Richard Desmond
Birthname Richard Clive Desmond Birthdate December 8, 1954 Birthplace London, England Education High School Dropout Profession Publisher Net worth $1,900,000,000 Source of Wealth Business, Company, Print, TV Nationality English Marital Status Divorced to Janet Desmond Children two kidsAccording to Forbes Magazine, British publisher and businessman Richard Desmond has an estimated net worth of $1.9 billion as of March 2013. He is #792 within the World Billionaires List (#804 in 2012), and #25 within the United Kingdom. Born Richard Clive Desmond on December 8, 1954 in London, England, he was the son of the only time managing director of Pearl & Dean, a cinema promoting company.
Desmond began his trade career when he dropped out of faculty at the age of 15 when he worked in the classified advertisements section of the Thomson Group. In 1974, he founded Northern & Shell which acquired a license in 1983 to publish Penthouse in the United Kingdom. With mixed pastime in music and advertising, he started his first mag International Musician in which he built a solid of titles. In 2000, he bought the British newspaper workforce Express that integrated the Daily and Sunday Express titles, the Daily Star and Daily Star Sunday, and the Irish Daily Star. In 1993, it had started publishing the fame weekly magazine Ok! He also owned greater than Forty grownup entertainment publications that he later bought in 2004. He nonetheless plans to buy extra titles within the coming years.
Considered a British media magnate, Richard Desmond also purchased Channel5, a UK terrestrial-television channel, on July 23, 2010. It airs Dallas, American Idol and Celebrity Big Brother. He also plans to add more youngsters’s programming. He has additionally ventured in lottery with The Health Lottery.
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