Duncan Bannatyne Net Worth: Investments & Charity

The Scottish entrepreneur, actor, philanthropist, and TV personality Duncan Bannatyne has a staggering net worth of 645 million dollars.

This famous businessman is widely known for his appearance on Dragon’s Den, a BBC reality program.

Duncan Bannatyne
Duncan Bannatyne

Starting from the ice-cream van, Bannatyne currently invests in several big companies and owns many of them.

Furthermore, he is an OBE, honored by the queen in 2004 for his numerous charities.

Quick Facts

Here are some quick facts about him.

Full Name Duncan Walker Bannatyne
Date of birth February 2, 1949
Age 73 years old
Gender Male
Place Of Birth Clydebank, United Kingdom
Nationality British
Profession Businessperson, Entrepreneur, Actor, Investor, Author, Philanthropist, TV presenter
Zodiac sign Aquarius
Religion Christian
Ethnicity Scottish
Residence Portugal
Height 5’10” (180 cm)
Weight 85 kg (187.39 lb)
Color Of Hair Light brown
Color Of Eye Brown
Social Media  Twitter, Instagram
Father’s Name William Bannatyne
Mother’s Name Jean Bannatyne
Siblings Campbell Bannatyne, Sandy Bannatyne, George Bannatyne, Bill Bannatyne
Marital status Married
Education Clydebank High School, UK
Spouse Nigora Whitehorn (m. 2017)

Joanne McCue (m. 2006–2013)

Gail Brodie (m. 1983-1994)
Children Jennifer Bannatyne, Thomas Bannatyne, Hollie Bannatyne, Eve Bannatyne, Abigail Bannatyne, Emily Bannatyne
Website https://www.bannatyne.co.uk/
Net Worth 645 million USD
Last Updated June, 2022

Duncan Bannatyne Net Worth and Income

The multimillionaire Duncan Bannatyne has a net worth of 645 million USD as of 2022.

Reportedly, the monthly salary of Duncan is $8.6 million. Likewise, his annual salary is said to be $103.2 million.

In 2011, Bannatyne had to pay £345 million as divorce alimony to his first wife Joanne McCue, after which his net worth remained merely £85 million.

Notheneless, in 10 years, Duncan Bannatyne managed to turn his $117 million net worth into a fortune worth $645 million.

To detail, the millionaire started his business journey at the age of 30 with an ice-cream van. Then, he purchased the van for £450, and after succeeding, he later sold it for £28,000.

This was his first leap in the business career. 

Afterward, he utilized his earnings to establish Quality Care Homes and later sold it for a hefty sum of £26 million in 1997.

Since then, the business magnate established the largest independent health clubs chain in the UK. Similarly, he is the owner of numerous hotel chains and real estate.

Net Worth of Duncan Bannatyne in Different Currencies

Here is the net worth of the billionaire in different currencies, including Bitcoin.

Currency Net Worth
Euro 543,867,870
Pound Sterling £ 466,625,250
Australian Dollar A$ 858,185,400
Canadian Dollar C$ 796,158,975
Indian Rupee 48,072,817,500
BitCoin ฿ 18888.3477

Houses, Cars, Watches, and Private Jet

Wynyard House

This old house of Duncan Bannatyne, situated in Wynward of County Durham, is listed on the market for £875,000.

Interior of a house
Inside Duncan’s house in Wynyard

To illustrate, the Californian-style house features five bedrooms that overlook a golf course. Likewise, there is a large kitchen with an open dining system.

Portugal House

Duncan owns a gorgeous villa in Portugal he bought in 2014, which he now offers for rental service at £5,000 a week.

Villa with a pool
Duncan’s villa in Algarve, Portugal

To detail, the house features five bedrooms and golf facilities. Moreover, the beautiful villa includes a gorgeous garden and a swimming pool.

Located in Algarve, there are several pristine beaches nearby the home.

Yarm House

This is the current house of Duncan Bannatyne, which he purchased for £875,000.

A house
Bannatyne’s house in Yarm

The house features five bedrooms sporting an exclusive golf course. Furthermore, there is a river beside the house, which is a reward again.

Bannatyne previously owned several houses in Yorkshire, and this particular house in Yarm is the one he doesn’t want to sell off.

Cars

BMW i8 Hybrid Car
Duncan with his BMW i8

Few of the cars owned by the multimillionaire businessman are mentioned here:

  1. BMW i8: Bannatyne is a proud owner of this hybrid supercar worth £115K
  2. Mercedes: The business magnate has been spotted with his silver-colored Mercedes a couple of times. However, the details of the car have not been disclosed yet.
  3. Bentley: In 2017, Duncan was spotted checking a Bentley at its showroom with his girlfriend during their Paris trip.

Watches

Hublot Big Bang Watch
Hublot Big Bang Watch

Duncan Bannatyne owns a Hublot Big Bang. To illustrate, the watch is made up of gold ceramic, which is scratch-proof and is worth $30,400.

Lifestyle and Vacations

Lifestyle

In 2013, Bannatyne faced severe chest pain during one of his gym sessions, for which he was admitted to the hospital.

Following this incident, Dragon Kelly Hoppen put him into a nutrition plan. And it helped Duncan to lose weight.

His health company also helps people check their calories and stay fit.

To illustrate, it encourages people to include fiber in their diet and to eat nutrient-packed food such as fish, eggs, lean meat, fruit, vegetables, and probiotics.

Talking about the workout, Duncan does not leave any stones unturned for his health and strength.

During the Covid19 pandemic, the businessman shared a glimpse on Instagram where he was burning calories on an exercise bike.

Furthermore, he loves doing cardio and yogas along with his gorgeous wife, Nigora. His wife also gave him a haircut which was circulated to his followers through Instagram.

Vacation

Having properties near beaches and rivers, it is really easier for Duncan to escape into a fun getaway. Apart from this, he has been spotted enjoying a vacation in beautiful places such as Barbados, St. Barts, Italy, and many more.

Duncan and Nigora on Vacation

In 2020, he visited Taormina, Sicily, with his wife, Nigora Whitehorn. The millionaire entrepreneur was seen wearing a wristwatch for his arthritis.

Charity

Duncan Bannatyne is a philanthropist known for her numerous charitable works, for which he was even honored with an Order of the British Empire (OBE) in 2004.

He has his own foundation by the name of Bannatyne Charitable Trust. With this trust, he donates the collected amount to other charities and organizations such as orphanages that work for the benefit of lives all around the world.

Furthermore, Duncan is also a supporter of Scottish International Relief (SIR). SIR is a charity that has set up two health cares homing the children affected by HIV/AIDS.

Moreover, Duncan also stands by Mary’s Meal, through which The Bannatyne Foundation feeds poor children. To detail, the foundation has served up to 16,000 needy children in Malawi every day. Likewise, Bannatyne has also pledged to help the children affected by the earthquake in Haiti.

The multimillionaire entrepreneur has already been a UK Ambassador for the UNICEF. In 2011, he bid £5,000 for Princess Beatrice’s hat, which she wore at her wedding. The collected amount from the auction proceeded to the UNICEF.

In 2008, Bannatyne was a trustee of Comic Relief, a British charity with whom he visited Ethiopia at that time.

Besides, in 2009, he appeared on a television show called Who Wants to Be a Millionaire?. Duncan raised £20,000 from the show and contributed to Action for Children.

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Investments, Endorsements, and Book Publication

Investments and Endorsements

Duncan Bannatyne appeared on Dragon’s Den, a British TV show which featured several people in business presenting their business idea to a panel of investors.

Bannatyne remained an investor in the show for 10 years between 2005 to 2015, where he made investments in 36 businesses.

The largest amount he investment from the show was £200,000 which he invested in The Wand Company.

Likewise, the most successful investment made by him was RKA Records, for which he invested £50,000. The firm is now known as Savage Digital Ltd.

Another notable investment Duncan pledged from the Dragon’s Den was in Worthenshaw’s, an ice cream company. Nevertheless, he sold the bought stake to Kristy Henshaw.

Duncan Bannatyne has made several investments in health clubs and hotels. For instance, he owns Bannatyne Health Club, a UK-based health club.

To sum up, he retains more than 25 health clubs and is now the owner of the largest health club franchise in the United Kingdom.

Furthermore, he invested in Charlton House Hotel and Spa in 2010 and later remodeled it, adding numerous luxury amenities to the hotel.

Moreover, he established Bannatyne Spa Hotel worth £12 million.

Similarly, he also worked as an author in the largest UK magazine- Business Matters.

Few other sectors where Bannatyne has made an investment are media, transportation, TV, stage schools, and so on.

Book Publication

Duncan is a successful author with several published books. Altogether, there are seven books written by Duncan Bannatyne, which are mentioned here:

  1. Anyone Can Do It: My Story (Published in 2006)
  2. Wake Up and Change Your Life (Published in 2008)
  3. How To Be Smart With Your Money (Published in 2009)
  4. How To Be Smart With Your Time (Published in 2010)
  5. 43 Mistakes Businesses Make…and How to Avoid Them (Published in 2011)
  6. 37 Questions Everyone in Business Needs to Answer (Published in 2012)
  7. Riding the Storm (Published in 2013)

The book Anyone Can Do It was a huge success selling more than 200,000 copies. Likewise, Wake Up and Change Your Life was listed among the top-selling books of the Telegraph newspaper.

book
Duncan Bannatyne’s Riding The Storm

 

His books are related to business, telling how to manage our assets and avoid mistakes while investing. Few valuable lessons imparted by these books are:

  • Keeping the business simple
  • Do not fear investing up
  • Seeking good advice
  • Taking chances
  • Being responsible and getting out from your desk area

Career

Duncan Bannatyne was born on February 2nd, 1949, to William Bannatyne and Jean Bannatyne. He was raised in Clydebank, Scotland. To detail, Bannatyne was from a low-income family who couldn’t even provide him a bicycle.

While growing up, he worked for a local newspaper company, and with that first job, he bought himself a bicycle. In 1964, the millionaire joined Royal Navy but was discharged after five years.

Since his childhood, Duncan was attracted to the business field. After getting out of the Navy, he did several jobs in his hometown.

It was 1974 when Bannatyne moved to Stockton, where he got hold of an ice cream van and started his first business. Later, he made a profit of £27,550 while selling it. Everything eventually kicked off after this.

father and daughter
Duncan Bannatyne walking her eldest daughter, Abigail

Duncan met his first wife, Gail Brodie, in Jersey. The couple got married in 1983 and got separated in 1994. With Gail, he has four children; Abigail, Hollie, Jennifer, and Eve.

Likewise, Bannatyne exchanged his vows with his second wife Joanne McCue back in 2006. The couple gave birth to two children, Emily and Thomas. However, the couple divorced in 2013.

Then, in 2017, the businessman married Nigora Whitehorn. Nigora is originally from Uzbekistan, and currently, the couple is living together.

Three Interesting Facts about Duncan Bannatyne

  1. Duncan’s eldest daughter Abi Bannatyne has two children, Ava and Austin, making him a grandfather.
  2. Bannatyne received an OBE for the excellent charity work he did in Romania, funding HIV/AIDS projects for orphan children.
  3. He was suspended from the Navy for throwing an officer from an aircraft carrier. For this act, he had to spend nine months in Jail.

Frequently Asked Questions

Where did Duncan marry Nigora Whitehorn?

Bannatyne married his third wife, Nigora Whitehorn, in Portugal. White dating her, in 2016, Duncan proposed to her with a diamond ring worth £40,000, and after a year, the lovers turned into a married couple.

How old is Duncan Bannatyne?

Duncan Bannatyne is 73 years old.

What is the age gap between Bannatyne and Nigora Whitehorn?

Duncan is 31 years older than Nigora Whitehorn.

 

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