Greg Glassman Net Worth: $1 Billion
The WODfather is one of the most successful fitness entrepreneurs in history. His gym chain, CrossFit, has grown into a multi-million dollar business with over 1,000 locations worldwide. He’s been featured on TV shows like “Dancing With The Stars” and even appeared on the cover of Men’s Health magazine.
Glassman started out as a personal trainer at his home gym, but quickly realized that there was much more money to be made if he could market himself through television commercials and other media. He created CrossFit gyms all across the country, including ones in New York City where he lives today. While it took him three years to get off the ground, within five years he had opened up 30 locations nationwide.
In 2005, Glassman founded CrossFit Inc. (CFI), which now owns and operates CrossFit gyms. CFI also develops its own programs, such as the CrossFit Games, which have attracted athletes from around the world.
CrossFit Inc.’s success has allowed Glassman to become very wealthy. The company is now worth over $10 million, and Glassman owns a majority stake in it. He resides in a luxury penthouse on New York City’s Upper East Side.
He has also given significant funding to various charitable causes, such as the CrossFit Foundation which works with at-risk youth.
On top of all this, he still finds time to train people one-on-one at his personal gym. He is 58 years old and still one of the most famous Crossfit coaches in the world.
“WOD” stands for “workout of the day”. This is a daily post that Crossfitters are encouraged to do. These are usually a combination of weightlifting, gymnastics, and running. They’re supposed to be very difficult, but only take around 20 minutes to complete.
Greg Glassman has been an important figure in the fitness world for decades now. He is known for being a hands-on leader who encourages fitness on a daily basis. His success with Crossfit has made him a multi-millionaire, and he shows no signs of stopping anytime soon.
Sources & references used in this article:
The success of CrossFit and its implications for businesses of all types by S Gomillion – 2017 – trace.tennessee.edu
Off Course: Inside the Mad, Muddy World of Obstacle Course Racing by E Beresini – 2014 – books.google.com