Billionaire tech CEO: ‘I’ve lost all my money…..’
By
Isha Sharma
Former Peloton CEO John Foley, once a billionaire during the company’s pandemic-fueled boom, has revealed he’s lost his fortune following his departure from the fitness tech giant.
“I’ve lost all my money. I’ve had to sell almost everything in my life,” Foley told the New York Post in a recent interview. The 53-year-old entrepreneur, who co-founded Peloton in 2012, stepped down as CEO in February 2022 amid the company’s post-pandemic struggles.