AUM

Not disclosed

Principals

3

Principal Net Worth

$1.6B

Data Flags

Wealth through iFIT (formerly ICON Health & Fitness); chairman but stepped down as CEO 2022; withdrew IPO 2022

Watterson Family Office

SFOHigh Confidence

Logan, Utah, USA

Last verified: Jan 17, 2026

Details

Website
Unknown
Source of Wealth
Fitness Equipment (iFIT)
Assets Under Management
Not disclosed
Source File
research/organizations/watterson-family-office.md
UID
fo-watterson-family-office

Also Known As

Scott Watterson Family OfficeWatterson CapitaliFIT Family Office

Relationship Strength

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Changelog

  • 2026-01-17UPGRADED to High confidence - Forbes #2933 confirms $1B+; ABC4 Utah/Spectrum/Axios confirm Utah billionaire with $1-1.6B range; multiple independent sources verify billionaire status
  • 2026-01-16Verification attempt - Forbes confirms $1.0B (#2933 2025); private company makes independent verification difficult; IPO withdrawal (2022) limits transparency; remains Medium
  • 2026-01-16Enriched with biography (age 70), education (Utah State BS), career founding iFIT/ICON, Mormon missionary in Taiwan, Mandarin speaker; updated Forbes rank to #2933 (2025); confidence updated to Medium
  • 2026-01-15Auto-generated from principal Scott Watterson

Engagement & Preferences