Jimi Heselden Net Worth is$250 Million
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Profession: Businessperson, Entrepreneur
Date of Birth: 1948
Jimi Heselden was a successful entrepreneur and has a net worth of $250 million. Jimi Heselden earned his net worth through his founding of Hesco Bastian Ltd. a manufacturing company making sand filled containers used as barriers in war, and his purchase of Segway Inc. He was born in Halton Manor, Leeds, England, UK and passed away in 2010.
James William "Jimi" HeseldenOBE (27 March 1948 - 26 September 2010) was a British entrepreneur. A former coal miner, Heselden made his fortune manufacturing the Hesco bastion barrier system. In 2010, he bought Segway Inc., maker of the Segway personal transport system. Heselden died in 2010 from injuries apparently sustained falling from a cliff whilst riding a Segway. His estate, bequeathed to his widow and family, was worth over lb340 million and he was ranked in the top 400 members of the Sunday Times Rich List.
Heselden grew up in the Halton Moor district of Leeds, West Yorkshire, England. At the age of 15, Heselden left Osmondthorpe Secondary Modern School to work as a labourer and then at collieries in Temple Newsam and Lofthouse. He lost his job in the wave of redundancies that followed the 1984-85 miners' strike and spent his redundancy money on renting a workshop and, at first, setting up a sandblasting business. He then worked on developing and patenting a collapsible wire mesh and fabric container, now called Hesco bastion, to be used for building flood management and to limit erosion.
In 1989, Heselden founded Hesco Bastion Ltd to manufacture containers of the same name; filled with sand or earth, they quickly found favour with the armies of several countries, as they allowed effective blast walls, barriers and revetments to be quickly constructed. Made in Hesco's factory in Leeds, these were shipped (flat-packed) in great numbers to conflict zones, including Kosovo, Iraq and Afghanistan, as well as later being used for flood defences at New Orleans. He was appointed Officer of the Order of the British Empire (OBE) in the 2006 Queen's Birthday Honours, "for services to the Defence industry and to Charity."
In 2008, Heselden donated lb1.5 million to the Help For Heroes fund through a charity auction bid for nine people to fly with the Red Arrows and, in the same year, set up the Hesco Bastion Fund in his home city with a lb10 million donation to

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Jimi Heselden Latest News

Leeds City Varieties: Newly refurbished auditorium named after Segway tycoon

Leeds City Varieties Music Hall has announced that its newly-refurbished auditorium is to be named after Jimi Heselden following a generous donation from the late businessman’s family. Jimi Heselden OBE died aged 62 in September 2010 in a tragic accident ...
Posted: September 7, 2011, 4:31 am

Segway Tycoon May Have Fallen Off A Cliff While Trying To Let A Dog Walker Pass

Jimi Heselden, the segway millionaire who fell 42 feet while walking his dog on his segway, may have died while being courteous to a fellow dog walker, The Telegraph reports. Heselden had been on a footpath at the top of a steep incline in West Yorkshire ...
Posted: July 15, 2011, 2:37 am

'Politeness' Caused Segway Boss' Death Plunge

Jimi Heselden died while walking his dog above the river Wharfe near Boston Spa in September last year. A dog walker told the inquest he saw Mr Heselden move backwards at the top of a steep incline, in order to allow him to pass. Sean Christie said he saw ...
Posted: July 16, 2011, 1:25 am
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