Executives & Business Owners

Ben Nazarian Net Worth 2026: Therabody Co-Founder, Omninet Partner

No reliable net worth figure exists for Therabody co-founder Ben Nazarian. The $165 million number seen online was a company funding round.

Ben Nazarian
Full name
Benjamin Nazarian
Known as
Ben
Profession
Co-founder and executive chairman of Therabody; investor
Nationality
American
Source of wealth
Therabody, Omninet Capital, Parkview Financial, private investments
In this article
  1. What is Ben Nazarian's net worth?
  2. Ben Nazarian yearly earnings, monthly income and salary
  3. Early life and education
  4. How Therabody was built
  5. Other roles
  6. Personal life
  7. How this page was checked

No reputable outlet has published a net worth for Benjamin "Ben" Nazarian, the co-founder and former CEO of Therabody, the maker of the Theragun massage device. The $165 million figure this page used to show appears to have been lifted from a different number: in 2022 Therabody raised a $165 million growth equity round. That money went to the company, not to Nazarian. His personal stake in Therabody, and in the family investment firm Omninet Capital, has never been disclosed.

What is Ben Nazarian's net worth?

Forbes, Bloomberg and Celebrity Net Worth do not list an estimate. Therabody is privately held and has not published a valuation for its 2022 round, and Omninet Capital is a private real estate and investment firm. With no disclosed ownership percentages or valuations, any total would be a guess, so we give none.

What can be said is where his money comes from:

  • Therabody: he co-founded the company with chiropractor Dr. Jason Wersland and led it as CEO from its founding in 2016 until January 2023, then became executive chairman, according to Athletech News.
  • Omninet Capital: he spent much of his career as a managing partner at the firm and still sits on its investment committee, per his Fitt Insider bio.
  • Parkview Financial: a lender he helped start in 2015 that, according to his Constellation Capital profile, originated more than $1 billion in loans. He serves on its loan committee.
  • Nazarian Capital: his private company for early-stage start-up investments.
Ben Nazarian
Ben Nazarian

Ben Nazarian yearly earnings, monthly income and salary

The old page claimed a yearly income of $7.75 million, $645,000 a month and $21,000 a day, and then speculated about his mortgage and car payments. None of that had a source, and we have removed it. As an executive of a private company, his salary and bonus are not public.

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Early life and education

Nazarian grew up in Los Angeles in a business family. He told Entrepreneur that his father was a serial entrepreneur who taught him persistence and problem solving. He studied at the University of Southern California, earning a Bachelor of Science in accounting, cum laude, and later a law degree (JD) from USC's law school, where he also served on the board. The old page's claim that he was a managing partner "at an accounting firm" was a confusion of his accounting degree with his job.

How Therabody was built

After years working in his family's real estate business, Nazarian set up a part-time, informal incubator to help other founders. Wersland, who had built the first Theragun to treat his own injury, was the third entrepreneur he met through it. Nazarian told Entrepreneur that the device was odd-looking and loud, but it worked on him. He knew little about sports or recovery, so the two split the work: Wersland met pro sports teams, while Nazarian ran strategy, operations and product development.

YearMilestone
2016Nazarian and Wersland found the company that becomes Therabody; Nazarian is CEO
2021Nazarian and Wersland named EY Entrepreneur Of The Year Greater Los Angeles award winners (EY announcement)
2021Products sold in about 10,000 retail locations in more than 60 countries
2022$165 million growth equity round led by North Castle Partners, with Kevin Hart's HartBeat Ventures and Aaron Rodgers' Rx3 Ventures participating (endurance.biz); eight new products launched
January 2023Monty Sharma, former CEO of Naked Juice and Atkins, becomes CEO; Nazarian moves to executive chairman

The 2023 handover brought in an operator with a long record in consumer health. Sharma had also run EAS, Curves, Jenny Craig and Better Being, and Athletech News noted that he had helped sell Naked Juice to PepsiCo. Nazarian said at the time that he would keep working alongside Sharma to grow the company, with the stated aim of getting people to treat pain proactively rather than accept it.

Therabody's range now includes massage guns, compression systems, muscle stimulators, hot and cold wearables, facial devices and topical products. Speaking about the 2022 round, Nazarian said the company was moving from hardware into biometrics and content, the Los Angeles Business Journal reported.

Other roles

At Omninet Capital he oversaw operations, finances and investor relations and helped expand the firm's offices across five states, according to his Constellation Capital profile, which also lists him as a general partner there. He has served on the board of the Independent School Alliance and is a member of the Young Presidents Organization.

See Also: Aron Ain Net Worth

Personal life

The previous version of this page said he was married to Pouran Nazarian. We found no reliable source for that and have removed it. His age, height and weight were also unsourced and have been removed.

How this page was checked

Company history comes from Entrepreneur, Athletech News, the Los Angeles Business Journal and an EY press release. His other roles come from investor profiles published by the firms he works with. The net worth and income claims had no source and have been removed.

Frequently asked questions

What is Ben Nazarian's net worth?

No reputable outlet has published a net worth for Ben Nazarian. The $165 million figure online matches Therabody's 2022 funding round, which went to the company, not to him. His stakes in Therabody and Omninet Capital are private, so no reliable estimate exists.

Who founded Therabody?

Therabody was co-founded in 2016 by Benjamin Nazarian and Dr. Jason Wersland, the chiropractor who invented the Theragun. Nazarian ran strategy, operations and product development as CEO, while Wersland worked with pro sports teams.

Is Ben Nazarian still CEO of Therabody?

No. In January 2023 Therabody named Monty Sharma, former CEO of Naked Juice and Atkins, as president and CEO. Nazarian became executive chairman, Athletech News reported.

Where did Ben Nazarian go to school?

He attended the University of Southern California, earning a Bachelor of Science in accounting, cum laude, and a law degree from USC's law school. He later served on the board of the USC law school.

What is Omninet Capital?

Omninet Capital is a Los Angeles investment firm where Nazarian spent much of his career as a managing partner. He oversaw operations, finances and investor relations and still sits on its investment committee.

How much money has Therabody raised?

In 2022 Therabody closed a $165 million growth equity round led by North Castle Partners, with Kevin Hart's HartBeat Ventures and Aaron Rodgers' Rx3 Ventures taking part. It used the money for new products and its Reset wellness centers.

Sources

  1. Athletech News: https://athletechnews.com/monty-sharma-new-therabody-ceo/
  2. Entrepreneur: https://www.entrepreneur.com/leadership/how-success-happened-for-benjamin-nazarian-ceo-of-therabody/386802
  3. EY via PR Newswire: https://www.prnewswire.com/news-releases/ey-announces-benjamin-nazarian-and-dr-jason-wersland-of-therabody-as-entrepreneur-of-the-year-2021-greater-los-angeles-award-winners-301350768.html
  4. Constellation Capital: https://constellation.capital/ben-nazarian
  5. endurance.biz: https://endurance.biz/2022/industry-news/therabody-in-us165-million-growth-equity-round-amidst-new-product-offerings/
  6. Fitt Insider: https://fittinsider.libsyn.com/104-benjamin-nazarian-ceo-of-therabody
  7. Los Angeles Business Journal: https://labusinessjournal.com/technology/theragun-enlarges-its-product-line/

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