IPOs
Mark Wahlberg Pumps a 200% Return From His F45 Fitness Bet
An investment firm for the Hollywood star has made a profit of at least $200 million after pouring money into the provider of group training classes.
Mark Wahlberg hosts the opening of F45 Training at Miramar MCAs, the first fitness franchise on a U.S. military base, in San Diego, California on June 11.
Photographer: Phillip Faraone/Getty Images
This article is for subscribers only.
Mark Wahlberg’s love of fitness is keeping his wealth in good shape.
The Hollywood actor and producer is among the big winners from the initial public offering of F45 Training Holdings Inc., which this week raised $325 million after selling more than 20 million shares at $16 each. The stock debuted trading at $17 on Thursday.