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.. Lewis left five years ago but retained a 20 per cent stake. Paul Richardsons net worth is $15 million. or debate this issue live on our message boards. The official website for that ishttps://www.mpmsu.edu.in/. Gymshark has become the United Kingdoms first DTC brand to attain Unicorn status without the assistance of outside financing in the year 2020. His father played in the NFL with the Philadelphia Eagles. Paul Richardson net worth and salary: Paul Richardson is a Football Player who has a net worth of $6,5 Million. -. The company, started by Birmingham U.K.-born Ben Francis in 2012, now age 28,. It's been so important for us to have advisers around us that we can not only trust but that will also tell it like it is and Gateley has certainly proved itself to be one of those. Last year's Sunday Times Rich List put his worth at 700 million. It is definitely worth spending a couple of dollars more though. 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. Then Covid got in the way and thats been delayed until further notice. I think it would be remiss of me not to continue to bring in the right people to help elevate us to that next level. "Weve also build a vibrant, addictive internal culture lead by Steve as CEO. A few months later, Paul accepted the role of Gymshark Director, then Chief Strategic Officer and since then he has overseen and guided the growth of one of Britain's biggest business success stories and is currently Executive Chairman. 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,. Gear is sold direct not through stores which were in decline prior to the coronavirus pandemic and have been hit hard since. Gymshark, which was launched in 2012, manufactures and sells its own range of fitness clothing. Absolutely not. The couple has two daughters. Richardson also has stakes in VERSACE Mens T-Shirts and BUYMA. [6], Buoyed by an increase in revenue and recruitment, Gymshark expanded its regional headquarters in Solihull in 2020. You may also leave a comment on any article on our website and we will contact you via email. As always you can unsubscribe at any time. [2], In 2000, Richardson co-bought fashion retailer AllSaints out of administration and joined the board as a director. GA will have paid close to 300 million dollars for their 21 per cent stake. Paul Richardson will oversee the brand's growth. As he couldnt find any he decided to make them. Paul Richardson's net worth is $15 million. His wifes name is Jodi Jones. Although they have been together for many years, the couple havent revealed much information about them. No comments have so far been submitted. In this episode, we discuss Paul's role with G. education business podcasts management. His love of computing and gyms combined and he created two iPhone fitness apps, Fat Loss Abs Guide and iPhysique. 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. A 19 year-old, struggling pizza delivery boy starts a sports supplement and clothing company from his bedroom. In August, Gymshark was valued at 1 billion, after US private equity giant General Atlantic snapped up a 21 per cent stake in his business - making his partner Ben the richest self-made Briton under 30 with a worth of around 650million. Gymshark now employs 900 people across the world - including the company's headquarters in Solihull. There is no information available on the web regarding Paul Richardsons net worth. Molly Rainford is joining the cast of the soap. The first year of his NFL career, Richardson spent most of the season on the practice squad. Online retailer Hera London, despite its name, is headquartered in Cheltenham and was founded by local entrepreneur Ash White in 2015. Nestle scraps popular item in UK leaving customers 'devastated'. Net worth Currently the business is worth at around $1.45 billion. Save up to 50% on Skin Care when you shop now. Gymshark was spawned from Mr Francis's personal desire for comfortable, stretchy fitness gear which fitted people of all sizes. Ben Francis is the CEO and founder of Gymshark, a well-known fitness brand in the United Kingdom. Both were basic but popular. Ben then wanted a website to sell things on. I just wanted to enjoy my life. Who knows where it will take us.. This explains the reason for the lack of public appearances. Justin Harling - CEO, CAE Technology Services. We use cookies to make your experience better. It. We will shortly solve your problems. Mr Francis said his early upbringing was pivotal in his success. Paul Richardsons net worth is difficult to estimate because he is not open about his personal life. The six year-old brand that was originally known for its skinny jeans, oversized sweatshirts and loungewear plus its celebrity following will continue to operate from its UK HQ in Cheltenham and has taken on extra expertise to help it expand. During his studies, he built the first version of the "Gymshark" website, establishing the brand online. Are you a Midlands manufacturer with a product or project to shout about and a great story to tell? Ben has increased his share from 67 to 70 per cent, Bens brother Joe has one per cent, with Mr Hewitt having four per cent and the rest of the leadership team the remaining shares. Birmingham City's owners Birmingham Sports Holding Limited (BSHL) are now on the verge of selling the club to a consortium lead by former Argentina player Maxi Lopez and Blues fan Paul Richardson. Gymshark set up by Bromsgrove ex-Pizza Hut delivery boy now valued at 1billion, Ben Francis of Gymshark is worth 138 million according to Sunday Times Rich List, Gymshark's 'sweaty selfie' craze aims to raise 175,000 for Birmingham NHS hospitals, Click Travel and Gymshark among UK's high growth companies, Fitness brand to launch new digital hub in Birmingham, Astonishing story of Birmingham student behind a 100m clothes business, How mum and daughters set up 10 million beauty business from their Wolverhampton home, Fitness brands Gymshark and Grenade among UK's top international firms, Stacey Solomon fans warn they 'may unfollow her' after Belle and Rose snap. Unlike other brands, Gymshark uses plus-size people wearing its clothing. Something went wrong, please try again later. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. He went to a body building expo and showcased his gear. His business was valued at nearly 1.5 billion, Never miss the latest local news again by signing up to our Daily Newsletter. Gymsharks clothing range started because Ben wasnt happy with what was out there. Write your queries in the comments section. Role . Paul Richardson was also a former Director of Clad Group Limited and Executive Chairman and Executive Director of Gymshark. E: jon.robinson@newsco.com, Craig Dorham, Business Development Manager 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. In August 2020 Gymshark was valued at over 1bn ($1.3bn) and joined the exclusive list of British companies to achieve "unicorn" status. At the time Steve was working as an agent working between European suppliers and businesses. Shop the best selection of deals on Cameras now. ITV Emmerdale's Amy Nuttall 'crying every day' after husband Andrew Buchan leaves her for co-star, Buchan has reportedly left her for BBC Better co-star Leila Farzad, 40, ITV Emmerdales Amy Nuttall rumbled husband Andrew Buchan and BBC Better co-star Leila Farzad's romance by lingerie. Copyright 2023 FashionNetwork.com All rights reserved. Perfect for a posh Christmas! Last year, he married stunning Canadian fitness influencer, Robin Gallant, and the pair divide their time between the Cotswolds. And then the Gymshark brand was born. Prior to that, he was a joint owner and Director of AllSaints, expanding the brand from five to 12 stores between 2002 and 2004. Or by navigating to the user icon in the top right. Ive been able to learn and grow at a turbo charged rate that will stand me in good stead over the next ten years, learning at a rate otherwise impossible. In July 2022, Richardson launched a takeover bid for Birmingham City alongside former footballer Maxi Lpez,[15] at a reported fee of 35 million. Paul Richardson also serves as Investor and Non-Executive Chairman at Energem and as Investor and Non-Executive Director at ARX Alliance. Paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, Net Worth & More. Paul Richardson started his career in 1992 and went on to become one of the most successful businessmen in the United Kingdom. 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. Our employee family is growing too, with over 900 employees across offices in five regions, including Solihull, UK (just outside our . Ben says in the last 12 months those figures have grown 50 per cent. Ben Francis started Gymshark from his parents' garage in 2012 when he was 19 years . As always you can unsubscribe at any time. They have two daughters named Georgia Richardson and Holly Beadle. Lewis also explained how the pair's success wouldn't have been possible without the support of his and Ben's families. A majority stake in a Gloucestershire-based clothing brand has been acquired by a director with the gym wear firm Gymshark. Paul Richardson (born 31 May 1959) is a British businessman, entrepreneur and will be the co-owner of Birmingham City Football Club. His wife's name is Jodi Jones. Lounge Underwear Webcast. 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. 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. Shoppers joke M&S have after US private equity giant General Atlantic snapped up a 21 per cent stake in his business - making his partner Ben the richest self-made Briton under 30 with a worth of around 650million. 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. Paul Richardson, who works . If you have any doubt related to Paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, Net Worth & More. 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