Duncan Bannatyne Net Worth
Famous entrepreneur Duncan Bannatyne is a very rich man. His wealth peaked at £430 million ($665 million) before his divorce in 2012. It plummeted considerably since then. As of 2015, his total net worth is approximately £180 million ($278 million). Although divorce settlement put a huge dent into his pocket, he’s far from broke.
Duncan was born 2 February 1949 in Clydebank, Scotland, United Kingdom. He left high school at age of 15 with practically no official qualification. Young Duncan worked as a cabinet-maker for a while before he joined the Royal Navy. He was dishonorably discharged. You wouldn’t bet any money at his future at that point.
Several short-term jobs followed. Breakthrough moment came when he started operating his own ice cream van. It was a huge financial success for him. The first in his life. He bought more vans, hired drivers, and started building his first business. He sold it for £28,000 and focused on his new project, Quality Care Homes. He sold this nursing homes later for £26 million.
Bannatyne repeated his business success with children’s nursery chain Just Learning. His first wife was Gail Brodie. In 2006, he married Joanne McCue. They divorced six years later. His net worth peaked in 2012. After that, it went down because of a significant divorce settlement and also decrease in real estate property values of his Bannatyne Fitness chain.
