Net Worth: $645 MillionFinancial Breakdown
- Source of Wealth Entrepreneur (Hotels, Fitness clubs)
- Birth Place Clydebank, United Kingdom
- Marital Status Spouse: Joanne McCue (m. 2006–2011)
- Full Name Duncan Bannatyne
- Nationality United Kingdom (Scottish)
- Date of Birth February 2, 1949
- Ethnicity Scottish
- Occupation Entrepreneur
- Children 4
One of seven children, Dragons’ Den star Duncan Banantyne’s is a classic rags-to-riches story. He grew up on a tough Glasgow estate and walked miles to school every day, before leaving at 15 to join the navy, only to be discharged after serving time in a military detention centre for threatening to throw an officer overboard.
Doing a series of dead-end jobs, he saved enough for a deposit on a house in Stockton-on-Tees, then started his first business with a $730 second-hand ice cream van. Afterwards, Bannatyne moved into B&Bs and nursing homes, developing a chain of 30 that he sold for $42 million. He put $32 million into his fitness club venture and, along the way, made $36 million from selling an 80% stake in the Just Learning nursery operation.
His empire now includes 40 spas, 60-plus health clubs, four hotels, bars and property. In all, his business assets are worth $567 million. Private assets, worth $130 million, include a villa in the south of France, which costs “knocking on $97,000 a year” to maintain.
The 62-year-old father of six is a Unicef ambassador and has an OBE for his charity work. The Bannatyne Charitable Trust supports 27 good causes, including WellChild and Scottish International Relief.
Duncan Bannatyne Earnings & Financial Data
The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Duncan Bannatyne's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.
| Asset Jun. 2011|
Value of his home in Billingham but is now for sale at $1.46 million
| Asset Oct. 2008|
Value of his "Bannatyne Spa Hotel" in Hastings
| Asset Aug. 2006|
Value of his 26 health clubs from Hilton Hotel
| Sale of Asset 1997|
Sale of his nursing home business called Quality Care Homes
| Sale of Asset 1997|
Sale of his children's nursery chain Just Learning
| Sale of Asset 1996|
Sale of his ice cream business