Duncan Bannatyne- net worth, money and more
Net worth: -159,000,000 dollars
Career / Profession: Entrepreneur, investor, television presenter
I don’t think I’d be as successful running a big business now if I hadn’t once been responsible for every single aspect of a much smaller business. “
- Duncan Bannatyne
Duncan Walker Bannatyne has an estimated net worth of -£122 million as accounted on 2013. Dragons’ Den’s famous Duncan Bannatyne is a master in many fields. He is an efficient entrepreneur, active philanthropist and a prolific author. However, he is in debt because of the dis-integration of Anglo Irish Bank. Duncan is the author of six books. One of his books, Anyone Can Do sold over 250,000 copies. His other publishing include Wake Up and Change Your Life, How to be Smart With Your Money, How to be Smart With Your Time, 43 Mistakes Businesses Make, 37 Questions Everyone in Business needs to Answer. He began his career by purchasing ice cream van for 450 pound. He then expanded his business during Glasgow Ice Cream Wars. Then then sold his van for £28,000 and came up with Quality Care Homes. It was a nursing home. However, he later sold it just for £26 million in 1997. He then got along with Just Learning. It was a child-care chain which he got for 12 million pounds. In the year 2006, he became the owner of 26 health cubs in different parts of the country. This investment was worth 92 million pounds. He came up with “Bannatyne Spa Hotel” in October 2008. It is situated in Hastings. Duncan got it for 12 million pounds. He also appeared in Hustle. He added other hotels like Charlton House Hotel and Spa located in Somerset to his chain of hotels. Times Rich accounted him for 430 million pounds in the year 2011. In the year 2012, he was on 869th place with a worth of 85 million pounds. He also suffered huge losses in property. In 2013, he was under a debt of 122 million dollars.
Marital status: Divorced
Duncan Bannatyne, on 11 November 2006 tied the sacred knot marriage with Joanne McCue at St Mary’s Church in Norton. The two married after a live-in of 13 years. They had few renowned celebrities starring their wedding like Anna Ryder Richardson, Cherie Lunghi, Gary McCausland, Evan Davis, Theo Paphitis, Richard Farleigh, Simon Woodroffe and Deborah Meaden. Even his ex-wife Joanee attended this wedding. However, the two divorced in the year 2013. He lost 16.2 million pounds in the divorce proceedings.
Causes he works for:
1. Geared for Giving
The Geared for Giving Campaign was started at the House of Commons in UK on 19 May 2008. It was founded by South Swindon MP’s, Anne Snelgrove and Duncan Bannatyne. It tries to raise awareness among the people with the help of great leaders of UK. It also offers a feature of making tax-free donations directly from the payroll.
2. No Smoking Day
No Smoking Day was started in United Kingdoms to help the chain smokers to quit smoking. On Ash Wednesday in the year 1984, the country celebrated the first non-smoking day. Since then, every 2nd Wednesday of March is celebrated as non-smoking day. It promotes this with a theme like in 2010, the theme was “Break free” which led the smokers to free from the shackles of smoking. In 2011, the theme was “Time to Quit”.
Estates and Homes
1. Wynard Mansion
The Wynard Mansion has 5 bedrooms, all painted white. It features and open kitchen which is well furnished. The lounge is floored with maple. It also has a large golf ground in front of the mansion. The grand entrance hall has glazed apex.
Bannatyne Spa Hotel is spread over the area of 38 acres with lush green gardens and wood. It is 3 miles distant from the famous, towns of Hastings and Battle in East Sussex. It has a mixture of 1066 countries traditions and cultures.
The Charlton House Hotel and Spa has a private dining area. It features 8 spacious bedrooms and is facilitated with spa. The bedrooms have been designed in a way that helps one to relax and calm. Some of them even have grand bathrooms and great fireplaces. It is close to nature and offers a surrounding where one can organize “house party”. Its splendor and the natural environment call for atleast one visit.
1. Wake Up and Change Your Life
Wake Up and Change Your Life consist of collection of simple and easy chapters as to how be a good entrepreneur. It helps one to focus in tough times and to be optimistic. He says that there is no substitute of hard-work. He also asks his readers to be honest with their work. One must realize one’s strength and weaknesses and proceed on the tough path of success. He once said,”If there is one single over-riding reason why businesses fail it is because the person or people in charge of them think that someone else will sort out their problems.People often think that success in business comes from being ruthless, but I don’t think that’s true: in my experience success in business comes from being tough. Tough enough to do the dirty jobs and tough enough to make the difficult decisions. ”
2. How To Be Smart With Your Money
How To Be Smart With Your Money focuses on the fundamentals of literacy in financial market. It educates its reader about the functioning of banks and how does traders earn their money. It tells about the intricacies of debts and and help the readers earn confidence so that they can feel confident about their financial strature in society.