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Jenny Craig Net Worth

Jenny Craig (born Genevieve Guidroz; August 7, 1932) is an American weight loss guru and founder of Jenny Craig, Inc. Craig was born in Berwick, Louisiana, was raised in New Orleans, and married Sidney Craig in 1979. In 1983, she and her husband created a nutrition, fitness, and weight loss program in Australia and began offering the program in the United States in 1985. The company became a part of Nestlé Nutrition in 2006.

What is Jenny Craig’s Net Worth?

Jenny Craig is an American businesswoman and entrepreneur who has a net worth of $300 million. Jenny Craig is a weight loss guru who co-founded the company Jenny Craig, Inc with her husband Sidney. She married Sidney Harvey Craig in 1979. The couple originally created their fitness, nutrition, and weight loss program in Australia, eventually expanding to the United States in 1985. Today the company operates over 700 weight loss centers around the world and has more than 3,000 employees. The system has been endorsed by many celebrities, including Monica LewinskyKirstie AlleyValerie BertinelliQueen LatifahJason Alexander, and Mariah Carey. Sidney Craig died in 2008. Jenny is also philanthropist who has donated tens of millions of dollars to charity. After donating $10 million to Fresno State University, the college named its business school the Sid Craig School of Business. After donating $10 million to the University of San Diego, the college built a sports center called the Jenny Craig Pavilion.

Net Worth: $300 Million

Date of Birth: Aug 7, 1932 (91 years old)

Place of Birth: Berwick

Gender: Female

Profession: Businessperson

Nationality: United States of America

Philanthropy

In 1992, Craig and her husband committed $10 million to Fresno State University for its School of Business and Administrative Services, later renamed the Sid Craig School of Business.[2] In 1996, the couple committed another $10 million to the University of San Diego, $7 million of which was used to build the Jenny Craig Pavilion, a recreation and sports pavilion that was dedicated in October 2000.

Websitejennycraig.com

Horse racing

In 1995, Craig and her husband bought a thoroughbred horse ranch and breeding operation in Rancho Santa Fe, California, formerly owned by sportsman Gene Klein. This area is home to the Del Mar Thoroughbred Club. Craig has been involved in racing and she and her husband have owned a number of successful thoroughbreds. One of their coltsDr. Devious, finished seventh in the 1992 Kentucky Derby and also raced in England, where he won the 1992 Epsom Derby. That same year, their future National Museum of Racing and Hall of Fame filly Paseana won the Breeders’ Cup Distaff at Gulfstream Park. In 2003, their horse Candy Ride won six races in a row including the Grade I Pacific Classic Stakes in which he set a new Del Mar track record for one and a quarter miles. Another Craig owned horse, Sidney’s Candy, named after Sid Craig, ran in the 2010 Kentucky Derby.

Health issues

In April 1995, while napping in an armchair, she was startled awake, which caused a strange medical anomaly that mimicked lockjaw but was not, as Craig was eventually able to pry her mouth open. Though there seemed to be no imminent threat, Craig’s condition gradually worsened making it difficult for her to speak and eat. Her dentist diagnosed temporomandibular joint syndrome, for which she was referred to a specialist, though to little avail. She was, in turn, referred to a series of physicians (reportedly 18), all of whom provided various suggestions but ultimately no solution. In the spring of 1998, she was introduced to Dr. Dennis M. Nigro, typically a cosmetic surgeon, who assessed that Craig had suffered atrophying of her mouth muscles. Corrective surgery was provided by installing bioabsorbable screws into her cheeks. She underwent a four-and-a-half-hour operation and another year of speech therapy. Craig has since fully recovered from the debilitating condition.

Real Estate

In 1986 Jenny and Sidney bought a beachfront mansion in Del Mar, California for $3.25 million. That’s the same as around $8 million today. Jenny sold the home in August 2019 for $22 million. Here is a video tour of Jenny Craig’s former Del Mar mansion:

In 1995 Jenny and Sidney bought a 228-acre thoroughbred horse ranch in Rancho Santa Fe, California, roughly 15 minutes away from their Del Mar home. Over the years they had horses race in the Kentucky Derby and the Breeders’ Cup. In 2018 Jenny sold the ranch to Bill Gates, whose daughter Jennifer is an avid equestrian.

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