Ben Francis Net Worth | Age, Wife, House 2024
Ben Francis, the mastermind behind the global fitness brand Gymshark, is a visionary entrepreneur and a self-made billionaire whose journey has captivated millions. His transformation from a university dropout and pizza delivery boy to the CEO of one of the world’s fastest-growing fitness brands is truly inspiring.
From sewing gym clothes in his garage to leading a company valued at over $1 billion, Ben’s rise to fame is a story of determination, innovation, and seizing opportunities in the digital age. But how exactly did this young entrepreneur build such an immense fortune in such a short time? Delve deeper into Ben Francis’s net worth to uncover the secrets behind his success, diverse income streams, and what his net worth reflects today.
Short Biography
Attributes | Details |
---|---|
Real Name | Ben David Francis |
Date of Birth | June 4, 1992 |
Nationality | British |
Wife | Robin Gallant |
Age | 32 (as of 2024) |
Company Founded | Gymshark |
Religion | Christianity |
Hobbies | Fitness, Cars, Motorcycles |
Children | Twin sons, third child expected |
Profession | Entrepreneur |
Net Worth | $1.4 billion |
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Who is Ben Francis?
Ben Francis, born on June 4, 1992, in the West Midlands, England, is a British entrepreneur and the co-founder and CEO of Gymshark. While studying at Aston University, he launched the fitness apparel brand in 2012 from his parent’s garage at just 19.
Through his passion for fitness and innovative strategies, Francis transformed Gymshark into a billion-dollar company, making him one of the most successful young entrepreneurs in the fitness industry.
Early Life
Benjamin David Francis, known as Ben Francis, was born and raised in Bromsgrove, Worcestershire. Growing up in a working-class family instilled in him the importance of hard work and perseverance, qualities that would later shape his career.
He showed a strong interest in technology and fitness from a young age. His early passion for computing led him to start his first business—an online company selling car number plates—while he was still in school. This entrepreneurial drive later contributed to his success with Gymshark.
Educational Background
Francis attended South Bromsgrove High School, where he developed a strong foundation in I.T. His passion for technology and business led him to Aston University, where he studied international business and management. However, his growing commitment to Gymshark prompted him to drop out in 2012 to focus on his burgeoning business full-time.
Ben Francis Wife
Ben Francis is a big fan of cars and motorcycles. In April 2021, he got engaged to his girlfriend, Robin Gallant, a fitness influencer and YouTuber. They got married on September 9, 2021.
A year later, in September 2022, Ben shared the exciting news that they were expecting twins. These twins were born on December 24, 2022. In July 2024, the couple happily announced they were expecting another child.
Ben Francis Age, House
As of 2024, Ben Francis is 32 years old. Ben now lives in a beautiful home in the West Midlands, England. His house reflects his success, offering a comfortable and stylish space where he unwinds with his family.
Early Career
Before Gymshark, Francis worked as a delivery boy for Pizza Hut, earning £5 an hour. During this time, he also developed two fitness applications, Fat Loss Abs Guide and iPhysique, which laid the groundwork for his future endeavors in the fitness industry. His app development experience and Pizza Hut job taught him valuable lessons in hard work and perseverance.
Rise to Fame
In 2012, at 19, Francis co-founded Gymshark with his school friend Lewis Morgan. The company initially sold fitness supplements but soon pivoted to designing and manufacturing fitness apparel. Operating out of his parent’s garage, Francis used a sewing machine and screen printer to create the first Gymshark products.
The brand experienced a significant breakthrough in 2013 when a tracksuit went viral on Facebook, resulting in £30,000 in sales within 30 minutes. Another breakthrough occurred when they showcased their products at the BodyPower Expo in Birmingham in 2013.
Gymshark Overview
Gymshark’s rapid growth is credited to Francis’s innovative social media and influencer marketing. By collaborating with fitness influencers such as Nikki Blackketter and Lex Griffin, Gymshark quickly gained a dedicated following. Under Francis’s leadership, Gymshark expanded its product line and market reach.
In 2020, the company sold a 21% stake to the private equity firm General Atlantic, valuing Gymshark at $1.45 billion. This deal was a significant milestone, solidifying Gymshark’s position as a major player in the fitness apparel industry. In 2022, Gymshark opened its first brick-and-mortar store on London’s Regent Street, a testament to its growth and success.
Achievements
Francis’s achievements extend beyond Gymshark’s financial success. In 2023, he was named to Forbes’ annual The World’s Billionaires list, ranking as the 2,259th richest person globally. His entrepreneurial journey has been recognized with numerous awards, including the Ernst & Young Entrepreneur of the Year Award.
Ben Francis Net Worth
As of 2024, Ben Francis’s net worth is estimated at $1.4 billion. Most of his wealth comes from his 70% stake in Gymshark, which continues to thrive under his leadership. Ben Francis also earns from real estate investments and brand collaborations.
Income Sources
Gymshark Earnings
The majority of Ben Francis’s net worth comes from Gymshark. While exact figures vary, it’s estimated that he retains a significant stake in the business, even after selling a minority share to General Atlantic in 2020. This deal alone reportedly valued Gymshark at over £1 billion, placing Ben Francis on the list of the U.K.’s wealthiest entrepreneurs.
Investments
Francis has strategically invested in various startups and tech companies, diversifying his income portfolio. These investments significantly increase his net worth.
Real Estate
Ben Francis owns several properties, including his residence in Birmingham and investment properties in the U.K. The prices of these properties are rising every day.
Brand Collaborations
Ben also earns revenue through brand partnerships, both personally and through Gymshark. These collaborations, often with other fitness and lifestyle brands, have added to his impressive financial portfolio.
Social Media Overiew
Ben Francis is a well-known social media personality who maintains an active presence on platforms like Instagram, Twitter, and YouTube. He shares content that includes behind-the-scenes looks into his life as an entrepreneur, fitness tips, personal milestones, business insights, leadership advice, and motivational stories.
Through vlogs and other long-form content, he offers a deeper perspective on his experiences in building Gymshark and his personal growth and fitness journey, inspiring a broad audience across these platforms.
Social Accounts | Followers | Links |
---|---|---|
545k | Click here | |
57k | Click here | |
YouTube | 278k | Click here |
FAQs:
What is Ben Francis’ net worth in 2024?
Ben Francis’ net worth is estimated at $1.4 billion as of 2024.
How did Ben Francis build his wealth?
The majority of his wealth comes from his 70% stake in Gymshark, which he co-founded in 2012.
What was the key moment in Ben Francis’ financial success?
A major breakthrough came when a Gymshark tracksuit went viral on Facebook in 2013, generating £30,000 in sales within 30 minutes.
Is Ben Francis on the Forbes Billionaire List?
Yes, in 2023, Ben Francis was ranked as the 2,259th richest person globally on Forbes’ Billionaires list.