Richard Desmond – Net Worth: $1.2 Billion
In 2021, Bloomberg reported that the British publisher Richard Desmond made a 213% return on his money from the Daily Express and Daily Star newspapers. Over the years, the media mogul collected a fortune of $1.2 billion thanks to his ownership of OK! magazine, Channel 5, The Health Lottery, and the Express newspaper.
The youngest of three children, Desmond started his professional life at the age of 15, working as an advertiser and part-time drummer. By the time he was 21, he already owned two record shops! After creating OK! magazine, he reached an estimated 31 million viewers worldwide, outselling the rival magazine Hello!