If you don't own a pair of Spanx, then girl, I wish I had your body. The shapewear took the fashion world by storm twelve years ago, smoothing away our lumps and bumps. Now its creator, Sara Blakely, is making waves in the financial world.
Blakely was recently inducted into Forbes' billionaire list, but she's not just any billionaire. As it turns out, with Spanx worth an estimated one billion dollars, and Blakely's age clocking in at 41 years, she is the youngest self-made billionaire.
What's even more impressive is that she is the sole owner of the company, which she started with just $5,000 in savings. What's also noteworthy is that Sara Blakely hasn't spent any money on advertising. That's right, word of mouth (especially celebrity word of mouth) is responsible for the shapewear's success, and its results.
Can you even imagine fashion without Spanx?
Text Ashley Amidon
Source and Image MSN Powerwall
