Does Oprah still own part of WW?

Entertainment mogul Winfrey made a large personal investment in WW in October 2015 and continues to hold stock. She is also the company’s spokesperson through 2025.

Does Oprah still endorse Weight Watchers?

Winfrey has a partnership with WW, formerly known as Weight Watchers, and has owned a stake in the company since 2015.

How much does Weight Watchers pay Oprah?

Whatever Weight Watchers is doing, it’s working out fabulously for Winfrey. She bought her stake in Weight Watchers for $43.5 million back in October 2015, and that investment is now worth more than $400 million.

Did Oprah buy Weight Watchers company?

Winfrey first partnered with Weight Watchers in October 2015, when she bought 6.4 million shares at $6.79 a share, worth $43.2 million at the time, according to a Securities and Exchange Commission filing. The stock has rocketed nearly 450% since then and trades around $38 per share.

Who owns Weight Watchers now?

Since 1999, the chairman of the company has been Raymond Debbane, co-founder and CEO of The Invus Group. In 2015, Oprah Winfrey purchased a 10 percent ownership stake in WW International and serves as a member of the board of directors.

Is Oprah still on WW 2021?

Goodbye two-week old cake, hello hydration. ‘ WW can use a boost from Oprah — who is also an investor and board member at the company — after sales and membership shrunk in 2021 amid the pandemic. Her marketing contract with WW is up in 2023, but she has agreed to serve as an adviser for the company through May 2025.

Who currently owns Weight Watchers?

Is Weight Watchers losing money?

[11/30/2020] Weight Watchers Digital Transformation The decline is driven primarily by lower Revenues at the company’s Studio business (43% of total revenue mix in 2019), which was impacted as people stayed home and avoided public places due to Covid-19 lockdowns.

What diet is Oprah on?

She averages about 1,700 well-balanced calories daily, and her diet is about 20 percent protein, 30 percent fat (and rich in healthy fats), and 50 percent carbohydrates (good ones like whole grains, fruits, and vegetables).