{{Short description|American fitness entrepreneur}} {{Infobox person | name = Julie Rice | image = | image_size = | caption = | birth_date = | birth_place = | alma_mater = Binghamton University | occupation = Entrepreneur, CEO, Chief Brand Officer | known_for = SoulCycle, WeWork | net_worth = | spouse = Spencer Rice | children = 2 | parents = | relatives = }}
'''Julie Rice''' in an entrepreneur, investor and co-founder of SoulCycle, a New York City-based fitness company that offers indoor cycling (also known as "spinning") workout classes.
== Personal life == Rice studied English and theater at Binghamton University.<ref name=shan>{{cite news|last1=Li|first1=Shan|title=SoulCycle founders are peddling fun in the gym|url=http://www.latimes.com/business/la-fi-himi-cutler-rice-20150809-story.html|agency=Los Angeles Times|date=August 9, 2015}}</ref> She is married to Spencer Rice. The couple has two daughters.<ref name="auto">{{cite news|last1=Romeyn|first1=Kathryn|title=How an Ex-Talent Manager Co-Founded SoulCycle and Sold for $90M|url=https://www.hollywoodreporter.com/news/how-an-talent-manager-founded-soulcycle-sold-90m-1015009|agency=Hollywood Reporter|date=July 3, 2017}}</ref>
== Career == thumb|SoulCycle San Francisco Rice worked as a talent manager for exotic dancers in Los Angeles for twenty years. She moved back to New York in 2002.<ref name="auto"/> Rice founded SoulCycle in 2006 with Elizabeth Cutler and Ruth Zukerman.<ref>{{cite news | url=https://www.nytimes.com/2010/10/10/fashion/10Spin.html | title=In New York, a Rivalry Shifts Into High Gear | author=Saint Louis, Catherine | work=New York Times | date=2010-10-10}}</ref> SoulCycle's first studio was on the Upper West Side.<ref>{{cite news | url=https://www.wsj.com/articles/SB10001424127887323342404579081680434969954 | title=How I Built It: Cycling Chain SoulCycle Spins Into Fast Lane | author=Hong, Nicole| publisher=Wall Street Journal | date=2013-09-18}}</ref> The three were self-funded with a large amount of the money coming from Cutler's investment in Izze Beverage Company.<ref name=shan/>
Rice sold most of her SoulCycle shares to Equinox Fitness in 2011. She sold the remainder of her shares to Equinox in 2016 for approximately $90 million. She remains on the board.<ref name="auto"/>
Rice was named Chief Brand Officer of WeWork in November 2017.<ref>{{cite news|last1=L'Heureux|first1=Catie|title=SoulCycle Founder Julie Rice Is the New Chief Brand Officer of WeWork|url=https://www.thecut.com/2017/11/soulcycle-julie-rice-new-chief-brand-officer-wework.html|agency=The Cut|date=November 20, 2017}}</ref> She resigned from WeWork in 2019.<ref>{{Cite web|url=https://finance.yahoo.com/news/wework-makes-small-round-staff-224559409.html|title=WeWork Makes Small Round of Staff Cuts, Hours After Delaying IPO|last1=Huet|first1=Ellen|last2=Tan|first2=Gillian|date=September 17, 2019|website=finance.yahoo.com via Bloomberg|language=en-US|archive-url=|archive-date=|access-date=2019-12-16}}</ref><ref>{{Cite magazine|url=https://www.vanityfair.com/news/2019/11/inside-the-fall-of-wework|title="You Don't Bring Bad News to the Cult Leader": Inside the Fall of WeWork|last=Sherman|first=Gabriel|date=November 21, 2019|magazine=Vanity Fair|language=en|archive-url=|archive-date=|access-date=2019-12-16}}</ref>
Rice and Cutler co-founded the company Peoplehood in 2019. The company facilitates guided conversations.<ref>{{Cite web |last=Deczynski |first=Rebecca |date=2021-10-26 |title=What SoulCycle Founders Julie Rice and Elizabeth Cutler Learned About Listening to Customers and Building Community |url=https://www.inc.com/rebecca-deczynski/soulcycle-your-next-move-wrap.html |access-date=2022-03-11 |website=Inc.com |language=en}}</ref>
==References== {{Reflist}}
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{{DEFAULTSORT:Rice, Julie}} Category:Living people Category:Businesspeople from New York City Category:Talent managers Category:Businesspeople from Los Angeles Category:Binghamton University alumni Category:21st-century American businesspeople Category:American women business executives Category:Year of birth missing (living people) Category:21st-century American businesswomen