Spanx Founder Sara Blakely Gifts Employees $10,000 and Two First-Class Plane Tickets

The CEO gave employees two first-class tickets to anywhere in the world to celebrate the company’s $1.2 billion deal with Blackstone.

Spanx founder and CEO Sara Blakely announced that she is gifting employees two first-class plane tickets and $10,000 to spend on a trip after the company announced its $1.2 billion deal with private equity firm Blackstone.

“This is a very big moment for each and every one of you,” she said in a video posted on her Instagram account Thursday. “To celebrate this moment, I have bought each one of you two first-class tickets to anywhere in the world.”


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Some of the employees plan to travel to South Africa and Antarctica, while another will elope with his girlfriend in Sweden. Another employee will go on her honeymoon in Bora Bora.

“I really want every employee to celebrate this moment in their own way and create a memory that will last them a lifetime! Cheers to 21 years of magic and many more to come,” Blakely wrote in an Instagram post.

Blackstone now holds the majority of the shapewear empire, but the mother of four will remain a “significant shareholder.”

“With all my heart I love this brand. With all my heart I will continue to love this brand,” she said. “I will remain a significant shareholder and continue to help the business fulfill its greatest potential, as well as continue to fulfill my greatest passion – elevating women.”

Image source: Email Tuna