The pandemic has made the founder of fitness startup Peloton a dollar billionaire
The founder and CEO of fitness company Peloton, John Foley, became a billionaire after the entrepreneur made his fortune during a pandemic that led to the explosive popularity of home sports equipment, writes Bloomberg. In 2013, Foley, a well-known cycling enthusiast, founded a startup that was supposed to help people get fit from the comfort of their homes. The first investment raised on Kickstarter amounted to only $307,000.