|Net Worth:||$66 Million|
|Age:||58 years old|
|Height:||5.6 feet (167cm)|
|Last Updated:||March, 2023|
Janine Allis is a 58 years old Australian entrepreneur and businesswoman who has a net worth of $66 million as of March, 2023. She is the owner of an Australian retail outlet called Boost Juice and the president and co-owner of its parent company Retail Zoo. She is also the founding figure of the famous Australian fast food restaurant chains like Salsa’s Fresh Mex Grill and Cibo Espresso. These outlets are held under the parent company Retail Zoo, and Allis has a fair share and partnership in it. Despite her diverse professional career, she came to the spotlight after appearing on the famous television show Shark Tank. Let’s have a deeper look into the life and professional career of this self-made millionaire.
How Did Janine Allis Become Rich?
Janine Allis was not born with a silver spoon in her mouth. Born in a middle-class family in Melbourne Australia, she struggled in her early life and eventually made herself a self-made millionaire. She kicked off her professional career at the age of 17 when she worked in multiple enterprises and went through multifarious professional careers. As her first job, she served as a Media Assistant at McCann Erickson which is an Australian advertising agency. She then went on doing modeling while working as a Gym Manager Assistant. It is pertinent to note here that she was gaining a sheer experience and in-depth understanding of money flow while working with different enterprises as an employee.
At the beginning of her early professional career, she worked as a Camp Counsellor in the United States, Promotional Executive in Portugal and nanny in France. Of course, these jobs did provide her with a great experience that subsequently shaped her future career and turned her into a self-made millionaire.
It dawned upon her later in her career that it is the right time to utilize the gained experience and expertise for the greater good of herself – turning from an employee to a boss. With that in mind in early 2005, Allis started a home-based juice business called Boost Juice. It went successful and Allis decided to expand it in collaboration with her husband. In 2007, she formed the holding chain company Retail Zoo which turned out to be a turning point in her life. This retail food chain was a holding and parent company of the Salsa Mex Grill; in 2012 it also acquired the popular 20-outlet Cibo Expresso for $15 million AUD. This was the time when Allis was climbing the apex of her career and was on her way to becoming a self-made millionaire.
What Is Janine Allis Net Worth?
As of March, 2023, Janine has a hefty net worth of $66 million. Her main sources of income are the Juice Boost and her partnership with different enterprises and retail chains. Opening a store outlet in Melbourne in 2004 was the stepping stone in hey way of becoming a wealthy woman. The Boost Juice idea became widely successful throughout the years and today it has over 300 stores in 13 different countries worldwide. This has a major contribution to her speedily growing income. Almost 70% of her income comes from this Boost Juice retail business.
Her partnership and association with other enterprises and parent companies of the Retail Zoo chain is another major source of her net worth. These parent companies include Cibo Expresso, Betty’s Burger & Concrete Company, and Salsa Mex Grill. All these brands, in collaboration with partners like Bain, have a hefty revenue and Allis gets a fair share of it.
Her investment and appearance on the Australian reality television show Shark Tank had also played its part in her growing net worth. Allis appeared on this reality show in 2015 and remained an active member and investor of it throughout the next four seasons.
How Janine Allis Spends Her Money?
Janine Allis is happily married to Jeff Allis who runs the business along with her. The couple – or partners as they call themselves – have four children named Riley Allis, Oliver, Samuel, and Tahlia Allis and they live in a lavishly luxurious house in Melbourne. Allis is fond of beaches and is ‘riverside girl’ as she calls herself.
The couple has sold two of their houses in a short span of time. In 2019, they sold their Noosa Holiday Home for $5.2 million. This is followed by their recent March 2021 sale of the stylish and palatial Toorak Family Home in Melbourne for $20 million. This palatial house is described as “the masterpiece of modern architecture”. An interview of Allis with Dennis shows that they had a plan of “depart from Sydney given the challenges of Coronavirus”.
Allis drives Lexus NX Hybrid – big enough for an entire family. She is often seen driving the giant car with her husband, children and dog. “I simply love this NX Hybrid. It is big enough to have my entire family in it and of course my dog,” she says with a delighted smile. She owns it for two years and loves it for its advanced features, environment friendliness and stylish design.
- For her professional qualities and diverse talents, Allis is lovingly called “the Jack of all trades” by her colleagues.
- She is the author of the famous book The Accidental Entrepreneur – The Juicy Bits.
- In her early professional career, Allis worked as a stewardess on the famous English singer David Bowie’s yacht.
- The famous retail outlet the Boost Juice was an inspiration from America. She decided to introduce it in Australia while getting inspired by the health drink trends in the United States.
- Boost Juice has over 300 store outlets in 13 countries.
- She is a keen fan and player of tennis.
- More than 50 tons of mangoes are consumed in Boost Juice every year.
- Boost Juice sells over 1 million of products each year.