Duncan Bannatyne net worth, How did the entrepreneur acquire his wealth? Check this article to find out more about Duncan Bannatyne Net Worth, his career and relationship.
About Duncan Bannatyne
Duncan Bannatyne is an entrepreneur, philanthropist, and author from Glasgow, Scotland.
His business interests comprise hotels, spas, health clubs, TV, media, and property. He is very popular for his feature as a business angel on the BBC program Dragons’ Den.
As of 2019, Duncan Bannatyne net worth is $645 million. Read on to find out more about Duncan Bannatyne net worth.
|Full Name:||Duncan Walker Bannatyne|
|Date of Birth:||February 2, 1949|
|Net Worth:||$645 million|
Duncan Bannatyne Early Life and Career
Duncan Walker Bannatyne was born on the 2nd of February, 1949, in Dalmuir, west of Glasgow.
His father Bill had fought in the Argyll and Sutherland Highlanders in World War II and served on the Burma Railway after being apprehended by the Japanese following the Fall of Singapore.
As a kid, Duncan lived in one room with his folks and siblings in a big house shared with six other families. He went to Dalmuir Primary School where he showed a skill for arithmetic and won a place at Clydebank High School after acing the Eleven plus exam.
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Bannatyne spent his twenties changing from one job to another. Upon his return to Clydebank, he trained as an agricultural vehicle fitter and then traveled around the country repairing tractors.
He also surfed, partied and met his first wife on the island. With Jersey’s tough business climate for outsiders, at age 29, Bannatyne and his wife relocated to Stockton-on-Tees in North East England. He has mentioned that he was poor and did not possess a bank account until the age of 30.
His business career started almost promptly after his move to Stockton-on-Tees with an ice cream van bought for £450. He soon expanded by buying more vans during the period of the Glasgow Ice Cream Wars.
Bannatyne has since expanded into health clubs, with the Bannatyne Health Club & Spa chain to his name, and also hotels and property. He bought 26 health clubs from Hilton Hotels in August 2006 at a price of £92 million.
The Bannatyne Group is now the biggest independent chain of health clubs in the United Kingdom with 71 sites. The business currently as of June 2018 has 46 spas with plans for more, including at its first Northern Ireland-based health club in Belfast and it operates 4 hotels.
Duncan Bannatyne Net Worth
As of 2019, Duncan Bannatyne net worth is one of the highest among entrepreneurs in the world, with a net worth of $645 million.
Duncan Bannatyne Personal Life
Duncan Bannatyne is one of Britain’s most popular businessmen. Bannatyne has set up his business in different industries like hotels, health, clubs, spas, media, schools, property, and transport.
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