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JOE Wicks has started a new business – bringing the net worth of Britain’s favorite physical education teacher to £ 10million

The Sun may reveal new accounts published at Companies House show the self-proclaimed Body Coach has started a company called Joe Wicks Group Limited

He is the sole shareholder and director of the company and his first set of accounts, spanning from November 2018 to March 2019, showed that she had net assets of £ 325 million

The business is described as operating as a holding company and its assets are classified as investments

Wicks is a director of three other companies, including Joe Wicks Limited which reported 2020 asset growth to £ 3 48million, up from £ 3 19million in 2019

He also has two other businesses worth over £ 7million after becoming the face of fitness keepers during the lockdown

The Bodycoach Online Nutrition Limited saw their money increase from £ 2-3million to £ 3.6million through the end of March of this year

Another company, Joe Wicks Limited, saw its retained earnings increase from £ 300,000 to almost £ 3.5million over the same period

A commercial source said: “This is the last part of the Joe Wicks empire that shows no signs of growing His popularity has exploded with his workouts and he is expected to make even more money in 2021”

Wicks, a father of two, married to model Rosie Jones, is now slated for an MBE in New Year’s honors after becoming a household name with his 9am fitness classes for schoolchildren and workers

He donated thousands of pounds generated from his YouTube videos to the NHS and said in April after being accused of cashing in the lockdown: ‘I’m not profiting financially, I’m giving everything back’

Last week Joe completed his 24 hour live training to raise over £ 2million for Children In Need

The fitness trainer wrapped up the fundraising challenge inside the BBC’s London headquarters with a live HIIT (High Intensity Interval Training) class joined virtually by schoolchildren from all over the country

As he completed the challenge, which saw him complete a range of activities including rowing, cycling, running, boxing, and weights, he jumped up and down waving arms and ran around the stage, before being joined by his wife Rosie for a hug

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Joe Wicks

World News – UK – Joe Wicks launches new company as business empire grows to £ 10million

Source: https://www.thesun.co.uk/tvandshowbiz/13265831/joe-wicks-launches-new-company-empire-worth-10million/