Sara Blakely
Sara Blakely.
  • Sara Blakely, founder of the shapewear brand Spanx, is worth an estimated $1.1 billion.
  • She lives in a 10,000-square-foot home in Atlanta and owns properties in three other states.
  • She adds to her fortune as a public speaker and guest shark on "Shark Tank."

Sara Blakely's $1.1 billion net worth began with scissors and a pair of pantyhose.

Since creating that prototype nearly 30 years ago, her shapewear and clothing company, Spanx, has grown into a $1.2 billion empire.

Here's how Blakely makes and spends her self-made fortune.