Jacqueline Gold: A Look at the Businesswoman's Net Worth
Jacqueline Gold is a British businesswoman who is best known for her work with Ann Summers, a lingerie and sex toy retailer. In this article, we will take a closer look at Gold's life and career and explore her net worth.
Early Life and Career
Jacqueline Gold was born on July 16, 1960, in London, England. She grew up in a family of entrepreneurs, with her father running a successful retail business. After leaving school, Gold worked for her father's company and gained experience in the retail industry.
In 1981, Gold joined Ann Summers, a company that her father had acquired in the 1970s. At the time, the company was struggling and had a reputation for selling low-quality products. Gold saw an opportunity to turn the company around by rebranding it and focusing on high-quality lingerie and sex toys.
Under Gold's leadership, Ann Summers became a household name in the UK and expanded internationally. She also launched the Ann Summers Party Plan, which allowed women to host parties and sell Ann Summers products in a comfortable and relaxed environment.
Net Worth
Jacqueline Gold's net worth is estimated to be around $500 million as of 2021. The majority of her wealth comes from her role as CEO of Ann Summers and her ownership of the company.
In addition to her work with Ann Summers, Gold has also invested in other businesses and has been involved in several philanthropic initiatives. She has been recognized for her contributions to the retail industry and was awarded a CBE (Commander of the Order of the British Empire) in 2016 for her services to entrepreneurship, women in business, and social enterprise.
Philanthropy
Jacqueline Gold has been involved in several philanthropic initiatives throughout her career. She is a patron of several charities, including the Rainbow Trust Children's Charity and the Retail Trust. She has also launched several initiatives through Ann Summers to support women's health and wellbeing, including the Be Bold for Change campaign, which aims to empower women and encourage them to speak out about important issues.
Final Thoughts
Jacqueline Gold's net worth is a testament to her success as a businesswoman and her ability to turn around a struggling company. Her work with Ann Summers has made her a prominent figure in the retail industry, and her philanthropic initiatives have had a positive impact on the lives of many. As she continues to expand her business ventures and support important causes, it is clear that Gold's influence will continue to be felt for years to come.
