over six million followers on Instagram.

Francis He previously shared his morning routine with Insiderwhich involves getting up before 6 a.m. and “doing the same thing a minute every day”.

Also co-founder of Gymshark Received MBEa British royal honor, earlier this year for his services to business.

Francis did not immediately respond to a request for comment from Insider, submitted outside normal business hours.

Read the original article at Business interested

See also  Rolf Harris: Serial offender and former entertainer dies at 93