Sir Richard Branson shows off his Spanx

Spanx, the shapewear brand which has an estimated $400 million in sales, is beloved by millions of men and women around the world -- including Sir Richard Branson.

The business magnate recently met with CEO and founder of Spanx, Sara Blakely, at Goldman Sachs' 10,000 Small Businesses Summit event in Washington DC on Wednesday. In the now-viral Instagram post, Branson tells Blakely that Spanx is his 'favorite' kind of underwear, before pulling them up over his pants to prove it.

Both Branson and Blakely were trying to turn Michael Bloomberg onto the treasured undergarment, which has a cult following for both male and female consumers. "Don't bother. I've been wearing the same underwear for thirty years" responded Bloomberg.

To which Branson responded, "In fact, I think I'm wearing them right now!" No word yet if Bloomberg has drank the kool-aid.

 

Related: Inside Branson's private island

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Richard Branson's private island
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Richard Branson's private island
Necker Island, Turtle Beach
Necker Island, Long Beach
Necker Island
Necker Island
Necker Island on January 9, 1989.
Princess Diana (right) lies on the beach as members of her holiday party take a wind surfer into the water on Necker Island April 11, 1990.
Princess Diana nurses Prince Harry on her lap as Prince William (center) plays in the sand on a private beach on Necker Island in the British Virgin Islands on April 11, 1990.
Princess Diana is covered in sand by her son Prince William during a private beach holiday on Necker Island in the British Virgin Islands April 11, 1990.
Diana, Princess of Wales, with Prince Harry and her nieces and nephews on holiday on Necker Island, on January 9, 1989.
British businessman Richard Branson kite surfs during an outing with former President Obama during his holiday on Branson's Moskito island, in the British Virgin Islands, in a picture handed out by Virgin on February 7, 2017.
Former President Obama sits on a boat during a kite surfing outing with British businessman Richard Branson during his holiday on Branson's Moskito island, in the British Virgin Islands, in a picture handed out by Virgin on February 7, 2017.
Former President Obama and British businessman Richard Branson sit on a boat during Obama's holiday on Branson's Moskito island, in the British Virgin Islands, in a picture handed out by Virgin on February 7, 2017.
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