Ben Francis Biography
Ben Francis is a businessman and entrepreneur from the United Kingdom. He is Gymshark’s founder and CEO. Francis has a net worth of £700 million as of 2021, thanks to his ownership of more than 70% of Gymshark.
How old is the Gymshark owner? – Ben Francis Age
He is 30 years old as of 4 June 2022. He was born in 1992 in England, United Kingdom.
Ben Francis Family
He graduated from South Bromsgrove High School. After studying IT in school, he became interested in computing. He attended Aston University in 2010 to study international business and management. He has stated that his time at university provided him with “a solid foundation on which to build a business.” He dropped out in 2012 to devote his full attention to Gymshark.
Who is Ben Francis Girlfriend? – Wife
Francis and his girlfriend Robin Gallant got engaged in April 2021 and married the following year.
Why did Ben Francis step down as CEO?
He stepped down as CEO after identifying his strengths and weaknesses and realizing the importance of putting the right people in the right positions to continue to grow the company. Ben took on the role of a chief brand officer by capitalizing on his strengths.
Ben Francis Height
He stands at a height of 5 feet and 9 inches(1.77 m).
What is Ben Francis Net Worth?
She has an estimated net worth of £700m.
Ben Francis Gymshark
Gymshark started out as a supplement company. Francis began designing and selling fitness apparel on Gymshark’s website in 2013, branching out from supplements. He started making the products in his parent’s garage in Bromsgrove, using a sewing machine and a screen printer he saved up for. His grandmother taught him how to sew. Francis began designing and selling fitness apparel on Gymshark’s website in 2013, branching out from supplements.
He displayed Gymshark’s products at the BodyPower fitness trade show in Birmingham in 2013. Following the conclusion of the trade show, a tracksuit went viral on Facebook, generating £30,000 in sales in 30 minutes. Francis later dropped out of university and quit his job at Pizza Hut to devote his full attention to the company. Francis marketed the brand as a start-up by collaborating with social media influencers such as YouTube bodybuilders Nikki Blackketter and Lex Griffin. Gymshark was one of the first companies to heavily rely on social media influencers.
Francis resigned as CEO of the company in 2015 to become chief marketing officer, chief brand officer, and chief product officer. He stated at the time that the change would allow the company to “grow even faster” and give him time to “work on my weaknesses and become a more rounded businessperson.
Gymshark opened a new £5 million headquarters in Solihull, West Midlands, in 2018. Gymshark opened its own branded gym and innovation hub in 2019. Gymshark has been on The Sunday Times Fast Track list of fast-growing private companies since 2016. Currently, the company sells its products in 131 countries.
Gymshark sold a 21% stake to US private equity firm General Atlantic in August 2020, valued at more than £1 billion. Francis currently owns more than 70% of the £700 million company. He will return to the role of CEO in August 2021.
