lost 26 pounds on her Weight Watchers diet.
Even better, her wallet got a lot fatter. According
to Market Watch, Winfrey racked in a whopping
$12 million for merely writing about how she was
able to lose weight and still eat bread.
"I lost 26 pounds, and I have eaten bread every
single day," she said in her testimonial clip.
An hour after O sent her story into the
Twitterverse, Weight Watchers shares climbed
slightly over $2 a share, and since Winfrey owns
roughly 6 million shares, the surge in share
prices made the celeb $12 million just like that.
Oprah as a board member and large share owner
of the company.
She's made a fortune since her
October investment. Using a price of $13 a share
from Tuesday afternoon, that means she's made
$61 million on her total investment.
On a per-pound basis, that's $2.36 million of
profits gained for each pound lost.
She has the best of both worlds: getting richer
while getting slimmer.
Oprah's October investment came at a price of $
6.79 per share. She bought about 6.36 million
shares, which cost her $43.2 million.
She was also granted 3.51 million options to buy
shares at that same $6.79 price.
Combining
shares and options, her total stake is worth
almost 10 million shares — 9.88 million shares to
be more specific.
The stock has practically
doubled in that time, even including the rapid
decline in the past several weeks.
0 comments:
Post a Comment