Oprah Winfrey and weight watchers
I don't think Miss O will be losing any weight or sleep on her latest misfortune.Oprah Winfrey has reportedly lost $24 million thanks to Weight Watchers.Last year,she bought a 10 percent stake in the weight loss company for $43.2 million, joined the company's board of directors, became a spokesmodel for the brand and began its diet plan.
On the day Winfrey first invested in Weight Watchers, its shares doubled in value, while she made $70 million in just a day and also single-handedly generated $700 million in stock market value in two days, Forbes had reported. In January, after she tweeted a video saying she lost 26 pounds on the diet program while still eating bread every day, company stocks rallied more than 16 percent and she made $12 million.
Culled from E!