How rich is Felix Dennis?
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His firm, Dennis Publishing, initiated computer and hobbyist magazine publishing in the UK. In more recent times, the business added lifestyle names including its main brand “The Week”, which will be printed in britain as well as America.
In 1995, Dennis Publishing created Maxim, a name that started on the trunk of a beer mat and became the planet ‘s largest selling men’s lifestyle magazine and world-wide brand. In 1996, Dennis got a majority position in what’s now Dennis Publishing’s main brand The Week that will be printed in britain and US and interprets to an international circulation of over 700,000 (ABC audited). Over the next years it bought the balance of shares from initial creator Joylon Connell and Jeremy O’Grady. 2003 found the purchase of IFG Limited (I Feel Good) from Rich creator James Brown. In June 2007, Dennis sold his US magazine business which released the magazines Blender, Maxim and Stuff to Alpha Media Group to get a reported $250 million USD although precise details were never revealed. In 2008, Dennis Publishing created digital magazines iGizmo, iMotor and Monkey combined with purchase of The First Post in the Kensington based First Post Group for an undisclosed amount. This name after morphed to The Week. In 2013, Dennis continued the only owner of Dennis Publishing, with offices in both London and Nyc. Its main brand The Week is still printed in the usa alongside Mental Floss magazine.