How Richard Desmond Became a Billionaire

Richard Desmond is a British media mogul worth over $1.5 billion in USD. Here he talks about his rise from an impoverished childhood. His business career started at the ripe old age of 5 after his father became deaf from an illness and required a sign language interpreter to accompany him to meetings. Young Richard won the gig. When he hit 13 he was hired by a popular London music venue, Manor House, to work in the cloak room which afforded him the opportunity to meet and befriend some of the 1960’s biggest rock stars.

Richard Clive Desmond (born 8 December 1951) is an English publisher and businessman. He is the owner of Express Newspapers and founder of Northern & Shell, which publishes various celebrity magazines, such as OK! and New!, and British national newspapers Daily Star and Daily Express. Northern & Shell also owns British television network Channel 5 as well as Portland TV[3] which, in turn, owns the adult TV channels Television X, Red Hot TV, and others.

In 2010, Desmond was ranked the equal-57th richest man in Britain according to the Sunday Times Rich List,[4] with a net worth of £950 million. He was once again listed on the 2011 Sunday Times Rich List, with his fortune still at £950 million. (

This a well done profile of a highly successful man from humble beginnings.

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