Oprah Sells a Quarter of her Weight Watchers Shares

Oprah Winfrey’s investment into Weight Watchers International is paying off.

The media mogul sold a quarter—or around 2 million—of her shares of the company, according to Bloomberg. 

The windfall made Winfrey $110 million, per reports.

Some of her shares were donated to her foundation, while it sold for  $22.6 million, per Bloomberg.

Winfrey sold her shares to diversify her portfolio and will retain 75 percent of her ownership in Weight Watchers, according to the press release.

“I am deeply committed to Weight Watchers and continue to see a bright future for the company,” she said in the release. “I believe in Weight Watchers and I’m inspired every day by the millions of people around the world who are leading healthier and more fulfilling lives.”

She famously signed on to be a spokesperson for the health and wellness brand after she bought 10 percent of the company in 2015 for $43 million.

The company’s has increased membership since Winfrey signed on and its stock performance has performed very well, even surging 13 percent after her Golden Globes speech in January.

Share on facebook
Share on twitter
Share on pinterest
Share on linkedin
Share on whatsapp
Share on email
Share on print

Leave a Comment

INSTAGRAM

No any image found. Please check it again or try with another instagram account.

FACEBOOK

REGISTER TODAY!

Subscribe to our mailing list.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy
WeCreativez WhatsApp Support
Our support team is here to answer your questions. Ask us anything!
👋 Hi, how can we help?