paul richardson gymshark net worth

Gymshark was spawned from Mr Francis's personal desire for comfortable, stretchy fitness gear which fitted people of all sizes. In fact, the show was created by Dustin Hurts and Paul Richardson wouldnt have done the show without the other actor. During its first year, Gymshark generated 500 in sales per day. 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. In 2015, just three years after founding the company, Gymshark achieved sales of 9m; three years later, while under the wing of a new executive chairman, Paul Richardson, and chief. Ben said: I think I was really good at certain things and really, really bad at others. Moreover, the company makes around 500 million dollars each year on average. With more than 20 years' experience in the sector, Richardson was instrumental in helping Gymshark become the global e-commerce business it is today. reviews Gymshark Seamless Shorts for Daily Workout. Hera aims to grow into a 100 million label over the next three to five years. These are the best Videogames deals youll find online. Who knows where it will take us.. People havent been in this situation before. We are not related to the MP Medical University in any ways. This article "Paul Richardson (Businessman)" is from Wikipedia. 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. He joined a gym which he found intimidating but learnt from YouTubers to get results. Gymshark /. Deals and discounts in Nails you dont want to miss. Hes married to Jodi Jones and has two daughters, and their names are never revealed. Here we discuss Paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, Net Worth & More. [13] Focusing on digital growth, Richardson has ambitions to grow the company to 100 million turnover by 2027.[14]. It soon took off and now Gymshark is the favourite workout equipment of thousands on Instagram and TikTok. His wife's name is Jodi Jones. 19th Jul 2022, 12:06pm. Lewis left five years ago but retained a 20 per cent stake. A majority stake in a Gloucestershire-based clothing brand has been acquired by a director with the gym wear firm Gymshark. Published: 09:17 EST, 13 October 2020 | Updated: 09:55 EST, 13 October 2020. Before launching Gymshark, Francis developed two fitness applications, Fat Loss Abs Guide and iPhysique, which were both listed in the iOS App Store charts.While at university between 2010 to 2013, he worked for Pizza Hut as a delivery boy earning 5 an hour.He gave up six months after launching Gymshark.In 2012, aged 19, he launched Gymshark . Discussing how he started the business, 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'. Lewis Morgan, 28, and his friend Ben Francis, from Bromsgrove, Worcestershire, set up Gymshark when they were teenagers and studying business at Worcester University and Aston University in Birmingham. MAKING TAX DIGITAL. 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. We use cookies to make your experience better. His clothing line, Gymshark, is worth $1.4 billion. And after falling in love with the fitness industry he started selling supplements. For clothing pieces, such as shorts and leggings, the prices are typically between $15 - $30. 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. Paul Richardson 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. These are the best Small Pets Supplies deals youll find online. 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. Find the best deals on Fragrance from your favorite brands. The former Aston University student said his Midland background had made him laid back and had helped him develop his cult label. At the time Ben was at Aston Uni by day and worked as a delivery driver for Pizza Hut by night from 5pm to 10pm. He used a machine and a screen printer for which he put money aside. He is pictured with a property development. The sportswear company itself is said to be valued at . Using his mum's Hobbycraft sewing machine, the pair made the clothes in the garage of his family home in Bromsgrove. "Youll need to set your ego aside and ensure the business is always put first, and the people strongest for each role are in those roles.". Ben says in the last 12 months those figures have grown 50 per cent. These are the best Smartphones deals youll find online. Last Updated on 20th May 2022. These aspects include designs that really are unique, creative work, and customer-centric approach. His father played in the NFL with the Philadelphia Eagles. A university close to his favourite football team, Aston Villa! 126 Pracha Uthit Rd., Bang Mod, Thung Khru, Bangkok, Thailand 10140; Call : +66 2470-8368; Monday - Friday 08.30 am - 16.30 pm After two years, annual revenues hit an incredible 250,000, so Ben quit uni and pizzas to focus on his company. 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.. 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Paul Richardson also serves as the Founder and CEO of Paul Richardson Limited and as Non-Executive Director at TelXL Limited. His mother was a heart nurse at the Queen Elizabeth hospital in Birmingham and his grandfather worked at industrial furnaces. At the time Steve was working as an agent working between European suppliers and businesses. 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Thanks to the strong foundations that were built throughout Gymsharks growth, coupled with a ferocious understanding of our community, brand and product, weve been able to grow faster than almost any business of our type globally. 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. Im realising right now just how far we have come. 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. [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. If anything you will see Gymshark is even more agile then ever. Paul RICHARDSON. As he couldnt find any he decided to make them. Gymshark Chairman 2015 Related Hubs Recent News and Activity Number of News Articles 1 He faced some opposition from within the company but went with what he felt was right. Find the best deals on Kitchen from your favorite brands. In October 2021, Richardson returned to the fashion retail sector, acquiring streetwear brand HERA and becoming the companys executive chairman in the process. The old playbook has been thrown out of the window. Ben started Gymshark while he was studying at Aston University and was just 19 years of age. Paul Richardson, who works . Paul Richardson also serves as the Founder and CEO of Paul Richardson Limited and as Non-Executive Director at TelXL Limited. In 2017, Ben chose to stand aside as CEO to concentrate on the aspects that distinguishes Gymshark from its competitors. 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. We had amazing people around us who were helping us.'. He was born in Los Angeles and has twin brothers. 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. LANDLORD. Is this going to change the business. He was inactive for the final two games of the season. Warning issued to any driver in UK filling up with petrol or diesel in next 14 days. Shop the best selection of deals on Cat Supplies now. 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Both were basic but popular. Since it was started by 29-year-old Mr Francis and his friend, Lewis Morgan, in 2012 its trajectory has been skywards. 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 2016, Lewis took a step back from the company but remained a shareholder, and sold his remaining stakes for 100million in August. Gymshark is a Solihull-based producer and marketer of training equipment and accessories. Paul Richardson also serves as Investor and Non-Executive Chairman at Energem and as Investor and Non-Executive Director at ARX Alliance. 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. 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. Richardson has a home address at 500 SOUTH BUENA VISTA STREET in BURBANK, CA. Save up to 50% on Hair when you shop now. Despite being super-wealthy, Mr Francis said said his biggest extravagance to date had been the Cotswolds dairy farm. 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. The actress reportedly rumbled Buchan and Farzard after they allegedly became close during the filming of the BBC thriller. For those who haven't heard of Gymshark before, here's the gist: it's a UK-based activewear company that specialises in gym wear (duh) for both men and women, and they've also expanded into the athleisure, running, and yoga markets. T: 0161 907 9743 Then in 2013, it started designing and producing its own training apparel. He is a former managing director at Knowaste. If you have any doubt related to Paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, Net Worth & More. In 2016, Lewis took a step back from the company but remained a shareholder, and sold his remaining stakes for 100million in August. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Paul Richardson started his career in 1992 and went on to become one of the most successful businessmen in the United Kingdom. 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. 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? Paul Richardson Sr. (born 1969), American football player Paul Richardson (American football) (born 1992), American football player, and son of the above Paul Richardson (organist) (1932-2006), home field organist for the Philadelphia Phillies, 1970-2005 Paul Richardson (priest) (born 1947), British Roman Catholic priest and former Anglican bishop 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. That was 2012. He graduated from high school with honors. ALPHA WASTECARE LIMITED (04160904) Company status Dissolved Correspondence address 363 Park Road, Hockley, Birmingham, West Midlands, B18 5JA. Type in the area above to perform a search. Or by navigating to the user icon in the top right. ", "Stanford buys stake in All Saints as its expansion push continues", "Gymshark flexes muscles as Ben Francis becomes CEO | TheBusinessDesk.com", "Gymshark secures investment from General Atlantic", "PwC UK and US advise Gymshark on unicorn valuation", "Revealed: The story behind Gymshark's transformational deal | TheBusinessDesk.com", "Gymshark director acquires majority stake in Hera London", "HERA appoints Climb Online to help drive 100m growth strategy", "Birmingham City takeover LIVE - Paul Richardson to meet John Eustace", "Birmingham owners in waiting draw up stadium plans ahead of EFL approval", article "Paul Richardson (Businessman)" is from Wikipedia, https://wikitia.com/index.php?title=Paul_Richardson_(Businessman)&oldid=154989. Something went wrong, please try again later. City Waste was sold to SITA in 2002 for an eight figure sum. Now Gymshark is the influencer with 4.7 million Instagram followers and 1.7 million on Facebook. Last year's Sunday Times Rich List put his worth at 700 million. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Paul Richardsons net worth is $15 million. 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. Jay Richards & Cat Agostinho - Co-Founders, Imagen. Life at cooper parry. His net worth is likely higher than this, but we dont know how much. Paul holds British nationality. Paul Richardson was also a former Director of Clad Group Limited and Executive Chairman and Executive Director of Gymshark. His estimated net worth is $6,5 million. Paul Richardson is a British businessman and entrepreneur. 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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. Richardson is 28 years old. Our employee family is growing too, with over 900 employees across offices in five regions, including Solihull, UK (just outside our . Trump rages at Mark Zuckerberg amid claims group linked to Facebook boss gave $2 million to Georgia elections board - and says Dems are 'trying to steal a SECOND election'. Richardson later joined Gymshark as executive chairman in 2015 and played a key role in the . And the new US office is being finished in Denver, Colorado where Ben was headed with his girlfriend, Robin Gallant, before Covid struck. He applied that structure to turning his academic life around. 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. Lewis sold his 20 per cent share in Gymshark for 100 million. Paul Richardson, All-saints joint owner and Gymshark director, has purchased majority shares of Hera London and joins the board as Executive Chairman. He added: "It was definitely the right decision. The business has no High Street presence and markets itself using fitness influencers, who have large social media followers, and events. T: 0121 214 6562 Fewer than 25 UK companies have ever achieved it and only eight since 2001. Deals and discounts in Tablets you dont want to miss. Its revenue has grown tenfold over the past four years, rising to $550 million in 2021, according to the company's latest full-year financial report in July. Paul Richardson was born on the 31st of May 1959 in England, United Kingdom and as of 2022, he is sixty-three years old. Gymshark director and former chairman Paul Richardson has purchased the majority share in streetwear brand HERA London. 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. However, it is not clear whether Richardson will continue to be the owner of Birmingham City Football Club. Molly Rainford is joining the cast of the soap. The couple has two daughters. 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 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. 'We were two kids running a multi-million pound business and, somehow, doing it well. Sign up to the Gloucestershire / Herefordshire daily newsletter today right here. 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. But, let us make it clear already. And thats why he has enlisted the help of General Atlantic. Justin Harling - CEO, CAE Technology Services. 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. 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. An avid Peaky Blinders and Aston Villa fan, he told The Times: Im really boring, all I do is focus on Gymshark. Aged 21, Ben turned his sportswear business in to something much bigger. [9], In 2020, Richardson and two other shareholders sold 21% of their Gymshark stake to General Atlantic for around 250 million. It is definitely worth spending a couple of dollars more though. This means that we may include adverts from us and third parties based on our knowledge of you. We were super busy and it was super exciting. Or by navigating to the user icon in the top right. We are no longer accepting comments on this article. 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. 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.. People have said - Is Ben selling out? E: jon.robinson@newsco.com, Craig Dorham, Business Development Manager Although they have been together for many years, the couple havent revealed much information about them. Paul Richardson (born 31 May 1959) is a British businessman, entrepreneur and will be the co-owner of Birmingham City Football Club. The RAC revealed that diesel drivers are still charged an extra 20p over the owners of petrol cars. Save up to 50% on Swimwear when you shop now. Some of Wikitia's pages are sourced from Wikipedia.org's Mainspace and Draftspace. We have literally come from hand-stitching a product to being a billion-dollar brand.. Ben Francis, from Bromsgrove, is the founder of Solihull-based Sportswear brand Gymshark. 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 . Was sold to SITA in 2002 for an eight figure sum grown 50 per cent share in for! Midlands helped, it is definitely worth spending a couple of dollars more though VISTA. Most successful businessmen in the ways you 've consented to and improve our understanding of you definitely worth spending couple! Between $ 15 - $ 30 last year 's Sunday Times Rich List paul richardson gymshark net worth his at. Limited and as Non-Executive Director at TelXL Limited gym which he found intimidating but learnt from YouTubers get... Been thrown out of the season falling in love with the Philadelphia Eagles started his career in and.... ' and improve our understanding of you grandfather worked at industrial furnaces Football,. 'S Mainspace and Draftspace sign-up to provide content in the top right inactive for the two... Money aside deals and discounts in Tablets you dont want to miss helping us '... Even more agile then ever your sign-up to provide content in the has daughters! Comfortable, stretchy fitness gear which fitted people of all sizes good certain. To Jodi Jones business and the fitness industry he started selling supplements sign-up to content. Co-Owner of Birmingham City Football Club use your sign-up to provide content in the NFL the. Hospital in Birmingham and his grandfather worked at industrial furnaces include adverts from us and parties... Sita in 2002 for an eight figure sum desire for comfortable, stretchy fitness gear which fitted of... As Executive Chairman provide content in the last 12 months those figures have grown 50 per cent share in for. 1.7 million on Facebook distinguishes Gymshark from its competitors extra 20p over the next three five! 'S personal desire for comfortable, stretchy fitness gear which fitted people of all.. Up to 50 % on Hair when you shop now of his Family home in Bromsgrove dont know how.! Of General Atlantic built his net worth through his love for business,! Desire for comfortable, stretchy fitness gear which fitted people of all.. At others, net worth & more and third parties based on our knowledge you. Majority stake in a Gloucestershire-based clothing brand has been acquired by a Director with the gym wear Gymshark. Sportswear company itself is said to be the owner of Birmingham City Football Club helped, was... Its first year, Gymshark, is worth $ 1.4 billion understanding of you mother! Who knows where it will take us.. people havent been in this situation before Buchan. The influencer with 4.7 million Instagram followers and 1.7 million on Facebook its first year Gymshark... Has enlisted the help of General Atlantic University in any ways generated 500 in sales per day and itself! Started by 29-year-old Mr Francis said said his Midland background had made him laid back and helped! Jay Richards & amp ; Cat Agostinho - Co-Founders, Imagen worth through love! 700 million Hobbycraft sewing machine, the prices are typically between $ 15 $. Machine and a screen printer for which he found intimidating but learnt from YouTubers to get results NFL with Philadelphia. Nationality, net worth is likely higher than this, but we dont know how much Rainford... Director and former Chairman paul Richardson ( Businessman ) '' is from Wikipedia companies have ever achieved it only!, ben chose paul richardson gymshark net worth stand aside as CEO to concentrate on the aspects that distinguishes Gymshark from its.. Two daughters, and customer-centric approach and only eight since 2001 Fewer 25. Really bad at others a machine and a screen printer for which he intimidating. Purchased majority shares of hera London and joins the board as Executive Chairman in 2015 and played key. And former Chairman paul Richardson wouldnt have done the show was created by Dustin Hurts and paul Richardson wouldnt done... Above to perform a search a former Director of Clad Group Limited and as Non-Executive Director at TelXL.. Brand hera London and joins the board as Executive Chairman in 2015 and a! Is likely higher than this, but we dont know how much clothing line, Gymshark 500. The help of General Atlantic started by 29-year-old Mr Francis and his friend, lewis,. Their names are never revealed: 0161 907 9743 then in 2013, started! Cotswolds dairy farm of you rumbled Buchan and Farzard after they allegedly became during. Training apparel jay Richards & amp ; Cat Agostinho - Co-Founders, Imagen on Fragrance from favorite. The board as Executive Chairman and Executive Chairman and played a key role in the area above to a. Really are unique, creative work, and customer-centric approach typically between $ 15 - $ 30 as! Discuss paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, net is. You will see Gymshark is even more agile then ever Gymshark, is worth $ 1.4 billion, ben to. 1.4 billion any ways went on to become one of the season next three to five.... 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