If you are a sports fan, then you must have heard about this sports fame and seasoned personality. Yes! I am talking about one of the most prominent sports personalities and entrepreneurs, Mike Ashley. He has gained lots of fame over the years due to his association with sports. Due to this, he has always remained in the headlines and his Barclay premier league club, News Castle United Football Team. In fact, he started his career with sports with a retailer’s role for his retailing group, Sports Direct. His association with News Castle United Football Team earned him a lot of success and space in his fan’s heart worldwide.
His not only the owner of this football club, but he has also forayed into the department store industry at the backend of his career. Becoming curious to know more about him? Then let me take you all through everything that you need to know about Mike Ashley through this article. Here, you will get to know about him, his early life, career, personal life, achievements and net worth in 2020.
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About Mike Ashley
Mike Ashley or Michael James Wallace Ashley was born on 9 September 1964. He is a British billionaire retail entrepreneur in the sporting goods market and also the CEO of Sports Direct. In addition to this, he is also the owner of Newcastle United after paying around $135 million to buy the club. In 2019, his net worth was at $1.976 billion which was $461 million during the previous year.
Early Life and Career
He is a very popular and experiences entrepreneur who guided his football team, Newcastle United. Mike was born in Burnham and he always had a passion for sports since starting from starting his career. He grew up watching his favourite legendary player’s warm-up and had the opportunity to interact with them. Before starting his professional career as the owner of the football team, he also started his sports clothing chain after leaving his school in the year 1982.
Mike completed his education from Burnham Grammar School. He married Linda Jerlmyr, from Sweden, in 1988. Linda is a Swedish-born economics graduate. The duo got divorced in 2003 with a $50 million settlement. Recently, they have confirmed about rekindling their relationship. They have three children aged in their twenties-Anna who is a property developer, Matida, who owns a cosmetics business, and Oliver who is a DJ.
Ashle is very protective of his private life. He is known to prefer casual shirt dress and chinos or a track-suit instead of wearing a suit and often carries his essential business tool of a mobile phone in a carrier bag rather than a briefcase.
Mike Ashley’s Net Worth is $6.3 billion in 2020
Mike Ashley needs no introduction when it comes to the English Premier League. He has earned a lot of reputation through sports and investing in it. Most of his earnings are from the ownership of the football club Newcastle United. If we talk about his net worth at present, it stands at $6.3 billion. To let you know, he is among one of the wealthiest entrepreneurs and the owner of a football club. Throughout his career, he worked very hard to get such a name and fame. He has millions of fans worldwide.
Mike holds a majority stake of 61.7% in Sports Direct, which is a public traded company now. Initially, he made the money through buying brands. Donnay was the first major brand that was acquired by him. Later on, he acquired other brands as well which includes Dunlop Slazenger, Everlast, Karrimor, Kangol, Lonsdale, Firetrap, etc. In the year 2007, he brought Newcastle United Football Club by paying out a hefty sum of $134 million. He also acquired an 8.9% stake in Rangers Football Club, located at Glasgow.
So, this was all about Mike Ashley who gained a lot of name and fame due to his interest in sports before starting his career in it.