John Hargreaves Net Worth

Net Worth: Stats $1.95 Billion

  • Source of Wealth Fashion (Matalan), Businessman
  • John Hargreaves Nationality United Kingdom
John Hargreaves Net Worth

John Hargreaves net worth: Born less than half a mile from the Liverpool docks where his father worked as a labourer, Hargreaves left school at 14 and got a job on a market stall. Within five years he started his own business. He floated his Matalan discount fashion chain in 1998, valued at £200m, but bought it back in 2006 for £817m. Today, it should be worth £1.25 billion. In April 2010, Hargreaves refinanced the Skelmersdale-based company in a £525m deal that led to him taking a £250m dividend from Matalan. Allowing for any debt in the business, the Sunday Times Rich List valued Hargreaves at £1.3 billion.

Share With Friends

Author: Sammy Said

Sammy is a real estate tycoon but is also a fanatic of editorial production. Having managed a powerhouse content production team in the past, he launched TheRichest as a passion project. Follow him on Google+

Leave A Comment