Alex Hormozi Net Worth 2023: How Did The Fitness Entrepreneur Become Rich?

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Alex Hormozi Net Worth

Alex Hormozi is a fitness entrepreneur and the founder of three successful companies. As of 2023, his net worth is $15 million.

Hormozi is a big-time fitness enthusiast. He is also the author of two books. Many people know him as the host of “The Game Podcast.”

He is also quite famous on social media. He shares his secrets to success with his thousands of followers on YouTube and Instagram.

If you are intrigued to know more about Alex Hormozi and how he became a millionaire, you should give this post a read.

Personal Life

Alex Hormozi is a married man. His wife Leila Hormozi is his biggest support system. The two met during the time of Gym Launch and started dating immediately. She helped Alex build his business.

After dating for more than a year, the two got married. They are now living happy married life.

Family and Early Life

Alex Hormozi was born on 18th August 1989 in the United States. He has Iranian ancestry. His family immigrated to the U.S. several years back.

Alex started developing an interest in bodybuilding and fitness at a very young age. He always wanted to look good and started working on his body.

To pursue a bodybuilding career, he started learning the fundamentals after finishing school.

Education Background & Early Career

As per sources, Alex Hormozi attended Vanderbilt University, where he earned a B.A. degree in Corporate Strategy in 2011.

After college, he started working as a consultant in a government agency. But he was not happy with his job. He decided to quit his job and launched his first six gyms.

Gym Launch

Due to limited experience, Alex’s gym business had a rough start in the beginning. However, he gradually learned how to build his business from scratch and attract customers with his marketing strategies.

Once he started his business, he made sales of $10,000 per month. As his business started to grow, he was contacted by other gym owners. They wanted to know how he is growing his business in such a competitive market. This is when he founded Gym Launch.

He started mentoring other gym owners and helped them develop their businesses. In less than two years, Gym Launch helped 2000+ gym owners. With his guidance, many gym owners became millionaires.

After the grand success of Gym Launch, Alex founded Prestige Labs which focused on helping customers. It is a supplement company that offers a wide range of products.

In 2020, Alex established his third company called ALAN. He also hosts a podcast show called “The Game With Alex Hormozi.”

Earnings and Net Worth

Alex Hormozi became a millionaire after the success of his three companies. As per reports, his business revenue is over $100 as of 2023.

As his wealth continues to grow, he continues to scale his businesses. His most recent venture is Acquisition.com, a company that helps small to mid-size businesses.

As per sources, Alex Hormozi’s net worth in 2023 is around $15 million.

FAQs

1. How did Alex Hormozi get rich?

Alex Hormozi’s rise to success comes from the company he launched, Gym Launch. With the company, Alex went to different gyms and sold customers to the gym. This turned out to be a beneficial gig for him.

2. How much did Alex Hormozi make?

With a net worth of $100 million in 2023, Alex has acquired a lot of success at an early age. According to reports, he earned his first million at the age of 23.

3. What does Alex Hormozi invest in?

Alex makes the majority of his investment through acquisition.com. The firm focuses on investing through “asset-light, high cash flow, sales-focused service and digital products businesses.”