Alex Hormozi is a first-generation Iranian-American entrepreneur, philanthropist, and investor.
In 2013, he opened his first physical store. He successfully expanded his business to six locations in three years. He then sold his locations in order to focus on the turnaround business.
He then spent two years turning around 32+ brick-and-mortar businesses using the same model that had made his privately owned locations successful.
Following that experience, he packaged his process into a licensing model that scaled to over 4000 locations in four years.
During the same four-year period, he founded and scaled three other companies to $120M+ in total sales across four industries (software, service, e-commerce, and brick-and-mortar) without relying on outside capital.
He has scaled and exited seven businesses. His most notable exit was the majority sale of his licensing company for $46.2M in 2021.
In 2020, he transitioned from C.E.O. to owner/shareholder in these companies, and he founded Acquisition.com to invest his own wealth (both monetary and intellectual capital) in other businesses. The portfolio is built around his investment thesis, which focuses on asset-light, high-cash-flow, sales-focused service and digital products companies.
He’s well-known for his knowledge of customer acquisition and monetization.
Alex Hormozi net worth
Alex has sold more than $100 million to date. As he continues to generate ideas, his fortune is expected to grow. The businessman’s most recent venture is Acquisition.com, a company created to assist low- to mid-level entrepreneurs.
His three profitable brands are said to generate approximately $85 million per year. His earnings from his podcast, as well as his two published books, Gym Launch Secrets and $100M Offers, are included. As a result of all of this, Alex Hormozi net worth is $18 million.
Alex Hormozi’s Expenses
Alex is a philanthropist in addition to being an entrepreneur and investor. He contributes to non-profit organizations that help poor youngsters.
Besides that, not much is known about how he spends his cash.
Alex Hormozi’s source of income
The most visible example of a multimillion-dollar business is Gym Launch. This organization is a decentralized network of gyms. Alex is not their proprietor. He sells the right to use his company’s name and brand.
By 2022, the number of partner fitness clubs will have surpassed 1500. They are spread across four continents. Hormozi earns money from all over the world. It is difficult to provide an accurate estimate of the enterprise’s worth. It could easily bring Alex more than ten million dollars.
Alex gets his money from these ventures:
- Sale of books and youtube monetization;
- Investment activities within the framework of Acquisition;
- Personal assistance in business scaling;
- Gym Launch.
Alex Hormozi’s assets, cars, and house
Alex Hormozi recently sold three businesses for approximately 62 million dollars. He also got rid of two exotic cars and sold his $400,000 mansion in Austin, Texas.
So, aside from the Acquisition.com hat, a few flannels, and some Breathe Right strips, Mr. Mozination has almost no material possessions.
Alex Hormozi’s net worth growth year-wise
The table below highlights Alex Hormozi’s net worth growth over the years.
|Alex Hormozi’s Net Worth in 2022||$18 million|
|Alex Hormozi’s Net Worth in 2021||Unknown|
|Alex Hormozi’s Net Worth in 2020||Unknown|
|Alex Hormozi’s Net Worth in 2019||Unknown|
|Alex Hormozi’s Net Worth in 2018||Unknown|
Alex Hormozi’s biography family, parents, spouse girlfriend
Alex Hormozi was born in the United States on August 18, 1992, to an Iranian-American family. His given name is Alex. His parents’ names have not been revealed.
He is 30 years old and stands 5 feet 9 inches tall.
The marital status of Alex Hormozi is married. Leila Hormozi is his wife’s name. They first became business partners before becoming life partners. They tied the knot in May of 2017 and recently celebrated their sixth wedding anniversary.
Alex does not currently have any children.
|Father Name||Not Known|
|Date of Birth||August 18, 1992|
|Height||5 Feet 9 Inch|
|wife/ Gf||Leila Hormozi|
|Wikipedia link||No article yet|
Alex Hormozi: Career Awards and Recognition
In September 2019, Alex Hormozi got the Gold Stevie Award for his firm. He has also built a profitable portfolio of his own. His successful “Gym Launch” is one of his proudest achievements
Alex Hormozi Education
In terms of education, he completed high school at Gilman School in Maryland in 2008.
During his school days, he was an avid participant in outdoor sports such as soccer and tennis.
He continued his education at Vanderbilt University, where he earned a bachelor of science (B.S.) degree in Human & Organizational Development. In 2011, he graduated from this three-year program.
Alex Hormozi and controversies
Alex Hormozi has not been involved in any controversies
That is it—all the latest information on Alex Hormozi.
Alex Hormozi believes that hard work and consistency can make anyone a millionaire.
His story tells us that everyone needs to start somewhere and that there is always an opportunity for improvement.
Alex Hormozi began his career homeless, running a failed gym, but thanks to his wife and partner Lelia Hormozi’s grit and determination, he is now a successful author, philanthropist, entrepreneur, and wealthy C.E.O. of Gym Launch, Prestige Labs, and A.L.A.N.