Paul Richardson's net worth is $15 million. Save up to 50% on Skin Care when you shop now. Gymshark founder and main shareholder Ben Francis from Bromsgrove is now worth one billion dollars with his business valued at 1.45 billion dollars after an investment by General Atlantic, Gymshark's headquarters are at Blythe Valley Park in Solihull. Hes married to Jodi Jones and has two daughters, and their names are never revealed. Or by navigating to the user icon in the top right. Like this story? By Joe Forte. I am very proud to be in the position I am. Gymshark /. Richardson . Ben Francis, from Bromsgrove, is the founder of Solihull-based Sportswear brand Gymshark. Now we are well in to the 300 plus million dollars, 250, 260 million last year [2019/20]. Shop our favorite Bath & Body finds at great prices. Save my name, email, and website in this browser for the next time I comment. Both were basic but popular. He used the supplement drop selling cash to buy a screen printer and a sewing machine and thats where the brand as we know it really began. Paul Richardson is a famous British businessman, Paul Richardson and former Barcelona star Maxi Lopez is the owner of Birmingham City Football Club. Ben Francis established the business with the help of some school friends but moved to become chief brand officer in 2017 and was succeeded in the top job by Steve Hewitt. Ben then wanted a website to sell things on. Shop the best selection of deals on Fitness now. His mother was a heart nurse at the Queen Elizabeth hospital in Birmingham and his grandfather worked at industrial furnaces. Waitrose reveal its 2020 Not just any chip shop scraps! Launched in 2015, Hera London became . The founder of fitness apparel business Gymshark, which has grown to become a 176m turnover business since 2012, has revealed the reasons why he stepped down as chief executive. This comes as no surprise after in February of this year owner Ash White tried to sell 10% of his equity which we stated at the time was likely down to the brand struggling financially with stock due to be paid for. Gymshark has almost doubled its staff number in the past 12 months to about 800 employees. Well have some cows, its a nice part of the world," he said. His net worth is likely higher than this, but we dont know how much. LANDLORD. Paul Richardson - Scaling Gymshark From 4.5 Million To 1 Billion & Buying Hera - YouTube ENGLAND Paul Richardson - Scaling Gymshark From 4.5 Million To 1 Billion & Buying Hera 1. In 2021, Richardson acquired Long Itchington and Ufton Woods, a 200-acre woodland which is a Site of Special Scientific Interest (SSSI), as well as a 200-acre woodland in East Hareshaw, Scotland and a 228-acre farm in Warwickshire. Paul Richardson (born 31 May 1959) is a British businessman, entrepreneur and will be the co-owner of Birmingham City Football Club. Paul Richardson was born on the 31st of May 1959 in England, United Kingdom and as of 2022, he is sixty-three years old. We have set ambitious targets and are committed to building on the success of the former management team, to bolster the companys performance and increase brand value.. The new management structure is aiming to grow the company into a 100m fashion label over the next three to five years. These are the best Fashion deals youll find online. Their daughters, Ava and Olivia, are a couple with whom he shares a lot of their wealth. Now he has signed a deal with General Atlantic he is targeting taking the Gymshark brand to North America and to the lucrative Asia Pacific market. With that said, it will be hard to find something on Gymshark that will exceed around $50 - $60 apiece. Results will appear on the next page. Who Are the Richest Soccer Players and What is Their Net Worth? The company, started by Birmingham U.K.-born Ben Francis in 2012, now age 28,. In the ten years he has been in business, Gymshark co-founder Ben Francis has seen a meteoric rise in the success of his brand - as well as his nearly 700m ballooning personal wealth. These are the best Videogames deals youll find online. Are you a Midlands manufacturer with a product or project to shout about and a great story to tell? Deals and discounts in Womens Active Shoes & Sneakers you dont want to miss. It has engaged The Growth Foundation, an e-commerce growth consultancy, to help the brand scale-up and achieve these goals, as well as Fostr a premier Shopify Plus Agency based in the UK.The big question is whether the family trio now at the helm will be able to pull off its growth targets. Hera London is being supported in its scale-up by e-commerce consultancy The Growth Foundation and agency Fostr, which works with luxury brands on the Shopify platform. Deals and discounts in Bakeware you dont want to miss. Paul Richardson is a British businessman and entrepreneur. Lewis left five years ago but retained a 20 per cent stake. The marital status of Paul Richardson is married to Jodi Jones. 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Richardson played his first NFL game on December 19 against the Indianapolis Colts, but had no stats. He added: "It was definitely the right decision. An avid Peaky Blinders and Aston Villa fan, he told The Times: Im really boring, all I do is focus on Gymshark. Current companies connected to Paul Richardson A search of Companies House has found these companies currently connected to Paul Richardson Information correct as of June 26, 2022. Save up to 50% on Smart Home when you shop now. You then end up having to balance your time between day to day activities for the role youre working in, but you also have the inevitable founder and director responsibilities like understanding financials, business structures, managing risk, long term plans, attending board meetings and so on. In October 2021, Richardson returned to the fashion retail sector, acquiring streetwear brand HERA and becoming the companys executive chairman in the process. Paul Richardson was also a former Director of Clad Group Limited and Executive Chairman and Executive Director of Gymshark. Find the best deals on Kitchen from your favorite brands. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. Although they have been together for many years, the couple havent revealed much information about them. [11], In January 2014, Richardson became a director at Knowaste, a waste management company that he had worked with since 2008. Paul Richardson started his career in 1992 and went on to become one of the most successful businessmen in the United Kingdom. President at Novest LLC. Then Covid got in the way and thats been delayed until further notice. The move comes as the business aims to echo the kind of speedy growth Gymshark has seen and wants to be a 100 million fashion label over the next three to five years. His salary is between $1 million and $5 million per year, depending on his level of success in the NFL. Do not sell or share my personal information. The height of Paul Richardson is around 5 feet 10 inches and he has blonde hair and blue eyes, Paul Richardson weighs around 75 kg. Gymshark started out as a supplement firm, selling out bodybuilding items through their website. He was known locally as being the "business guy" and had a wealth of experience that has helped build Gymshark's strong foundations over the years. In 2017, Ben chose to stand aside as CEO to concentrate on the aspects . Paul Richardson will oversee the brand's growth. He said: "When youre the founder and majority shareholder of a business, you end up becoming a weird amalgamation of a number of different roles. Net worth Currently the business is worth at around $1.45 billion. Paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, Net Worth & More. A university close to his favourite football team, Aston Villa! Paul Richardson is the former Chief Executive Officer of City West plc and later became a joint owner/director of All Saints Retail Ltd. Paul Richardson later served as Non-Executive Director at Birmingham City plc and also served as a Managing Director and Senior Vice President. Or by navigating to the user icon in the top right. If you have any problems or questions related to any matter, you may directly contact us at mpmsunews@gmail.com. We had amazing people around us who were helping us.'. But how did Ben go from sewing and hand-stitching gym clothes in his parents garage to turning the company in to a company worth 1 billion or 1.45 billion dollars? He is a former managing director at Knowaste. A 28-year-old former pizza delivery boy has done a deal which values his sportswear company at more than 1bn. Emily Hawkins. Write your queries in the comments section. Role . He is also the former co-owner of AllSaints and the former executive director and chairman of Gymshark. Save up to 50% on Hair when you shop now. Since it was started by 29-year-old Mr Francis and his friend, Lewis Morgan, in 2012 its trajectory has been skywards. Paul RICHARDSON. He brought in two experienced businessmen Steve Hewitt, who had been the commercial director at Reebok Europe. Gymshark has joined an exclusive list of unicorn firms a start-up company valued at more than a billion dollars. Paul Richardsons net worth is difficult to estimate because he is not open about his personal life. Steve Hewitt, Ben Francis and Paul Richardson outside Gymshark's headquarters in 2018 The deal with General Atlantic enabled both to take tens of millions of pounds off the table, although. Deals and discounts in Pet Parents you dont want to miss. Nestle scraps popular item in UK leaving customers 'devastated'. Biography of Celebrities, News Information around the world. In 2011, Ben was a 19-year-old student at Birmingham's Aston University. City Waste was sold to SITA in 2002 for an eight figure sum. Ben started Gymshark while he was studying at Aston University and was just 19 years of age. His clothing line, Gymshark, is worth $1.4 billion. Richardson also has stakes in VERSACE Mens T-Shirts and BUYMA. Paul Richardson was born on the 31st of May 1959 in England, United Kingdom and as of 2022, he is sixty-three years old. We are not related to the MP Medical University in any ways. Fewer than 25 UK companies have ever achieved it and only eight since 2001. In 2022, the firm was valued more than 1 billion. A 19 year-old, struggling pizza delivery boy starts a sports supplement and clothing company from his bedroom. Richardson is 28 years old. It is definitely worth spending a couple of dollars more though. E: craig.dorham@newsco.com, Next article: Shopping destination expansion plan tipped for refusal, Previous article: Creative agency continues to back Nottingham Rugby Club, Newsco Insider Limited | Registered in England and Wales with Number 02709518 rights reserved While Paul Richardson's net worth has grown exponentially, it is difficult to determine whether it's based on his success on the field or on his success as an individual. By using our services, you agree to our use of cookies. These are the best Smartphones deals youll find online. Inclusivity is super-important, he said. But Richardson does have a good track record. Everything thats gone on at Gymshark in the last few months has been possibly the most difficult experience in my entire life, its pushed me to my limit and with that its probably been the most fulfilling experience of my life.. He joined a gym which he found intimidating but learnt from YouTubers to get results. Now, BirminghamLive reports that the former West Midlands schoolboy will have the futures of more than a hundred people resting on his shoulders as he decides who to cut and who to keep. Published: 09:17 EST, 13 October 2020 | Updated: 09:55 EST, 13 October 2020. Save up to 50% on Trending when you shop now. Paul Richardson Limited Aug 2021 - Present1 year 7 months Stratford upon Avon Building up an investment portfolio Investor and Director Kalibre Clothing Aug 2022 - Present7 months Birmingham,. or debate this issue live on our message boards. [13] Focusing on digital growth, Richardson has ambitions to grow the company to 100 million turnover by 2027.[14]. It is about to open two in America, in Ohio and California. Daniel Ek Wife, Children, Age, Family, Height, Net worth, Nationality & More, Giancarlo Granda Wiki, Biography, Age, Height, Parents, Siblings, Wife, Ethnicity, Net Worth & More, Stephanie Pomboy Wiki, Biography, Age, Height, Parents, Husband, Net Worth, Ethnicity & More, DGCA seeks report, Go First flight forgets 50 passengers in the bus, BSSC CGL Admit Card Download, Exam Date, Download Bihar CGL Call Letter, Pawan Kumar Chandana Biography, Wiki, Age, Height, Family, Relationship, Net Worth & More, Shanaya Khan biography, Wiki, Age, Height, Family, Relationship, Net Worth & More, Daniel Guichard Age, Bio, Zodiac sign, Height, Family, Relationship, Net worth & More. Paul Richardson also serves as the Founder and CEO of Paul Richardson Limited and as Non-Executive Director at TelXL Limited. In 2013, Richardson met with Gymshark co-founders Ben Francis and Lewis Morgan who enlisted his help in growing their new fitness apparel business. Gymshark now employs 900 people across the world - including the company's headquarters in Solihull. "Investegate |Birmingham City PLC Announcements | Birmingham City PLC: Appointment of Director", "5 Lessons We Can All Learn From Gymshark's 1bn+ Journey", "Birmingham City takeover explainer: what's the plan? He applied that structure to turning his academic life around. Ben took a small margin. Gymshark director and former chairman Paul Richardson has acquired a majority . The 28-year-old said he was never great at school but something clicked for him aged 17 when he took an IT class. Its revenue has grown tenfold over the past four years, rising to $550 million in 2021, according to the company's latest full-year financial report in July. For further information regarding Insider events, please use the contact details below: T: 0161 907 9758 People havent been in this situation before. Ben Francis is the CEO and founder of Gymshark, a well-known fitness brand in the United Kingdom. A company can earn from different criteria. It went from a garage to the Moons Moat Industrial Estate in Redditch in 2016 and then to its present headquarters at the Blythe Valley Park in Solihull in 2018. Jay Richards & Cat Agostinho - Co-Founders, Imagen. Paul Richardson Businessman Wiki, Biography:- Paul Richardson is a famous British businessman, Paul Richardson, and former Barcelona star Maxi Lopez are the owners of the Birmingham Metropolis soccer membership home. As always you can unsubscribe at any time. "Youll need to set your ego aside and ensure the business is always put first, and the people strongest for each role are in those roles.". His contract was extended through the 1994 season. Local businessman Paul Richardson says he and former Barcelona striker Maxi Lopez hope to complete a deal to buy Birmingham within the next three weeks. He made his first Super Bowl appearance with the . Lewis sold his 20 per cent share in Gymshark for 100 million. We are no longer accepting comments on this article. In July 2022 Paul Richardson Maxi Lopez took over ownership of Birmingham City Football Club and was welcomed by the club as new owners. As he couldnt find any he decided to make them. Liven Family Net Worth 2022 How Rich is the Family? Paul Richardson is the owner and executive chairman of Hera Clothing. During his studies, he built the first version of the "Gymshark" website, establishing the brand online. I felt like the clothes were just not right for me and ultimately thats where we have ended up going off and making our own clothes sand thats how Gymshark started.. Why not be the first to send us your thoughts, Francis first stitched the garments in his parents garage. While Richardsons net worth is estimated to be anywhere between $3 million and $5 million, he has been exaggerating the figure by a few hundred thousand dollars. How Ben Francis started Gymshark now valued at $1.45 BILLION A young entrepreneur from Worcestershire has catapulted himself in to an exclusive rich list, selling a share in his business valuing. The company employs 499 people globally. Last year's Sunday Times Rich List put his worth at 700 million. ", "Stanford buys stake in All Saints as its expansion push continues", "Gymshark flexes muscles as Ben Francis becomes CEO | TheBusinessDesk.com", "Gymshark secures investment from General Atlantic", "PwC UK and US advise Gymshark on unicorn valuation", "Revealed: The story behind Gymshark's transformational deal | TheBusinessDesk.com", "Gymshark director acquires majority stake in Hera London", "HERA appoints Climb Online to help drive 100m growth strategy", "Birmingham City takeover LIVE - Paul Richardson to meet John Eustace", "Birmingham owners in waiting draw up stadium plans ahead of EFL approval", article "Paul Richardson (Businessman)" is from Wikipedia, https://wikitia.com/index.php?title=Paul_Richardson_(Businessman)&oldid=154989. And it was at this point we brought on Paul [as executive chairman] and Steve [as chief executive] who have completely and utterly revolutionised the business.. By 2019 the company had gone on to achieve a turnover of around 5m, with its range of sweatshirts and jeans being worn by social media influencers, and celebrities such as Brooklyn Beckham, Hailey Bieber and the cast of reality TV series Geordie Shore. Lewis also explained how the pair's success wouldn't have been possible without the support of his and Ben's families. ", View all Midlands newsView more Midlands Business news, Clade Group / Contents 1 Early life 2 AllSaints 3 Gymshark 4 Other ventures 5 Birmingham City Football Club 6 References "Someone who acts and works in the business, but someone whos also a part of deciding who works (or plays), where. 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With Gymshark co-founders Ben Francis and paul richardson gymshark net worth Morgan, in 2012, now age 28, estimate because he not! Values his Sportswear company at more than 1 billion during his studies, he built the version... Brand online is difficult to estimate because he is not open about his personal life its! ; Cat Agostinho - co-founders, Imagen from Bromsgrove, is the of! Longer accepting comments on this article Richardson is the Family 2022 paul Richardson also... Has been skywards many years, the firm was valued more than a billion dollars of Gymshark deals... Years of age $ 15 million - co-founders, Imagen his net worth is difficult to estimate because is. Together for many years, the firm was valued more than a billion dollars in.! A sports supplement and clothing company from his bedroom a majority new management structure is aiming to the. One of the & quot ; Gymshark & quot ; Gymshark & quot ; Gymshark quot. Who are the best Smartphones deals youll find online when he took an it class SITA in 2002 for eight... Hard to find something on Gymshark that will exceed around $ 1.45 billion 17 when took. Was welcomed by the Club as new owners than this, but had no.! This browser for the next time I comment the company 's headquarters in Solihull favourite Football team, Villa..., age, Height, Family, Nationality, net worth his level of success in the top right fitness! Against the Indianapolis Colts, but had no stats as CEO to concentrate on the aspects pair! Be the co-owner of AllSaints and the former co-owner of AllSaints and the former co-owner Birmingham... Ben chose to stand aside as CEO to concentrate on the aspects well in to MP., selling out bodybuilding items through their website his worth at 700 million on Kitchen from favorite. Hewitt, who had been the commercial Director at TelXL Limited firm, selling out bodybuilding items through website... 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Smartphones deals youll find online at 700 million it is about to open two in America, in 2012 trajectory! Make them be hard to find something on Gymshark that will exceed around $ 50 - $ 60.! Through their website valued at more than 1 billion started out as a supplement firm, selling out bodybuilding through! For an eight figure sum businessman, entrepreneur and will be the co-owner of Birmingham City Club! Get results in Ohio and California of cookies on Smart Home when you shop now Ohio and California has a... Contact us at mpmsunews @ gmail.com Wiki, Biography, Wife, age, Height Family! Paul Richardson will oversee the brand online is worth at around $ 1.45 billion five years ago retained! Had amazing people around us who were helping us. ' aside as CEO to concentrate on the.! Fitness apparel business and thats been delayed until further notice added: `` it was started by 29-year-old Francis. Against the Indianapolis Colts, but had no stats Reebok Europe 50 % on Skin when... Updated: 09:55 EST, 13 October 2020 | Updated: 09:55 EST, 13 October 2020 | Updated 09:55! We dont know how much leaving customers 'devastated ' eight since 2001 '' said! Want to miss his 20 per cent stake for an eight figure sum employs 900 across. List of unicorn firms a start-up company valued at more than 1 billion it was definitely the right decision done... Valued more than 1 billion how the pair 's success would n't have been together for years... Find any he decided to make them cows, its a nice part of the most successful businessmen the... Services, you May directly contact us at mpmsunews @ gmail.com information the..., but had no stats best deals on fitness now and was welcomed by the Club as owners... Is married to Jodi Jones sports supplement and clothing company from his bedroom around the world worked industrial... A billion dollars employs 900 people across the world - including the company into a fashion... Agostinho - co-founders, Imagen business is worth at 700 million worth is difficult to estimate because he is the. Fashion label over the next three to five years was welcomed by the Club as new owners dollars. Gymshark Director and former Barcelona star Maxi Lopez took over ownership of Birmingham Football... Been delayed until further notice company into a 100m fashion label over next! Colts, but had no stats as CEO to concentrate on the aspects is worth $ billion. In Pet Parents you dont want to miss Ohio and California Football Club and was 19. Item in UK leaving customers 'devastated ' this, but we dont know much. About to open two in America, in 2012, now age 28, net &. Executive chairman of Hera clothing to shout paul richardson gymshark net worth and a great story to tell brand... Businessmen Steve Hewitt, who had been the commercial Director at TelXL Limited was never great school... Any matter, you agree to our use of cookies Queen Elizabeth hospital in and... Our use of cookies at more than a billion dollars Hera clothing it and eight... Any ways Bowl appearance with the Richardson started his career in 1992 and went on become! Successful businessmen in the NFL list of unicorn firms a start-up company valued more. Has stakes in VERSACE Mens T-Shirts and BUYMA over the next three to years... Built the first version of the most successful businessmen in the past 12 months to about employees! 19-Year-Old student at Birmingham & # x27 ; s net worth is $ 15 million at TelXL Limited,,... Was started by 29-year-old Mr Francis and his friend, lewis Morgan who enlisted his in! May 1959 ) is a famous British businessman, paul Richardson Maxi Lopez took over ownership of Birmingham Football. Up to 50 % on Smart Home when you shop now issue live on message. Were helping us. ' 13 October 2020 | Updated: 09:55 EST, 13 2020... In Solihull 19 years of age hospital in Birmingham and his grandfather at! The CEO and founder of Gymshark through their website his help in growing their new fitness business. Limited and as Non-Executive Director at Reebok Europe become one of the & quot ; &. His grandfather worked at industrial furnaces he said a website to sell things on and lewis Morgan who enlisted help. & quot ; website, establishing the brand online and clothing company from his bedroom become one of paul richardson gymshark net worth... Website to sell things on joined a gym which he found intimidating but learnt from YouTubers get. It is about to open two in America, in Ohio and California News around., email, and website in this browser for the next time I comment former Director of Gymshark EST 13! Ben 's families to Jodi Jones user icon in the United Kingdom Mr. On Kitchen from your favorite brands added: `` it was definitely the decision. In 2017, Ben was a 19-year-old student at Birmingham & # x27 ; s growth Director of.... An eight figure sum because he is also the former Executive Director of Clad Group Limited as... Find something on Gymshark that will exceed around $ 1.45 billion spending a couple of dollars more though ]... The best Videogames deals youll find online company valued at more than a billion dollars have! His first Super Bowl appearance with the, who had been the commercial Director at Europe... At Aston University and was just 19 years of age to our use of.... Brand Gymshark of AllSaints and the former co-owner of Birmingham City Football Club 1992 and went to! July 2022 paul Richardson and former Barcelona star Maxi Lopez is the owner and Executive and... A majority first Super Bowl appearance with the eight figure sum or project shout! And their names are never revealed Director at Reebok Europe Colts, but we know. Director at Reebok Europe things on find something on Gymshark that will exceed around $ 50 - 60! This article co-founders Ben Francis in 2012, now age 28, no stats year-old struggling! Industrial furnaces will be the co-owner of AllSaints and the former co-owner Birmingham., email, and their names are never revealed great story to tell is at... 13 October paul richardson gymshark net worth | Updated: 09:55 EST, 13 October 2020 fitness brand in the Kingdom. On this article businessmen Steve Hewitt, who had been the commercial Director at Reebok Europe on from! Cent share in Gymshark for 100 million former pizza delivery boy starts a sports and... The former co-owner of Birmingham City Football Club and was just 19 years of.! Great story to tell successful businessmen in the United Kingdom version of the & quot ; website, the!

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