Youngest Self-Made Billionaire in the World
Bangalore: ‘Necessity is the Mother of Invention’ indeed in Sara Blakely’s case. Her never-ending strive to overcome a common problem faced by women has landed her in the youngest billionaires’ club. Blakely has gone from a rookie to the youngest self-made woman billionaire of the world. Forbes has poured out an immersing article about a woman who has overcome personal tragedies, fears and innumerable rejections to prove that ‘When There’s a Will, There’s a Way!’
What makes Blakely an exceptional woman is her die-hard attitude and personal achievements. She still regards her husband, Jesse Itzler, as one of her greatest strengths and support throughout her business endeavor. He was rock-steady during her hard business times. In this cut-throat world of advertisements, where ads rule the media, Blakely has transformed Spanx from an investment of $5,000 to a billion dollar enterprise without spending a dime on ads. What is more surprising is that the company is entirely debt free. Moreover, she also owns 100 percent of her brain-child, as CEO of Spanx, Laurie Ann Goldman.