What is Jake Steinfeld’s Net Worth?
Jake Steinfeld, the American fitness guru, has a net worth of $20 million and is credited with creating the business of personal fitness training. He serves as the Chairman and CEO of Body by Jake.
Hailee Steinfeld, the actress and singer, is Jake’s niece. Her father, Peter, is also a fitness trainer and Jake’s brother. Hailee earned an Academy Award nomination for Best Supporting Actress for her role in the 2010 Coen brothers film “True Grit”.
Jake Steinfeld: From Brooklyn to Bodybuilding
Jake Steinfeld was born in 1958 in Brooklyn, New York. He left college to pursue his passion for bodybuilding and moved to Los Angeles. In 1977, he placed second in the Mr. Southern California contest, an impressive feat considering he was the only competitor not using steroids.
Jake Steinfeld: The Pioneer of Paid Physical Training
In the early 1980s, Jake Steinfeld worked as a bouncer when an actress approached him at a pool and asked to pay him to train her for an upcoming commercial. Impressed by his physical fitness, the actress needed to be in a bikini for the ad. This encounter gave birth to the paid physical training industry, which has become a multi-billion-dollar business today.
Jake Steinfeld: From Trainer to the Stars to TV Show Host
Word quickly spread about Jake Steinfeld, the trainer to the stars who helped actors get into shape for their roles. His list of clients included big names such as Steven Spielberg, Harrison Ford, and Eddie Murphy.
Steinfeld’s work with Eddie Murphy even landed him a small part in the movie “Coming to America.” But his success didn’t stop there.
Billionaire Ted Turner took notice of Steinfeld’s talents and signed him up to produce and star in a daytime show called “Fitness Freak by Jake.” This was a big moment for Steinfeld, as Turner had recently launched CNN and was looking for new content.
With his new show, Steinfeld became a household name and inspired countless viewers to get fit and healthy. But his journey was far from over – he would go on to launch his own fitness empire and become a multi-millionaire.
Jake Steinfeld’s Ventures in the Fitness Industry
In 1993, Jake Steinfeld was involved in the launch of FitTV, the first 24-hour fitness network. He hosted a show called “Big Brother Jake” but gained greater success with “Body by Jake”. When International Family Entertainment, FitTV’s parent company, was acquired by Fox Entertainment and Saban Entertainment in 1997, Jake reportedly earned a fortune from the sale.
Following this, Jake created ExerciseTV, which was the first on-demand fitness television platform. He then went on to launch FitOrbit, a digital platform that connects users to real personal trainers at an affordable price.
Jake Steinfeld’s Accomplishments
Jake Steinfeld is a well-known fitness personality, entrepreneur, and author who has achieved many accomplishments throughout his career. He co-founded Major League Lacrosse (MLL), the nation’s first professional outdoor lacrosse league, in 1999. The league’s championship trophy is named the Steinfeld Trophy in his honor.
Steinfeld also partnered with Universal Music Group to create Body by Jake Music, a fitness music label featuring tracks by today’s hottest artists and producers. Additionally, he wrote a best-selling book in 2012 called “Take A Shot, a Remarkable Story of Perseverance, Friendship, and a Really Crazy Adventure” about the formation of the MLL, and has written several other books.
Steinfeld has also served as the Honorary Mayor of Pacific Palisades, California and as Chairman of the California Governor’s Council on Physical Fitness and Sports under Governor’s Schwarzenegger and Brown. His mission was to establish California as the nation’s first “Fitness State.” He currently serves as Chairman of the National Foundation for Governors’ Fitness Councils.
