Mark Mastrov

{{short description|American businessman (born 1958)}}

{{Infobox person

| name = Mark Mastrov

| image =

| alt =

| caption =

| birth_name =

| birth_date = {{birth date and age|1958|1|29}}

| birth_place = Oakland, California, U.S.

| death_date =

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| other_names =

| occupation = Businessman, executive

| years_active =

| known_for = 24 Hour Fitness

}}

Mark S. Mastrov is an American businessman who is the co-founder and former CEO of 24 Hour Fitness. He is also part of the Sacramento Kings ownership group.

Career

The 24 Hour Fitness began in 1983 as a one-club operation called 24 Hour Nautilus.{{cite web|url=http://www.bizjournals.com/sacramento/news/2015/06/05/kings-owner-markmastrov-arena-will-change.html|title=Kings owner Mark Mastrov: Arena will change landscape of Sacramento|first=Mark|last= Anderson|website=Sacramento Business Journal|date=June 5, 2015|accessdate=January 6, 2016}} Mark Mastrov and Leonard Schlemm began the firm, with Mastrov and Schlemm remaining to continue its expansion.{{citation needed|date=October 2015}}

In 1998, David Giampaolo and Mark Mastrov co-founded Fitness Holdings Europe, a private-equity-backed investment vehicle, to open and acquire small chains of European health clubs.{{citation needed|date=January 2019}} Fitness Holdings Europe was merged into 24 Hour Fitness Worldwide, Inc. in 2000.{{cite journal|title=24 Hour Fitness Worldwide, Inc.|date=2014|journal=International Directory of Company Histories|volume=152|page=2|publisher=St. James Press (Gale, Cengage Learning group)|isbn=978-1-55862-888-5|editor-first=Jay P.|editor-last1=Pederson|orig-year=previous version appeared in vol.71|publication-place=Farmington Hills, Michigan|first1=Ed|last1=Dinger|first2=Arianna|last2=Dogil}}

In 2010 Mastrov founded Hard Candy Fitness with Madonna and her manager Guy Oseary.{{cite web |last1=Vick |first1=Megan |title=Madonna to Open Second Gym in Moscow |url=https://www.billboard.com/music/music-news/madonna-to-open-second-gym-in-moscow-949482/ |website=Billboard}}

In 2013, Mastrov became a member of a new Sacramento Kings ownership group, which was led by Vivek Ranadivé.{{cite web|url=http://www.thepostgame.com/features/201310/mark-mastrov-sacramento-kings-nba-owner-24-hour-fitness-founder|title=24 Hour Fitness Founder Mark Mastrov Fulfills NBA Dream By Owning Kings|first= Victor |last=Chi|website=The Post Game|date=October 14, 2013|accessdate=January 6, 2016}}

In November 2015, he founded professional video gaming esports team NRG Esports with Gerard Kelly and Andy Miller.{{cite web|url=https://www.sbnation.com/2015/11/16/9743044/nrg-esports-roster-impact-gmb-sacramento-kings-lol|title=NRG eSports, new LCS team purchased by Sacramento Kings co-owners, announces roster|first=Pete |last=Volk |website=SB Nation|date=November 16, 2015|accessdate=January 5, 2015}}

Personal life

Mastrov was born in 1958 in Oakland, California.{{cite news|url=http://www.insidebayarea.com/business/ci_14969302|title=Fitness mogul wants to shape up Warriors|first=David |last=Morrill|newspaper= Contra Costa Times|date=April 24, 2010|accessdate=January 6, 2016}} He grew up in the San Francisco Bay Area and graduated from Castro Valley High School where he played point guard.{{Cite web|url=https://www.eastbaytimes.com/2010/04/27/fitness-mogul-wants-to-shape-up-warriors/|title=Fitness mogul wants to shape up Warriors|date=27 April 2010}} He has a bachelor's degree in business from California State University, Hayward.

Mastrov's daughter, Mia Mastrov, played college basketball for the California Golden Bears.{{cite news|url=https://www.sfchronicle.com/sports/college/article/How-Cal-and-Stanford-athletes-are-raking-in-NIL-16652092.php|archive-url=https://archive.today/20211127052536/https://www.sfchronicle.com/sports/college/article/How-Cal-and-Stanford-athletes-are-raking-in-NIL-16652092.php|archive-date=2021-11-27|title=How Cal and Stanford athletes are raking in NIL deals without superstar status|last=Letourneau|first=Connor|date=2021-11-26|newspaper=San Francisco Chronicle}}

References