Biography & Early Wealth Journey

Just two days after Oprah invested, her shares were worth $73 million, and the company's value soared up to $1.4 billion in the following months, peaking in November 2015. A year later, Weight Watchers stocks crashed as the fitness market moved towards wearables and other fitness apps. Winfrey lost $117 million when the value of the company dropped by 66%.

In September 2016, their CEO, Jim Chambers, had announced that he would be leaving. This was a major blow to the company because shareholders were unsure if a new CEO would be able to continue the digital initiatives he had introduced to the company.

Winfrey introduced new advertisements that helped to boost awareness for the company a few months later. Weight Watchers also announced a partnership with Apple Watch. This partnership with Apple puts Weight Watchers back in contention with the modern fitness industry. It provides users with a subscription to Weight Watchers OnlinePlus plan and access to the SmartPoints food plan.

The new fitness app also includes an activity monitor, personalized programs and access to a members-only Connect community. It is especially appealing to a younger male demographic that has been difficult for Weight Watchers to target over the past few years.

Primary Income Streams & Multi-Million Contracts

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A hunt for a new CEO resulted in hiring Mindy Crossman, former CEO of the Home Shopping Network. She will start her tenure with the company in July. Crossman was largely responsible for growing HSN's digital sales to be worth half of the company's annual revenue of $3.6 billion, and investors hope that the company will continue to grow its digital presence under her guidance.

With things looking up for the major fitness company, the value of Winfrey's stake should continue to rise. Her $43 million stake is currently worth $154 million, and she has the option to increase her stake by 15% to further boost its value. With their new partnership with Apple, a new CEO at the helm, and Oprah Winfrey continuing on as the face of the company, Weight Watchers is making a comeback.

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