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Paul McGowan Net Worth

Paul McGowan Net Worth

Net Worth: $48 Million

  • Source of Wealth Finance
  • Nationality United Kingdom

About Paul McGowan

Belfast-born McGowan, 49, founder and chief executive of the turnaround specialist Hilco UK, took salary and dividends totalling £5.6m in 2009. A former accountant, he was the chief architect of Hilco’s acquisitions of the Borders bookshop chain and Allied Carpets. Both had been struggling and had failed to find buyers. McGowan, who lives in Dundalk, also snapped up the 200-year-old pottery maker Denby and the Habitat furnishings chain. The London-based company has offices in Ireland, Germany, Spain and South Africa. Hilco’s profit jumped 82% to £16.9m in 2009 with turnover up 96% to £95.8m. McGowan holds a 20% stake in Hilco UK.