Prepare to be amazed as we uncover the incredible story of Kayla Itsines, a 34-year-old Aussie who has left the world, especially the Americans, in awe with her extraordinary net worth. This fitness influencer and author has not only built an empire but has done so at an incredibly young age.
Kayla, the founder of the popular workout app 'Sweat', boasts an impressive 15 million followers on Instagram. Her journey began in her parents' backyard, a true rags-to-riches tale. But here's where it gets controversial...
In a recent interview with James Dumoulin, the internet personality behind 'The School of Hard Knocks', Kayla revealed that she became a millionaire at just 22 years old. However, her wealth took an even more astonishing turn in 2021 when she and her business partner sold their company for a whopping $400 million.
But this success story doesn't end there. Kayla shared a valuable lesson, one that many entrepreneurs might disagree with. She believes that when selling a business, it's crucial to detach yourself from it, a perspective that challenges the traditional idea of building a brand around oneself.
'I think I did it wrong,' she confessed. 'If I could do it again, I'd remove myself as part of the company.'
Kayla explained that being so closely associated with her business made it difficult to let go, even after the sale. It's a unique insight into the challenges of stepping back from a venture that has become an extension of oneself.
When asked about making money work for you, Kayla emphasized the importance of diversification. She shared an intriguing example, revealing that her first investment, a petrol station (or gas station, as Americans would call it), brought her great joy and a steady income stream.
'I was so excited when I bought it,' she said. 'It's cool to see rent coming in from a gas station. It's about diversifying your wealth, because one day the internet might shut off.'
Kayla's journey is a testament to the power of taking risks and thinking outside the box. Her story has inspired many, with comments ranging from awe to self-reflection. Some expressed jealousy, while others were reminded of their own struggles with poverty.
'I have no issue with these rich people. I'm just jealous of myself,' one commenter admitted.
And this is the part most people miss: In 2024, Kayla bought back her company, 'Sweat', for an undisclosed amount, rumored to be significantly less than the initial sale price.
So, what do you think? Is Kayla's approach to business and wealth a recipe for success or a controversial strategy? Share your thoughts in the comments below!
