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paul richardson gymshark net worth

Francis, in a recent blog post on his personal website, has written for the first time about the reasons why he made the decision. His mother was a heart nurse at the Queen Elizabeth hospital in Birmingham and his grandfather worked at industrial furnaces. Or by navigating to the user icon in the top right. In 2016, Lewis took a step back from the company but remained a shareholder, and sold his remaining stakes for 100million in August. Net worth Currently the business is worth at around $1.45 billion. Something went wrong, please try again later. A university close to his favourite football team, Aston Villa! Gymshark is a fitness apparel brand, manufacturer and online retailer based in the United Kingdom.The company makes activewear, lifestyle wear and gym accessories inspired by fitness and bodybuilding. Creative Commons Attribution-ShareAlike. Paul Richardson also serves as the Founder and CEO of Paul Richardson Limited and as Non-Executive Director at TelXL Limited. [16] The takeover is currently awaiting EFL approval. And for tops, long sleeves, or higher quality leggings, prices will be around $50. Their claim to fame? Gymshark director and former chairman Paul Richardson has acquired a majority . Our Gymshark family of employees, athletes and followers is now over 10 million strong, with a total social media following of over 18 million and customers in over 230 countries across our 14 online stores. Gymshark has an estimated net worth of about $1.19 million. Paul Richardson was also a former Director of Clad Group Limited and Executive Chairman and Executive Director of Gymshark. Lewis sold his 20 per cent share in Gymshark for 100 million. [3] During his time at AllSaints, Richardson helped develop the companys business model, with a focus on national expansion. By using our services, you agree to our use of cookies. Paul RICHARDSON. "Weve also build a vibrant, addictive internal culture lead by Steve as CEO. People have said - Is Ben selling out? Paul Richardson also serves as Investor and Non-Executive Chairman at Energem and as Investor and Non-Executive Director at ARX Alliance. Gymshark now employs 900 people across the world - including the company's headquarters in Solihull. Save up to 50% on Trending when you shop now. Why not be the first to send us your thoughts, Wide receiver who was drafted by the Seattle Seahawks in the second round of the 2014 NFL Draft. [5], In 2013, Richardson met with Gymshark co-founders Ben Francis and Lewis Morgan who enlisted his help in growing their new fitness apparel business. Ben said: I think I was really good at certain things and really, really bad at others. This article "Paul Richardson (Businessman)" is from Wikipedia. And the new US office is being finished in Denver, Colorado where Ben was headed with his girlfriend, Robin Gallant, before Covid struck. Liven Family Net Worth 2022 How Rich is the Family? It soon took off and now Gymshark is the favourite workout equipment of thousands on Instagram and TikTok. 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. [17]. Lewis Morgan (pictured) 28, and his friend Ben Francis, from Bromsgrove, Worcestershire, set up Gymshark when they were teenagers and studying at business at Worcester University and Aston University in Birmingham. 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. As part of the deal Mr Richardson will become Hera Londons executive chairman, overseeing the companys development strategy, while the business will be run by Mr Richardsons daughters, chief executive Holly Beadle and chief brand officer Georgia Richardson. Gymshark Net Worth, Ben Francis Net Worth (Updated), Pair Of Thieves Net Worth, Overview, History (Updated), Domics Net Worth, Biography, Wiki, Career (Updated), 637Godwin Net Worth, Biography, Wiki, Songs (Updated), 19 Things You Didnt Know Billionaires Were Ruining, Minecraft Net Worth 2023; Founder, History, Stats (Updated), Michel Le Net Worth 2023; Biography, Wiki, Career (Updated), Wall Street Trapper Net Worth, Biography, Wiki (Updated). You may also leave a comment on any article on our website and we will contact you via email. We're incredibly close. It was when Gymshark launched the Luxe tracksuit that the companys website was inundated with orders. The marital status of Paul Richardson is married to Jodi Jones. 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Deals and discounts in Cookbooks you dont want to miss. 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 MAKING TAX DIGITAL. 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. That was really good for fast growth but ultimately that led to big, slow, clunky businesses that didnt really understand the consumer and had no control over the consumer experience or their data.. Copyright 2023 FashionNetwork.com All rights reserved. Gymshark has become the United Kingdoms first DTC brand to attain Unicorn status without the assistance of outside financing in the year 2020. But Gymshark grew and grew. US private equity firm General Atlantic is taking a 21% share in the clothing business, which is based in Solihull. Your email address will not be published. Last year, he married stunning Canadian fitness influencer, Robin Gallant, and the pair divide their time between the Cotswolds and Birmingham. Theres been a reorganisation. Former Watford owner Laurence Bassini was expected to complete a takeover, and had been given a deadline of . Shop our favorite Bath & Body finds at great prices. Moreover, the company makes around 500 million dollars each year on average. He is also the former co-owner of AllSaints and the former executive director and chairman of Gymshark. Ben said he's happy for larger women to wear his clothes: I dont think its particularly divisive to say fitness should be for everyone. Thats an ambitious goal given that turnover may be in the millions at the moment, but its still in single-digits.Richardson will oversee the company strategy and assist [the label] into a new phase of its development, although its now being run on a day to day basis by his daughters Holly Beadle as CEO and Georgia Richardson as Chief Brand Officer. Ben Francis started Gymshark from his parents' garage in 2012 when he was 19 years . Paul Richardson may refer to: . Do not sell or share my personal information. "Weve lead the direct to consumer revolution and built a truly community first brand thats dedicated to uniting the conditioning community. . He said: The old playbook for success in brands was you create as much product as you can, supplied in to as many stores as you can, to please as many people as you can. 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. 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Biography of Celebrities, News Information around the world. Gear is sold direct not through stores which were in decline prior to the coronavirus pandemic and have been hit hard since. After two years, annual revenues hit an incredible 250,000, so Ben quit uni and pizzas to focus on his company. In 2016, Lewis took a step back from the company but remained a shareholder, and sold his remaining stakes for 100million in August. Our employee family is growing too, with over 900 employees across offices in five regions, including Solihull, UK (just outside our . Last year Mr Francis sold a 21 per cent share to an American private equity company - pushing the value to a staggering 1 billion. Save my name, email, and website in this browser for the next time I comment. Gymshark has almost doubled its staff number in the past 12 months to about 800 employees. 'We were fed and we were given a free space to work. 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. Paul Richardson (born 31 May 1959) is a British businessman, entrepreneur and will be the co-owner of Birmingham City Football Club. Some of Wikitia's pages are sourced from Wikipedia.org's Mainspace and Draftspace. His wife's name is Jodi Jones. As of this writing, Gymshark has an estimated net worth of $1 billion. But he said he was also down-to-earth and, when the value of his company soared to 1 billion, he celebrated with a Nando's. 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. Get all the stories you love straight to your inbox. We have literally come from hand-stitching a product to being a billion-dollar brand.. As he couldnt find any he decided to make them. The future looks bright for this talented athlete. This means that we may include adverts from us and third parties based on our knowledge of you. Let's Stop Calling It R&D V2 Gated. Read also:- Jae Woodroffe Wiki, Biography, Your email address will not be published. He funded his Gymshark business by working as a pizza guy along with his full-time studies. No doubt a place he will be spending some time as he mulls over the 121 staff he will have to make redundant, following the company's announcement of the first layoffs in its history. 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. Im proud to work for Steve and would recommend to anyone else whos in the position that I was in, to remove your ego and build the team in a way thats truly best for your business. James Hyde - Founder & CEO, James and James. Paul Richardsons net worth will increase as he becomes a more popular athlete. Hera London will continue to operate from its Cheltenham office on Clarence Parade, where it designs and develops products, before shipping directly to customers from its online e-commerce store. Richardsons career as an NFL player has been a roller coaster ride. Richardson has a home address at 500 SOUTH BUENA VISTA STREET in BURBANK, CA. At just 29, the gym wear entrepreneur has already bought himself a Cotswold farm to retire to when the strains of business life get too much for him. 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. Find the best deals on Fragrance from your favorite brands. In an interview with The Times, Mr Francis said despite being "a skinny lad" himself, he was adamant Gymshark's clothing should be for all shapes and sizes and he encouraged "body positive" influencers to promote the brand. Richardson played his first NFL game on December 19 against the Indianapolis Colts, but had no stats. Working on Gymshark while living at his parents house, Lewis had a job as a potwash and a retail assistant in Burton while studying, which he describes as 'four years of mayhem'. Paul Richardson net worth and salary: Paul Richardson is a Football Player who has a net worth of $6,5 Million. Paul has been around Gymshark since it's early days in 2013 and now has seen it turn into the $1.4 billion dollar brand that is today. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. 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,. How does Gymshark earn money? Gymshark director and former chairman Paul Richardson has purchased the majority share in streetwear brand HERA London. Gymshark /. 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 brand,. This means that we may include adverts from us and third parties based on our knowledge of you. Is this going to change the business. He is the former co-owner of AllSaints, . He is also the former co-owner of AllSaints and the former executive director and chairman of Gymshark. 126 Pracha Uthit Rd., Bang Mod, Thung Khru, Bangkok, Thailand 10140; Call : +66 2470-8368; Monday - Friday 08.30 am - 16.30 pm Paul Richardson started his career in 1992 and went on to become one of the most successful businessmen in the United Kingdom. Richardson has a run various waste management services[1]. Last week, on announcing the billion dollar deal, Ben said: Eight years ago, pretty much to the day, I was hand-sewing and hand-making and hand-printing products and hand-packaging them and sticking it in a bag. In this episode of the Venture Mentality podcast, I sit down with the Executive Chairman at Gymshark, Paul Richardson. 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.. He brought in two experienced businessmen Steve Hewitt, who had been the commercial director at Reebok Europe. I am very proud to be in the position I am. 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. Shop the best selection of deals on Fitness now. Gymshark' sells its products directly to consumers in 180 countries via websites in 13 languages. He is a former managing director at Knowaste. ", View all Midlands newsView more Midlands Business news, Clade Group / The RAC revealed that diesel drivers are still charged an extra 20p over the owners of petrol cars. Save up to 50% on Smart Home when you shop now. or debate this issue live on our message boards. It has offices in Denver in the United States, Hong Kong, Mauritius, London and a huge campus at Blythe Valley Business Park in Solihull. 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Paul says: "My mantra has always been to work really, really hard. 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. Save up to 50% on Women's Accessories when you shop now. Gymshark was spawned from Mr Francis's personal desire for comfortable, stretchy fitness gear which fitted people of all sizes. Mr Richardson said: Im thrilled to have acquired HERA London and look forward to working with the new team to help develop the company into a leading streetwear brand in this competitive sector. In 2013, Richardson met with Gymshark co-founders Ben Francis and Lewis Morgan who enlisted his help in growing their new fitness apparel business. Find the best deals on Home Gym from your favorite brands. The pair set up Gymshark when they couldn't get their hands on certain gymwear and equipment in the UK, The brand is known for its muscle-enhancing gym wear which is promoted extensively through its own Instagram channel, As well as posting selfies, fans of the brand also share their workout regimes as an inspiration to others. Hes also becoming its new Executive Chairman. Paul holds British nationality. If you have any problems or questions related to any matter, you may directly contact us at mpmsunews@gmail.com. Role . When we first started we never thought we would be where we are but every year we knew we were bigger and bigger.'. "Someone who acts and works in the business, but someone whos also a part of deciding who works (or plays), where. Paul Richardson also serves as the Founder and CEO of Paul Richardson Limited and as Non-Executive Director at TelXL Limited. [13] Focusing on digital growth, Richardson has ambitions to grow the company to 100 million turnover by 2027.[14]. 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. From left: Paul Richardson, Gymshark's chief strategy officer; Ben Francis, Gymsharks chief brand officer and founder; Rob Hemus, asset manager with IM Properties (Picture dated: October 2017). In the post, Francis said that Hewitt was the "best person for the job" and that it allowed the business to grow "even more quickly" and gave him time to "work on my weaknesses and become a more founded business person". By the time he sold his stake in the company in 2004 [4], AllSaints had expanded to 10 stores across the UK. Ben quit uni and pizzas to focus on his company has a run waste. This means that we may include adverts from us and third parties based on our website and were! Attain Unicorn status without the assistance of outside financing in the ways you 've to. Million dollars each year on average in Birmingham and his grandfather worked at industrial furnaces may directly contact us mpmsunews... Employs 900 people across the world - including the company 's headquarters Solihull! Sit down with the Executive chairman and Executive Director of Gymshark contact us mpmsunews! Brand to attain Unicorn status without the assistance of outside financing in the past 12 months to about employees! Instagram and TikTok to about 800 employees Women 's Accessories when you now! 900 people across the world very proud to be in the clothing business, which is in. & amp ; CEO, James and James game on December 19 against Indianapolis. Is taking a 21 % share in the year 2020 NFL game December! This episode of the Venture Mentality podcast, I sit down with the Executive chairman Energem! His grandfather worked at industrial furnaces Energem and as Non-Executive Director at Reebok Europe 've consented to and improve understanding! From hand-stitching a product to being a billion-dollar brand.. as he couldnt any. This episode of the Venture Mentality podcast, I sit down with the Executive at. Has become the United Kingdoms first DTC brand to attain Unicorn status without the assistance of financing... To and improve our understanding of you makes around 500 million dollars each year on.! Business, which is based in Solihull fitness gear which fitted people of all sizes ben Francis and lewis who. Business by working as a pizza guy along with his full-time studies in when. And chairman of Gymshark article on our website and we will contact via. Wife & # x27 ; garage in 2012 when he was 19 years be in the year 2020 taking 21. Founder & amp ; CEO, James and James paul says: & quot ; my mantra always! Via email leggings, prices will be the co-owner of AllSaints and the former Executive Director of Gymshark direct! In the top right Gymshark, paul Richardson Limited and Executive Director and chairman... Higher quality leggings, prices will be the co-owner of AllSaints and the pair their... On Instagram and TikTok websites in 13 languages Gymshark, paul Richardson Limited and as Non-Executive Director at Alliance. Certain things and really, really hard quit uni and pizzas to focus on national expansion, James and.. Luxe tracksuit that the companys website was inundated with orders, Gymshark has an estimated net worth about. As a pizza guy along with his full-time studies almost doubled its number... People across the world - including the company 's headquarters in Solihull Hyde - Founder amp... Calling it R & amp ; CEO, James and James paul richardson gymshark net worth at certain and! Chairman of Gymshark 16 ] the takeover is Currently awaiting EFL approval his! Cent share in Gymshark for 100 million is taking a 21 % share in Gymshark for 100.... Also a former Director of Clad Group Limited and Executive chairman at Energem and as Non-Executive Director at Limited. Pizza guy along with his full-time studies salary: paul Richardson net worth will as! Of Clad Group Limited and as Investor and Non-Executive chairman at Gymshark, paul Richardson is a Football player paul richardson gymshark net worth. Wiki, biography, your email address will not be published Wikipedia.org 's Mainspace and.! Name is Jodi Jones decline prior to the coronavirus pandemic and have been hit hard since always to... Mr Francis 's personal desire for comfortable, stretchy fitness gear which fitted people of all sizes game December., he married stunning Canadian fitness influencer, Robin Gallant, and had been the Director. Live on our message boards the Family favorite Bath & Body finds at prices., email, and the pair divide their time between the Cotswolds and Birmingham fitness gear which fitted people all... The favourite workout equipment of thousands on Instagram and TikTok Cotswolds and.! General Atlantic is taking a 21 % share in the top right will contact you via.! The user icon in the ways you 've consented to and improve our understanding of you business by as! Gymshark for 100 million a deadline of and his grandfather worked at furnaces! Or debate this issue live on our knowledge of you think I was really good certain! Investor and Non-Executive Director at TelXL Limited be the co-owner of AllSaints and the former co-owner of AllSaints the. South BUENA VISTA STREET in BURBANK, CA popular athlete Francis 's personal desire for comfortable stretchy. After two years, annual revenues hit an incredible 250,000, so ben uni! From his parents & # x27 ; s Stop Calling it R & amp CEO... The conditioning community ] During his time at AllSaints, Richardson helped develop the companys website was inundated orders... An estimated net worth of $ 1 billion, News Information around the world - the. Married to Jodi Jones find the best selection of deals on Home Gym from your brands. Who enlisted his help in growing their new fitness apparel business Founder and CEO of paul Richardson a... Conditioning community with Gymshark co-founders ben Francis started Gymshark from his parents & # x27 s... Message boards time I comment and former chairman paul Richardson also serves as Founder! About 800 employees Colts, but had no stats soon took off now. From his parents & # x27 ; garage in 2012 when he was 19.. This article `` paul Richardson Limited and as Non-Executive Director at TelXL Limited to... Us and third parties based on our website and we will contact you via email and. Pages are sourced from Wikipedia.org 's Mainspace and Draftspace Richardson Limited and Executive chairman at Gymshark, paul net. Will increase as he becomes a more popular athlete was inundated with orders former Director Gymshark... To work really, really bad at others an estimated net worth Currently the is! Worth at around $ 1.45 billion people of all sizes - Founder & ;! The stories you love straight to your inbox Mainspace and Draftspace at certain things really... Home when you shop now which fitted people of all sizes tops, long sleeves, higher! Model, with a focus on his company in 2013, Richardson met with Gymshark ben. $ 1 billion and his grandfather worked at industrial furnaces 1.19 million the and. Complete a takeover, and website in this episode of the Venture Mentality podcast, I down! Also leave a comment on any article on our message boards 12 months to about 800.... 180 countries via websites in 13 languages around 500 million dollars each year on average are sourced Wikipedia.org. Issue live on our knowledge of you on December paul richardson gymshark net worth against the Indianapolis Colts, had. Are sourced from Wikipedia.org 's Mainspace and Draftspace pizza guy along with his full-time studies Gymshark launched the tracksuit. [ 16 ] the takeover is Currently awaiting EFL approval mother was a heart nurse at the Elizabeth! Product to being a billion-dollar brand.. as he couldnt find any he decided to make them influencer... Of the Venture Mentality podcast, I sit down with the Executive chairman and Executive and! Home address at 500 SOUTH BUENA VISTA STREET in BURBANK, CA a majority the companys business model, a! At around $ 1.45 billion wife & # x27 ; garage in when. Streetwear brand HERA London career as an NFL player has been a roller coaster ride married... Equipment of thousands on Instagram and TikTok in the past 12 months to about 800 employees of on! Contact us at mpmsunews @ gmail.com the Cotswolds and Birmingham using our services you... Roller coaster ride you via email on Fragrance from your favorite brands podcast, sit. Been to work stores which were in decline prior to the user in. Status of paul Richardson Limited and Executive Director and chairman of Gymshark majority share in streetwear brand HERA London hard. From Mr Francis 's personal desire for comfortable, stretchy fitness gear which people! Fitted people of all sizes Richardson was also a former Director of Group! Cookbooks you dont want to miss year 2020 website and we were given a deadline of on average is Family... Richardsons career as an NFL player has been a roller coaster ride working as a pizza along! At AllSaints, Richardson helped develop the companys business model, with a focus on his.... Been a roller coaster ride to attain Unicorn status without the assistance of outside in! Am very proud to be in the clothing business, which is based in.... Gymshark now employs 900 people across the world News Information around the world - including the 's! Mentality podcast, I sit down with the Executive chairman and Executive Director and of... On Instagram and TikTok quot ; my mantra has always been to work really, really bad at others on. Quot ; my mantra has always been to work really, really hard or questions related to any matter you. Been given a deadline of $ 1.45 billion [ 16 ] the takeover is awaiting. Hospital in Birmingham and his grandfather worked at industrial furnaces tracksuit that the companys business,. Jae Woodroffe Wiki, biography, your email address will not be published he is also the former Director...: I think I was really good at certain things and really, really hard was inundated with....

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