Richard Desmond Net Worth is
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Richard Clive Desmond (born 8 December 1951) is an English publisher and businessman. He is the owner of Express Newspapers and founder of Northern & Shell, which publishes various celebrity magazines, such as OK! and New!, and British national newspapers Daily Star and Daily Express. Northern & Shell also owns British television network Channel 5 as well as Portland TV which, in turn, owns the adult TV channels Television X, Red Hot TV, and others.
In 2010, Desmond was ranked the equal-57th richest man in Britain according to The Sunday Times Rich List, with a net worth of A?950million. He was once again listed on The 2011 Sunday Times Rich List, with his fortune still at A?950million.


Desmond was born in Hampstead, London into a Jewish family, the youngest of three children. His father, Cyril, was at one time managing director of cinema advertising company Pearl & Dean. An ear infection caused the sudden loss of Cyril's hearing and, according to Richard, he used to take him along, when he was no more than three years old, to act as "his ears" in business meetings, where he ostensibly acquired his "first taste of business dealings". After Cyril lost a significant amount of family money to gambling, his parents divorced and 11-year-old Desmond moved with his mother, Millie, into a flat above a garage; he has described his impoverished early adolescence as a time when he was "very fat and very lonely".
Desmond left school at 15 and started working in the classified advertisements section of the Thomson Group, while playing the drums at night. After moving to another company, and on the basis of his music interests, he opened a record shop. In the mid-1970s, Desmond combined his interest in music and advertising to found, with Ray Hammond, International Musician and Recording World monthly magazine for musicians, eventually driving out of business long-established publications such as Beat Instrumental. He was an early pioneer of the international lic

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Richard Desmond Latest News

Richard Desmond 'plans National Lottery bid'

Richard Desmond, the owner of the Daily and Sunday Express newspapers, plans to bid for the right to run the National Lottery when it comes up for renewal. The plans by Mr Desmond, who runs the Health Lottery, have been reported in the Financial Times.
Posted: November 12, 2017, 8:41 am

Want to see the Cowboys in the playoffs? Here's who you should be rooting for this week

ATLANTA, GA - DECEMBER 7: Desmond Trufant #21 of the Atlanta Falcons celebrates ... Though the Seattle defense has taken some huge hits - think: Cliff Avril, Richard Sherman and more - Russell Wilson is in the midst of an MVP-caliber season.
Posted: December 17, 2017, 5:45 am

Otsego County man charged in shooting death of parents

Otsego County Sheriff Richard J. Devlin, Jr. on Wednesday announced a suspect has been taken into custody in connection to a double homicide in Laurens. According to Schoharie County Sheriff Tony Desmond, deputies attempted to stop a car being driven on ...
Posted: December 13, 2017, 12:58 pm
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