Who is Michelle Mone? Biography, Wiki
Michelle Mone, also recognized as Baroness Mone, stands as a prominent Scottish businesswoman and Conservative life peer, notably associated with ventures like the lingerie brand Ultimo.
Nevertheless, she has recently been entangled in controversy amid allegations of profiting from government contracts for personal protective equipment (PPE) during the COVID-19 pandemic. Here’s an overview of her life and career:
Age
Baroness Mone, born Michelle Georgina Allan in October 1971 in Glasgow, Scotland, is currently 52 years old.
Short Bio And Some Quick Facts
| Complete/ Real Name | Michelle Mone |
| Famous Name | Baroness Mone |
| DOB | October 1971 |
| Age | 52 years |
| Place of Birth | Glasgow, Scotland, UK |
| Zodaic Sign | Update Soon |
| Ethnicity | White |
| Nationality | British |
| Religion | Roman Catholic |
| Occupation | Business executive, politician, author, philanthropist |
| Education | University of Strathclyde (honorary doctorate) |
| Height | 5 feet 2 inches |
| Weight | 58 kg |
| Eye Color | Blue |
| Hair Color | Blonde |
| Net Worth (As of 2023) | Approximately £20 million |
| Category | Biography |
Education
Raised in challenging circumstances, she grew up in a one-bedroom house with her parents and siblings until the age of 10. Tragedy struck early in her life with the loss of her younger brother to spina bifida and her father’s battle with cancer, leading to the loss of his ability to walk by the time she was 15.
Career Beginnings
Having left school at 15 without qualifications, Mone initially pursued a modeling career before securing a marketing position at Labatt brewing company in Scotland.
Despite rising to head of marketing within two years, she faced redundancy at 23. Undeterred, she used her compensation to embark on an entrepreneurial journey.
In November 1996, Mone co-founded MJM International Ltd with her then-husband. This venture later evolved into Ultimo International Ltd, achieving significant success with the launch of their flagship lingerie brand, Ultimo, in August 1999.
Ultimo Success and Business Ventures
Mone’s entrepreneurial spirit expanded Ultimo into a diverse range of products, including underwear, swimwear, activewear, fragrances, cosmetics, and more. The brand’s success led to acquisitions and partnerships with various companies.
Mone also delved into ventures related to weight loss pills, fake tan products, and cryptocurrency tokens.
Recognition and Honors
Over the years, Mone has garnered numerous awards and honors for her contributions to business and society. These include recognitions such as Entrepreneur of the Year at the World Economic Forum in 2004 and Most Influential Peer in the UK at the Times Red Box Awards in 2020.
PPE Controversy
The controversy surrounding Mone emerged in December 2020 when The Guardian reported that she had allegedly received £29 million in profits from an offshore trust linked to PPE contracts during the COVID-19 pandemic. The House of Lords Commissioner for Standards initiated an investigation into her alleged breach of the code of conduct.
Mone has denied any wrongdoing, asserting that she had no influence in the awarding of contracts to PPE Medpro. The investigation is ongoing, and Mone has emphasized that she declared her interest in the offshore trust to the House of Lords.
Husband and Children
Baroness Mone was married to Michael Mone in 1996, and they share three children. After their separation in 2011 and divorce in 2017, she entered a relationship with billionaire businessman Doug Barrowman.
They reside in the Isle of Man, with a combined net worth exceeding £1 billion and ownership of several properties worldwide.
Admission of Involvement in PPE Contracts
In a notable interview with the BBC, Baroness Mone admitted her role in securing a £200 million contract for PPE Medpro during the Covid-19 pandemic. Apologizing for concealing her involvement, she clarified her position as an intermediary between the company and government officials.
Mone also acknowledged aggressively lobbying for another company linked to her husband’s family office.
These revelations triggered public scrutiny and accusations of abuse of her position. Investigations by the House of Lords Commissioner for Standards and the National Crime Agency are underway, while Mone announced a leave of absence from the House of Lords to address the allegations.
Ethnicity, and Nationality
Baroness Mone’s ethnicity is White, and her nationality is British.
Height, and Weight
She stands at 5 feet 2 inches tall, weighing approximately 58 kg.
Net Worth
Her reported net worth has remained consistent at £20 million in 2021, 2022, and 2023.
| Homepage | theeducationisthub.com |
| www.facebook.com/michellemoneobe | |
| www.twitter.com/MichelleMone | |
| www.instagram.com/michellemone | |
| www.uk.linkedin.com/in/michellemone |
