How rich is Michelle Mone?
Michelle Mone net worth:
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She’s CEO of MJM International Ltd, which possesses the Ultimo brand.
Michelle Mone founded MJM International Ltd in November 1996, and 3 years of research, design, and development resulted in the patented Ultimo bra. Selfridges sold the pre-launch estimate of six weeks of stock within 24 hours, which can be still called the largest ever bra start in britain, with more than 50 photographers current and camera teams from around the world. The company is worth 20 million, based on the Sunday Times Rich List 2011. In April 2000, Mone won the World Young Business Achiever Award. MJM lost 231,000 in the three-month period to February 2013 and 547,000 in the preceding financial year to October 2012. The most recently filed reports, reveal that MJM had a net worth of 493,382. The majority stockholders in the newest parent company, Ultimo Brands International, are MAS Holdings, a Sri Lankan conglomerate which employs over 45,000 individuals worldwide. The business was established in the standard ship building district of Glasgow, Govan. After Michelle Mone was mugged in 2003, and her image samples snitched, Mone transferred her business assumptions elsewhere.