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Phil Cronin Net Worth

Phil Cronin Net Worth

Net Worth: $123 Million

Statistics
  • Source of Wealth Online Bingo (tombola.co.uk)
  • Birth Place Sunderland, North East England, England
  • Marital Status Married (Madison)
  • Full Name Phil Cronin
  • Nationality United Kingdom
  • Date of Birth August 1, 1969
  • Occupation CEO (Tombola Ltd.)
  • Education Harvard Business School, Durham University North East England (BS Computer and Electronics)
  • Children 3 (Mike, James, Rob)
More StatsView More

About Phil Cronin

In 1999, Cronin set up tombola.co.uk, an online bingo operation. The Sunderland-based family has been involved in bingo for about 50 years, but the online business has created a valuable new income stream, with profits soaring to £10.9m on sales of £22m in 2009-10. It is easily worth £70m, and the family has other wealth.

In the 1960s, Phil’s father, Frank, took over Edward Thomson which was then a stationery shop. Eventually, the company started creating and printing bingo tickets. And from a shop with just 10 employees, it grew into a successful company with over 700 employees. In fact, it was considered as one of the largest employers for nearly five decades.

Three decades later, Phil decided to join the business, but in 1995, he put up his own company which specialized in selling interactive game cards. Four years later, tombola was established. Since then, the company continued to grow. In fact, it was also launched in Italy, Spain, and the United Kingdom.


Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Phil Cronin's 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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Choose Year
  • Earnings 2017
  • Earnings 2016
  • Earnings 2015
  • Earnings 2014
  • Earnings 2011
  • Earnings 2005
Earnings 2017 N/A
Sponsorship Oct. 2017

Sponsorship for the major ITV show I’m A Celebrity… Get Me Out of Here!, its ITV2 spin-off, the app and all content on the ITV Hub

$2,650,000
Earnings Jan. 2017

Profit from sales for the years 2015-2016 from Tombola, a British online bingo company

$15,790,000
Earnings 2016 N/A
Earnings Apr. 2016

Operating profit of Tombola, a British online bingo company, for the year 2016

$15,360,000
Earnings Apr. 2016

Reported annual turnover of Tombola, a British online bingo company, for the year 2016

$78,930,000
Earnings 2015 N/A
Earnings Apr. 2015

Operating profit of Tombola, a British online bingo company, for the year 2015

$15,520,000
Earnings Apr. 2015

Reported annual turnover of Tombola, a British online bingo company, for the year 2015

$66,060,000
Earnings 2014 N/A
Earnings Jan. 2014

Profit from sales for the years 2012-2013 from Tombola, a British online bingo company

$11,940,000
Earnings 2011 N/A
Earnings Aug. 2011

Annual revenue of Tombola, a British online bingo company

$34,490,000
Earnings 2005 N/A
Earnings Jan. 2005

Annual revenue of Tombola, a British online bingo company

$66,370
Show all earnings