Sara Blakely

About Sara Blakely

Sara Blakely is the founder and part owner of shapewear brand Spanx, which sells undergarments, leggings and apparel.

In late 2021, Blackstone bought a majority stake in Spanx in a deal that valued the company at $1.2 billion.

A onetime door-to-door fax machine salesperson, Blakely created Spanx at first using pantyhose to wear under white slacks.

She initially shilled her new invention, which became shapewear brand Spanx, on the sales floor at various Neiman Marcus stores.

While Spanx is a celebrity favorite, Blakely is becoming a celebrity herself. She was a guest judge on 'Shark Tank' and had a cameo in 'Billions.'