Peter Usborne Net Worth

Peter Usborne net worth:

Photo by: Martin Usborne

British publisher, Peter Usborne has a net worth of £42 million as of April 2012, according to the Sunday Times Rich List. He founded Usborne Books in 1973, Peter Usborne who was educated at Eton and Oxford and whose early career included co-founding Private Eye magazine. In 2012, the company was named Children’s Publisher of the Year in The Bookseller Industry Awards. He is the managing director and holds a 73.75% stake in the business, which made £6.4 million profit on £40.2 million sales in 2010-2011. With a strong balance sheet and assets of nearly £27 million, the company is worth over £50 million with Usborne’s stake valued at nearly £37 million plus other assets and past dividends.