Does Oprah Own Weight Watchers? Everything You Want to Know About Her Involvement in the Company
Oprah might have lost weight with Weight Watchers, but she has gained a whole lot more. The self-proclaimed bread-lover reportedly lost around 41 pounds on the program in 2016 but has since gained millions of dollars from her 2015 investment.
Curious to know about Oprah’s Weight Watchers investment deal? We share the details, ahead.
How much did Oprah invest in Weight Watchers
In 2015, Weight Watchers announced one of its most significant — and most famous — investors yet: Oprah Winfrey. According to the company’s report, Oprah invested $43.20 million for 6,362,103 shares. At the time, one share cost $6.79.
Today, several reports state that Oprah owns about ten percent of Weight Watchers stock with the potential to grow that by five percent. If that happens, the media mogul will increase her overall stake to a whopping 15 percent. As part of her 2015 deal, Oprah has an opportunity to purchase 3.5 million more shares at $6.97 a piece. The deal would save her millions, as a single Weight Watchers share quadrupled since her initial investment.
How much money has Oprah made on Weight Watchers
Since her initial investment, Oprah has seen a significant return. According to Business Insider, Oprah made millions off the bet with a total profit amounting to $300 million. “Including the initial investment of $43 million, her full stake is now worth more than $500 million,” the publication reports.
That said, Weight Watchers spike in success has little to do with its business model. In fact, in many ways, Oprah (and Weight Watchers) has herself to thank for the profit.
The face of Weight Watchers
Several reports state that Weight Watchers didn’t make Oprah money, Oprah made Oprah money. In addition to investing big money, Oprah also became the face of Weight Watchers and her “I love bread” commercials paid off tremendously. Her weight loss journey — and involvement in advertising and brand visibility — has not only made her millions, but it also inspired countless Oprah fans to invest in their weight loss journey through the company’s membership program.
“Since Oprah became the face of the company, Weight Watchers has posted eight consecutive quarters of membership increases,” Fortune reported in January 2018. Because of her promotional efforts, Oprah was able to drive the company’s — and her own — success by the millions.
Oprah’s net worth
Albeit in the millions, Oprah’s Weight Watchers deal amounts for a small fraction of the media mogul’s overall net worth. According to Forbes Real Time Net Worth ranking, Oprah’s net worth amounts to around $2.9 billion. The former talk show host has a career that spans four decades with significant investments — such as Weight Watchers — that have paid off along the way.
Her talk show profits, which she has reinvested, add up to around $2 billion. She also owns 25.5% of her cable channel, Oprah Winfrey Network (OWN), which amounts to approximately $75 million. That combined with her Weight Watchers investment, and other opportunities make her one of the most successful self-made women in the world.
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