Rainer Schaller Net Worth: The “Gold’s Gym” Owner Fortune Before Fatal Plane Crash

Rainer Schaller was a business tycoon prominently known for his success in the fitness and fashion industry all across Europe and the U.S.  The German entrepreneur is deemed to be a public figure since he is the founder as well as the CEO of the RSG Group.

Under this, McFit, Gold’s Gym fitness studio, and John Reed are operating, making Rainer Schaller’s net worth millions. His vision led his company to become the largest and finest fitness studio operator with over 1 million members in Europe alone. Rainer Schaller’s net worth was expanding and so was his business.

But recently, the business giant along with his entire family lost his life after their private plane crashed. And with the tycoon’s death, admirers are left questioning what will happen to Rainer Schaller’s net worth and the legacy that he has created. 

Rainer Schaller’s Early Life

On 4th January 1969, Rain Schaller was welcomed to the lives of his parents in Bamberg, West Germany. During his young years, he was raised in Schlüsselfeld, Upper Franconia. He had a brother, Gerd Schaller who is a brilliant student having studied medicine and music simultaneously.

On the other hand, Rainer wasn’t good in academics, however, he didn’t fail to find his own way to build the enormous Rainer Schaller net worth. 

Rainer Schaller’s Net Worth At the Time of His Death! 

Though it is sad news, Rainer Schaller’s net worth of $250 million has been left behind at the time of his death. 

The untimely death of the fitness mogul has made news all over the world. He was one of the richest business tycoons in the fitness industry and Rainer Schaller’s net worth is now in a questionable state. We pray that their soul attains peace and our condolences to the family.

Something About The Rainer Schaller’s Career

When Rainer started working, he was a retail salesman at the grocery store that belonged to his mother. He worked at Edeka supermarket and got promoted to manage three more stores based on his performance. Soon he realized that he had much more to achieve in life. Thus, this led to the initial creation of Rainer Schaller’s net worth.

The first ever McFit fitness studio was launched in the year of 1997 in Wüzburg, Germany. Since the fitness industry was booming and people were becoming more inclined to maintain their shape, Rainer’s business slowly started growing. He was known to be the pioneer of introducing the discount principle that is currently very much prevalent in the fitness industry. 

Rainer Schaller’s net worth started multiplying and by 2006, there were as many as 62 fitness studios.  In 2011, he got more than a million members. After that, McFit Global Group’s holding company changed its name to RSG Group in August 2019. Under this, there are twelve fitness chains including the industry-leading McFit, High 5, LOOX, Gold Gym, Heimat, John Reed, and more.

Currently, Rainer Schaller’s net worth has expanded after operating over 250 gyms all across Germany, Spain, Italy, and Austria. There are multiple chains in America as well.  In 2020, Rainer actually acquired Gold Gym which was originally founded by John Gold in the year 1965. After the COVID-19 pandemic, Gold’s Gym International Inc. was no longer able to operate and filed Chapter 11 bankruptcy when Rainer decided to buy it for $100 million.

His company has around 41,000 employees as the brand was spread across 1000+ locations in over 48 countries in the 25 years of his business. So, he has served his position well. Rainer Schaller’s net worth was a considerable figure by 2022 before he lost his life in the recent events. 

Rainer Schaller’s Personal Life

Rainer Schaller’s net worth was at its best and so was his personal life. He was married to his wife Christiane Schikorsky and the couple even had two beautiful kids. They are named Aaron and Finja. Rainer Schaller’s net worth gave him all the freedom to splurge on extraordinary vacations and world tours with his family.

Rainer Schaller’s Death: How did he die?

The sad news of Rainer Schaller’s death was reported on 21st October 2022 when the news outlets revealed that his private plane crashed in Costa Rica. Later the Costa Rican Ministry of Public Security took to Facebook to share the news. It stated that the private plane was going from Mexico to Limón and it was then “when tracking with the control tower of Juan Santamaría Airport got lost.” 

Final Lines

As per the reports, Schaller was on the plane with his wife and two children. Immediate rescue operations were activated and the Red Cross was on spot in no time. The rescue operations were going on and the rescuers found two unidentified bodies.

But it is said that none of the passengers survived the crash and all of the passengers on board are dead.

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