Oprah Winfrey Makes $12 Million By Tweeting About Bread
Oprah Winfrey just got a little bit more richer thanks to her endorsement of Weight Watchers.
The 61-year-old media mogul posted a video on Twitter announcing that she has lost 26 pounds so far on the diet plan, all while still eating bread.
“I lost 26 pounds, and I have eaten bread every single day,” Oprah says in the clip.
Right after Oprah sent out the tweet, the Weight Watchers stock went up by a little over $2 per share. Seeing as she owns six million shares in the company, that means the valuation of her share in the company went up by $12 million because of the tweet!
Just because the stock price went up, it doesn’t mean that Oprah has $12 million more in her bank account though. She will have to sell the shares to receive the money.