Oprah Winfrey just made
more news, saying 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.
â€œI lost 26 pounds, and I have eaten bread
every single day,â€ she said in her testimonial
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 as a board member and large share owner of the company.
Sheâ€™s made a fortune since her October
investment. Using a price of $13 a share from Tuesday afternoon,
that means sheâ€™s made $61 million on her total
On a per-pound basis,
thatâ€™s $2.36 million of profits gained for each
She has the best of both
worlds: getting richer while getting slimmer.
Oprahâ€™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.
She was also granted 3.51
million options to buy shares at that same $6.79 price. Combining
shares and options, her total stake is worth almost 10 million
shares â€” 9.88 million shares to be more
specific. The stock has practically doubled in that time, even
including the rapid decline in the past several weeks.