Paul Kemsley is a celebrity manager, reality TV personality, and English businessman. He is well known for his work as a real estate developer and as the Vice-Chairman of Tottenham Hotspur, an English professional football club. He manages English musician Boy George and football star Pele in his capacity as a celebrity manager. Paul Kemsley has a net worth of about $55 million as of 2022.
|Full Name||Paul Zeital Kemsley|
|Birth Date||August 17, 1967|
|Birth Place||Stanmore, Middlesex, England|
|Profession||Business, Reality star, Celebrity Manager|
|Net Worth||$55 million|
In England, on August 17th, 1967, Paul Kemsley was born in Stanmore, Middlesex. Atholl School is where he studied. Paul began his career at John Paul Menswear when he was 15 years old. On Saturdays, he would labor there. He met millionaire retailer Mike Ashley while working at Menswear. He used to compete in darts with Mike for cash.
Paul dropped out of school at the age of 17 and went to work for Gross Fine as a junior surveyor. Paul began working as an agent for a commercial real estate company in 1985. After seven years in the real estate company, he teamed up with an old friend, Mike Ashley, to form Sports Direct, a retail conglomerate.
Paul Kemsley Net Worth & Career
He considered starting his own real estate and securities firm after a few years of job experience. He only had £1,800 in his pocket, though. Paul founded Rock Joint Ventures Ltd. with two investors, Joe Lewis and Daniel Levy, despite the fact that he lacked the necessary funds. Rock Joint Ventures was primarily engaged in the business of investing and developing commercial and residential real estate.
By 2007, Paul and Daniel Levy had amassed a 750 million-pound fortune. Joe Lewis, on the other hand, was no longer with the firm. Paul’s business, Rock, then formed a joint venture with HBOS, a banking and insurance firm, and grew their property portfolio to £1 billion. During the financial crisis of 2007-2010, Paul’s engagement with the firm ceased in June 2009.
Paul went on to play a key part in the purchase of Tottenham Hotspur’s controlling stake. His strong relationship with Lord Sugar, a British business billionaire, was a key factor in the ENIC/Levy partnership’s ability to purchase a controlling stake. Kemsley first appeared on the British reality show The Apprentice in 2005 as one of Lord Sugar’s advisors/interviewees.
Paul Kemsley Fame
In May 2006, Paul paid a staggering £40 million for 27-35 Poultry in the City of London. By selling the Poultry to a former Russian government politician, he made a £32 million profit in only five months. Kemsley also has stakes in Party Gaming, FUN Technologies, and the Chinese-licensed Betex, among other online betting companies.
He was appointed chairman of the New York Cosmos soccer team in August 2010. For nearly a year, he served as Chairman. Paul afterward sold his Cosmos stock at a large profit and used the proceeds to invest in the commercial rights of Pele, a great football player, via the Legends 10 management firm. Revenues from endorsement and licensing are estimated to bring approximately $30 million to the government.
Paul Kemsley Personal Life
In his life, Paul Kemsley has been married twice. Initially, he was married to Loretta. Loretta, his first wife, had three children. In March of 2015, Paul married Dorit. Dorit and he have two children together, a boy and a daughter. Dorit, his second wife, is a well-known reality television actress who stars on “The Real Housewives of Beverly Hills.”
Paul Kemsley Net Worth
Paul Kemsley is to have a net worth of more than $55 million by 2022. He bought a $6.5 million mansion in the Los Angeles neighborhood of Encino. The property was listed for $9.5 million in August 2020.
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