How rich is Martin Naughton?
Martin Naughton Net Worth:
|Birth date:||1940, County Louth, Republic of Ireland|
|Birth place:||County Louth|
|Education:||De La Salle College Dundalk|
|Nationality:||Republic of Ireland|
|Children:||Fergal Naughton, Fiona Naughton, Neil Naughton|
Martin Naughton net worth, wiki & biography:
Irish entrepreneur Martin Naughton comes with an estimated net worth of $2.8 billion according to Forbes. He is considered to be the creator of Glen Electric.
Martin Naughton Net Worth $2.8 Billion
Martin Naughtin is a graduate of De La Salle College Dundalk. He is presently based in County Meath with his wife and three children. Martin Naughton has overseen Glen Dimplex Group to become the largest producer of domestic heating appliances on earth. Today, the business has plants in Northern America, United Kingdom and Republic of Ireland. Receiving an annual sales of around $1 billion, Glen Dimplex Group currently has22 production facilities that hires more than 7000 workers.
By the time Glen Electric was set up in 1973, it was merely a small manufacturing facility that hires only 10 people in Northern Ireland. Four years after, the business got a production facility which was considered as the leading brand of electric heating products in the UK market. This resulted in the development of the Glen Dimplex Group.