Douglas Alan Barrowman is a Scottish entrepreneur and businessman. He formed the Knox Group of Companies and has made investments in companies such as Ve Interactive, Aston Ventures, and Equi Capital. Barrowman owns six mansions, a fifteen-vehicle car collection, and a private jet. His 55-meter yacht, Turquoise, was featured on a 2015 episode of the television series Million Pound Mega Yacht. He is married to Baroness Michelle Mone, a businesswoman. To learn more about Doug Barrowman net worth, car collections, ex-wives, and other details, scroll down:
How much is Doug Barrowman net worth and earnings?
Doug Barrowman net worth might astound you. He is a Scottish businessman and entrepreneur who, through prudent investment and hard work, endurance, and dedication, altered his and his family’s lives. Doug is the founder and chairman of the Knox Group of Companies, and he has six residences, two superyachts, 15 automobiles, and a private plane. Doug Barrowman net worth is £3billion.
Barrowman was a co-founder of the KHG Private Equity Fund in 2011. He was also a director of WeShop Limited in 2017. Barrowman and his partner Michelle Mone founded Equi Capital Partners in 2018, with Steve Wozniak’s support. The Prince’s Trust Doug Barrowman Center in Manchester’s Ancoats neighborhood opened in 2019 after Barrowman donated £2 million to the Prince’s Trust. The center’s mission is to assist young people in obtaining education, training, and employment.
Doug Barrowman assets: House, Car collections, yachts, private jets
Barrowman owns six mansions, a fifteen-vehicle car collection, and a private jet. His 55-meter yacht, Turquoise, was featured on a 2015 episode of the television series Million Pound Mega Yacht. Doug’s mansion on the Isle of Man, which is valued at £120 million and has a gym, spa, indoor pools, and a glass-enclosed walk-in wardrobe. The house features its own bar, which is stocked with high-end spirits such as Hennessy XO Whisky, Grey Goose Vodka, and Remy Martin Cognac, all of which cost more than £100 each. A fully functional gym with weights, machines, and even a pole in front of floor to ceiling mirrors can be found upstairs.
Villa Neo, a six-bedroom residence of 17,000 square feet, was built by Mr Barrowman in 2018. It is one of the most opulent residences on the island of St Barthelemy, a popular vacation destination for the wealthy and famous. Mr. Barrowman wants to sell because he ‘rarely’ visits and prefers to spend his time on his yacht. Michelle had an exclusive, family-only luxury boat cruise around the south of Italy last summer, stopping in places like Capri, Palermo, and Sardinia. The £3.6 million boat, which has suede sofas, a sunbathing area, and a dinner table, is a smaller counterpart of Doug’s £50 million party ship, which he uses to entertain visitors on vacation.
How did he become a billionaire?
Following graduation, Barrowman passed his professional exams and became a chartered accountant. As his first business, he established paintball locations in Scotland at the age of twenty. After that, he worked for three years at 3i, a private equity firm. During the 1990s, Barrowman left 3i in 1992 to start his own corporate finance firm. In 1999, he retired from the practice. Barrowman established Aston Ventures, a private investment vehicle, in 1999. Over the next ten years, Aston Ventures purchased 13 “old economy” enterprises, including B3 Cables, the world’s third largest cable manufacturer, with a total turnover of almost £400 million.
Barrowman relocated to the Isle of Man in 2008 and established The Knox Group of Companies, which included Aston Ventures. The Group is involved in private equity, real estate, wealth planning, and fiduciary services, with £3 billion in assets under management and administration. Barrowman was a director of Aston Management Ltd (AML), a company that offered tax advice and offshore financing programs to independent contractors such as social workers, locum doctors, nurses, and engineers. Following the UK government’s announcement in 2017 that it would be demanding back tax from 50,000 program users through the Loan Charge measure, AML’s services came under investigation, prompting criticism in Parliament’s House of Commons.
He was a co-founder of the KHG Private Equity Fund in 2011. Following an emergency capital injection and investment into Ve Interactive, Barrowman was named interim Chairman in 2017. Aston Plaza and Residences, a residential and commercial property development in Dubai priced in bitcoin, opened the same year. He was also a director of WeShop Limited in 2017. Doug and his partner Michelle Mone founded Equi Capital Partners in 2018, with Steve Wozniak’s support.
Who is Doug Barrowman wife Michelle Mone?
Barrowman has a happy marriage. Doug Barrowman’s wife is Michelle Georgina Mone, Baroness Mone. Baroness Mone is a Scottish businesswoman and politician. Michelle Allan, born on October 8, 1971, grew up as a single child in Glasgow’s East End after losing her younger brother to spina bifida. She created the lingerie company Ultimo in 1996, at the age of 25, with the goal of creating a comfortable yet cleavage-enhancing bra. She and her then-husband, Michael Mone, started MJM International and grew it to a £39 million company. Mone sold Ultimo entirely in 2014, citing her 17-year tenure as a “roller coaster trip.”
When did the couple marry? Children
The lingerie tycoon rushed to Twitter and Instagram to announce that billionaire Doug Barrowman, whom she began dating in 2016, had proposed to her. Michelle, 47, captioned a photo of them together, “I said yes.” The couple married her billionaire fiance on November 29, 2020, in a magnificent wedding in the Isle of Man attended by 90 of their closest friends and family. On Instagram She posted a photo with her billionaire husband and captioned:
Wow – It’s been a whole year since I tied the knot with the man of my dreams! And what a year it has been! I could not be more grateful to have such a loving partner 💕 Thank you Doug for standing by my side no matter what. I’m so lucky to have someone like you. My best friend, my inspiration and my rock 💫Here’s to many more years of love and happiness with my man 😘🙏
Following their involvement in a yachting incident in Monaco in 2019 that led to a person’s death, a financial manager of Indian descent accused Mone of sending racist text messages to him in December 2021. He claimed Mone texted him and referred to him as “a waste of a man’s white body.” After receiving a complaint of racially aggravated damaging communication, the Metropolitan Police announced in January 2022 that they were investigating the incident.
Baroness Mone previously married to Michael Mone
Mone dropped out of school at the age of 15 to pursue a modeling career. Michelle met her future husband, Michael Mone, when she was 17 years old, and by the age of 18, she was pregnant with her first child, Rebecca. She later converted from Protestantism to Catholicism and married Michael, the son of a Catholic anesthetist. During their marriage, the couple had three children. After 20 years of marriage, the couple filed for divorce on December 27, 2011.
Doug Barrowman ex-wives
From his first two marriages, Barrowman has four children. He appears to be a very private person, as he has not revealed anything about his ex-wives or children.