Spanx founder Sara Blakely gave Bill Gates shapewear to help hide his "love handles"

What to buy the man who has everything Spanx founder Sara Blakely reveals she gave Bill Gates shapewear to help hide his 'love handles'

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UPDATED:

20:02 GMT, 1 August 2012

Savvy: Spanx founder Sara Blakely, pictured, has revealed she gave a piece of her shapewear to Microsoft co-founder Bill Gates

Savvy: Spanx founder Sara Blakely, pictured, has revealed she gave her shapewear to Microsoft's Bill Gates

Spanx founder Sara Blakely has helped shape women's bodies for years – and now she's set her sights on Bill Gates.

The 41-year-old entrepreneur become a billionaire through her ingenious undergarment business.

Now, she has revealed that she gave shapewear to the co-founder of Microsoft when the pair met recently.

Mr Gates, 56, had invited Ms Blakely out for dinner in Miami after reading about her success in Forbes magazine.

It had named her the 416th richest woman in the U.S. as of March, 2012.

The Atlanta-based businesswoman told People magazine: 'I said, “Bill, I brought you something I'm pretty sure nobody has ever given to you”.'

The bubbly blonde than presented him with one of her shapewear garments that are intended for men.

Assuming the gift was for his wife, he said to her: 'Spanx Melinda is going to be really happy about this'.

To which she replied: 'Actually, Bill, they're for you!'

After Mr Gates offered her business wisdom, Ms Blakely said she taught him a thing or two herself.

'I taught him that love handles on a man can be addressed with our undershirt,' she said.

The mother-of-one, who has been married to her businessman husband Jessie Itzler, 43, for four years, also opened up her luxurious home to the magazine.

The couple have one son named Laser, three, who was named after his father's great-grandfather.

The beautiful 10,000sq-ft home features a bullet-proof pane of glass in the living area.

'I had the builder call Bergdorf's to find the glass they use in their storefronts,' she said. 'It's everything-proof.'

Big fan: The Microsoft co-founder, seen standing above, took in a table tennis match at the Olympic Games in London on July 29

Big fan: The Microsoft co-founder, seen standing above, took in a table tennis match at the Olympic Games in London on July 29

She added that the look of the place is 'eclectic'.

'The design came from my imagination running wild,' she added.

Mr Itzler said: 'I always say she's 50per cent Einstein and 50per cent Lucille Ball.'

The house features a ceiling taken from an old church that sits above the master bedroom.

'I wanted the room to be natural – but with a bit of red,' she explained.

An enormous outdoor pool is also
included on the property which is accompanied by a pool house with an
outdoor bar and guest suite.

She admitted that she rarely cooks, despite having a wonderfully spacious kitchen.

Happy family: Ms Blakely (right) is married to businessman Jesse Itzler (left) and the couple share a son named Laser who is three

Happy family: Ms Blakely (right) is married to businessman Jesse Itzler (left) and the couple share a son named Laser who is three

Adorable: Laser, pictured, was named after his father's great-grandfather

Adorable: Laser, pictured, was named after his father's great-grandfather

'My life hasn't really lent itself to cooking,' she said. 'We juice all day.'

She also owns plenty of pairs of shoes that she claimed she does not actually wear.

'I'm a shoe collector not wearer,' she said of her collection which boasts everything from Christian Louboutin heels to Target ballet flats.

Quirky details include a sign, hanging on one of the home's wall, that reads: 'What if the hokey-pokey really is what it's all about'

'Jesse and I don't take ourselves too seriously,' she said.

Ms Blakely is the youngest self-made woman to have joined Forbes' billionaire list in March.

The magazine revealed how the founder
of a company that is estimated to be worth about $1billion is scared of
heights, flying and speaking in public.

Genius: The undergarment for men (left) and one of the many for women (right)

Genius: The undergarment for men (left) and one of the many for women (right)

Genius: The undergarment for men (left) and one of the many for women (right)

And
yet despite these crippling fears, Ms Blakely has made her fortune
largely as a one-woman show, travelling cross-country for in-store
demonstrations and taking customer service calls from her bathroom at
home.

A one-time Disneyworld employee, Ms
Blakely found her real calling when hawking fax machines door to door
for Danks, an office stationary supply company in Florida.

Uncomfortable in the sticky humidity she
was desperate to find a pair of pantyhose that didn't have seamed toes
and that didn't roll up the leg when she cut them.

She explained to Forbes: 'I’d never worked in fashion or retail. I just needed an undergarment that didn’t exist.'