Billionaire Profile
Ben Francis
Global Rank
#2604

Image: Public domain | via Wikimedia Commons

Ben Francis

CEO, Gymshark
GB
Real-Time Net Worth
$0.725B
As of December 2025
Age
33
Source
Fitness clothing
Industry
fashion-retail
Citizenship
GB

Biography

Ben Francis, born in 1992, is a British entrepreneur and the co-founder and CEO of Gymshark, a global fitness clothing brand. His wealth source stems from the success of Gymshark, which he started in 2012. With a net worth of $725 million as of May 2024, Francis has become a prominent figure in the fashion-retail industry. His career milestones include launching Gymshark from his parents' garage and leading the company to a valuation of over $1 billion. Francis was appointed a Member of the Order of the British Empire (MBE) in the 2023 New Year Honours for his contributions to business.

Wealth Over Time

In-Depth Profile

Early Life

Benjamin David Francis was born on June 4, 1992, in the West Midlands, England. He grew up in Bromsgrove, Worcestershire, and attended South Bromsgrove High School. From a young age, Francis showed an interest in computing and began his entrepreneurial journey by starting an online business selling car number plates. He developed an interest in fitness as a teenager, recognizing the value of structure and hard work, which he later applied to other areas of his life.

Rise to Success

In 2012, at the age of 19, Ben Francis co-founded Gymshark with his school friend Lewis Morgan. The company began as a dropshipping business selling fitness supplements. Recognizing an opportunity in the market for gym-specific apparel, Francis began designing and manufacturing his own fitness clothing from his parents' garage in Bromsgrove. He used a sewing machine and screen printer, initially investing £1,000 of savings. In 2013, Gymshark's products were exhibited at the BodyPower fitness trade show in Birmingham. The company's breakthrough came when a tracksuit went viral on Facebook, generating significant sales within minutes. Francis then left university and his job at Pizza Hut to focus on Gymshark full-time. Gymshark was one of the first brands to leverage influencer marketing extensively, partnering with fitness influencers to build a strong social media presence.

Key Business Strategies

Gymshark's success can be attributed to several key strategies. They were early adopters of influencer marketing, sending free products to fitness influencers on platforms such as YouTube and Instagram. They focused on a direct-to-consumer business model, allowing them to maintain high-quality products at competitive prices. The company's headquarters is located in Solihull, England. Gymshark has expanded globally, with a presence in over 230 countries. Gymshark opened its first retail store on Regent Street in London in October 2022.

Philanthropy

While specific philanthropy amounts are unavailable, Ben Francis and his wife, Robin Gallant, have supported mental health initiatives. They raised funds for young people struggling with mental health on their wedding day.

Career Milestones

2012

Founded Gymshark

Co-founded Gymshark with Lewis Morgan, launching the brand from his parents' garage.

2013

Breakthrough at BodyPower Expo

Gymshark's products gained significant attention at the BodyPower fitness trade show, leading to a surge in sales.

2020

Valuation of over $1 Billion

Gymshark was valued at over $1 billion after a 21% stake was sold to General Atlantic.

2023

Appointed MBE

Appointed a Member of the Order of the British Empire (MBE) for services to the business sector.

Philanthropy & Social Impact

Mental Health

Mental Health Support

$0

Raised funds for young people struggling with mental health.

Business Philosophy & Leadership

Notable Quotes

"I cannot believe I'm writing this, but Gymshark is worth $1.45 billion."