Allison Ellsworth discusses megamillionaire status after Poppi sale
Updated
Updated · The Wall Street Journal · May 10
Allison Ellsworth discusses megamillionaire status after Poppi sale
10 articles · Updated · The Wall Street Journal · May 10
Ellsworth, 39, said she and her husband became centimillionaires after PepsiCo bought Poppi for $1.95 billion, following years of cash strain in Austin, Texas.
She described post-deal spending including home upgrades, houses for her mother and aunt, a $27,000 stylist and about $200,000 spent to save time.
Ellsworth said her breakthrough came on Shark Tank while pregnant, and her story reflects a wider wave of newly wealthy Americans reshaping demand for luxury services.
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