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Ben Francis
Gymshark
£1.1 billion
Ben Francis
CEO
20
32
Aston University but dropped out
Entrepreneur
Gymshark
Retail
£458.6m
£3.2m (profit before tax)
2012
Solihull, UK
gymshark.com
Ben Francis transformed Gymshark from a garage-based side-project into a global fitness-appeal brand. In 2012, while still studying at Aston University and working part-time for Pizza Hut, Francis launched Gymshark from his parents’ garage in the West Midlands, initially drop-shipping supplements and then pivoting into apparel after learning to sew with help from his grandmother. Gymshark’s early breakthrough came at the BodyPower expo in Birmingham, where a viral tracksuit sale helped trigger rapid growth online.
Gymshark grew quickly by using Instagram influencers to promote their hoodies, leggings and other kit. In 2020, a partial sale of 21 per cent to private-equity firm General Atlantic valued Gymshark at over £1bn, giving Francis the status of one of the UK’s youngest self-made billionaires. He remains majority owner and CEO of Gymshark, driving its growth into physical retail stores in Dubai, Bicester Village, Stratford Westfield and on London’s Regent Street.
Great British Billion-Pound Founders
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