China’s debt interest costs are soaring above U.S. levels and growing faster than any other budget category as Beijing struggles to prop up growth Michigan Senate debate spotlights increase in anti-Muslim rhetoric as midterms race heats up OpenAI publishes solutions to more than 370 outstanding math challenges. The results divide mathematicians but most agree: math will never be the same It’s ‘more likely than not’ humanity loses control: Former AI insiders testify safety fixes may be ‘duct tape that will fall off later’ MAGAnomics is starting to look uncomfortably like Bidenomics Trump reiterates pledge to send $5,000 checks, and hands out smaller payments, as midterm elections loom Respect and laughs as Fury and Joshua face off After months of ‘hell,’ an OpenAI safety researcher suggests way to prevent more rogue AI incidents New Lancashire CEO Kenyon to lead review of club Anthropic CEO Amodei set to meet with Trump after missing state dinner

Scott Watterson

Scott Watterson

Scott Watterson (#3332)

Global Rank #3332
Country Rank #1,005
Country United States

Scott Watterson is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 1 B
  • Fitness equipment
  • United States
  • M
  • 70 Years

Snapshot

Quick Facts

Global Rank #3,332
Country Rank #1,005
Net Worth $1.0B
Previous Worth $1.0B
Worth Change +$0.0B
Country United States
Industry Fitness equipment
Age 70 Years
Gender M
Last Refreshed 12 Sep 2026, 12:00 AM
Residence Logan, Utah
Citizenship United States
World Billionaires List United States Billionaires Fitness equipment

Profile Data

Personal Stats

Age 71
Source Of Wealth Fitness equipment, Self Made
Self Made Score 8
Residence Logan, Utah
Citizenship United States
Marital Status Married
Children 5
Education Bachelor of Science, Utah State University
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $1.0B
Current Net Worth $1.0B

About Me

Scott Watterson is the cofounder of Logan, Utah-based fitness equipment maker iFIT. He stepped down as CEO in February 2022 but remains the chairman. The firm makes interactive treadmills, bikes and other machines and offers fitness content under brands like NordicTrack and ProForm and the iFIT app. Watterson and his college buddy Gary Stevenson started iFIT, then named Weslo, as college students at Utah State in 1977. iFIT raised $200 million from Bernard Arnault-backed private equity firm L Catterton in October 2020 at a $7 billion valuation. The company filed with the Securities and Exchange Commission for a potential IPO in August 2021 but withdrew in April 2022.

Insights

Did You Know?

Watterson spent five years as a Mormon missionary in Taiwan over two separate visits; he speaks fluent Mandarin Chinese.

iFIT and its largest rival, Peloton, have been embroiled in multiple patent infringement lawsuits since 2016.

Wealth Growth

Net Worth Growth Over Time

Tracking Scott Watterson's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $1.0B ()

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