Rachel Zietz is one of the youngest and rising American entrepreneurs and businesswomen who is the founder and CEO of online retailer Gladiator Lacrosse, LLC. Similarly, she came into the spotlight for appearing on the seventh season of ABC’s Shark Tank.
The 21-year-old entrepreneur was only fifteen years old when she built a $1 million worth company. Can you imagine she was only twelve years old when she founded Gladiator Lacrosse?
Rachel Zietz, who was listed in the most influential teens of 2016 in Time Magazine, collects a hefty amount of money from her professional entrepreneur and business career. Just at the age of twelve, she founded Gladiator Lacrosse.
By the time she reached fifteen, she had built a company worth $1 million. As of 2022, Rachel’s net worth is $7 million. Her sportswear company is the primary source of income, whereas she also receives a hefty amount of money from her business and entrepreneurship.
Zietz also appeared in the seventh season of Shark Tank, and as per the sources, she earned $50 thousand per episode.
Rachel attended “The Young Entrepreneurs Academy” located in Boca Raton, Florida, where she raised $2,700 as the start-up funds. Her parents, who have been quite supportive, helped her with a $30 thousand loan. She has paid it back since then.
In the first year, her company made $200 thousand in sales, and at the end of the second year, it made $1 million in revenue.
During an interview with BIZ Journals, opening up about her company’s growth, Rachel reported that the company had been doing well over $1 million before 2018, and in 2018, they were projecting revenues over $2 million.
Her achievements include being listed in seven of the brightest and youngest entrepreneurs in Forbes Magazine, Time Magazine’s Most Influential Teens of 2016, and Fortune Magazine’s List of Entrepreneurs Under 18.
Rachel Zietz was born in 2000 in Wayne, New Jersey, and currently resides in Boca Raton, Florida to father Sam Zietz and mother Sheila Zietz.
Her old man is the CEO and founder of Touchsuite, whereas her mom is a successful attorney. She grew up alongside two siblings, Jordan and Morgan.
Regarding her educational background, she attended Pine Crest School for her high school education and is currently engaged at Princeton University.