Peloton Founder Hits Billionaire Status on Exercise Frenzy
September 15, 2020
Peloton Interactive Inc. founder John Foley is now a billionaire, thanks to a stunning rally in his home-fitness company’s shares since the pandemic began.
After posting a video to Kickstarter in 2013, Foley, a cycling enthusiast, raised $307,000 to help get his fledgling in-home exercise startup off the ground.
The former e-commerce president at Barnes & Noble wanted to… READ MORE @ Bloomberg
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