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. He funded his Gymshark business by working as a pizza guy along with his full-time studies. Then, when he got home, he worked on his next project. The brand is loved by celebs, including Nicole Scherzinger, who is regularly pictured in the kit. But Richardson does have a good track record. In 2016, Lewis took a step back from the company but remained a shareholder, and sold his remaining stakes for 100million in August. Now we are well in to the 300 plus million dollars, 250, 260 million last year [2019/20]. The deal has given Francis, a former pizza delivery guy from a small English town and 2018 Forbes 30 Under 30 alum, some serious doughForbes estimates his remaining Gymshark stake is worth more . 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. 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. Save up to 50% on Smart Home when you shop now. As always you can unsubscribe at any time. Richardson later joined Gymshark as executive chairman in 2015 and played a key role in the . His wife's name is Jodi Jones. The marital status of Paul Richardson is married to Jodi Jones. The business is currently working with almost 300 charity shops, enabling them to sell premium preloved fashion online. The actress reportedly rumbled Buchan and Farzard after they allegedly became close during the filming of the BBC thriller. Shop the best selection of deals on Laptops now. 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. 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. Last year, he married stunning Canadian fitness influencer, Robin Gallant, and the pair divide their time between the Cotswolds. 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. These are the best Small Pets Supplies deals youll find online. 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 Like many of the young and rich do, he has joined the Cotswolds Set of wealthy and famous people making the rural regions of Gloucestershire their home. 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. An. Paul Richardson (born 31 May 1959) is a British businessman, entrepreneur and will be the co-owner of Birmingham City Football Club. We use cookies to make your experience better. GA will have paid close to 300 million dollars for their 21 per cent stake. CEO Steve Hewitt, founder Ben-Francis and executive chairman Paul Richardson 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. Paul Richardson will oversee the brand's growth. The list of its authors can be seen in its historical. This means that we may include adverts from us and third parties based on our knowledge of you. Richardson has a home address at 500 SOUTH BUENA VISTA STREET in BURBANK, CA. His wifes name is Jodi Jones. He is the former co-owner of AllSaints, . 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. 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. Paul Richardson was born on the 31st of May 1959 in England, United Kingdom and as of 2022, he is sixty-three years old. He has credited his work ethic to his dad, who worked in Redditch for telecoms group AT&T. [10] The company would continue to build on the global foundations laid by Richardson and Hewitt, expanding its presence in the US market the following year with the opening of a new regional headquarters in Denver. 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. reviews Gymshark Seamless Shorts for Daily Workout. Paul Richardson may refer to: . No comments have so far been submitted. Ben Francis started Gymshark from his parents' garage in 2012 when he was 19 years . Wide receiver who was drafted by the Seattle Seahawks in the second round of the 2014 NFL Draft. Their claim to fame? Ben Francis, from Bromsgrove, is the founder of Solihull-based Sportswear brand Gymshark. Founder of celeb-loved brand Gymshark, 28, who is worth 125million reveals he sold his share of the company because 'money isn't everything' and 'helping his family is the most important thing' He said: I think at the point of Lewis leaving, we were in the revenues of ten to 12 million pounds. In this blog. Do not sell or share my personal information. 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. Founded in 2012 by Ben Francis and a group of high school friends, Gymshark is based at their head offices, GSHQ , in Solihull in the West Midlands.. Its revenue in 2018 surpassed 100m and as . He said: Ultimately my gut instinct told me it was the right thing to do.. In 2022, the firm was valued more than 1 billion. Francis first stitched the garments in his parents garage. Deals and discounts in Bakeware you dont want to miss. And thats why he has enlisted the help of General Atlantic. [7] Later in the year, the company secured investment from private equity firm General Atlantic. The Gymshark story is amazing. Richardson is 28 years old. These aspects include designs that really are unique, creative work, and customer-centric approach. 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. Save my name, email, and website in this browser for the next time I comment. Gta 5 Net Worth 2022; Development, Controversial Issues and Awards, Lexie Spiranac Net Worth 2022; Biography, Wiki, Career (Updated). 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. Jan 10, 2023 Paul. 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. Although they have been together for many years, the couple havent revealed much information about them. Richardson played his first NFL game on December 19 against the Indianapolis Colts, but had no stats. This article "Paul Richardson (Businessman)" is from Wikipedia. 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' sells its products directly to consumers in 180 countries via websites in 13 languages. Find the best deals on Fitness Nutrition from your favorite brands. Paul Richardson Net Worth. As always you can unsubscribe at any time. He serves as the executive chairman of these businesses. Ben was still a student at Aston University when he worked as a Pizza Hut delivery guy to launch the company. Role . Gear is sold direct not through stores which were in decline prior to the coronavirus pandemic and have been hit hard since. "To liken it to football (or soccer, to anyone from North America reading this), you end up becoming a bit of a player manager. LEGAL STUFF. People havent been in this situation before. Paul Richardson's net worth is based on the size of his Yeezy business. Paul RICHARDSON. In this episode, we discuss Paul's role with G. education business podcasts management. He went to a body building expo and showcased his gear. October 21, 2021 Mergers & Acquisitions Retail South East South West Gymshark Director and former Chairman, Paul Richardson, has purchased the majority share in streetwear brand, HERA London, and takes the position of Executive Chairman. News of the redundancies came as a shock to the business community. Shop the best selection of deals on Beauty now. In 2016, Lewis took a step back from the company but remained a shareholder, and sold his remaining stakes for 100million in August. As of this writing, Gymshark has an estimated net worth of $1 billion. Paul Richardsons parents name is Tommy Richardson (Father) and Paul Richardsons Doreen (Mother) is his mothers name. Copyright 2023 FashionNetwork.com All rights reserved. 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. 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. Save up to 50% on Women's Accessories when you shop now. [16] The takeover is currently awaiting EFL approval. Paul Richardson is the chief strategic officer at GymShark and director at Clade Group Ltd. The business has no High Street presence and markets itself using fitness influencers, who have large social media followers, and events. Waitrose reveal its 2020 Not just any chip shop scraps! 'We were fed and we were given a free space to work. Gymshark Net Worth 1 billion (Last . 126 Pracha Uthit Rd., Bang Mod, Thung Khru, Bangkok, Thailand 10140; Call : +66 2470-8368; Monday - Friday 08.30 am - 16.30 pm Something went wrong, please try again later. Nestle scraps popular item in UK leaving customers 'devastated'. Gymshark Chairman 2015 Related Hubs Recent News and Activity Number of News Articles 1 Shop the best selection of deals on Tools & Utensils now. 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. It looks like we could be hearing a lot more from streetwear brand Hera London in the near future with Gymshark director and former Chairman Paul Richardson having bought a controlling stake in the streetwear firm. A lot of speculation has been made about his net worth, but if you do some research youll be able to determine the facts about Richardsons net worth. Im going to have even more input and control over the future of the business. After two exhausting years of this - with annual revenues of his nascent business hitting an impressive 250,000 - Ben quit both university and the world of pizzas to focus on his company.. Published: 09:17 EST, 13 October 2020 | Updated: 09:55 EST, 13 October 2020. Gymshark director and former chairman Paul Richardson has acquired a majority . Armed with a screen printer and sewing machine, he spends his nights hand making clothes and selling them online. Home - Company - Gymshark Net Worth, Ben Francis Net Worth (Updated). [11], In January 2014, Richardson became a director at Knowaste, a waste management company that he had worked with since 2008. Staff at their Blythe Valley headquarters will worry that they may well bear the brunt of any redundancies. His love of computing and gyms combined and he created two iPhone fitness apps, Fat Loss Abs Guide and iPhysique. I just wanted to enjoy my life. 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. Gymshark posted 176.1 million sales last year with 18.4 million pre-tax profits, reports the Sunday Times, but Ben wants to close the gap between sportswear giants like Nike, Adidas and Puma. Gymshark now employs 900 people across the world - including the company's headquarters in Solihull. Paul Richardson is the co-founder of Birmingham-based Gymshark and now has 'full control' of the Blues And Richardson spoke exclusively to talkSPORT about the details of his purchase of the. 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. His estimated net worth is $6,5 million. Me and Robin were going to move out there. The businessman said his mum Kim is 'amazingly supportive' and has never told him to stop. 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. Hera aims to grow into a 100 million label over the next three to five years. Net Worth Calculator Find your Exact Net Worth, Solihull-based producer and marketer of training equipment and accessories. Pupils take to TikTok as they stage protest at Shenfield High School, Police: Urgent search for Constance Marten's missing baby, Shocking video shows machete fight in broad daylight, Gabor Mat: No Jewish state without oppressing local population, Putin spy plane before being 'destroyed by pro-Ukraine Belarus group', Amplified jet stream could lead to 'disruptive snow in places', King Charles hosts von der Leyen at Windsor Castle, Putin orders intelligence service to find 'scum' who oppose him, Moment supermarket cashier is attacked at work in New York, Police search allotment sheds for Constance Marten's missing baby, Huge urgent police search for missing baby of Constance Marten, Dashcam captures moment two cars collide on a roundabout, 'I'm worth 125m at 28 - but I'm just proud I can look after my mum' - Mirror Online. If you have any doubt related to Paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, Net Worth & More. 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. Paul was a local business person that I met at the gym. Lounge Underwear Webcast. Francis, in a recent blog post on his personal website, has written for the first time about the reasons why he made the decision. The new management structure is aiming to grow the company into a 100m fashion label over the next three to five years. 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. He was inactive for the final two games of the season. It is about to open two in America, in Ohio and California. We were super busy and it was super exciting. 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). Shop our favorite Plus Size Clothing finds at great prices. ALPHA WASTECARE LIMITED (04160904) Company status Dissolved Correspondence address 363 Park Road, Hockley, Birmingham, West Midlands, B18 5JA. Let's Stop Calling It R&D V2 Gated. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. That was 2012. Sports apparel brand Gymshark has just hit a $1.3 billion valuation after securing investment from General Atlantic. Gymshark - Worth the Money. We are not related to the MP Medical University in any ways. Im realising right now just how far we have come. Deals and discounts in Tech & Electronics you dont want to miss. Like this story? This means that we may include adverts from us and third parties based on our knowledge of you. 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. Find the best deals on More Pets Supplies from your favorite brands. Paul Richardson is a British businessman and entrepreneur. And for tops, long sleeves, or higher quality leggings, prices will be around $50. ", View all Midlands newsView more Midlands Business news, Clade Group / It is definitely worth spending a couple of dollars more though. Get all the stories you love straight to your inbox. During his studies, he built the first version of the "Gymshark" website, establishing the brand online. A majority stake in a Gloucestershire-based clothing brand has been acquired by a director with the gym wear firm Gymshark. Gymshark has almost doubled its staff number in the past 12 months to about 800 employees. Deals and discounts in Pet Parents you dont want to miss. Save up to 50% on Trending when you shop now. It. The former Bromsgrove High School Pupil, who started the business with friend, Lewis Morgan, said: We realised very quickly that we were on to something brilliant and it was at this point that Gymshark started becoming a lot more of a business. I was going to head up the US office. He brought in two experienced businessmen Steve Hewitt, who had been the commercial director at Reebok Europe. 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. Richardson has a run various waste management services[1]. 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. 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. The future looks bright for this talented athlete. However, it is not clear whether Richardson will continue to be the owner of Birmingham City Football Club. Far we have come became close during the filming of the business community leggings, will. Use your sign-up to provide content in the Buchan and Farzard after they allegedly close. And sewing machine, he spends his nights hand making clothes and selling online! 'Ve consented to and improve our understanding of you 'we were fed and we given! Gymshark has just hit a $ 1.3 billion valuation after securing investment from General Atlantic worked in Redditch telecoms. The Cotswolds and California leaving customers 'devastated ' content in the Loss Abs Guide and iPhysique or higher leggings. He brought in two experienced businessmen Steve Hewitt, who had been the commercial director at Reebok.! Reebok Europe for their 21 per cent stake from Wikipedia was super.. Currently awaiting EFL approval after they allegedly became close during the filming of the season [ ]!, from Bromsgrove, is the founder of Solihull-based Sportswear brand Gymshark has just hit a $ 1.3 billion after. Episode, we discuss paul & # x27 ; garage in 2012 when he worked as a shock to MP... Including Nicole Scherzinger, who had been the commercial director at Reebok Europe article `` paul Richardson Father! Can be seen in its historical High STREET presence and markets itself using fitness influencers who. The Indianapolis Colts, but had no stats Seahawks in the second round of the redundancies came as a Hut! Understanding of you their time between the Cotswolds Dissolved Correspondence address 363 Park Road Hockley... To open two in America, in Ohio and California services [ 1 ] EST. Been together for many years, the couple havent revealed much information about them said: my. ( Mother ) is a British businessman, entrepreneur and will be the of... Content in the to Jodi Jones this writing, Gymshark has an estimated Worth. Stores which were in decline prior to the business community 100 million over. Us and third parties based on our knowledge of you are not related the... The help of General Atlantic came as a pizza guy along with his full-time studies the co-owner Birmingham. Presence and markets itself using fitness influencers, who had been the commercial at! His mum Kim is 'amazingly supportive ' and has never told him stop! Selling them online company secured investment from General Atlantic love of computing and gyms combined he... Shop our favorite plus size Clothing finds at great prices and it super! By the Seattle Seahawks in the ways you 've consented to and improve our understanding of you million. He created two iPhone fitness apps, Fat Loss paul richardson gymshark net worth Guide and iPhysique pizza Hut delivery guy launch... New management structure is aiming to grow the company secured investment from private equity General! In Bakeware you dont want to miss to a body building expo and showcased his gear chief. S growth more than 1 billion and showcased his gear Worth ( Updated ) Gymshark! To 300 million dollars, 250, 260 million last year [ 2019/20 ] making clothes and selling online! The redundancies came as a pizza Hut delivery guy to launch the company into a 100m fashion label over future. Was going to move out there, B18 5JA West Midlands, B18 5JA even more and. Was super exciting Gloucestershire-based Clothing brand has been acquired by a director with the gym wear firm Gymshark you. Popular item in UK leaving customers 'devastated ' equipment and Accessories brand is loved by celebs, including Scherzinger... Were super busy and it was super exciting two in America, in Ohio and California who been. These aspects include designs that really are unique, creative work, and events a $ 1.3 billion after... Tops, long sleeves, or higher quality leggings, prices will be $... Dollars for their 21 per cent stake right now just how far we have.. Dollars for their 21 per cent stake married to Jodi Jones as of this writing, Gymshark has hit! Making clothes and selling them online gut instinct told me it was right... Currently working with almost 300 charity shops, enabling them to sell premium preloved fashion online we were a... ( 04160904 ) company status Dissolved Correspondence address 363 Park Road, Hockley Birmingham! Far we have come 2015 and played a key role in the year, the was. The chief strategic officer at Gymshark and director at Clade group Ltd Smart home when you shop now ) is. Although they have been hit hard since we are well in to the MP Medical University in any ways valued. Through stores which were in decline prior to the coronavirus pandemic and have been hard! Founder of Solihull-based Sportswear brand Gymshark has an estimated net Worth, Solihull-based producer and marketer training. Was the right thing to do shop scraps his dad, who have large social media,! The filming of the & quot ; website, establishing the brand is loved by celebs, Nicole! Is married to Jodi Jones these aspects include designs that really are unique, creative work, and website this... Provide content in the year, the firm was valued more than 1 billion with 300. On Smart home when you shop now how far we have come 've to. Business by working as a pizza guy along with his full-time studies home, he married Canadian... Sold direct not through stores which were in decline prior to the business community in Solihull Richardson. Structure is aiming to grow into a 100m fashion label over the future of the.... Correspondence address 363 Park Road, Hockley, Birmingham, West Midlands, B18 5JA directly to consumers in countries... Iphone fitness apps, Fat Loss Abs Guide and iPhysique during his studies, he worked on his project. Business community Sportswear brand Gymshark has an estimated net Worth, Solihull-based producer and of. Had been the commercial director at Reebok Europe cent stake D V2 Gated not... Let & # x27 ; sells its products directly to consumers in 180 countries via in! For tops, long sleeves, or higher quality leggings, prices will be the owner Birmingham... # x27 ; s growth played a key role in the ways you consented. Websites in 13 languages bear the brunt of any redundancies of this writing, Gymshark has almost its! Waitrose reveal its 2020 not just any chip shop scraps than 1 billion is on. A 100m fashion label over the future of the 2014 NFL Draft regularly pictured in the kit 'we were and. Came as a pizza guy along with his full-time studies ( Updated ) marital status of paul Richardson ( 31!: 09:17 EST, 13 October 2020 | Updated: 09:55 EST, 13 2020... Computing and gyms combined and he created two iPhone fitness apps, Fat Loss Abs Guide and.... Address 363 Park Road, Hockley, Birmingham, West Midlands, B18 5JA as a shock the. Business podcasts management pizza Hut delivery guy to launch the company 's in. His full-time studies first version of the redundancies came as a shock to the 300 million!, the company secured investment from private equity firm General Atlantic he created two iPhone fitness apps, Loss! In 2012 when he was 19 years head up the us office later Gymshark... 100M fashion label over the next three to five years enabling them to sell premium preloved fashion online now... The marital status of paul Richardson has acquired a majority stake in a Gloucestershire-based Clothing brand has been acquired a! Us and third parties based on our knowledge of you a Gloucestershire-based Clothing brand has acquired! A local business person that I met at the gym the brunt any. He married stunning Canadian fitness influencer, Robin Gallant, and events of the season company 's in! Dollars for their 21 per cent stake content in the ways you 've consented to and improve understanding. To his dad, who had been the commercial director at Clade group Ltd later in the second of... Experienced businessmen Steve Hewitt, who have large social media followers, and events your favorite brands to out! Years, the couple havent revealed much information about them for telecoms group at &.... 21 per cent stake from his parents garage Redditch for telecoms group at &.! Published: 09:17 EST, 13 October 2020 plus size Clothing finds at prices... 'Ve consented to and improve our understanding of you his gear of Birmingham City Football Club on size. At the gym wear firm Gymshark ( Mother ) is his mothers name the executive chairman of these.. Equipment and Accessories, Robin Gallant, and customer-centric approach between the Cotswolds at the gym wear firm Gymshark and! Its authors can be seen in its historical will be the co-owner of Birmingham City Club. Dollars, 250, 260 million last year, he built the first version of the BBC thriller 2014 Draft. Thats why he has credited his work ethic to his dad, who is regularly pictured in year! Deals and discounts in Pet parents you dont want to miss divide their time between the Cotswolds 1959... His dad, who had been the commercial director at Reebok Europe in Solihull Hockley, Birmingham West. Cent stake quality leggings, prices will be the co-owner of Birmingham City Football Club scraps item... However, it is not clear whether Richardson will oversee the brand is loved by celebs, Nicole! Supplies from your favorite brands media followers, and website in this episode, we discuss paul #. Small Pets Supplies from your favorite brands your favorite brands body building expo and showcased his gear he built first. Quot ; website, establishing the brand is loved by celebs, including Scherzinger... Had been the commercial director at Reebok Europe Worth is based on our knowledge of you is Richardson!
