Entrepreneurs

Simon Fuller Net Worth

Published

1 year ago

Jul 4, 2024

Net Worth:	$600 Million
Age:	65
Born:	May 17, 1960
Gender:	Male
Height:	1.65 m (5 ft 5 in)
Country of Origin:	Cyprus
Source of Wealth:	Entrepreneur
Last Updated:	Aug 11, 2025

Table of Contents

Introduction

Simon Fuller is a British entrepreneur, artist manager, and television producer with an estimated net worth of $600 Million.

Fuller is best known for creating the Idol franchise and executive producing several shows, including So You Think You Can Dance and Q’Viva. In 2020, he concluded an agreement with Verizon Communications to develop 5G content.

Early Life

Simon Fuller was born on the 17th of May, 1960, in British Cyprus.

His father was a Royal Air Force pilot who established a school. Later, the family moved to Accra. The family later moved to East Sussex, where Simon’s father became headmaster of the school he attended.

In 1981, Fuller began his career in A&R in the UK. He started his own management company in London in 1985. In 2008, the company delivered a profit of $92.5 million to the parent company.

Career

Simon Fuller began his career in 1981 when he signed Madonna’s hit song “Holiday” to Chrysalis Music Limited.

Four years later, Fuller began his management company, 19 Entertainment, which co-produced Pop Idol in 2001.

However, his first venture into broadcasting was with Miami 7 in 1999, a scripted drama featuring the pop group S Club 7. This show helped launch the careers of Jon Lee, Rachel Stevens, and Ben Barnes, and it inspired the creation of later shows, including High School Musical.

A Noteworthy Career

In 2001, Simon Fuller created the show Pop Idol, a Saturday night prime-time hit in the UK that produced numerous no. 1 hits. Due to its success in the UK, Fuller sold the rights to the show worldwide and is credited with creating one of the world’s most prolific TV formats.

Pop Idol became American Idol in the United States, with Simon Cowell, Randy Jackson, and Paula Abdul bringing it to life. The show quickly became a runaway success, launching the careers of Kelly Clarkson, Carrie Underwood, and many others. By 2011, during the show’s 10th season, ratings continued to climb, with over 122.4 million votes cast by viewers, a record for reality TV.

In 2005, Fuller co-created So You Think You Can Dance on the Fox network, which earned 16 seasons and became a hit TV show. A few years later, with his new company, XIX Entertainment, Fuller created Q’Viva! The Chosen, which debuted in 21 Spanish-speaking territories.

In 2016, Fuller worked with Norwegian broadcaster NRK to produce an English version of the show Skam, which became one of Norway’s biggest hits.

Although 19 Entertainment was sold by Fuller in 2005 for $210 million, Fuller remained CEO and became a consultant after starting XIX Entertainment.

Fuller’s Other Notable Work

With XIX Entertainment, Simon Fuller has set up many beneficial partnerships with other major companies, including a 5G venture with Verizon.

He has also created an educational initiative with Peasos PLC and a talent platform with ByteDance, the owner of TikTok,

Fuller has many shareholdings in other entertainment and fashion companies as well, and in 2006 purchased a majority of Storm Model Management. Soon after, he launched the Victoria Beckham dress collection and accompanied Beckham to the launch of Beckham Limited in 2012.

In the same year, XIX Entertainment launched the David Beckham bodywear line in collaboration with H&M stores worldwide. In addition, Fuller was responsible for discovering Amy Winehouse in 2002 after managing the Spice Girls in the 1990s.

Most recently, he has signed a deal with TikTok to create a new supergroup using talent found on the platform.

Simon Fuller has also ventured into the world of sports, personally representing British tennis player Andy Murry during his US and Wimbledon victories. In 2011, Fuller became the manager of F1 driver Lewis Hamilton and moved him from McLaren to the Mercedes-AMG team, where he won the 2014 World Championship.

Estimated Net Worth

In 2024, Simon Fuller’s net worth is estimated to be roughly $600 Million.

Entrepreneurs

Rich Paul Net Worth

Published

3 weeks ago

Jul 24, 2025

Dan Western

Net Worth:	$120 Million
Age:	43
Born:	December 16, 1981
Gender:	Male
Height:	1.85 m (6 ft 1 in)
Country of Origin:	United States of America
Source of Wealth:	Sports Agent
Last Updated:	Aug 11, 2025

Table of Contents

Introduction

Rich Paul is an American professional sports agent with an estimated net worth of $120 Million.

As the founder and owner of Klutch Sports Group, Rich Paul manages contracts for almost 200 professional athletes across basketball, baseball, football, and soccer. The company manages several billion dollars in contract value at any one time, taking a commission of between 3% and 5% on each negotiated contract.

Klutch Sports Group

In 2012, Rich Paul launched Klutch Sports Group, a sports agency responsible for managing professional athletes and their contract negotiations. When the company was first founded, Klutch Sports focused primarily on the NBA, but gradually expanded into half a dozen sports leagues, including the MLB, MLS, NFL, and WNBA. They were initially headquartered in Cleveland, Ohio, but later established their headquarters in Beverly Hills, California. Based on the most recent information available, Klutch Sports now has locations in Atlanta, Cleveland, Nashville, New York, and Los Angeles.

Expansion by Acquisition

Although Rich Paul initially focused on the NBA, the company’s growth allowed him to expand into other sports. Instead of entering new leagues from the ground up, Klutch Sports focused on acquiring notable agencies that held a larger number of clients from a particular sport. Unfortunately, none of the financial details from each of the company’s acquisitions has been publicly disclosed, but here’s what we do know:

2020 – Tidal Sports Group (MLB)
2020 – Revolution Sports Agency (NFL)
2023 – Elite Athlete Management (NFL)
2023 – Rep 1 Baseball Agency (MLB)
2024 – ROOF (European soccer)

With all of these acquisitions, Klutch Sports was able to bring in all of the companies’ former clients. For the MLB agencies, Tidal Sports Group and Rep 1 Baseball, Klutch Sports added clients such as Alex Bregman, Marcus Stroman, Rafael Devers, and Devin Williams.

As for the two NFL agencies, Revolution Sports and Elite Athlete Management, the acquisitions added a substantial number of successful players to the Klutch Sports roster. This included:

While these clients were acquired through acquisitions, it’s essential to note the existing NBA client list that Klutch Sports has built since 2012. This list includes heavy hitters such as:

Contract Value & Commission

It’s challenging to evaluate just how much money Klutch Sports holds under management, as this would include the combined value from every active contract of all its clients. This is not just limited to team contracts, but also brand endorsement deals. In 2021, TIME magazine listed Klutch Sports among the top 100 most influential companies of the year, reporting over $1.8 billion in contracts under management for clients in the NBA and NFL.

The maximum commission that a sports agent can command from a player’s contract agreement is 4% in the NBA and WNBA. However, for the NFL, the percentage is capped at 3%, and in the MLB, the maximum is 5%. These caps are not expanded to brand endorsements, and agencies typically take a cut of between 10% and 20% for such deals.

Klutch Sports typically sticks to the maximum percentage cap; thus, if their client signs a $100 million contract, the agency can earn up to $40 million (NBA), $50 million (MLB), and $30 million (NFL).

Notable Contract Commissions

As of 2025, Klutch Sports reportedly has nearly 200 professional athletes under management across four separate sports, meaning that a 3-5% commission, even for lower-value contracts, can quickly accumulate. Some of Paul’s most notable negotiations, of course, include his experience managing LeBron, securing multiple agreements valued at over $400 million. At a 4% commission, assuming LeBron earned the full value of the deal, the agency would have earned $16 million.

When Anthony Davis signed a three-year, $186 million contract with the Los Angeles Lakers, Klutch Sports potentially earned $7.4 million in commission.

Other notable deals include:

Fred VanVleet – $130 million (estimated $5.2 million commission)
Draymond Green – $100 million (estimated $4 million commission)
Jerami Grant – $160 million (estimated $6.4 million commission)

Real Estate

Paul owns a beautiful home in Los Angeles, which he purchased for $4.35 million. It’s a traditional home, featuring six bedrooms and five and a half bathrooms.

Entrepreneurs

Joel Glazer Net Worth

Published

3 weeks ago

Jul 20, 2025

John Mulder

Net Worth:	$1 Billion
Age:	58
Born:	March 31, 1967
Gender:	Male
Height:	1.73 m (5 ft 8 in)
Country of Origin:	United States of America
Source of Wealth:	Entrepreneur
Last Updated:	Aug 11, 2025

Table of Contents

Introduction

Joel Glazer is an American businessman and part of the Glazer family with an estimated net worth of $1 Billion.

The family controls First Allied Corporation and the Zapata Corporation, as well as the Tampa Bay Buccaneers of the NFL and England’s Manchester United Football Club. Glazer was born in Rochester, New York.

Quick Facts

Estimated 16.7% stake in Tampa Bay Buccaneers valued at $900 million
Acquired 68% of Manchester United for £800 million in 2005
Remaining 47% stake in the club is valued at over $1 billion

Tampa Bay Buccaneers Acquisition

In January 1995, Joel’s father, Malcolm, secured an agreement to purchase the NFL’s Tampa Bay Buccaneers after the former owner, Hugh Culverhouse, had passed away in August of the prior year. As it turns out, Malcolm had been desperate to own an NFL team, and in 1993, had put in a bid to bring an NFL team to Baltimore. Back then, the Ravens didn’t exist, but unfortunately, Malcolm’s bid was rejected.

Finally, he was able to acquire the Buccaneers for approximately $192 million and placed both of his sons, Joel and Edward, in leadership positions. Joel was 28 years old at the time.

Thirty years later, and here we are; the franchise remains in the hands of the Glazer family, with ownership split among the six siblings. The exact split has never been confirmed, but just assuming it’s an even split, Joel would own roughly 16.7%. In August 2024, Forbes valued the team at $5.4 billion, which is a whopping $5.2 billion more than their father paid. Assuming Joel has always held a 16.7% stake, in 1995, it would have been worth roughly $32.06 million, and by 2024, it had grown to $901.8 million.

Manchester United Acquisition

In May 2005, Joel Glazer and his family negotiated a deal to acquire 68% of the English Premier League soccer club, Manchester United. The acquisition, made through their company Red Football Ltd, was worth a reported £800 million (approximately $1.46 billion at the time). This would have placed the club’s valuation at roughly £1.18 billion ($2.15 billion).

The purchase initially put Manchester United under a heavy financial burden, as much of the £800 million was secured by borrowing against the club’s assets. It has been reported that this led to the club holding significant debts, owing £60 million per year in interest payments alone.

Although Manchester United is no longer a dominant force in the English Premier League, they were the league’s strongest club for seven years following the investment. In five of those years, they won the league, finishing second in the other two. As a result, the club’s value has increased significantly over the past two decades.

In December 2023, INEOS, led by billionaire Jim Ratcliffe, acquired 25% of the club’s A and B class shares at $33 per share. Since then, he’s increased his overall stake to roughly 28.9%.

As of May 2025, Joel Glazer holds a remaining stake of 43%, and the club’s market valuation is approximately $2.4 billion. This would equate to Glazer’s stake being worth an estimated $1.03 billion.

Philanthropy

Glazer supports various charities. His family founded the Glazer Family Foundation, which is dedicated to supporting children in the Tampa Bay area through various charitable initiatives.

Entrepreneurs

Ma Huateng Net Worth

Published

3 weeks ago

Jul 20, 2025

Dan Western

sideres

Net Worth:	$31.4 Billion
Age:	52
Born:	October 29, 1971
Gender:	Male
Height:	1.65 m (5 ft 5 in)
Country of Origin:	China
Source of Wealth:	Entrepreneur
Last Updated:	February 15, 2024

Introduction

Ma Huateng is a Chinese business magnate, engineer, internet and technology, and philanthropist with an estimated net worth of $31.4 Billion.

Huateng is the chairman, founder, and chief executive officer of Tencent, Asia’s most valuable company, and one of the world’s largest Internet and technology companies.

Quick Facts

Holds an 8.7% stake in the Chinese tech company Tencent
Typically earns between $6 million and $8 million in annual compensation
Peak estimated net worth of $65.8 billion in 2021

Net Worth History

Year	Net Worth
2009	$3.5 Billion
2010	$4.4 Billion
2011	$5 Billion
2012	$6.4 Billion
2013	$12.1 Billion
2014	$13.4 Billion
2015	$16.1 Billion
2016	$16.6 Billion
2017	$24.9 Billion
2018	$45.3 Billion
2019	$38.8 Billion
2020	$38.1 Billion
2021	$65.8 Billion
2022	$37.2 Billion
2023	$35.3 Billion
2024	$31.4 Billion
2025	$46.2 Billion

Although almost all of Huateng’s wealth has been generated through his ownership stake in Tencent Holdings, the percentage has gradually been reduced over time. This is primarily due to minor share sell-offs and the addition of new investors. At the time of the company’s founding, Ma Huateng owned 47.5% of the company. Over time, this has been reduced to an estimated 8.7%.

In 2009, Huateng’s net worth was estimated at approximately $3.5 billion. However, in 2012, Tencent’s market cap exploded to over $50 billion thanks to the growth of WeChat, the Chinese equivalent of WhatsApp. As a result, Huateng’s net worth almost doubled throughout the year, from $6.4 billion to $12.1 billion.

Tencent’s valuation continued to increase dramatically over the next several years, reaching $563 billion in 2018, with Huateng’s stake worth an estimated $45.3 billion. In recent years, China has proposed and introduced new, stricter regulations on the gaming industry, which have significantly affected Tencent’s market cap on more than one occasion.

In 2018, Chinese regulators introduced regulations requiring new games to receive approval from authorities before being released. Since 30% of Tencent’s revenues come from the online gaming industry, its valuation took a massive hit, wiping out over $200 billion in just nine months. Huateng’s net worth would have dropped significantly between 2018 and 2019; however, towards the end of the year, the company began recovering at a steady pace.

Tencent reached a new peak market capitalization of $916 billion in 2021, but suffered setbacks again from the Chinese government. The government proposed a new rule to curb the amount of money players can spend on online gaming. Huateng’s net worth went from a peak of $65.8 billion to $37 billion in a single year.

Tencent Compensation

While we don’t have a complete history of Ma Huateng’s annual Tencent compensation, we do have information regarding several recent years. This includes 2020, when he received a total compensation of CNY 58.74 million, equivalent to roughly $8.21 million.

In 2021, reports of his earnings are slightly more transparent, receiving a base salary of CNY 7.33 million ($1.02 million), bonuses of CNY 35.52 million ($4.97 million), plus pension contributions and director bonuses totaling CNY 1.26 million ($176,000). In 2023, Huateng earned a total compensation of CNY 42.92 million ($6 million).

All things considered, it appears that Ma Huateng’s total annual compensation from Tencent typically ranges between $6 million and $8 million per year.