October 22, 2021 Sophia Vida
Company News

Spanx is Now Worth $1.2 Billion in Blackstone Deal

It’s been a remarkable journey for Sara Blakely who founded Spanx Inc. in 2000 with only $5,000 from her personal savings account. Today the company is worth $1.2 billion thanks to a Blackstone deal. Blakely, 50, will retain a significant interest in the Atlanta-based maker of shapewear and pantyhose, according to a statement from the … Continue reading “Spanx is Now Worth $1.2 Billion in Blackstone Deal”