Baroness Mone net worth, age, height, career, husband, children, biography and latest updates.
Michelle Georgina Mone, Baroness Mone, OBE is a well-known British entrepreneur who has significantly contributed to the fashion and business industries. She was born on October 8th, 1971 in Glasgow, Scotland.
Mone first made her mark in the lingerie industry in 1996 when she founded the lingerie brand, Ultimo, together with her then-husband, Michael Mone. Ultimo became a highly successful brand, winning several awards and gaining widespread recognition. Mone was known for her innovative approach to lingerie design, which incorporated new materials and technology, and for her marketing strategies, which often featured high-profile celebrities.
In addition to Ultimo, Mone founded MJM International Ltd in 1996, becoming a successful business specializing in corporate events, business services, and property investment.
Profile summary/Wiki
Name | Baroness Mone |
---|---|
Full Name | Michelle Georgina Mone, Baroness Mone |
Nationality | British |
Date of Birth | 8 October 1971 |
Place of Birth | Glasgow, Scotland |
Education | Parkhead School, Glasgow; Left school at 15 |
Occupation | Entrepreneur, Businesswoman, Politician |
Known for | Co-founding the lingerie company Ultimo; Appointed to the UK House of Lords |
Net Worth | $120 million (approx.) |
Spouse(s) | Michael Mone (1991–2011); Doug Barrowman (2018–present) |
Children | 3 |
Honours | Order of the British Empire (OBE); Life peerage in the House of Lords |
Biography of Baroness Mone
Baroness Michelle Georgina Mone, a British politician, businesswoman, and legislator, has established herself as a successful entrepreneur and a prominent member of the Conservative Party. This article provides a detailed account of her life, career, and achievements. It emphasizes her contributions to the lingerie industry, political arena, and business world.
Early Life and Education
Born in Glasgow, Scotland, on October 8, 1971, Michelle Mone dropped out of school at the age of 15 without receiving a diploma. However, her determination and entrepreneurial spirit would eventually lead her to achieve great success. She later received an honorary doctorate from Paisley University in recognition of her outstanding contributions to the business community.
How old is Baroness Mone?
Born on October 8, 1971, Baroness Mone is 51 years of age. Her zodiac sign is Libra.
How tall is Baroness Mone?
Baroness Mone stands 176cm tall.
Family Background
Baroness Mone’s parents, Duncan and Isobel Mone, played a vital role in shaping her ambitions and supporting her dreams. Her parents’ belief in her abilities and encouragement fueled her relentless pursuit of her aspirations. In an interview, Baroness Mone said that her parents always told her, “You can be whoever you want to be, Michelle.” She also revealed that she wanted to provide her parents with a better life, which inspired her to start her own business.
Personal Life
Who are Baroness Mone’s Husbands? Baroness Mone has been married twice in her life. Her first husband was Michael Mone, whom she married in 1989 when she was just 19 years old. Michael Mone was a businessman and co-founder of the lingerie brand, Ultimo. However, after 22 years of marriage, the couple announced their divorce in 2011. The reasons behind their separation are not public knowledge, but it is said to have been an amicable split.
Baroness Mone’s new partner is Doug Barrowman, a billionaire businessman who is the founder of the Knox Group of Companies. The couple got engaged in 2020, and their engagement was announced on social media by Baroness Mone. She posted a picture of the two of them on a yacht in the Caribbean, with the caption “I said YES!”. The couple has not yet announced their wedding date.
Who are Baroness Mone’s Children? Baroness Mone has three children from her marriage to Michael Mone. Their names are Rebecca Mone, Bethany Mone, and Declan Mone. Rebecca is the eldest of the three and has followed in her mother’s footsteps as an entrepreneur. She is the founder of the beauty brand, Luxe 22. Bethany is the middle child and is a singer-songwriter. Declan is the youngest of the three and is studying at university.
Career in Business
Michelle Mone began her career in marketing, working for Labatt Brewing Company. Within just two years, she was promoted to Head of Marketing in Scotland. However, her entrepreneurial spirit led her to start her own business, which she called MJM International, after Labatt Brewing Company fired her. Her goal was to design a brassiere that enhanced cleavage while being more comfortable and attractive. To achieve this, she contacted a new silicone product firm to request its European bra manufacturing license.
In 1996, Michelle Mone and her husband Michael Mone co-founded MJM International. This eventually led to the creation of Ultimo, a popular and fashionable lingerie brand. However, Michelle Mone temporarily left the company in 2013 after divorcing her husband. The company’s assets were later transferred to Ultimo Brands International Ltd. in a partnership with Sri Lanka-based MAS Holdings.
Michelle Mone’s achievements in the lingerie industry have been recognized on several occasions. In 2001, Prince Charles appointed her to the board of directors of The Princes Scottish Youth Business Trust. The Queen awarded her an OBE for her contributions to the lingerie industry in the 2010 New Year’s Honours.
Career in Politics
In addition to her success in business, Michelle Mone has also made significant contributions to the political arena. She joined the Conservative Party in 2009 after switching from supporting the Labour Party, citing Gordon Brown’s proposal to increase the highest income tax rate to 50% as her reason for the change. Since then, she has been an active member of the Tories, speaking out on a wide range of political issues.
Baroness Mone’s involvement in politics eventually led to her appointment as a member of the House of Lords in 2015, where she serves as a Lord Temporal. This appointment reflects her expertise in business and entrepreneurship, and her dedication to promoting the interests of the British people.
What is Baroness Mone’s Net Worth? A Closer Look at the £29 Million PPE Deal
Baroness Mone is not just an Instagram influencer with a massive following. She is also a savvy businesswoman who has amassed a net worth of $120 million. In addition to her lingerie and property ventures, she and her children made headlines for their involvement in a PPE company that secured lucrative contracts from the UK government during the COVID-19 pandemic.
Q: Who is Baroness Mone’s new partner?
A: Baroness Mone’s new partner is Doug Barrowman, a billionaire businessman and the Knox Group of Companies founder.
Q: How many children does Baroness Mone have?
A: Baroness Mone has three children. Their names are Rebecca Mone, Bethany Mone, and Declan Mone.
Q: Who was Baroness Mone’s first husband?
A: Her first husband was Michael Mone, a businessman and co-founder of the lingerie brand, Ultimo.
Q: How many followers does Baroness Mone have on Instagram?
A: She has over 114k followers on Instagram.
Q: What is Baroness Mone’s Instagram handle?
A: Baroness Mone’s Instagram handle is @michellemone.
Q: What is Baroness Mone’s net worth?
A: Her net worth is estimated to be $120 million. She and her children collected £29 million from a PPE company that secured significant contracts from the UK government during the COVID-19 pandemic.