What Is Ellen Latham’s Net Worth?
As of 2024, Ellen Latham, the American businesswoman, entrepreneur, and author best known as the founder of Orangetheory Fitness, has an estimated net worth of $200 million. This valuation reflects her success in the fitness industry, primarily through her ownership and development of the Orangetheory Fitness brand.
The Rise of Orangetheory Fitness
Ellen Latham’s career trajectory took a significant turn after she was unexpectedly fired from her job in her 40s. In 2010, she co-founded Orangetheory Fitness with David Long and Jerome Kern. The fitness concept quickly gained traction, expanding to over 1,300 studios across all 50 U.S. states and more than 20 countries, including Australia, Canada, China, Germany, Japan, Mexico, Spain, and the United Kingdom. By 2019, Orangetheory Fitness had grown into a $1 billion global brand. This rapid expansion and brand recognition significantly contributed to Latham’s net worth.
From Fitness Expert to Entrepreneurial Success
Before founding Orangetheory, Ellen Latham established herself as a fitness expert. She is a physiologist, owned Ellen’s Ultimate Workout gym in Florida, and created The Ultimate Workout. She holds a master’s degree in exercise physiology and has worked at prestigious spas such as Bonaventure Spa, Williams Island Spa, and The Eden Roc Spa. Latham also served as a TV fitness expert and was named Businesswoman of the Year in South Florida. Her role as a fitness editor for Women’s Fitness magazine further solidified her reputation in the industry. The foundational success of Orangetheory can be attributed to her early fitness career.
Even its basic membership costs $79/month which explains the overall worth of the company really well.