About

Net Worth

Article

Alex Hormozi

Entrepreneur, investor, author, actor, internet personality, public speaker, podcast host, and philanthropist

Profession

Leila Hormozi

Spouse

Las Vegas, Nevada, United States

Current Location

United States

Birthplace

Vanderbilt University

University

2.4M

2.1M

827.8K

598.4K

Short About

Alex Hormozi is a high-achieving Iranian-American entrepreneur, author, and podcast host. He is best known for his successful ventures in the fitness industry, where he built and scaled multiple gym businesses and developed innovative customer acquisition strategies. With his charismatic personality and expertise in business growth, Hormozi has gained a significant following online, inspiring others through his books, podcast, and entrepreneurial insights.

Did you know?

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Born and raised in the United States, first-generation Iranian-American.

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Tri-varsity athlete in high school.

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Graduated Magna Cum Laude from Vanderbilt University in just three years.

Line art drawing of a man, representing Alex Hormozi, first shown in a suit with a briefcase, then changing into gym attire.

Initially worked as a management consultant before starting his own business.

Line art drawing of a man, representing Alex Hormozi, holding a gym bag filled with money, with a dumbbell resting on top.

Used his savings of $60,000 to start his fitness venture.

Line art drawing of a man, representing Alex Hormozi, sitting in a modest room containing a bed, a desk, and some gym equipment.

Lived in a rented room for $400 per month while establishing his gym business.

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Grew a mustache for confidence but shaved it off for branding purposes.

Line art drawing of a man, representing Alex Hormozi, walking with a backpack, passing a route marker labeled '100 miles', and a map displaying the original 300-mile plan.

Walked 100 miles for a video idea instead of the initial plan of 300 miles.

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Started United Fitness in 2013, which grew to six gym locations.

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Successfully transformed 32+ brick & mortar businesses in two years.

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Created a licensing model that was adopted by over 4000+ locations.

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Founded and scaled three other companies to $120M+ in cumulative sales.

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Founded Gym Launch in 2016, which helped over 4,500 gyms grow sustainably.

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Launched Prestige Labs and Movement Apparel in 2019.

Started ALAN, a software company, in 2020.

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Established Acquisition.com in 2020 to invest in founder-owned businesses.

Line art drawing of a man, representing Alex Hormozi, handing over a key, with a check for $46.2M visible in the background.

Sold his licensing company for $46.2M in 2021.

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Has authored three bestselling books.

Hosts the popular podcast 'The Game Changer'.

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Met his wife, Leila, through the dating app Bumble in 2017.

Net Worth

Estimated Net Worth:10 - 20 Million

A visual depiction symbolizing an entrepreneur, representative of Alex Hormozi, featuring various income avenues such as gym chains, licensing models, and software companies. The illustration highlights his multifaceted business acumen and financial success in managing a diverse business portfolio.

Alex Hormozi's scaling and exit of multiple companies and diverse portfolio under Acquisition.com places his net worth in the 10 - 20 million range.

Alex Hormozi Biography

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First Steps in the Business World

Following two years as a consultant, Hormozi left his defense contracting career and dived into business ownership. His first venture was United Fitness, a chain of six gyms, which he later sold and entered into the role of a business turnaround expert.

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Transition to Gym Launch

A groundbreaking presentation to gym owners marked a pivotal moment in Hormozi’s career. Gym Launch, designed around Hormozi's unique client acquisition and monetization model, took off, spreading its influence to 4,000+ locations in just four years.

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Expanding Horizons

Hormozi’s entrepreneurial spirit continued to shine, leading to the creation of Prestige Labs and Movement Apparel, followed by ALAN and Acquisition.com. The cumulative sales from these ventures amounted to over $120 million. Acquisition.com remains a testament to his successful ventures, managing 16 companies with an impressive turnover of over $200 million per year.

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Making a Mark Outside the Business World

Using his free time productively, Hormozi explored other arenas like writing and podcasting, spelling out his business success formulas in books like “$100M Offers" and "$100M Deals”. The launch of “The Game Changer” podcast showcased his insights on a new platform. Proving he can practice what he preaches, Hormozi handles his personal finances astutely, free of loans, and once gifted $120,000 to Grant Cardone.

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Giving Back to the Community

Working for causes that provide quality education, Hormozi channelizes his philanthropic efforts through The Hormozi Foundation within the United States. He also contributes to non-profits supporting education, sitting on the boards of organizations like LAUSD Innovation Zone and Code Nation.