Learn about the co-founder and CEO of Peloton John Foley’s wife and net worth.
John Foley co-founded Peloton Interactive Inc., an exercise equipment and media company in 2012, and launched the company with funding from a Kickstarter campaign in 2013.
The company is based in New York. The main products of Pelton are treadmills and stationary bicycles, which allow the subscribers to participate in the online classes through streaming media remotely.
John Foley Wife And Family
John is married to Jill Foley. The couple has been married for a long time.
They are blessed with two children: a son and a daughter. Their names are not revealed. The couple shared an interest in fitness. Their first dates centered around fitness activities such as running, indoor cycling, surfing, yoga, boot camps, etc.
After parenthood, John and Jill found it difficult to get to their favorite studio classes, so John came up with an idea of interactive and convenient fitness. As a result, he founded Pelton Interactive Inc. He started the company by raising funds from numerous organizations; today his own company has become a multi-billion company.
As home gyms became popular during the lockdowns, the sales increased significantly during the COVID-19 pandemic.
His Net Worth Explored
According to WSJ Magazine, John Foley’s company Pelton was worth $4 billion USD in 2018. Its worth has been rising ever since.
Though his salary and exact figures of his net worth are not known.
John Foley’s company Pelton provides services in the United States, the United Kingdom, Canada, and Germany. The company is planning on extending its services to Australia by the end of 2021. Peloton was born a New Yorker, will remain a New Yorker, and we commit to staying in this great city and reopening our office as soon as it's safe to do so. https://t.co/aSgH0MeHLT
— John Foley (@keylargofoley) March 16, 2021 As of 2021, Peloton has over 60,000 subscribers, and the numbers are ever growing.
Accidents And Injuries
According to the Wikipedia page of Peloton, the U.S. Consumer Product Safety Commission has warned people about the consequences of using the Tread+ model of the Peloton treadmill.
One child died, and almost 40 others were injured while their parents were running on the treadmill.
The safety commission posted a video of a child being pulled under the treadmill. The commission requested to use the product only inside a locked room to prevent any injuries to children or pets.