Hilary Devey has an estimated net worth of $80 million. She is an English entrepreneur and television personality. Her ability to spot new opportunities and successfully combine business with TV personality glamour has propelled her to wealth. She started her education at Bolton School in her hometown of Bolton, Lancashire, where she was born on March 10, 1957.
Devey was still a child when she was forced to witness her family’s disastrous bankruptcy experience. However, as a result of that experience, she became even more determined to succeed. She was inspired to start her own business while working in air traffic control for the Women’s Royal Air Force. She made her first fortune by introducing Pall-EX, a freight network in the market, before becoming well-known for her roles on the BBC’s “Two program Dragons’ Den” and the Chanel 4 series of “The Intern.”
Infancy
Devey grew up in Bolton, Lancashire, and was born Hilary Lorraine Brewster on March 10, 1957. She saw the effects of her father’s bankruptcy as a seven-year-old child when bailiffs removed furniture and household goods from the family home after his father, who had owned a central heating company, filed for bankruptcy. Her father then worked as a bartender and a hotel manager. She dropped out of school at sixteen and joined the Women’s Royal Air Force, where she worked in air traffic control and supply accounts at RAF Brize Norton. Later, Devey relocated to the capital of the United Kingdom, London.
How much money does Hilary Devey make?
The entrepreneur, haulage mogul, and former Loose Woman were estimated to be worth $80 million, according to Celebrity Net Worth.
In the 1990s, Devey founded the multimillion-pound freight distribution company Pall-Ex, which he died at the age of 65 after a long health battle.
With her network being only the third of its kind in the UK, she was a pioneer in palletized goods distribution.
The profitable haulage company grew to revenue of just under £60 million per year, with a combined international network turnover of £100 million.
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Life in general
Devey previously lived in Staffordshire, England, near Burton-upon-Trent, but later moved to Derbyshire’s Boylestone. She also owned a house in London and villas in Morocco, Spain, and Boca Raton, Florida, as well as a mansion in the state that she sold for £5.42 million in 2014. She went through two divorces in her lifetime. She also had a son named Melvin, who she claimed had overcome his addiction to drugs in 2013.
Devey was a fan of the rock band Status Quo and a supporter of the Bolton Wanderers.
Devey told a story on BBC Radio 4 on October 28, 2012, about her mother’s discovery that her father already had a wife and four children, years into their relationship. Devey found out that her ex-partner was married with five children as well.
Career
Devey appeared on a number of television shows, including Secret Millionaire in 2008, in which she donated over £70,000 to the Back Door Music Project and the Syke Community Centre in Rochdale. She hosted The Business Inspector for Channel 5 in March 2010, a four-part documentary series in which she used her business acumen and expertise to help turn struggling small businesses into profitable enterprises.
Following the departure of James Caan from the BBC’s Dragons’ Den, Devey joined the panel in February 2011. Devey later announced that she would be leaving the show in June 2012, after signing a two-year exclusive deal with Channel 4.
Hilary Devey’s Women at the Top, a joint Open University and BBC Two production, was Devey’s final program for BBC Two in September 2012.
Devey began hosting a new series, The Intern, a business documentary in which he gave three young interns a week’s trial in the job of their dreams, after moving to Channel 4 in April 2013. The first three episodes were broadcast at 9 p.m. on Thursdays, but due to a significant drop in ratings, the final three episodes were broadcast at 11 p.m. on Wednesdays.
Devey announced on April 3, 2014, that she would host a new Channel 4 show, which would begin filming in June of that year. On June 9, 2015, Channel 4 premiered the show, titled Running the Shop.
Devey made her ITV lunchtime chat show Loose Women debut as a guest panelist on June 18, 2015, and became an occasional panelist on September 4, 2015. On November 9th, however, she left the show.
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Awards
In recognition of her contributions to the industry, Devey received the Vitalise Woman of the Year Award in 2008 and an Honorary Doctorate of Law from the University of Leicester in 2010. In 2009, the Chartered Institute of Logistics and Transport presented him with the Sir Robert Lawrence Award for Lifetime Achievement, and in 2010, the International Freight Weekly Awards presented him with the Personality of the Year.
Devey was honored by the University of Bolton with an Honorary Doctorate of Business Administration in July 2012 for his contributions to the business world.
In the 2013 Birthday Honours, Devey was named Commander of the Order of the British Empire (CBE) for services to the transport industry and charitable work.
Devey was honored by the University of Wolverhampton with an Honorary Doctor of Business Administration degree on April 16, 2014.
Devey was a British Citizen Awards ambassador, a bi-annual ceremony that honours ordinary people for their contributions to society.