Richard Desmond Net Worth


In 2000, he got the ownership over the British newspaper group Express, which includes such titles as the Daily and Sunday Express, the Daily Star and Daily Star Sunday, as well as the Irish Daily Star. By 1993, the group started to publish the celebrity weekly magazine Ok! Aside from the above titles, Richard Desmond also owned more than 40 adult entertainment publications that he later sold in 2004. It was on July 23, 2010 that he bought Channel5, which airs Dallas, American Idol and Celebrity Big Brother. Since its acquisition, Desmond has made some major changes transforming the board, slimming down staff, moving headquarters and investing in a host of new programming.