BillionaireNet
Harris
Danny Harris
Rank #1071
UNITED STATESfashion-retailAlo Yoga

Danny Harris

Net Worth
$3.729B
0% (24h)
Danny Harris is the co-founder and CEO of Alo Yoga, a leading athletic apparel company. His journey began with a passion for yoga, which led him and co-founder Marco DeGeorge to establish Alo Yoga in 2007. The brand's focus on premium activewear, combined with a commitment to wellness, has propelled its growth, making it a favorite among celebrities and fitness enthusiasts alike. Harris's leadership has been key to Alo Yoga's success, fostering a culture of innovation and mindful movement, and driving the brand to a $10 billion valuation.

The Full Dossier

Early Life and Career

Danny Harris, born in Torrance, California, on September 7, 1965, is known for his accomplishments both in athletics and business. Before his success in the fashion industry, Harris was a talented track and field athlete. He specialized in the 400-meter hurdles, earning a silver medal at the 1984 Los Angeles Olympics and another at the 1987 World Championships. He was ranked #1 in the world in 1990. In his post-athletic career, Harris transitioned to the business world, co-founding Alo Yoga.

Rise to Success

In 2007, Harris and Marco DeGeorge co-founded Alo Yoga in Los Angeles. The brand quickly gained popularity for its premium athletic apparel, appealing to both yoga practitioners and those seeking stylish activewear. Alo Yoga's success is also tied to its strong presence on social media and its appeal to celebrities, further boosting its brand recognition.

Key Business Strategies

Alo Yoga's success can be attributed to several key strategies. First, the brand focuses on premium materials and designs, creating a luxury feel that resonates with consumers. Second, Alo Yoga has built a strong digital presence and direct-to-consumer (DTC) business model, allowing it to control its brand image and customer experience. The company has expanded into skincare, supplements, and wellness products, which have increased revenue.

Philanthropy

Alo Yoga is involved in philanthropic efforts through its Alo Gives foundation, which offers free yoga and mindfulness videos for children. While specific dollar amounts are not readily available, the company's commitment to spreading wellness through yoga and mindfulness is a key part of its mission.

Career Timeline

2023

Alo Yoga Valuation at $10 Billion

Alo Yoga's valuation reached $10 billion.

2022

Revenue Over $1 Billion

Alo Yoga's revenue surpassed $1 billion.

2007

Co-founded Alo Yoga

Founded Alo Yoga with Marco DeGeorge.

1987

World Championship Silver Medalist

Earned a silver medal at the World Athletics Championships in Rome.

1984

Olympic Silver Medalist

Won a silver medal in the 400-meter hurdles at the 1984 Summer Olympics in Los Angeles.

Philanthropic Impact

WellnessUnknown

Alo Gives

Offers free yoga and mindfulness videos for children.

Wealth Trajectory