Net Worth: $1.81 Billion
- Source of Wealth Heating Equipment
- Birth Place County Louth, Ireland
- Marital Status Married
- Full Name Martin Naughton
- Nationality Ireland
- Date of Birth 1940
- Ethnicity Irish
- Occupation Entrepreneur
- Education De La Salle College Dundalk
- Children 3
About Martin Naughton
Irish entrepreneur Martin Naughton has an estimated net worth of over $1.81 billion as of April 2016 according to Forbes. He is known to be the founder of Glen Electric.
Martin Naughtin is a graduate of De La Salle College Dundalk. He is currently based in County Meath with his wife and three children.
By the time Glen Electric was founded in 1973, it was just a small manufacturing facility that hires only 10 people in Northern Ireland. Four years later, the company acquired a manufacturing facility which was considered as the leading brand of electric heating products in the UK market. This led to the creation of the Glen Dimplex Group.
Martin Naughton has overseen Glen Dimplex Group to become the largest manufacturer of domestic heating appliances in the world. Today, the company has plants in Northern America, United Kingdom and Republic of Ireland. Receiving an annual sales of around $1 billion, Glen Dimplex Group currently has 22 manufacturing facilities that hires more than 7000 employees.