Mike Ashley Net Worth is $6.3 Billion (as of 2020)
Mike Ashley net worth is currently estimated at $6 billion (that’s right, billion) dollars and this makes him one of the wealthiest men in the world. The story of his life is one of those extremely rare success stories that make every-second lazy kid believe that dropping out of school is the first stepping stone on the road to business success: Mike’s journey in formal education system ended when he was sixteen and by his mid-30s this man has already owned some 100 shops in the United Kingdom. Today his group Sports Direct International Plc controls around 400 shops that span throughout Europe, including in countries like Slovenia, Belgium and Ireland. You should also know that Sports Direct International Plc controls chains Sports World, Lillywhites and employ some 20 thousand people. Needless to say, this business group generates the majority of Mike Ashley net worth. But let’s take a closer look at his personal life and career.
|Net Worth:||$6.3 Billion|
|Age:||58 years old|
|Date of birth:||1963|
|Occupation:||Businessperson, Entrepreneur, Investor|
The billionaire was born in Burnham, Buckinghamshire. His parents live there to this day. He never was a very keen student and dropped out of high school altogether at the age 16. But that did not stop him from becoming one of the best in his field. In the early 1980s Mike, who used to be a county level squash player until experiencing a serious injury, opened his first Sport and Ski shop. Soon Mike Ashley net worth growth gained momentum and by the end of the 1990s he was a proud owner of 100 shops. Following this Mike started earning increasing money by buying brands like Donnay. And how did he use his enormous income? Most famously, Ashley purchased Newcastle United, professional association football club based in Newcastle upon Tyne. Here is why he chose this club exactly: “Newcastle attracted me because everyone in England knows that it has the best fans in football. When the fans are behind the club at St James’ Park it makes the hairs on the back of your neck stand up. It is magic. Newcastle’s best asset has been, is and always will be the fans.”
Now enough about the sources of Mike Ashton net worth and Newcastle’s ownership, let’s share a few details about his personal eye that got into media despite the importance Mike places on privacy. He got married pretty young, at the age 24. His wife was (yes, the marriage lasted a bit shorter than “forever”) a Swedish-born graduate of economics, Linda Jermyl. The couple had three kids together, Matilda, Anna and Oliver, and remained together for 15 years. Little is known about the reasons behind their divorce, but their settlement gained prominence as the biggest one in British legal history. It has been announced that following the divorce Linda received assets and property worth 50 million pounds.