Category | Details |
---|---|
Net Worth | $20 million |
Salary | Not available |
Birthdate | February 21, 1958 |
Birthplace | Brooklyn, New York |
Gender | Male |
Height | Not available |
Profession | Fitness Guru |
Nationality | American |
What is Jake Steinfeld’s Net Worth?
Jake Steinfeld, the American fitness guru, has an estimated net worth of $20 million. He is widely recognized as the pioneer of personal fitness training, having played a significant role in creating and popularizing the industry. As the Chairman and CEO of Body by Jake, Steinfeld made a fortune by helping individuals achieve their fitness goals.
Highlights
– Net Worth: $20 million
– Birthdate: February 21, 1958
– Birthplace: Brooklyn, New York
– Gender: Male
– Profession: Fitness Guru
– Nationality: American
Early Life
Jake Steinfeld was born on February 21, 1958, in Brooklyn, New York. He initially attended college but decided to drop out to pursue a career in bodybuilding. In 1977, Steinfeld achieved an impressive second-place finish in the Mr. Southern California contest, notable because he was the only participant not using steroids.
Career
Steinfeld’s career took off when an actress noticed his physical fitness and paid him to train her for an upcoming bikini commercial. This encounter marked the beginning of the paid physical training industry. Word quickly spread about the trainer to the stars, and Steinfeld trained renowned individuals including Steven Spielberg, Harrison Ford, and Eddie Murphy. He even secured a small part in the movie “Coming to America” through his work with Murphy.
Media mogul Ted Turner recognized Steinfeld’s potential and signed him up to produce and star in a daytime show called “Fitness Freak by Jake.” In 1993, Steinfeld co-founded FitTV, the world’s first 24-hour fitness network. His show “Body by Jake” became incredibly popular, contributing to his substantial net worth. In 1997, FitTV’s parent company was acquired, earning Jake a considerable fortune.
Steinfeld went on to create ExerciseTV, the first on-demand fitness television platform, and launched FitOrbit, an affordable online digital platform connecting users with real personal trainers.
Personal Life
Jake Steinfeld’s niece is actress and singer Hailee Steinfeld, known for her role in the Coen brothers film “True Grit” and her Academy Award nomination. Jake’s brother, Peter, is Hailee’s father and is also a fitness trainer. Jake serves as the Honorary Mayor of Pacific Palisades, California, and has actively worked towards promoting physical fitness and sports in the state of California.
Net Worth Over Time
Jake Steinfeld’s net worth of $20 million reflects his immense success in the fitness industry. Through his various ventures such as Body by Jake, FitTV, ExerciseTV, and FitOrbit, he has accumulated significant wealth over the years.
Components of Net Worth
Jake Steinfeld’s net worth primarily stems from his business ventures related to fitness training. As the Chairman and CEO of Body by Jake, he has built a highly successful brand. Likewise, his involvement in projects like FitTV, ExerciseTV, and FitOrbit has contributed to his financial success. Additionally, his investments, book sales, and partnerships have further increased his net worth.
While these figures are estimated based on publicly available information, it’s important to note that actual net worth may vary. Jake Steinfeld’s net worth represents his achievement as a fitness guru and the impact he has had on the industry.