Peloton was one of the hottest commodities on the market during the pandemic. But as the dangers of COVID-19 subsided, so too did the stock of the fitness equipment company, and its former billionaire CEO John Foley says his wealth got wiped out in the process.
"You know, at one point I had a lot of money on paper," Foley, who cofounded Peloton in 2012 and was at its helm for a decade, told the New York Post.
