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Eric Casaburi Net Worth, Biography & Wiki 2017
Eric Casaburi was born in New Jersey, USA, and is an entrepreneur and former bodybuilder, best known for being the CEO/founder of Retro Fitness. He’s opened numerous branches all over the country, and also owns the frozen yogurt company Let’s Yo! All of his efforts have helped put his net worth to where it is today.
How rich is Eric Casaburi? As of late-2016, sources estimate a net worth that is at $30 million, mostly earned through a successful career in business. Many of his endeavors have found success, and he also found popularity when he appeared in an episode of the reality series “Undercover Boss”. As he continues his career it is expected that his wealth will increase.
Eric Casaburi Net Worth $30 million
Eric started his interest in fitness when he was 15 years old, taking to the gym to keep his mind off the grief of losing his mother. Prior to becoming active in the gym, he worked as a floor cleaner at a local club, and would actually work at several places while he was attending college. Soon he found a passion for fitness, and this led him to compete as a bodybuilder. After competing for several years, he decided to open his own fitness chain, and launched the company Retro Fitness in 1990 at the age of 23. Over the years, the company has continued to grow and now has around at least 150 clubs all over the United States, with over 500,000 members. Each gym has around 100 pieces of equipment and full-service fitness centers, with support from top manufacturers. The company has been called one of the fastest growing franchises and one of the top new franchises by publication Entrepreneur, adding steadily to Eric’s net worth.
With the success of his fitness company, Eric decided to start another business, a frozen yogurt company called Let’s Yo! In a span of just three years, the company has expanded to over 20 locations. According to interviews and reports, his companies do well in saturated markets thanks to successful business tactics. The brands continuously evolve, and factors such as exceptional customer service are always maintained.
In 2013, he then appeared in an episode of the CBS series “Undercover Boss”. The Emmy Award-winning show tasks owners or CEOs of big companies to go undercover at a few of their local branches, to take a personal look into how things are managed, and at their employees.
A close-up look at the organization will help these bosses see problems upfront and give support to employees who help run the company.
During the course of his undercover work, he went to six branches and was inspired by the stories of some of the employees. He went on to distribute $250,000 among those employees, but fired one who didn’t have a good attitude. The show has boosted the popularity of the fitness company even more, with several potential franchisees lining up.
For his personal life, it is known that Eric is married and has four children. His favorite football team is the Eagles and his favorite band is Bon Jovi.