Paul Richardson, who is the former chairman of Gymshark and its current executive director, has now purchased Mr Whites share in the business for an undisclosed sum. 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Deals and discounts in Tech & Electronics you dont want to miss. Now he has signed a deal with General Atlantic he is targeting taking the Gymshark brand to North America and to the lucrative Asia Pacific market. We have literally come from hand-stitching a product to being a billion-dollar brand.. Are you a Midlands manufacturer with a product or project to shout about and a great story to tell? It was a practical hands-on course applying real skills not just writing about them. . Paul Richardson, who works . Our Gymshark family of employees, athletes and followers is now over 10 million strong, with a total social media following of over 18 million and customers in over 230 countries across our 14 online stores. But how did Ben go from sewing and hand-stitching gym clothes in his parents garage to turning the company in to a company worth 1 billion or 1.45 billion dollars? Paul Richardson is a British businessman and entrepreneur. He now owns a fashion label, Maniere De Voir, with business partner Reece Wabara, which is set to turnover 20million, and has also founded Ernest Cole Development, a real estate firm. Deals and discounts in Womens Active Shoes & Sneakers you dont want to miss. He was known locally as being the "business guy" and had a wealth of experience that has helped build Gymshark's strong foundations over the years. However, some people have estimated that Gymshark's net worth might really be more than that. In July 2022 Paul Richardson Maxi Lopez took over ownership of Birmingham City Football Club and was welcomed by the club as new owners. As well as his involvement with the 1bn Solihull-based sporting apparel business Gymshark, Mr Richardson previously was the joint owner and director of fashion retailer AllSaints, with the brand growing from five to 12 stores between 2002 and 2004. Ben Francis is the owner of the firm. Speaking to the Mirror Onlinehe revealed: 'I just wanted to step back and look after the people I love most. It is about to open two in America, in Ohio and California. Paul Richardson was born on the 31st of May 1959 in England, United Kingdom and as of 2022, he is sixty-three years old. No comments have so far been submitted. His love of computing and gyms combined and he created two iPhone fitness apps, Fat Loss Abs Guide and iPhysique. We also may change the frequency you receive our emails from us in order to keep you up to date and give you the best relevant information possible. Shop our favorite Dog Supplies finds at great prices. Lounge Underwear Webcast. The 28-year-old said he was never great at school but something clicked for him aged 17 when he took an IT class. If anything you will see Gymshark is even more agile then ever. Last year's Sunday Times Rich List put his worth at 700 million. Paul Richardson (born 31 May 1959) is a British businessman, entrepreneur and will be the co-owner of Birmingham City Football Club. Your email address will not be published. The former Aston University student went from a delivery driver for Pizza Hut to sportswear entrepreneur with the help of a sewing machine and screen printer in his parent's garage, Get the latest news from MySolihull straight to your inbox. Gymshark has almost doubled its staff number in the past 12 months to about 800 employees. Paul Richardson's net worth is $15 million. Paul Richardson is a famous British businessman, Paul Richardson and former Barcelona star Maxi Lopez is the owner of Birmingham City Football Club. Ex-pizza delivery driver, 28, who started a gym clothing firm from his parents' garage it set to become Britain's richest self-made person under 30 with a business worth more than 1billion Ben. In 2022, the firm was valued more than 1 billion. This page was last edited on 6 October 2022, at 19:10. The official website for that ishttps://www.mpmsu.edu.in/. We are going on this growth journey in a completely different way to what anyone else has ever done before. In August 2020 Gymshark was valued at over 1bn ($1.3bn) and joined the exclusive list of British companies to achieve "unicorn" status. And then the Gymshark brand was born. By using our services, you agree to our use of cookies. For those who haven't heard of Gymshark before, here's the gist: it's a UK-based activewear company that specialises in gym wear (duh) for both men and women, and they've also expanded into the athleisure, running, and yoga markets. He brought in two experienced businessmen Steve Hewitt, who had been the commercial director at Reebok Europe. Save my name, email, and website in this browser for the next time I comment. The brand,. In December of that year, he was promoted to the active roster. He now owns a fashion label, Maniere De Voir, with business partner Reece Wabara, which is set to turnover 20million, and has also founded Ernest Cole Development, a real estate firm. How does Gymshark earn money? Shop the best selection of deals on Fitness now. "Weve also build a vibrant, addictive internal culture lead by Steve as CEO. Gymshark founder and main shareholder Ben Francis from Bromsgrove is now worth one billion dollars with his business valued at 1.45 billion dollars after an investment by General Atlantic, Gymshark's headquarters are at Blythe Valley Park in Solihull. Richardsons career as an NFL player has been a roller coaster ride. Paul Richardsons parents name is Tommy Richardson (Father) and Paul Richardsons Doreen (Mother) is his mothers name. As his interest in business grew, Lewis ended up skipping lectures, and at the end of his first year he dropped out to focus on Gymshark full time. Find the best deals on HDTVs, UHD TVs, & 4KTVs from your favorite brands. He made his first Super Bowl appearance with the . Seamless leggings and leading the influencer marketing game (more on that later). His contract was extended through the 1994 season. GA will have paid close to 300 million dollars for their 21 per cent stake. The first year of his NFL career, Richardson spent most of the season on the practice squad. Board and Advisor Roles Number of Current Board & Advisor Roles 1 Paul Richardson is the Chairman at Gymshark. This comes as no surprise after in February of this year owner Ash White tried to sell 10% of his equity which we stated at the time was likely down to the brand struggling financially with stock due to be paid for. Find the best deals on Fragrance from your favorite brands. Ben took a small margin. Paul Richardson may refer to: . We had amazing people around us who were helping us.'. But based on a 1bn value, Mr Francis' stake in Gymshark is worth 700m. In 2017, Ben chose to stand aside as CEO to concentrate on the aspects . 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