In this article, you will learn about the net worth of Alex Hormozi, his age, background, wife, fitness & books. So let’s get started.
Who is Alex Hormozi?
Alex Hormozi is a successful business investor and serial entrepreneur. He has recently gained social media fame due to his remarkable achievements. He is the owner of acquisition.com, which is a portfolio of companies generating approximately $85 million a year.
Alex claims that he has made millions by teaching people how to get more customers, make more profit per customer, and keep them for longer. He is on track to become a billionaire within a few short years.
Alex Hormozi is a first-generation Iranian-American entrepreneur, investor, philanthropist, and author who founded and manages Acquisition.com.
The company helps other businesses grow their sales and profits. Additionally, he has shared his secrets to scaling businesses in his book, “$100M Offers“
To understand who Alex Hormozi is, one must go deep into his past. Alex was raised by a single father who immigrated from Iran unable to speak English and with nothing but a briefcase and clothes on his back.
Alex was pushed to achieve greatness in life, starting with Academia due to the difficult life his father had,. After graduating high school, Alex went to Vanderbilt College.
Surprisingly, he was the president of his fraternity and vice-president of Vanderbilt powerlifting. He graduated an entire year early with Magna Cum Laude honors.
Alex’s Professional Journey
After graduation, Alex immediately began working as a space cyber and intelligence consultant, making more money than any young 22-year-old could hope for.
He bought an apartment in a high-rise apartment building on the East Coast. However, this was his Rock talk moment, where he had achieved everything typical advice would suggest, yet he hated life.
Up until this point, he had done everything under the guise of making his father proud.
Within two years, he had lost his will to live and, against his father’s will, sold everything he owned and moved across the country to California.
This caused a rift between him and his father, who thought Alex was making a huge mistake by squandering the degree his father paid for and wasting his amazing job opportunity.
After being estranged from his father and after the sale of his apartment combined with his life savings, he had fifty thousand dollars to live on.
Alex had been lifting since his young teenage years, so fitness was nothing new, but running a business was.
He proceeded to email every major gym owner whose contact information he could find, and on his 40th attempt, one fateful owner agreed to let him work for free in exchange for teaching him the business.
Alex’s First Gym
Within three months and after spending the last of his fifty thousand dollars, he opened his gym.
With no income and no money left, he was forced to sleep on the floor of his newly opened gym.
Fortunately, the massive risk Alex had taken paid off as he began to fall in love with the business, and customers began flooding into his gym.
Within nine months of opening his first gym, he was ready to open his second. Within the next two years, he had opened five gyms, a dental marketing agency, and a chiropractic marketing agency.
It was at this point he realized he had a gift at opening the gym successfully but made the lion’s share of his profit during the opening. So he started his eighth business, Gym Launch.
Net Worth of Alex Hormozi
Estimations say that Alex Hormozi has a net worth of $18 million. He achieved this by scaling and exiting seven different businesses across various industries.
In 2013, he founded his first brick-and-mortar business, a gym chain, and grew it to six locations in three years before selling the locations and transitioning to the turnaround business.
Using his proven model, he helped over 32 brick-and-mortar businesses improve their performance and scaled his process to over 4,000 locations in just four years.
He founded and scaled three other companies to $120 million in cumulative sales across various industries without taking on outside capital.
His most notable exit was the majority sale of his licensing company for $46.2 million in 2021.
Today, he invests his wealth and expertise into other businesses through Acquisition.com, generating upwards of $100 million per year in cumulative sales across four different industries.
Alex Hormozi’s net worth is currently estimated to be around $20 million. He founded his first company, College Works Painting, while still in college. Surprisingly, the company grew to over $50 million in annual revenue.
He also invested in a wide range of real estate projects and ventures, including purchasing single-family homes to fix and flip and commercial real estate investments.
Through his real estate investments and business ventures, Alex Hormozi has been able to amass an impressive net worth and become a millionaire entrepreneur while still in his 30s.
Age of Alex Hormozi
While there are various articles claiming that Alex Hormozi was born on August 18, 1982, in the United States.
But his actual date of birth and zodiac sign remains unknown as he has not made them public. However, he may have revealed his age in some interviews.
If you’re interested in finding out his exact date of birth, one suggestion is to check out his Instagram page. Because he may post photos of his birthday celebration, which could reveal his birth date.
Wife of Alex Hormozi
Alex Hormozi married Leila Hormozi. Leila is his business partner and co-founder of Acquisition.com.
Leila Hormozi is an entrepreneur and investor with expertise in operations and systems, having used her unique methods to help more than 1000 businesses achieve seven-figure revenues and beyond.
She is the author of the book “The Leverage Equation: How To Work Less And Make More In Any Business”.
Alex and Leila Hormozi first met each other through their mutual interests in fitness and entrepreneurship.
In 2019, they married and have been working together ever since. They share a common goal of making a positive impact on the world through their businesses and philanthropic activities.
Books by Alex Hormozi
Alex Hormozi published the book $100M Offers: How To Make Offers So Good People Feel $tupid Saying No in 2021, which he authored.
The book draws from his experience of scaling over 1000 businesses. It presents his unique offer creation framework to guide entrepreneurs in crafting irresistible offers.
These offers can increase conversions, attract more customers, reduce refunds, raise prices, and create a loyal following.
The book covers a range of topics. These topics include identifying the ideal customer and their pain points.
It also covers creating an offer that outperforms the competition, positioning the offer as the best choice, adding value without increasing costs, utilizing psychological and persuasion techniques, and testing and optimizing the offer for maximum results.
The second book which he announced to release on 19th August 2023 is $100M Leads. He worked on the $100M leads project for the last 4 years. Finally, in June 2023, he announced the release of the $100M Leeds book. He is hosting a free live launch event on the release date of the book. If you are interested you can sign up here. You will get special bonuses when you join live events.
If you want to know more about $100M Leads, like which chapters, what content, and any other information you can read our post on “$100M Leads: What to Expect“.
My Final Verdict on the Net Worth & Background of Alex Hormozi
In conclusion, Alex Hormozi’s journey is one of perseverance, determination, and taking risks. Alex has scaled 7 successful businesses across different industries.
Additionally, He has also helped others grow their sales and profits through his company Acquisition.com.
He is also the author of the book $100M Offers: How To Make Offers So Good People Feel $tupid Saying No, which reveals his secrets to scaling businesses. He started eight successful businesses, driven by his father’s difficult life, which pushed him to achieve greatness.
Finally, while it may be challenging to determine the net worth of Alex Hormozi precisely, I personally believe that it exceeds 20 million dollars.