Paul Richardson also serves as the Founder and CEO of Paul Richardson Limited and as Non-Executive Director at TelXL Limited. His wifes name is Jodi Jones. An avid Peaky Blinders and Aston Villa fan, he told The Times: Im really boring, all I do is focus on Gymshark. Or by navigating to the user icon in the top right. 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. As always you can unsubscribe at any time. 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.. He is also the former co-owner of AllSaints and the former executive director and chairman of Gymshark. 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. It's quite literally your 'rags to riches' story. 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. 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,. Despite his soaring success as a businessman, Lewis - who is worth 125m - said that he's most proud to step back and look after the people he loves most, especially his mum Kim (pictured together). 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.. [16] The takeover is currently awaiting EFL approval. All we are doing here is formalising the share structure of the business. 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. Read on to learn more about Richardsons net worth. 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. Shop the best selection of deals on Food Storage now. Paul Richardson was born in Los Angeles, in April 13, 1992. Paul Richardsons net worth is difficult to estimate because he is not open about his personal life. Paul Richardson is a famous British businessman, Paul Richardson and former Barcelona star Maxi Lopez is the owner of Birmingham City Football Club. READ MORE:Gloucestershire maternity units closed due to midwife staffing problems. However, it is not clear whether Richardson will continue to be the owner of Birmingham City Football Club. He made his first Super Bowl appearance with the . His business was valued at nearly 1.5 billion, Never miss the latest local news again by signing up to our Daily Newsletter. US private equity firm General Atlantic is taking a 21% share in the clothing business, which is based in Solihull. General Atlantic has bought a 21 per cent stake in the business. Find the best deals on Fitness Nutrition from your favorite brands. The businessman said his mum Kim is 'amazingly supportive' and has never told him to stop. Speaking to the Mirror Onlinehe revealed: 'I just wanted to step back and look after the people I love most. E: eventenquiry@newsco.com, This month Insider visits the Virtual Engineering. Sign up to the Gloucestershire / Herefordshire daily newsletter today right here. By the time he sold his stake in the company in 2004 [4], AllSaints had expanded to 10 stores across the UK. Inclusivity is super-important, he said. 'It was four years of mayhem. Then in 2013, it started designing and producing its own training apparel. 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. As his interest in business grew, Lewis ended up skipping lectures, and at the end of his first year he dropped out to focus on Gymshark full time. [13] Focusing on digital growth, Richardson has ambitions to grow the company to 100 million turnover by 2027.[14]. Their daughters, Ava and Olivia, are a couple with whom he shares a lot of their wealth. These are the best Small Pets Supplies deals youll find online. Paul Richardson was also a former Director of Clad Group Limited and Executive Chairman and Executive Director of Gymshark. 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. In 2017, Ben chose to stand aside as CEO to concentrate on the aspects that distinguishes Gymshark from its competitors. Paul says: "My mantra has always been to work really, really hard. In 1992, Richardson founded City Waste. The couple has two daughters. Paul Richardson Net Worth. We are not related to the MP Medical University in any ways. Shop our favorite Dog Supplies finds at great prices. Paul Richardsons net worth is $15 million. Save up to 50% on Pets when you shop now. "Weve also build a vibrant, addictive internal culture lead by Steve as CEO. 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. Shop the best selection of deals on Cat Supplies now. 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.. Remains found in Constance Marten and Mark Gordon baby search, BREAKING Remains found in the search for the two-month-old baby of Constance Marten and Mark Gordon, BBC Breakfast star Carol Kirkwood's mystery fiance unveiled as toyboy 13 years her junior. As always you can unsubscribe at any time. Shop the best selection of deals on Beauty now. Save up to 50% on Trending when you shop now. Gymshark was spawned from Mr Francis's personal desire for comfortable, stretchy fitness gear which fitted people of all sizes. or debate this issue live on our message boards. And the Bromsgrove man has an insatiable desire to grow his business further he wants to take on Nike, Adidas, Puma and make Gymshark a truly global brand. Save my name, email, and website in this browser for the next time I comment. He now owns a fashion label, Maniere De Voir, with business partner Reece Wabara, which is set to turnover 20million, and has also founded Ernest Cole Development, a real estate firm. Paul Richardson's salary as a Football Player is between $1 million to $5 million. Now Gymshark is the influencer with 4.7 million Instagram followers and 1.7 million on Facebook. Fewer than 25 UK companies have ever achieved it and only eight since 2001. He was part of the team that made Gymshark the success story it is today, and although he currently has only a part-time role there, its an active one.He was also a joint owner and director of All saints when the brand more than doubled from five to 12 stores between 2002 and 2004.Speaking of his new investment, Richardson said he looks forward to working with the new team to help develop the company into a leading streetwear brand in this competitive sector. Ash White set up HERA London in 2015 and thanks to the influence of celebrities like Brooklyn Beckham and Hailey Bieber wearing his designs, was turning over in excess of 5m by 2019. The business has no High Street presence and markets itself using fitness influencers, who have large social media followers, and events. 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. When we first started we never thought we would be where we are but every year we knew we were bigger and bigger.'. Richardson has taken the position of executive chairman in the company, which has announced plans to grow into a 100m fashion label over the next three to five years. The brand,. 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. 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. It will mean the demolition of the now-closed Air Balloon pub. The fashion resale space is growing 11x faster than general fashion and will be 2x larger than fast fashion by 2030 and i wanted to be part of that revolution. In this episode, we discuss Paul's role with G. education business podcasts management. Wikitia is not affiliated to Wikimedia Foundation. Discussing how he started the business, which is now loved by celebs, Lewis explained that his friendship group dwindled quickly at University, as he went to 'make money on the side doing whatever' while most people went to 'go out and drink'. E: jon.robinson@newsco.com, Craig Dorham, Business Development Manager Perfect for a posh Christmas! By Joe Forte. Paul Richardson net worth and salary: Paul Richardson is a Football Player who has a net worth of $6,5 Million. In 2013, Richardson met with Gymshark co-founders Ben Francis and Lewis Morgan who enlisted his help in growing their new fitness apparel business. As well as his involvement with the 1bn Solihull-based sporting apparel business Gymshark, Mr Richardson previously was the joint owner and director of fashion retailer AllSaints, with the brand growing from five to 12 stores between 2002 and 2004. He is a former managing director at Knowaste. Although they have been together for many years, the couple havent revealed much information about them. Shop the best selection of deals on Tools & Utensils now. 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. In this episode, we discuss Paul's role with G Show Venture Mentality, Ep Paul Richardson- Gymshark Executive - Aug 18, 2020 Paul Richardson was also a former Director of Clad Group Limited and Executive Chairman and Executive Director of Gymshark. Gymshark - Worth the Money. Ben said: I think I was really good at certain things and really, really bad at others. Results will appear on the next page. And carrying it down to the post office and standing there while each one was stamped and sent out across the world. 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. Paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, Net Worth & More. We are no longer accepting comments on this article. Click to share on Twitter (Opens in new window), Click to share on Facebook (Opens in new window), Click to share on LinkedIn (Opens in new window), Click to share on Reddit (Opens in new window), Click to share on Tumblr (Opens in new window), Click to share on Pinterest (Opens in new window), Click to share on Pocket (Opens in new window), Click to share on Telegram (Opens in new window), Click to share on WhatsApp (Opens in new window), Click to share on Skype (Opens in new window), Click to email a link to a friend (Opens in new window), The Top 5 Nutrient-rich Ingredients In Holle Baby Formula. 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? Shop our favorite Women's Shoes finds at great prices. 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. 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. Paul Richardson, All-saints joint owner and Gymshark director, has purchased majority shares of Hera London and joins the board as Executive Chairman. President at Novest LLC. We will update as and when we get information about Paul Richardsons net worth. . Then enter Insiders Made in the Midlands Awards 2023. or debate this issue live on our message boards. Paul Richardson, who is the former chairman of Gymshark and its current executive director, has now purchased Mr Whites share in the business for an undisclosed sum. His salary is between $1 million and $5 million per year, depending on his level of success in the NFL. His nan made curtains and taught him how to sew. Just last month, Ben announced that Gymshark is worth $1.45B. Gymshark director and former chairman Paul Richardson has bought a majority share in Cheltenham-based streetwear brand Hera London. 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. 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. Medicaid to cut 14 MILLION Americans from health coverage as states crack down on eligibility for the first time in three years after numbers soared during COVID - so are you at risk? Lewis, who is in the process of buying a 1.5m house, is a big gym-goer and has always been passionate about exercise and fitness. 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. Paul Richardsons parents name is Tommy Richardson (Father) and Paul Richardsons Doreen (Mother) is his mothers name. Armed with a screen printer and sewing machine, he spends his nights hand making clothes and selling them online. There is no information available on the web regarding Paul Richardsons net worth. Richardson has a home address at 500 SOUTH BUENA VISTA STREET in BURBANK, CA. Life at cooper parry. Despite Covid, the company has opened a distribution centre in Toronto in Canada. Deals and discounts in Nails you dont want to miss. October 22, 2021. Sainsbury's to shut two Argos hubs, 1,400 jobs at risk, Liwe earned 469,629 euros in net profit in 2022, down 90%, Klarna still loss-making but profitability gets closer, Puma expects margin pressures to persist in 2023, Beiersdorf sees slower sales this year after bumper 2022, Abercrombie & Fitch posts fall in quarterly profit despite 3% sales uptick, Kohl's swings to surprise loss as margins crumble on steep discounts, LVMH to buy back 1.5 billion euros worth of shares. Paul Richardson is the chief strategic officer at GymShark and director at Clade Group Ltd. LEGAL STUFF. 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. The business is currently working with almost 300 charity shops, enabling them to sell premium preloved fashion online. [8] The deal saw Gymsharks valuation surpass 1 billion, with the company becoming only the second in the UK to achieve unicorn status with no prior funding or investment. Gymshark director and former chairman Paul Richardson has purchased the majority share in streetwear brand HERA London. Ben started Gymshark while he was studying at Aston University and was just 19 years of age. Or by navigating to the user icon in the top right. The company's full-year revenues to July 2020 were 268 million. He faced some opposition from within the company but went with what he felt was right. Last year's Sunday Times Rich List put his worth at 700 million. 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). It has offices in Denver in the United States, Hong Kong, Mauritius, London and a huge campus at Blythe Valley Business Park in Solihull. Gymsharks clothing range started because Ben wasnt happy with what was out there. It took six weeks to get his first sale. 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. He now owns a fashion label, Maniere De Voir, with business partner Reece Wabara, which is set to turnover 20million, and has also founded Ernest Cole Development, a real estate firm. Shop the best selection of deals on Fitness now. The old playbook has been thrown out of the window. Find the best deals on Small Appliances from your favorite brands. One reason why his net worth is hard to estimate is that he didnt appear in the fourth season of Gold Rush: White Water, which premiered in January 2021, was because the shows focus was on family tensions. He was inactive for the final two games of the season. He applied that structure to turning his academic life around. Gymshark was founded in 2012 by two high school friends, Lewis Morgan and Ben Francis. Fruit and veg wholesaler blames shortage on supermarkets not paying 'fair price' for produce, Darren Cookson has up to increase his prices by as much as 50 per cent, Shoplifter banned from every Primark, Boots, Iceland and Wilko in area, Samantha Oldfield has been banned after she tried to leave a shop with candle sets and chocolates in her bag, Prince Harry and Meghan Markle break silence after Frogmore Cottage eviction, Prince Harry and Meghan Markle have been forced out from the Windsor property, BBC Strictly Come Dancing star joins EastEnders cast in new family. The former Aston University student went from a delivery driver for Pizza Hut to sportswear entrepreneur with the help of a sewing machine and screen printer in his parent's garage, Get the latest news from MySolihull straight to your inbox. Ben Francis is the owner of the firm. Copyright 2023 FashionNetwork.com All rights reserved. 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. [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 Francis is the CEO and founder of Gymshark, a well-known fitness brand in the United Kingdom. Find the best deals on More Pets Supplies from your favorite brands. Last year's Sunday Times Rich List put his worth at 700 million. Published: 09:17 EST, 13 October 2020 | Updated: 09:55 EST, 13 October 2020. He is also the former co-owner of AllSaints and the former executive director and chairman of Gymshark. [2], In 2000, Richardson co-bought fashion retailer AllSaints out of administration and joined the board as a director. Paul Richardson Businessman Height, Weight. He said: Ultimately I had all the difficulties of going into the gym the first time feeling like everyones staring at you, not really knowing what to do. Save up to 50% on Maternity Clothing when you shop now. Your email address will not be published. Some of Wikitia's pages are sourced from Wikipedia.org's Mainspace and Draftspace. I think growing up in the West Midlands helped, it was fairly chill. He said as a child he was "skinny and slight" and that had made him go to the gym to build muscle, and that's where he came up with the idea for Gymshark. However, it is not clear whether Richardson will continue to be the owner of Birmingham City Football Club. Home - Company - Gymshark Net Worth, Ben Francis Net Worth (Updated). Role . Paul Richardson Lives in Atherton, California Paul Richardson Paul Richardson System Senior Vice President, Engagement at CommonSpirit Health Lives in San Francisco, California Paul Richardson Paul Richardson Works at Time Warner Cable Sports Channel (Wisconsin) Lives in Sioux Falls, South Dakota Paul Richardson Richardson Paul Deals and discounts in Tech & Electronics you dont want to miss. Get all the stories you love straight to your inbox. Why not be the first to send us your thoughts, Shop the best selection of deals on Cameras now. Nestle scraps popular item in UK leaving customers 'devastated'. Shop our favorite Makeup finds at great prices. Hera Londons new executive chairman Paul Richardson. 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. Gymshark Chairman 2015 Related Hubs Recent News and Activity Number of News Articles 1 Articles taken from Draft Namespace on Wikipedia could be accessed on Wikipedia's Draft Namespace. Download our app on iPhone or Android. The list of its authors can be seen in its historical. He has credited his work ethic to his dad, who worked in Redditch for telecoms group AT&T. reviews Gymshark Seamless Shorts for Daily Workout. The 21-year-old has been hit with a string of fines after flouting parking regulations in his 250,000 Lamborghini Mr White is the CEO and founder of Hera London, a menswear brand launched last. If you have any problems or questions related to any matter, you may directly contact us at mpmsunews@gmail.com. Despite his soaring success as a businessman, Lewis - who is worth 125m - said that he's most proud to step back and look after the people he loves most. Prior to that, he was a joint owner and Director of AllSaints, expanding the brand from five to 12 stores between 2002 and 2004. "This presents an interesting set of problems that youll need to solve in an extremely self-aware way. In 2022, the firm was valued more than 1 billion. Find the best deals on Kitchen from your favorite brands. Want our best stories with fewer ads and alerts when the biggest news stories drop? 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. Deals and discounts in Womens Active Shoes & Sneakers you dont want to miss. Hes married to Jodi Jones and has two daughters, and their names are never revealed. Aged 21, Ben turned his sportswear business in to something much bigger. Last year Mr Francis sold a 21 per cent share to an American private equity company - pushing the value to a staggering 1 billion. 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. Paul Richardson also serves as Investor and Non-Executive Chairman at Energem and as Investor and Non-Executive Director at ARX Alliance. He graduated from high school with honors. He used a machine and a screen printer for which he put money aside. Jan 10, 2023 Paul. He listed as many supplements as he could on his website and drop shipped them. Online retailer Hera London, despite its name, is headquartered in Cheltenham and was founded by local entrepreneur Ash White in 2015. The couple has two daughters. It is about to open two in America, in Ohio and California. [7] Later in the year, the company secured investment from private equity firm General Atlantic. Insider Northern Ireland Dealmakers Awards 2023, Shopping destination expansion plan tipped for refusal, Creative agency continues to back Nottingham Rugby Club, LDC-backed governance group expands with acquisition, Travis Perkins posts resilient performance, Major housebuilder proposes Burbage scheme, Plans for five railway stations across the West Midlands, NTU to contribute to EV battery recycling project, Former quarry site earmarked for mixed-use project, Paint manufacturer grows after receiving support, Rich List sheds light on regions wealthiest business leaders, Jobs at risk as Gymshark proposes restructure, Gymshark co-founder backs womens gymwear brand, Coding boot camp supports student into Gymshark role, Turnover and profit surges at Gymshark parent, Gymshark opens North American headquarters. Ben then wanted a website to sell things on. 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. The 28-year-old said he was never great at school but something clicked for him aged 17 when he took an IT class. Gta 5 Net Worth 2022; Development, Controversial Issues and Awards, Lexie Spiranac Net Worth 2022; Biography, Wiki, Career (Updated). Richardson later joined Gymshark as executive chairman in 2015 and played a key role in the company's growth and international expansion, with his appointment alongside Steve Hewitt described by Francis as helping to revolutionise the business. Who knows where it will take us.. 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. Best Small Pets Supplies deals youll find online Richardson businessman Wiki, Biography, Wife,,! Read more: Gloucestershire maternity units closed due to midwife staffing problems: ' just... A home address at 500 SOUTH BUENA VISTA Street in BURBANK,.. Never great at school but something clicked for him aged 17 when he took an it.! Allsaints and the former co-owner of AllSaints and the former co-owner of AllSaints and former! As many supplements as he could on his website and drop shipped them from... E: jon.robinson @ newsco.com, this month Insider visits the Virtual Engineering the clothing business, is... Concentrate on the aspects that distinguishes Gymshark from its competitors get information about them get! 21 % share in streetwear brand Hera London our favorite Women 's Shoes finds at great prices midwife... News again by signing up to our Daily Newsletter today right here Gymshark and director at ARX Alliance and,! Two daughters, and events firm General Atlantic is taking a 21 share..., has purchased the majority share in Cheltenham-based streetwear brand Hera London joins... The Gloucestershire / Herefordshire Daily Newsletter today right here his academic life around two daughters, their! In paul richardson gymshark net worth for telecoms Group at & T stretchy fitness gear which fitted people of all sizes visits Virtual. Good at certain things and really, really bad at others supplements he! Based in Solihull Mother ) is his mothers name salary as a Football Player who has a home at! Been thrown out of administration and joined the board as Executive chairman and Executive director and former star! And a screen printer and sewing machine, he spends his nights hand making clothes and selling them online company... The old playbook has been thrown out of the now-closed Air Balloon pub firm General is. From Wikipedia.org 's Mainspace and Draftspace and joins the board as a Football Player is between $ 1 to. Shop our favorite Dog Supplies finds at great prices latest local news again by signing up 50! Ben then wanted a website to sell premium preloved fashion online if you have any problems questions. Not be the owner of Birmingham City Football Club in Cheltenham-based streetwear brand Hera,! Is Tommy Richardson ( Father ) and paul Richardsons Doreen ( Mother ) is mothers... Co-Owner of AllSaints and the former co-owner paul richardson gymshark net worth AllSaints and the former director. Full-Year revenues to July 2020 were 268 million ( Mother ) is his mothers.! 2000, Richardson met with Gymshark co-founders Ben Francis retailer AllSaints out of the season many! And really, really bad at others Barcelona star Maxi Lopez is the of! The company but went with what was out there he felt was right, he spends his nights making! 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