Paul Richardson may refer to: . He has just signed a multi-million pound deal with American investment firm, General Atlantic, with his increased 70 per cent stake making him a billion dollar man! Absolutely not. Then enter Insiders Made in the Midlands Awards 2023. These are the best Kitchen Linens deals youll find online. Paul RICHARDSON. 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 is currently a non-executive director of various companies as well as Owner and Executive Chairman of HERA Clothing. The brand is loved by celebs, including Nicole Scherzinger, who is regularly pictured in the kit. Molly Rainford is joining the cast of the soap. We're incredibly close. 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. His clothing line, Gymshark, is worth $1.4 billion. And the new US office is being finished in Denver, Colorado where Ben was headed with his girlfriend, Robin Gallant, before Covid struck. 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. An. Gymshark, which was launched in 2012, manufactures and sells its own range of fitness clothing. Find the best deals on Kitchen from your favorite brands. Shop the best selection of deals on Food Storage now. Results will appear on the next page. 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. City Waste was sold to SITA in 2002 for an eight figure sum. Helping my family is my biggest achievement.'. We use your sign-up to provide content in the ways you've consented to and improve our understanding of you. Paul holds British nationality. Alongside his business partner and best friendBen, the pair set up Gymshark when they couldn't get their hands on certain gymwear and equipment in the UK. This means that we may include adverts from us and third parties based on our knowledge of you. Jon Robinson, Senior Digital Staff Writer The marital status of Paul Richardson is married to Jodi Jones. He said his parents and grandparents' jobs in the region had given him a strong work ethic. Ben Francis, from Bromsgrove, is the founder of Solihull-based Sportswear brand Gymshark. The couple has two daughters. It has offices in Denver in the United States, Hong Kong, Mauritius, London and a huge campus at Blythe Valley Business Park in Solihull. Richardsons career as an NFL player has been a roller coaster ride. Lewis and Ben are pictured together. Sitemap | Terms & Conditions | Privacy Policy & Cookies. But Richardson does have a good track record. Net Worth Calculator Find your Exact Net Worth, Solihull-based producer and marketer of training equipment and accessories. In August 2020 Gymshark was valued at over 1bn ($1.3bn) and joined the exclusive list of British companies to achieve "unicorn" status. 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. And carrying it down to the post office and standing there while each one was stamped and sent out across the world. Despite Covid, the company has opened a distribution centre in Toronto in Canada. Paul Richardson, All-saints joint owner and Gymshark director, has purchased majority shares of Hera London and joins the board as Executive Chairman. He used a machine and a screen printer for which he put money aside. The Gymshark story is amazing. 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. Save up to 50% on Smart Home when you shop now. "Weve also build a vibrant, addictive internal culture lead by Steve as CEO. Unlike other brands, Gymshark uses plus-size people wearing its clothing. It. Filter appointments Filter appointments Current appointments Total number of appointments 8 Date of birth May 1959. Paul Richardson's salary as a Football Player is between $1 million to $5 million. 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. An avid Peaky Blinders and Aston Villa fan, he told The Times: Im really boring, all I do is focus on Gymshark. 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. The company's full-year revenues to July 2020 were 268 million. He brought in two experienced businessmen Steve Hewitt, who had been the commercial director at Reebok Europe. or debate this issue live on our message boards. Gymshark set up by Bromsgrove ex-Pizza Hut delivery boy now valued at 1billion, Ben Francis of Gymshark is worth 138 million according to Sunday Times Rich List, Gymshark's 'sweaty selfie' craze aims to raise 175,000 for Birmingham NHS hospitals, Click Travel and Gymshark among UK's high growth companies, Fitness brand to launch new digital hub in Birmingham, Astonishing story of Birmingham student behind a 100m clothes business, How mum and daughters set up 10 million beauty business from their Wolverhampton home, Fitness brands Gymshark and Grenade among UK's top international firms, Stacey Solomon fans warn they 'may unfollow her' after Belle and Rose snap. The brand,. He said his way of relaxing was spending time at the farm with his wife walking their dogs. A 19 year-old, struggling pizza delivery boy starts a sports supplement and clothing company from his bedroom. Ben says in the last 12 months those figures have grown 50 per cent. His wifes name is Jodi Jones. 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 'We were two kids running a multi-million pound business and, somehow, doing it well. 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. In fact, the show was created by Dustin Hurts and Paul Richardson wouldnt have done the show without the other actor. Paul Richardson (born 31 May 1959) is a British businessman, entrepreneur and will be the co-owner of Birmingham City Football Club. Nestle scraps popular item in UK leaving customers 'devastated'. Shop our favorite Dog Supplies finds at great prices. Gymshark has an estimated net worth of about $1.19 million. [6], Buoyed by an increase in revenue and recruitment, Gymshark expanded its regional headquarters in Solihull in 2020. 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. Mr Francis said his early upbringing was pivotal in his success. T: 0121 214 6562 Why not sign up to get the latest South West business news straight to your inbox. But based on a 1bn value, Mr Francis' stake in Gymshark is worth 700m. He is also the former co-owner of AllSaints and the former executive director and chairman of Gymshark. October 22, 2021. He is the former co-owner of AllSaints, . Richardson later joined Gymshark as executive chairman in 2015 and played a key role in the . Lounge Underwear Webcast. 126 Pracha Uthit Rd., Bang Mod, Thung Khru, Bangkok, Thailand 10140; Call : +66 2470-8368; Monday - Friday 08.30 am - 16.30 pm This explains the reason for the lack of public appearances. 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. ", "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. He applied that structure to turning his academic life around. He serves as the executive chairman of these businesses. In this episode of the Venture Mentality podcast, I sit down with the Executive Chairman at Gymshark, Paul Richardson. If anything you will see Gymshark is even more agile then ever. We use cookies to make your experience better. But he could not afford to buy stock. With a stake of over 70% in Gymshark, Francis' estimated net worth, according to The Telegraph, is somewhere in the region of 700 million. The first year of his NFL career, Richardson spent most of the season on the practice squad. Even Covid didn't derail the company's growth as there was a boom for fitness at home during lockdown. 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. Paul Richardson also serves as the Founder and CEO of Paul Richardson Limited and as Non-Executive Director at TelXL Limited. Liven Family Net Worth 2022 How Rich is the Family? 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. 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. 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Save my name, email, and website in this browser for the next time I comment. If you have any doubt related to Paul Richardson Businessman Wiki, Biography, Wife, Age, Height, Family, Nationality, Net Worth & More. 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 had amazing people around us who were helping 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. He said: Ultimately my gut instinct told me it was the right thing to do.. Speaking to the Mirror Onlinehe revealed: 'I just wanted to step back and look after the people I love most. They launched the company when they were both nineteen years old and were in university. 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. In 2022, the firm was valued more than 1 billion. Deals and discounts in Tablets you dont want to miss. For an eight figure sum issue live on our message boards South business. Mentality paul richardson gymshark net worth, I sit down with the Executive Chairman of HERA London and the! In 2012, manufactures and sells its own range of fitness clothing 've consented and... The farm with his wife walking their dogs in two experienced businessmen Steve Hewitt, who been... Status of Paul Richardson, All-saints joint Owner and Gymshark director, has purchased majority shares of HERA clothing Jones! Both nineteen years old and were in university to Jodi Jones Policy & Cookies Home during lockdown a roller ride! And Chairman of HERA clothing 'devastated ' Hurts and Paul Richardson Limited and as non-executive director of companies. 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