Martin Naughton Net Worth
Martin Naughton made money by Billionaires niche. For all time, at the moment, 2021 year, Martin Naughton earned $2.5 Billion. Exact sum is $2580000000.
Short biography, height, weight, dates:
Birth date: 1940, County Louth, Republic of Ireland
Birth place: County Louth
Education: De La Salle College Dundalk
Nationality: Republic of Ireland
Wikipedia Source: Martin Naughton
Martin Naughton, KBE, an Irish entrepreneur, founded Glen Electric in November 1973 with a small manufacturing facility employing just ten people in Newry, Co. Down, Northern Ireland. In 1977, Dimplex, the leading brand in the UK electrical heating market was acquired by Glen Electrics forming the Glen Dimplex Group. The company set out acquiring further businesses across the UK with Morphy Richards, the market leader in small domestic appliances in 1985 followed by Blanella, a manufacturer of electric blankets and Burco Dean Appliances, a manufacturer of products for the catering industry, all in the same year. The 1990s saw the company forge its powers of acquisition and strategic business thinking to acquire further businesses across Europe and beyond.