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Duncan Walker Bannatyne, OBE (born 2 February 1949) [1] is a Scottish entrepreneur, philanthropist, and author. His business interests include hotels, health clubs, spas, media, TV, and property. He is most famous for his appearance as a business angel on the BBC programme Dragons' Den. He was appointed an OBE for his contribution to charity ...
As of December 2023, Bannatyne has 69 health clubs, 45 spas and three hotels across the UK. [6] On 9 August 2006, Bannatyne Fitness Ltd acquired the LivingWell Premier Health club chain from the Hilton Hotel UK Group. [7] The company also bought Clarice House and Xpect Leisure in 2015, growing its membership by 14% over the year to 186,456. [2]
Jones set up a business in which he made personal computers with his own brand when he was 16 years old. However, he lost £200,000 after deciding to sell it to IBM.In an interview with The Times, Jones said his computer business failed in his twenties; he lost his four-bedroom home in Bray and his cars, and had to move back in with his parents. [7]
Savage Digital Ltd was a record label that was originally known as RKA Records, then as Bannatyne Music. [1] It was first established in October 2010 by Ryan Ashmore and Liam Webb, and received investment on the BBC TV Show Dragons Den .
2008 [1] Name Citizenship Source of wealth 2007 [4]; Rank Net worth £ bn Rank Net worth £ bn 1: £27.70 : Lakshmi Mittal India Steel 1: £19.25 2: £11.70 : Roman Abramovich Russia Oil, industry
The company's first product was the "Kymera Magic Wand Universal Remote Control" that is in the style of a wizard's wand and in the first year the product sold 10,300 units. [1] In 2010 the company went onto the television show Dragons' Den on BBC Two to ask for financial backing, Duncan Bannatyne agreed to invest £200,000 for 10%. [1]
Richard was joined by Peter Jones, Duncan Bannatyne, Rachel Elnaugh and Simon Woodroffe as the first 'Dragons'. [18] Richard appeared on the first two series of the programme. He voluntarily stepped down after the end of the second series after accepting a position as a venture partner with the hedge fund Tudor Investments.
The first version to air outside of Japan was the British programme Dragons' Den, which launched in 2005; in the several years afterward, most versions named themselves Dragons' Den or variations thereof, though some also used other animals in the title, such as lions.