David Giampaolo | |
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Born | 1958 Miami, Florida |
Occupation | Chief executive of Pi Capital and director of private companies |
Organization | Pi Capital |
Known for | Pi Capital, Fitness First |
David Anthony Giampaolo (born 1958) is the chief executive of Pi Capital, a London-based investor club. He is also a noted entrepreneur in the global health and fitness sector. He has been described as “…London’s most networked man” by The Times and other newspapers. He has co-founded or served on the board of several large businesses, including Fitness First, 24 Hour Fitness, Zumba and GlobalFit. He is a trustee of Speakers4Schools and a board member of UK technology firm Smartmatic.
In 2007 the Daily Telegraph listed him as one of the most influential Americans living in the UK. GQ Magazine placed him 6th on its list of the 100 Most Connected Men in Britain 2015. In 2016 he was made a member of The Maserati 100, a list of successful philanthropists and investors who work in support of new business talent, compiled by Maserati and The Centre for Entrepreneurs.
Born in Miami, Florida, Giampaolo spent his childhood in the city of Hollywood, FL. His father held several jobs simultaneously, including journalist, jazz musician and racetrack announcer. Giampaolo attended Cooper City High School, dropping out at age 16. He credits his decision to become an entrepreneur to his Italian immigrant family’s work ethic, particularly that of his father.
Aged 15 Giampaolo started a lawn-cutting business in his local neighbourhood, a business which grew to employing two of his friends. He then took up weight training, becoming an instructor at his local gym. At 17, he sold his lawn-cutting business for $3,000, a sum which he used to set up a small gym aimed at fitness enthusiasts. His clients there included a trio of wealthy doctors whose medical practice was nearby.
In an interview with Moneyweek, Giampaolo recounted: "One doctor said: "This place is a dump, it’s so hot. Why don’t you move to bigger premises?" And I said, flippantly, "Give me the money and I’ll do it". And he said ‘you’re on’.” Over the next two years the trio backed Giampaolo in opening up two health clubs, investing $50,000 to capitalise on the then-new trend for Nautilus fitness machines.