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Deborah Meaden net worth: Dragons’ Den star’s huge fortune revealed

by ace
Deborah Meaden net worth: Dragons’ Den star’s huge fortune revealed

Dragons Den's star Deborah Meaden is best known to British television fans for her role on the BBC Two show as the tough, unflappable businesswoman in search of a solid business plan to invest. But how well did she do?

Deborah Meaden Equity

Deborah was born on February 11, 1959, in Taunton, Somerset. She was raised by single mother Sonia.

Deborah had already credited her work ethic and independent attitude by seeing her mother navigate her life alone.

The 60-year-old dragon's net worth is estimated at over $ 60 million, according to Celebrity Net Worth.

This equates to approximately £ 46.456 billion.

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How did she make her fortune?

Deborah started her own pottery business before embarking on a franchise for clothing company Stefanel and a bingo concession in Butlins.

Meaden and a partner bought one of the first Stefanel textile franchises in the UK, based in the west of the country; but two years later sold to partner for £ 10,000.

After selling his stock to his business partner in 1988, he joined his family's business to manage his amusement gaming operations.

In 1992, she joined Weststar Holidays, a family-owned holiday park operator based in Exeter, Devon, with its main locations in southwest England.

Deborah progressed from the shop floor to chief operating officer and then managing director very quickly.

In 1999, she led a management acquisition and acquired the majority stake.

When it sold the company six years later, Weststar was offering vacations to over 150,000 people a year with an EBITDA of over £ 11m.

In 2005, it made a partial exit when Weststar was sold in a £ 33 million deal to Phoenix Equity Partners, and in August 2007 its remaining 23% stake in Weststar Holidays was liquidated when the company was sold to Alchemy Partners for £ 83 million, valuing its stake at around £ 19 million.

In 2009, Meaden acquired Fox Brothers – a West Country textile factory established in 1772 and still based in Wellington, Somerset – along with the other shareholder, Douglas Cordeaux, former design director of Pepe Jeans London.

While at Dragons & Den, she agreed to invest in 63 companies worth over £ 3.3 million, making him the program's largest investor on average. However, she is far from the richest dragon on the show.

Earlier it was revealed that the title of the richest dragon belongs to the dragon that served the most, Peter Jones, 53 years old.

According to the Sunday Times Rich List 2019, Jones has a net worth of £ 490 million and is number 283. Making him more than ten times richer than Deborah Meaden.

It has been reported that its wealth has increased by $ 5 million since the list was launched last year.

According to the Sunday Times, Jones bought camera group Jessops for just under £ 2 million in 2013 and is restarting the chain in the 21st century.

A firm believer in the future of Britain's high street, Dragons' Den panelist said earlier: "The high street has an opportunity to come alive – it will be about community."

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