Peter Jones is well-known for his achievements as an entrepreneur, TV star, and businessman. Peter Jones has shown an interest in a wide range of industries and activities; he is linked to various entities and has been publicly recognized for his involvement in a wide range of fields.
Early in his career, Peter made very successful personal computers. However, he suffered a major financial setback after selling the business to IBM. Peter, a rabid Tom Cruise fan, named his new bar after the actor’s breakout role in the film adaptation of the same name.
Throughout the years 2000-2010, he established a wide range of companies. He eventually became so wealthy that he could afford to appear on shows like “Dragons Den,” “American Investor,” “Tycoon,” and many more.
Peter Jones: Early Life
Peter David Jones was born on March 18, 1966, in the county of Berkshire, England. He came to Maidenhead with his family when he was seven years old after spending his early childhood in Langley, Berkshire.
Both of Peter’s parents were working professionals, and he recalled, “When I was 7 years old, I would sit in my Dad’s chair, pick up the telephone, and pretend I was closing a large transaction.”
Jones was a tennis assistant at the age of 12 and went on to attend Desborough School and The Windsor Boys’ School. At age 16, Peter opened his first business, a tennis academy.
Peter Jones’s Net Worth
|Net Worth:||$400 Million|
|Date of Birth:||Mar 18, 1966 (56 years old)|
|Height:||6 ft 7 in (2.01 m)|
|Profession:||Businessperson, Entrepreneur, Presenter, Actor, Screenwriter, Broadcaster|
Peter Jones CBE is a television host, businessman, and entrepreneur with a net worth of $400 million. Peter Jones is well-known as an investor on BBC Two’s “Dragons’ Den” (2005-2020) and as a judge on ABC’s “American Inventor” (2005-2019), but he has been wealthy in a number of different sectors, including mobile phones and the leisure industry (2006–2007).
In the United Kingdom, “Tycoon,” his book published in 2007, was a huge success. After Jones’s 2011 deal with Wireless Logic for £38 million, he no longer owned a significant portion of Data Select. The celebrity’s likeness was used to promote a Bitcoin investment scheme in 2022 in which he had no hand. Even so, he is thought to be worth around £1.167 billion.
Peter Jones: Business Career
Jones, while still in high school, launched a company to manufacture and sell his own line of personal computers; he eventually sold the company to IBM for £200,000 in losses. As a result, he had to sell his house in Bray and move back in with his parents. Later in life, Peter started working for the IT firm Siemens Nixdorf, and in his mid-20s,
he founded a cocktail bar in Windsor modeled after the one in the 1988 film “Cocktail.” Jones founded Phones International Group in 1998; the company is now known as Data Select, and in 2002, “The Times”/Ernst & Young honored Jones as their Emerging Entrepreneur of the Year.
Peter Jones and fellow “Dragons’ Den” panelist Theo Paphitis purchased gift experience company Red Letter Days from panelist Rachel Elnaugh (who also founded the company) for £250,000 in 2005. In addition to founding the Peter Jones Enterprise Academy in 2009, Peter also founded Wines4Business.com and Celsius Resourcing at about the same time.
The academy’s programs have been made available at many different universities in the United Kingdom under the slogan “Bringing the boardroom to the classroom.” In addition to “Wonderland Magazine,” “Concentrate Design,” “Square Mile International,” “Reggae Reggae Sauce,” and “iTeddy,” Jones has backed a number of other companies that have appeared on “Dragons’ Den.”
In 2011, he made £38 million off the sale of Phones International Group’s Wireless Logic division, and in 2013, he bought the photographic store Jessops and assumed the role of CEO. Along with his many real estate holdings, Peter is also the owner of the production business Peter Jones TV.
A Career In Entertainment
Jones was an inaugural member of the Dragons on the 2005 series “Dragons’ Den,” a show where entrepreneurs can present their business plans to a panel of possible investors. As the 17th season of “Dragons’ Den” premiered in 2020, Peter was the only original Dragon still active in the production.
Jones pitched ABC the idea for “American Inventor,” which the network eventually bought. He served as a judge and co-produced the show alongside Simon Cowell, with whom he worked again in 2007 on the play “Tycoon,” a British adaptation of “American Inventor.”
Over its two seasons, the show had a total of 19 episodes. Peter has also made appearances on “Never Mind the Buzzcocks,” “Top Gear,” “Strictly Come Dancing,” and “Jimmy Kimmel Live!” (2011).
Peter and Caroline, who he married in 1988 and who bore him two children, Annabelle and William, are no longer together. Jones and Tara Capp have been together since 1997, and their children are named Natalia, Isabella, and Tallulah.
Peter’s first car, purchased with assistance from his parents, was an Alfa Romeo Alfasud. He now has a collection of high-end sports cars and historic automobiles. With the goal of “providing young people, particularly those who are underprivileged,
with the entrepreneurship skills and experiences needed to better prepare themselves for successful employment or self-employment,” he established The Peter Jones Foundation in 2005.
Investment in Real Estate
Jones purchased a mansion in Beaconsfield, Buckinghamshire, England for £2.67 million in 2004 and later sold it for £3.1 million. Peter has owned a variety of real estate, including a £7 million Buckinghamshire estate (on roughly 200 acres of land) that he bought in 2009.