The TV mogul said she lost 26 pounds on her Weight Watchers diet. Even better, her wallet got a lot fatter. According to Market Watch, Winfrey racked in a whopping $12 million for merely writing about how she was able to lose weight and still eat bread.
In her testimonial clip posted about 16 hours ago, Oprah said,
“I lost 26 pounds, and I have eaten bread every single day.”
An hour after O sent her story into the Twitterverse, Weight Watchers shares climbed slightly over $2 a share, and since Winfrey owns roughly 6 million shares, the surge in share prices made the celeb $12 million just like that.
— Oprah Winfrey (@Oprah) January 26, 2016
Oprah as a board member and large share owner of the company. She’s made a fortune since her October investment. Using a price of $13 a share from Tuesday afternoon, that means she’s made $61 million on her total investment.
On a per-pound basis, that’s $2.36 million of profits gained for each pound lost. She has the best of both worlds: getting richer while getting slimmer.
Oprah’s October investment came at a price of $6.79 per share. She bought about 6.36 million shares, which cost her $43.2 million.