Alex Hormozi (born on 18 August 1992) is an American entrepreneur, author, and online influencer, who has made a name for himself in the business world with an estimated net worth is $100 million.
He is known for his skills in acquiring and monetizing businesses, and he has built a wide-ranging portfolio across different industries.
Let’s take a closer look at Alex Hormozi net worth, explore how he earns his money, and see how he has become a multimillionaire.
Alex Hormozi Net Worth
Alex Hormozi net worth is estimated to be over $100 million as of 2024. This amount has grown steadily over time, showing his sharp business sense and ability to grow operations across various fields.
Starting with a small gym business, his wealth has grown significantly, especially since he started his holding company, Acquisition.com.
Alex Hormozi Net Worth & Income Source | |
---|---|
Name | Alex Hormozi |
Net Worth | $100 million |
Annual Salary | $15 million |
Income Source | Entrepreneur, Investor, Author, and Philanthropist. |
When did Alex Hormozi Became a Millionaire?
Alex Hormozi became a millionaire when he was just 23 years old. Now in his 30s, he has accumulated substantial wealth, with an estimated net worth of $100 million.
His next major goal is to become a billionaire. To achieve this, Hormozi focuses on continuous learning and rapidly improving his skills.
Annual Salary and Earnings
Alex Hormozi annual salary is around $15 million as of 2024, showing a progressive increase as his ventures continue to thrive. His income has grown in tandem with his net worth, as shown below:
Years | Net Worth | Salary |
---|---|---|
2024 | $100 Million | $15 Million |
2023 | $85 Million | $12 Million |
2022 | $75 Million | $10 Million |
2021 | $60 Million | $8 Million |
Main Sources of Alex Hormozi Income
Alex Hormozi has built multiple sources of income through ventures like Acquisition.com, Gym Launch, and Prestige Labs. This overview covers how Alex Hormozi makes money and his future plans.
Acquisition.com
The main part of Alex Hormozi financial success comes from Acquisition.com, a holding company that manages a group of businesses.
The company invests in small parts of businesses that have the potential to grow. The money made from these investments is a big part of Hormozi net worth.
The company is involved with over 16 businesses, generating over $200 million in annual sales.
Gym Launch
One of Hormozi most successful ventures is Gym Launch. It started as a regular gym business but later became a licensing model.
Gym Launch helps struggling gyms improve their operations and has helped over 4,500 gyms achieve financial stability.
The success of Gym Launch has greatly added to Hormozi wealth, bringing in millions of dollars each year.
Prestige Labs
In 2019, Alex Hormozi launched Prestige Labs, a supplement company that provides gyms with high-quality nutritional products.
This business not only added another income stream to Hormozi portfolio but also strengthened his influence in the fitness industry.
Prestige Labs has become a key source of income for many gyms, further increasing Hormozi earnings.
ALAN
ALAN is a software company started by Hormozi in 2020, focusing on helping brick-and-mortar businesses attract more customers.
The technology developed by ALAN helps businesses double their customer traffic at a lower cost. In 2021, Hormozi sold most of his shares in ALAN to a partner, adding a significant amount to his net worth.
Alex Hormozi as an Author
In addition to his business ventures, Alex Hormozi has written several bestselling books that have added to his income.
His books, like $100M Offers and $100M Deals, give practical advice on building profitable businesses and making strong offers.
The success of these books has not only earned Hormozi significant royalties but has also established him as a leader in the business world.
Digital Presence and Online Income
YouTube Channel
Alex Hormozi YouTube channel is another important source of income. With over 2 million subscribers, his channel earns money through ads and brand partnerships.
The content focuses on business strategies, fitness, and personal development, attracting a large audience. It is estimated that Hormozi YouTube earnings add several hundred thousand dollars to his yearly income.
Podcast and Digital Marketing
Hormozi also hosts The Game Changer podcast, where he shares tips for increasing profitability and keeping customers.
The podcast, along with his digital marketing efforts, brings in additional income through sponsorships and affiliate marketing.
This online presence has further expanded Hormozi income streams, making him a significant figure in the digital content space.
Investment Ventures
Besides his established businesses, Alex Hormozi is also an active investor. He has invested in several founder-owned businesses that align with his growth philosophy. One notable investment is in Skool.com, a platform for digital entrepreneurship.
This investment, along with his real estate holdings and other ventures, continues to grow Hormozi wealth and secure his financial future.
Philanthropy and Charitable Contributions
Despite his financial success, Alex Hormozi is dedicated to giving back. He started the Hormozi Foundation, which focuses on improving access to quality education.
His charitable efforts also support healthcare initiatives and other causes. These contributions reflect his commitment to social responsibility and have an impact on his overall financial portfolio.
Personal Life and Lifestyle
Alex Hormozi lives in Las Vegas, Nevada, with his wife, Leila Hormozi. The couple is known for working together in business, often sharing insights and advice through social media.
Their lifestyle balances work and personal fulfillment, focusing on helping others achieve their business and fitness goals.
The partner is active on every social media, Instagram, YouTube, and more where they post his content to engage their audience.
Conclusion
Alex Hormozi net worth is a reflection of his entrepreneurial spirit, smart investments, and ability to grow businesses. From managing gyms to creating a diverse investment portfolio, Hormozi has built a financial empire that continues to grow.
His various income sources, including Acquisition.com, Gym Launch, and his online presence, ensure that his wealth is not only substantial but also sustainable.
More Net Worth Profile: Shenseea Net Worth 2024-Salary and Income Source