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
About Duncan Bannatyne
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.
The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Duncan Bannatyne Net Worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.
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