What is Don McCarthy’s Net Worth?
Don McCarthy is a British entrepreneur who has a net worth of $240 million. He collected his wealth within the retail trade by making bankable investments in a string of well-known chains. Today, he serves because the chairman of the House of Fraser, a British division retailer group with greater than 60 shops throughout the UK and Ireland.
He can be a shareholder within the group, which hit the headlines in April 2014 when it was reported that 89% of House of Fraser could be bought by the Chinese conglomerate Sanpower for round £450 million. Aside from House of Fraser, Mr McCarthy is an ex-boss of Shoe Studio Group and one-time chairman of Aurum, the jewellery retailer which owns Mappin & Webb and Goldsmiths. Furthermore, he held another retailers that he offered to Baugur, the Icelandic investor which did not make it via the monetary disaster.
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