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Oprah Winfrey Loses $117Million In Net Worth As Weight Watchers Share Price Drops

Celebrity Gossip

Oprah Winfrey Loses $117Million In Net Worth As Weight Watchers Share Price Drops

oprah winfrey loses $117million weight watchers

September 14, 2016 – Oprah Winfrey Loses $117Million In Net Worth As Weight Watchers Share Price Drops

The biggest investor in Weight Watchers has lost a huge portion of her personal fortune after the company’s shares dropped by almost 70% overnight.

Since Oprah Winfrey announced she will be the face of the company in November 2015, the share price has jumped above $9.00.

oprah winfrey loses weight watchers fortune

Weight Watchers shares went down by 68 cents today after the company announced it will replace the CEO, James Chambers by the end of September.

According to TVC news, Oprah Winfrey who owns 10% of the company’s share has lost $117million in personal fortune due to falling price.

Meanwhile, the value of Weight watchers has dropped by $1.2 billion since its peak.

5 Comments

5 Comments

  1. Steve Onuh

    September 14, 2016 at 5:40 PM

    She must learn to pray before making business investment decision. This is a huge loss

  2. fifelomo

    September 14, 2016 at 5:43 PM

    Very huge loss.

  3. huchennar

    September 14, 2016 at 9:52 PM

    this are simple principles of business it either you lose or you gain.. to be a successful business person you just have to take the risk…. the bad part of an event is the good news for press men (headlines). since when she has been making profit no one knows but now she is losing everyone is aware.

    #clueless human
    #IT_CAN_ONLY_GET_BETTER
    #FIGHT_THE_CRIME

  4. Mon

    September 15, 2016 at 3:30 AM

    Loosing is part of business and what is she going to do with all those money?….

  5. sola olaniyi

    September 17, 2016 at 1:37 PM

    what a huge loss

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