Cody Rigsby has become a household name in the fitness world and has an impressive net worth of $10 million.
As a Peloton instructor, he has inspired millions worldwide to get fit and healthy, all while having fun and embracing their inner dancers.
But beyond his success as a fitness guru, many are curious about Cody Rigsby’s net worth and how he has built his wealth over the years. In this article, we’ll talk about his life and career, income sources, and estimated net worth. We’ll also examine his personal life, controversies, and future outlook.
Cody Rigsby Net Worth
According to various reports of 2023, Cody Rigsby has an estimated net worth of around $10 million. This worth is based on his reported earnings and various sources of income.
Several factors have contributed to Cody Rigsby’s net worth over the years. These include his popularity as a Peloton instructor, social media presence, sponsorship deals and merchandise sales, and other business ventures.
However, several factors could affect his net worth in the future. For example, the Peloton platform has faced criticism for its high prices, exclusive culture, and lack of diversity over the years. Suppose these issues continue to be a concern for consumers. It could potentially impact the company’s growth and revenue, which could, in turn, affect its instructors’ earnings.
Similarly, if Cody were to face any major controversies or scandals, it could also impact his net worth and his ability to secure lucrative endorsement deals or sponsorships.
Early Life and Career
Cody Rigsby was born on June 8, 1986, in Greensboro, North Carolina. He grew up in a family of dancers and was trained in ballet, jazz, and contemporary dance from a young age. However, he also struggled with weight issues and body image concerns, which led him to pursue a career in fitness and wellness.
After graduating from high school, Cody moved to New York City to study dance and pursue a career in the entertainment industry. He was a dancer and choreographer for several years, performing in various productions and touring with musical artists like Katy Perry and Nicki Minaj.
Rise to Fame
In 2014, Cody joined Peloton, a fitness company that offers indoor cycling classes and other workouts through a live-streaming platform. He started as a production team member, working behind the scenes to create engaging and inspiring content for Peloton’s members.
However, it was only a short time before Cody’s star began to rise. His infectious energy, witty humor, and passion for music and dance caught the attention of Peloton’s executives. That saw him as a potential instructor. In 2015, he was invited to audition for the role, and he quickly impressed the judges with his charisma and stage presence.
Cody became a Peloton instructor in 2016, and his classes quickly gained a following among members drawn to his unique blend of fitness and entertainment. He is famous for his eclectic music choices, motivational coaching style, and trademark dance moves. It has become a viral sensation on social media.
Sources of Income
So how does Cody Rigsby make his money? According to reports, he earns around $200,000 annually as a Peloton instructor. However, he also has several other sources of income that have contributed to his net worth over the years.
Sponsorship Deals and Brand Collaborations
Cody has partnered with several brands, including Lululemon, Nike, and Beam, a CBD company. These collaborations typically involve sponsored posts on social media or product endorsements, which can be lucrative for influencers with a large following.
Like many Peloton instructors, Cody has also launched his line of merchandise, including T-shirts, sweatshirts, and hats. These items are sold on the Peloton website and in the company’s retail stores, and a portion of the proceeds goes to the instructor.
Other Ventures and Investments
Cody has also pursued other business ventures outside of Peloton. In 2020, he launched a podcast called “The Cody Rigsby Show,” He discusses fitness, pop culture, and current events with guests and co-hosts. He has also invested in real estate, according to reports.
Outside of his career, Cody Rigsby has a relatively private personal life. He has been open about his struggles with body image and weight issues and has spoken about the importance of self-love and acceptance in his classes and on social media.
Cody is openly gay and has spoken about his experiences with discrimination and homophobia in the fitness industry. He has also been vocal about supporting LGBTQ rights and participating in various charitable causes.
Cody enjoys traveling, cooking, and spending time with his dog in his free time. He has also shared his love of pop culture and reality TV on social media, often referencing shows like “The Real Housewives” in his classes and posts.
Criticisms and Controversies
While Cody Rigsby has a large and devoted following, he has faced criticism and controversy over the years. Some critics have accused Peloton of promoting an exclusive and elitist culture, with prices too high for many people.
Additionally, some members have criticized the platform’s lack of diversity in terms of its instructors and user base. That has led to calls for Peloton to do more to address issues of inclusivity and accessibility.
Cody himself has also faced some controversies. In 2021, he was criticized for commenting on a class that some members felt was insensitive to those with eating disorders. Cody apologized for the remark and acknowledged the importance of being mindful of his words and their impact on his audience.
Business Ventures Outside of Peloton
While Peloton is certainly the main source of Cody Rigsby’s income, he has also pursued several other business ventures. For example, he has launched his clothing line, Chaser Brand x Cody Rigsby, which features a range of workout gear and casual wear.
He has also collaborated with brands and companies like H&M and Hilton Hotels. And he has expressed interest in pursuing more acting and entertainment opportunities in the future.
Training and Fitness Philosophy
While Cody Rigsby is known for his high-energy spin classes, he has also shared his training and fitness philosophy with his fans. He has emphasized the importance of finding joy and fulfillment in exercise. And has encouraged his followers to focus on their mental and emotional well-being and physical health.
He has also spoken about the benefits of dance and other forms of movement. And he has incorporated these elements into his classes and training programs.
FAQs on Cody Rigsby Net Worth
What is Cody Rigsby’s fitness background?
Cody Rigsby started as a professional dancer, performing with companies like the Joffrey Ballet and the Broadway show “Spider-Man: Turn Off the Dark.” He later transitioned to the fitness industry as a personal trainer and group fitness instructor before joining Peloton in 2014.
How did Cody Rigsby become a Peloton instructor?
Cody Rigsby was a cycling instructor in Los Angeles when Peloton founder John Foley discovered him. Foley saw one of Cody’s classes on YouTube and was impressed by his energy and charisma. He reached out to Cody and offered him a job as a Peloton instructor, which Cody accepted.
What is Cody Rigsby’s teaching style like?
Cody Rigsby is known for his high-energy, motivational teaching style. He uses music and humor to keep his classes fun. And he engaged while pushing his students to challenge themselves and reach their fitness goals. He is also famous for his candid and authentic personality. And he is unafraid to share his struggles and vulnerabilities with his fans.
How does Cody Rigsby make money?
Cody Rigsby earns most of his income as a Peloton instructor. He also has endorsement deals and sponsorships with various brands and companies and has launched his clothing line. Additionally, he has expressed interest in pursuing more acting and entertainment opportunities in the future.
Conclusion on Cody Rigsby Net Worth
Cody Rigsby is one of today’s most popular and influential fitness personalities. From his humble beginnings as a dancer in North Carolina to his current status as a Peloton superstar, he has built a brand and a truly inspiring following.
While his net worth may fluctuate over time, there’s no denying Cody’s impact on the fitness industry. However, he has become a role model and a source of inspiration for millions worldwide.