John Foley (born 1971) is an American former billionaire and business executive who co-founded Peloton in 2012 and Ernesta in 2023.

[1] Foley was born in Houston, Texas, in 1971, and grew up in Key Largo, Florida.

As Peloton began to experience financial difficulties related to the COVID-19 pandemic, his net worth declined to approximately $225 million in November 2022.

[7] After leaving Peloton, Foley founded Ernesta, an online rug company that ships samples to customers.

[10] Foley lives in the West Village neighbourhood of Manhattan with his wife Jill and their two children, a son and a daughter.