Louis Welch

PRESIDENT, CO-CHIEF EXECUTIVE, FITNESS INTERNATIONAL LLC

Co-founded LA Fitness chain 1984 with Chinyol Li … largest nonfranchised U.S. operator … $2.1B 2017 revenue, 700+ locations, 30K employees … co-owners: Seidler Equity, CIVC, Madison Dearborn … chain notoriously press-averse … adding amenities … Welch: golfer … bicoastal, super-luxe homeowner … $19.7M cash, 2017, Montage Residences Beverly Hills