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Jacqueline Gold Net Worth: How Much Is Jacqueline Gold Net Worth?

Written by Leah Mitchell — 0 Views

Jacqueline Gold Net Worth: How Much Is Jacqueline Gold Net Worth? – Jacqueline Gold is a British businesswoman and entrepreneur who is best known for her work as the CEO of Ann Summers, a popular chain of lingerie and sex toy shops.

Born on July 16, 1960, Gold grew up in a family of entrepreneurs and developed an early interest in business.

Gold attended the University of Brighton, where she studied business management. After completing her degree, she joined her family’s business, Ann Summers, which at the time was a struggling retail chain that sold clothing and lingerie. Gold quickly realized that the company’s sales were suffering due to the negative perception of sex toys and adult entertainment in society, which led her to make a significant change to the company’s product offerings.

In 1981, Gold introduced a new range of lingerie and sex toys, which proved to be a huge success. She became the company’s managing director in 1987 and, under her leadership, Ann Summers grew into a thriving business with over 140 stores and a multi-million-pound turnover.

Gold is known for her innovative approach to marketing and branding. She was the first to introduce the concept of a “party plan” for sex toys, where women could host private parties in their homes and sell Ann Summers products to their friends. This concept proved to be highly successful and helped to remove the stigma around sex toys and adult entertainment.

In 1993, Gold became the first woman to appear on the cover of Management Today, a prestigious business magazine in the UK. She has received numerous awards and recognitions for her work in the business world, including an Order of the British Empire (OBE) in 2016 for her services to entrepreneurship, women in business, and social enterprise.

Aside from her work at Ann Summers, Gold is also a committed philanthropist and supporter of women’s rights. She is the founder of the Gold Group International, a charitable organization that provides financial support and mentoring to young women who want to start their own businesses. She is also a patron of the Rainbow Trust Children’s Charity, which provides support to families who have children with life-threatening illnesses.

In recent years, Gold has become an outspoken advocate for mental health awareness and has spoken openly about her own struggles with anxiety and depression. She has also been a vocal supporter of the #MeToo movement, speaking out about her own experiences of sexual harassment in the workplace.

Jacqueline Gold Net Worth: How Much Is Jacqueline Gold Net Worth?

It is estimated to be over £500 million (approximately over $670 million). Gold’s net worth is primarily derived from her position as the CEO of Ann Summers, a popular chain of lingerie and sex toy shops that she has been instrumental in growing and expanding over the years. The company has a turnover of over £130 million (approximately $175 million USD) and over 140 stores across the UK and Ireland. Gold also owns a number of private properties and is known for her extravagant lifestyle, which includes luxury cars, yachts, and properties in some of the most exclusive areas of London.

The day we all believed would never happen simply because he was so invincible. Today we lay our wonderful Dad to rest, it feels very surreal but what is real is the love & support we have felt from everyone, it really does give us strength 🫶🏽🙏🏽@Vanessa_Gold @Westham @annsummers

— Jacqueline Gold CBE (@Jacqueline_Gold) February 1, 2023

Aside from her work at Ann Summers, Gold is also a successful investor and has made a number of strategic investments in a variety of companies and startups. In 2017, she invested in the UK-based fintech company, Tide, and has also invested in a number of startups in the health and wellness sector.

Gold’s philanthropic work is also a significant part of her overall wealth. She is known for her support of a variety of charitable causes, including the Rainbow Trust Children’s Charity and the Gold Group International, which provides financial support and mentoring to young women who want to start their own businesses. Gold is also an active supporter of various mental health initiatives and has donated to a number of mental health charities and organizations over the years.