Joe Wicks & # 39; starts a new company as his business empire grows to £ 10 million after the success of lockdown training
Joe Wicks has reportedly started a new company that brings his fortune to a staggering £ 10 million.
The Body Coach star, 35, started a new company called Joe Wicks Group Limited. This is evident from reports filed with Companies House, reports The Sun.
The fitness enthusiast is said to be the sole shareholder and sole director of the company whose first accounts showed £ 3.25m in net worth from November 2018 to March 2019.
Success: Joe Wicks has reportedly started a new company that grows his net worth to a staggering £ 10 million
The release reports that the company is a holding company and its assets are classified as equity investments.
In addition to his new company, Joe is also a director of three other companies, including Joe Wicks Limited, which saw assets grow from £ 3.19m to £ 3.48m between 2019 and 2020.
In addition to his wealth, the social media star also has two other companies that are worth more than £ 7 million.
Bodycoach Online Nutrition Limited is said to have had assets of £ 2.3 million at the end of March this year to £ 3.6 million.
Business: The Body Coach star, 35, started a new company called Joe Wicks Group Limited, according to Companies House
In the meantime, Joe Wicks Limited saw profits grow from nearly £ 300,000 to just under £ 3.5 million.
A source said: “This is the newest installment in the Joe Wicks empire that is showing no signs of growth. His popularity has exploded with his workouts and he's set to make even more money in 2021. & # 39;
MailOnline asked a representative from Joe for comment.
The father of two recently earned an MBE after raising £ 580,000 for the NHS through his Lockdown PE Lessons.
Impressive: Joe is said to be the only shareholder and sole managing director of the company whose first accounts from November 2018 to March 2019 showed net worth of £ 3.25 million
The Body Coach's daily morning workout proved a huge hit with a million people subscribing to his YouTube channel within a week and raising £ 580,000 for the NHS.
The fitness sensation, which has 2.57 million YouTube subscribers, celebrated its MBE with a sumptuous dinner at Lucky Cat by Gordon Ramsey and shared a cute picture with his mom, Raquela Mosquera.
He also described how the food was "amazing" and said the chocolate fondant with smoked coconut ice cream was "out of this world".
Joe also set a Guinness World Record for live streaming after one of his online classes attracted nearly a million viewers.
The fitness star tied the knot with wife Rosie Jones in June 2019, and the couple are parents to daughter India, two, and son Marley, 11 months.
Wealth: In addition to his wealth, the social media star has two other companies that are worth more than £ 7 million