Paul Kemsley is a famous British entrepreneur and television star. He is widely known for working as a vice chairman in a football club named Tottenham Hotspur. Also, he managed the soccer legend Pele. As of this writing, Paul Kemsley has an approximated net worth of $50 million, thanks to his business career.
17 August 1967, Paul Kemsley was born in Stanmore, Middlesex, England. He spent most of his childhood in his hometown. However, his parental information is still not published yet. Kemsley completed his schooling at Atholl School. But he did not complete his graduation.
Biography of Paul Kemsley
|Full Name||Paul Zeital Kemsley|
|Professional Name||Paul Kemsley|
|Date of Birth||17 August 1967|
|Place of Birth||Stanmore, Middlesex, England|
|Height||5 feet 11 inches|
|Wife Name||Dorit Kemsley|
|Profession||Entrepreneur and TV personality|
|Net Worth||$50 million|
At 17, Paul Kemsley dropped out of school and began working as a surveyor in a firm. In 1985, he went to a firm and worked for 7 years at stake. After leaving the firm, Kemsley went to his friend, Mike Ashley for the retail group called Sports Direct.
After getting experience from the group, Kemsley thought of opening a security company. Kemsley created a company Rock Joint Ventures, with two real estate investors. The two investors were Daniel Levi and Joe Lewis.
In 2006, Paul bought 35 poultry firms to gain profit from here. Then he sold some firms to the Russian Minister of Government. Paul Kemsley invested in some betting organizations, including Party Gaming, Chinese-Licensed Betex, and FUN Technology.
By 2007, Paul Kemsley and Levi made an excellent profit of $1 billion (£750 million). However, another investor, Joe Lewis, departed from the company. After a while, Rock Venture joined up with a bank insurance company named HBOS. Then Kemsley and Levi made a profit of $1.34 billion (£1 billion).
But in 2010, the company faced a financial crisis because of Kemsley’s involvement. A while later, Paul bought the majority shares of a company named Tottenham Hotspur and became vice-chairman.
According to IMDb, from 2005 to 2008, Kemsley appeared in a TV show named The Apprentice UK. And from 2016 to 2021, he worked in a television series called The Real Housewives of Beverly Hills.
Paul Kemsley Net Worth
Paul Kemsley has an estimated net worth of $50 million. Besides, he has bought a new house for 5.6 million dollars. In 2020, he sold the house for 9.5 million dollars. Anyway, he made more than $20 million every year on average.
So, we have provided an estimated net worth by combining all the payments Paul Kemsley earned throughout his career.
How does Paul Kemsley make money?
Paul Kemsley makes most of his money through real estate investments. Besides, he has millions of fans and followers on the internet and social media platforms to cheer him up.
Investors like Brandon Fugal, Melody Holt, and Tarek El Moussa make most of their assets through the real estate business. Besides, he earns more than $2 million every month on average.
According to our sources, when Kemsley bought 35 poultry firms, he made more than $53.60 million (£40 million) in a month. After giving it to the Russian Minister, he earned more than $42 million (£32 million) in just five months.
Moreover, when Kemsley was selling the New York Cosmos Soccer Club at a high profit. He made an excellent amount of money to grow his wealth. However, he invested in the legend named Pele.
A real estate investor can earn in many ways. They are-
- By increasing property value
- By renting the property
- By making profits from the agency
An ordinary real estate investor can earn more than $50,000 to $130,000 every year. But experiences matter the most. So, a professional investor like Paul Kemsley makes more than $70,000 to $150,000 annually.
Furthermore, a television star can make around $10 thousand for every episode. However, it may vary, which depends on popularity. And Kemsley appeared in some television series. From here, he made more than $2 million.
Kemsley married first a lady named Loretta. The couple has 3 children together. After their separation, he married Dorit Kemsley. The pair has two children. Dorit also appeared in the television show named The Real Housewives of Beverly Hills.
What is Paul Kemsley doing now?
In 2012, Paul Kemsley was bankrupt. He has more than $50 million in debt to different creditors. In 2020, he was busted for Driving Under the Influence (DUI). Besides, he is currently focusing on his real estate investments.