Richard Clive Desmond (born 8 December 1951) is a British publisher, businessman and former
pornographer.
According to the 2021 ''
Sunday Times Rich List
The ''Sunday Times Rich List'' is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and published as a magazine supplement by British national Sunday news ...
'', Desmond was the 107th richest person in the United Kingdom.
[ He is the founder of ]Northern & Shell
Northern & Shell (holding company name Northern and Shell Network Ltd) is a British publishing group, founded in December 1974 and owned since then by Richard Desmond. Formerly a publisher of pornographic magazines including ''Penthouse'' and ''A ...
, a publisher known for running The Health Lottery
The Health Lottery is a lottery that operates on behalf of twelve local society lotteries across Great Britain. It was launched in October 2011 and runs five weekly draws on Tuesdays, Wednesdays, Thursdays, Fridays, and Saturdays. Each week a d ...
and for having owned a variety of pornographic titles and of celebrity magazines (including '' OK!'' and ''New!
''New!'' is a British weekly magazine, specialising in celebrity news and is published by Reach plc, which also oversees '' OK!'' magazine, the ''Daily Mirror'', '' Daily Express'' and '' Daily Star''.
Profile
''New!'' was first published in ...
''), Britain's Channel 5, pornographic television network Portland
Portland most commonly refers to:
* Portland, Oregon, the largest city in the state of Oregon, in the Pacific Northwest region of the United States
* Portland, Maine, the largest city in the state of Maine, in the New England region of the northeas ...
, and Express Newspapers
Northern & Shell (holding company name Northern and Shell Network Ltd) is a British publishing group, founded in December 1974 and owned since then by Richard Desmond. Formerly a publisher of pornographic magazines including '' Penthouse'' and ' ...
.[
In 2020, Desmond was involved in controversy after pressuring the ]Robert Jenrick
Robert Edward Jenrick (born 9 January 1982) is a British politician serving as Minister of State for Immigration since October 2022. He served as Minister of State for Health from September to October 2022. He served as Secretary of State fo ...
to overrule the Planning Inspectorate and approve a housing development for Desmond's company.[ The timing of the decision saved the company £40 million but was later overturned.
]
Early life
Desmond was born in Hampstead, London, into a Jewish
Jews ( he, יְהוּדִים, , ) or Jewish people are an ethnoreligious group and nation originating from the Israelites Israelite origins and kingdom: "The first act in the long drama of Jewish history is the age of the Israelites""The ...
family, the youngest of three children, and was raised in Edgware, in north west London. His father was descended from Latvian Jews
The history of the Jews in Latvia dates back to the first Jewish colony established in Piltene in 1571. Jews contributed to Latvia's development until the Northern War (1700–1721), which decimated Latvia's population.R. O. G. Urch. Latvi ...
, and his mother was of Ukrainian-Jewish
The history of the Jews in Ukraine dates back over a thousand years; Jewish communities have existed in the territory of Ukraine from the time of the Kievan Rus' (late 9th to mid-13th century). Some of the most important Jewish religious and ...
descent. His father, Cyril, was at one time managing director of cinema advertising company Pearl & Dean
Pearl & Dean is a British cinema advertising company, founded in 1953.
Pearl & Dean is now owned by Willowbrook Investments Ltd, and controls advertising at many UK cinema sites including multiplex operators Empire, Showcase and AMC; the company ...
. An ear infection caused the sudden loss of Cyril's hearing and, according to Richard, he used to take him along, when he was no more than three years old, to act as "his ears" in business meetings, where he ostensibly acquired his "first taste of business dealings". After Cyril lost a significant amount of family money to gambling, his parents divorced["Richard Desmond: Never afraid to Express himself"](_blank)
''The Guardian'', 15 August 2010 and 11-year-old Desmond moved with his mother, Millie, into a flat above a garage; he has described his impoverished early adolescence as a time when he was "very fat and very lonely".
Desmond was educated at Edgware Junior School and Christ's College, Finchley
Christ's College is a secondary school with academy status in East Finchley, London, United Kingdom. It falls under the London Borough of Barnet Local Education Authority for admissions. Since September 2018, Christ’s College Finchley has off ...
.[Blackhurst, Chris (1 December 2010]
"The MT Interview: Richard Desmond"
. ''Management Today''. Retrieved 25 June 2015
Early publishing career
Desmond left school at 15 and started working in the classified advertisements section of the Thomson Group Thomson may refer to:
Names
* Thomson (surname), a list of people with this name and a description of its origin
* Thomson baronets, four baronetcies created for persons with the surname Thomson
Businesses and organizations
* SGS-Thomson Mi ...
, while playing the drums at gigs after a day's work. After moving to another company, he became the advertising manager for the music magazine company Beat Publications, the publisher of ''Beat Instrumental
''Beat Instrumental'' was a UK monthly pop and rock magazine. Founded by Sean O'Mahony (aka Johnny Dean) and first published in May 1963 as ''Beat Monthly'', it became ''Beat Instrumental Monthly'' with issue 18 and ''Beat Instrumental'' from ...
''. Desmond owned two record shops by the time he was 21.[Alex Benad]
"Larging It Up With Richard Desmond"
, ''Management Today'', 1 October 2003 In the mid-1970s, Desmond combined his interest in music and advertising to found, with Ray Hammond
Ray Hammond is a British author and futurist.
Selected bibliography
Fiction
*''The Cloud'' (2006)
*''Emergence'' (2002)
*''Extinction'' (2005)
Non-fiction
*''Forward 100'' (1984)
*''Digital Business: Surviving and Thriving In An On-Line Worl ...
, ''International Musician and Recording World
''International Musician and Recording World'' was a magazine published from 1975 to 1991. Originally launched in the UK, editions were created for the United States, Europe, Australia, and Japan.
Foundation
''International Musician and Recording ...
'', a monthly magazine for musicians which expanded to have editions in the UK, US, Australia, Japan and Germany.[ This was followed by the publication of ''Home Organist'', whose editor contributed the old-school motto ('Nothing is difficult for the strong' – it was Disraeli's motto), still used by the Northern & Shell publishing group. Desmond eventually bought out Hammond.
Northern & Shell began publication of the celebrity '' OK!'' magazine as a monthly in 1993, later becoming a weekly in March 1996. It is the largest weekly magazine in the world, with 23 separate editions from the US to Australia to Azerbaijan and with a readership in excess of 31 million. It was originally an imitation of '' Hello!'' magazine but now outsells its rival.]
Pornography
In 1982, Northern & Shell began to publish the UK edition of ''Penthouse
Penthouse most often refers to:
*Penthouse apartment, a special apartment on the top floor of a building
*Penthouse (magazine), ''Penthouse'' (magazine), a British-founded men's magazine
*Mechanical penthouse, a floor, typically located directly u ...
'', although the licensing deal ended in the 1990s. The company soon began to publish a range of pornographic magazines itself including ''Asian Babes
''Asian Babes'' was a British softcore pornographic magazine which featured photographs of women of South Asian, Korean, Chinese, Japanese, and Thai origin. The magazine was launched in March 1992 and initially used only Indian and Pakistani mode ...
'', ''Readers Wives'' and ''Barely Legal'', numbering 45 such titles in all when they were eventually sold. During the 1980s, Desmond ran a premium rate phone sex company until 1988 when he sold the business after British Telecom
BT Group plc (trade name, trading as BT and formerly British Telecom) is a British Multinational corporation, multinational telecommunications holding company headquartered in London, England. It has operations in around 180 countries and is th ...
raised concerns about the content.
Desmond's Northern & Shell launched The Fantasy Channel in 1995. It was one of the first pornographic channels available on satellite television in the UK, competing against other channels available on cable. The channel was later rebranded as Television X
Television X (TVX) is a series of adult pay-per-view television channels in the United Kingdom owned by MG Global Entertainment (Europe) Limited. Until 2020, it was owned by Portland TV which was a subsidiary of Richard Desmond's publishing com ...
. By 2003, Desmond's company had expanded to broadcasting seven channels, with plans to launch six more and the business was described as "extremely lucrative", generating £17m of the £60m operating profits of Northern & Shell. A website, fantasy121.com, was also launched.
Desmond put the magazines up for sale in 2001 in an attempt to distance himself from pornography and employed a spin doctor to try and rebrand himself. He said in 2003 in a television programme, ''The Real Richard Desmond'' (Channel 4): "Would it be better to be a former pornographer rather than a pornographer? I'm probably being more honest by keeping them. They serve a need." In February 2004, in a move that some media outlets interpreted as an attempt to improve his image in view of his bid for ''The Daily Telegraph''. Desmond sold the pornographic magazine business to Remnant Media
Remnant Media was a British company which published a variety of pornographic magazines.
On 1 March 2004, Richard Desmond's company Northern and Shell sold a package of 45 titles, for about £20m, to Remnant Media in order to help reshape Desmond ...
for approximately £10 million.
Desmond was apparently "wounded" by references to himself as a pornographer. Desmond has emphasised that his material has been available through WHSmith
WHSmith (also written WH Smith, and known colloquially as Smith's and formerly as W. H. Smith & Son) is a British retailer, headquartered in Swindon, England, which operates a chain of high street, railway station, airport, port, hospital and m ...
and Freeview Freeview may refer to:
* Freeview (Australia), the marketing name for the digital terrestrial television platform in Australia
* Freeview (New Zealand), a digital satellite and digital terrestrial television platform in New Zealand
*Freeview (UK), ...
, saying that: "If it was pornography you would end up in prison because pornography is illegal". A headline in the ''Evening Standard
The ''Evening Standard'', formerly ''The Standard'' (1827–1904), also known as the ''London Evening Standard'', is a local free daily newspaper in London, England, published Monday to Friday in tabloid format.
In October 2009, after be ...
'' in 2000 said "Porn Publisher to Buy Express" in reference to Desmond. In a 2002 interview for ''BBC Newsnight
''Newsnight'' (or ''BBC Newsnight'') is BBC Two's news and current affairs programme, providing in-depth investigation and analysis of the stories behind the day's headlines. The programme is broadcast on weekdays at 22:30. and is also availab ...
'' with Jeremy Paxman
Jeremy Dickson Paxman (born 11 May 1950) is an English broadcaster, journalist, author, and television presenter. Born in Leeds, Paxman was educated at Malvern College and St Catharine's College, Cambridge, where he edited the undergraduate new ...
, Tony Blair
Sir Anthony Charles Lynton Blair (born 6 May 1953) is a British former politician who served as Prime Minister of the United Kingdom from 1997 to 2007 and Leader of the Labour Party from 1994 to 2007. He previously served as Leader of th ...
was asked if it were appropriate to accept a controversial £100,000 donation from Desmond due to Desmond's links with the pornography industry, to which Blair replied "if someone is fit and proper to own one of the major national newspaper groups in the country then there is no reason why we would not accept donations from them".
Northern & Shell's business interests in pornography ended in April 2016 when Portland Television, established in 1995, the broadcaster of Television X and the Red Hot channels, was sold for under £1 million in a management buyout.
Desmond has often been referred to as "Richard 'Dirty' Desmond" or "Dirty Des" in ''Private Eye
''Private Eye'' is a British fortnightly satire, satirical and current affairs (news format), current affairs news magazine, founded in 1961. It is published in London and has been edited by Ian Hislop since 1986. The publication is widely r ...
'' magazine due to Northern & Shell formerly owning pornographic magazines and television channels.
In November 2021, ''The Guardian
''The Guardian'' is a British daily newspaper. It was founded in 1821 as ''The Manchester Guardian'', and changed its name in 1959. Along with its sister papers ''The Observer'' and ''The Guardian Weekly'', ''The Guardian'' is part of the Gu ...
'' reported that Desmond was upset at his Wikipedia
Wikipedia is a multilingual free online encyclopedia written and maintained by a community of volunteers, known as Wikipedians, through open collaboration and using a wiki-based editing system. Wikipedia is the largest and most-read refer ...
entry using the word "pornographer" and had instructed lawyers to get the term removed because, in his opinion, the phrase "only refers to publishers of illegal or obscene material".
Alleged involvement with New York mafia
According to ''The Guardian'', Desmond had made a deal in 1991 with Norman Chanes for running advertisements in his pornographic magazines for telephone sex lines run by Chanes' mafia associate, Richard Martino Richard Martino (born 1961) is a member of the New York Gambino crime family who was involved in Internet and phone scams that cost consumers $750 million. Martino introduced the Cosa Nostra into this area of crime. Biography
A major earner for th ...
of the Gambino crime family
The Gambino crime family (pronounced ) is an Italian-American Mafia crime family and one of the "Five Families" that dominate organized crime activities in New York City, United States, within the nationwide criminal phenomenon known as the Ame ...
.[John Sweene]
"Desmond's New York venture"
, ''The Observer'', 20 May 2001 According to the BBC, Martino was "widely reported" to be linked to the mafia, but Desmond did not know. The deal reportedly left the Americans out of pocket and after Desmond refused to pay compensation, his employee was kidnapped and assaulted in New York. Desmond called this account "a fantasy", but encouraged his employee to report the incident to the police and hire a bodyguard to protect himself.["Porn Star!"](_blank)
, BBC News, 9 June 2004 In February 2005, ''The Guardian'' reported that the claim Desmond had received death threats from the New York Gambino mafia family was contained in affidavits from FBI
The Federal Bureau of Investigation (FBI) is the domestic Intelligence agency, intelligence and Security agency, security service of the United States and its principal Federal law enforcement in the United States, federal law enforcement age ...
agents released during Martino's trial relating to the fraudulent use of the telephone lines. Desmond has denied the whole episode; he asserted there was no evidence he knew about the fraud perpetrated by Martino.
Express Newspapers
In November 2000, Northern & Shell acquired Express Newspapers
Northern & Shell (holding company name Northern and Shell Network Ltd) is a British publishing group, founded in December 1974 and owned since then by Richard Desmond. Formerly a publisher of pornographic magazines including '' Penthouse'' and ' ...
from United News & Media
UBM plc was a British business-to-business (B2B) events organiser headquartered in London, England, before its acquisition by Informa in 2018. It had a long history as a multinational media company. Its main focus was on B2B events, but its pr ...
for £125 million, enlarging the group to include the ''Daily
Daily or The Daily may refer to:
Journalism
* Daily newspaper, newspaper issued on five to seven day of most weeks
* ''The Daily'' (podcast), a podcast by ''The New York Times''
* ''The Daily'' (News Corporation), a defunct US-based iPad new ...
'' and ''Sunday Express
The ''Daily Express'' is a national daily United Kingdom middle-market newspaper printed in tabloid format. Published in London, it is the flagship of Express Newspapers, owned by publisher Reach plc. It was first published as a broadsheet i ...
'' titles, the '' Daily Star'' and ''Daily Star Sunday
The ''Daily Star Sunday'' is a weekly tabloid newspaper published in the United Kingdom. It was launched as a sister title to the ''Daily Star (United Kingdom), Daily Star'' on 15 September 2002.
The ''Daily Star Sunday'' is published by Expres ...
'' (which Desmond started), and the ''Irish Daily Star
The ''Irish Daily Star'' (formerly known simply as ''The Star'') is a tabloid newspaper published in Ireland by Reach plc, which owns the British '' Daily Star''.
The ''Irish Daily Star'' became known for its comprehensive in-depth coverage o ...
'' (owned jointly with the Irish Independent News & Media
Mediahuis Ireland (formally Independent News and Media (INM) )) is a media organisation that is based in Dublin and publishes national daily newspapers, Sunday newspapers, regional newspapers and operates multiple websites including Independent. ...
group). The ''Daily'' and ''Sunday Express'' each sell around 700,000 copies per issue.[ (December 2008)] The ''Daily Star'' was the only national paper to increase sales year on year with an 18% increase from September 2008 to September 2009 and circulation figures of around 850,000, largely due to aggressive pricing policies which significantly undercut competitors such as '' The Sun''.
After buying Express Newspapers, Desmond became embroiled in a feud with Viscount Rothermere
Viscount Rothermere, of Hemsted in the county of Kent, is a title in the Peerage of the United Kingdom. It was created in 1919 for the press lord Harold Harmsworth, 1st Baron Harmsworth. He had already been created a baronet, of Horsey in th ...
, publisher of the ''Daily Mail
The ''Daily Mail'' is a British daily middle-market tabloid newspaper and news websitePeter Wilb"Paul Dacre of the Daily Mail: The man who hates liberal Britain", ''New Statesman'', 19 December 2013 (online version: 2 January 2014) publish ...
'', the rival to the ''Daily Express'', largely derived from stories relating to Rothermere's private life.[ The '']Evening Herald
''The Herald'' is a nationwide mid-market tabloid newspaper headquartered in Dublin, Ireland, and published by Independent News & Media who are a subsidiary of Mediahuis. It is published Monday–Saturday. The newspaper was known as the ''Even ...
'' reported in 2003 that Desmond was using the ''Express'' as a vehicle for his racist views. Once, when asked if he was racist, he commented "No. I just don't trust darkies or poofs".[
In 2014 the '']Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nik ...
'' referred to the Desmond-owned ''Express'' running "apparently repetitive coverage of immigration, freak weather events and theories about the death of Diana, Princess of Wales." Commenting at the Leveson Inquiry in January 2012, Desmond said: "There has been speculation that Diana was killed by the royal family ..The speculation has gone on and on. I don’t know the answer." ''The Times
''The Times'' is a British daily national newspaper based in London. It began in 1785 under the title ''The Daily Universal Register'', adopting its current name on 1 January 1788. ''The Times'' and its sister paper ''The Sunday Times'' (fou ...
'' reported his newspapers had repeatedly published such claims. For its defamatory articles covering the disappearance of Madeleine McCann
Madeleine Beth McCann (born 12 May 2003) is a British missing person who disappeared from her bed in a holiday apartment in Praia da Luz, Portugal, on the evening of 3 May 2007, at the age of 3. '' The Daily Telegraph'' described the disappear ...
, which numbered a hundred, the ''Express'' paid damages of £550,000 to the toddler's parents in 2008. However, in his appearance at the Leveson Inquiry, Desmond said the ''Express'' had been "scapegoated" by the Press Complaints Commission
The Press Complaints Commission (PCC) was a voluntary regulatory body for British printed newspapers and magazines, consisting of representatives of the major publishers. The PCC closed on Monday 8 September 2014, and was replaced by the Inde ...
(PCC), who had "failed to provide us with any guidance" and were thus implicitly responsible for the defamatory articles. According to Desmond, the PCC was a "useless organisation run by people who wanted tea and biscuits and by phone hackers; it was run by people who wanted to destroy us." In 2015, when asked in a BBC interview if he regretted the ''Express''s coverage of McCann's disappearance, he said: "No, I think we reported it very fairly."
In April 2004, the ''Daily Express'' reverted to supporting the Conservatives
Conservatism is a cultural, social, and political philosophy that seeks to promote and to preserve traditional institutions, practices, and values. The central tenets of conservatism may vary in relation to the culture and civilization in ...
, after a period backing Labour. On the same day, Desmond attacked ''The Daily Telegraph
''The Daily Telegraph'', known online and elsewhere as ''The Telegraph'', is a national British daily broadsheet newspaper published in London by Telegraph Media Group and distributed across the United Kingdom and internationally.
It was fo ...
'' (with which he was a joint venture partner in the West Ferry newspaper printing plant), then considering accepting a takeover by the German Axel Springer
Axel Cäsar Springer (2 May 1912 – 22 September 1985) was a German publisher and founder of what is now Axel Springer SE, the largest media publishing firm in Europe. By the early 1960s his print titles dominated the West German daily press ma ...
group, and asked if they were keen on being run by Nazis
Nazism ( ; german: Nazismus), the common name in English for National Socialism (german: Nationalsozialismus, ), is the far-right totalitarian political ideology and practices associated with Adolf Hitler and the Nazi Party (NSDAP) in Na ...
. According to Desmond, in an exchange at the meeting, all Germans are Nazis. Desmond reportedly harangued ''The Daily Telegraph'' chief executive and associates in faux German at a business meeting and imitated Adolf Hitler
Adolf Hitler (; 20 April 188930 April 1945) was an Austrian-born German politician who was dictator of Nazi Germany, Germany from 1933 until Death of Adolf Hitler, his death in 1945. Adolf Hitler's rise to power, He rose to power as the le ...
. The Telegraph executives walked out of the meeting. This incident was described as a form of institutionalised racism
Institutional racism, also known as systemic racism, is a form of racism that is embedded in the laws and regulations of a society or an organization. It manifests as discrimination in areas such as criminal justice, employment, housing, healt ...
prevalent among newspaper proprietors. Previously, in August 2001, the National Union of Journalists
The National Union of Journalists (NUJ) is a trade union for journalists in the United Kingdom and Ireland. It was founded in 1907 and has 38,000 members. It is a member of the International Federation of Journalists (IFJ).
Structure
There is ...
' chapel at the ''Express & Star
The ''Express & Star'' is a regional evening newspaper in Britain. Founded in 1889, it is based in Wolverhampton, England, and covers the West Midlands county and Staffordshire.
Currently edited by Martin Wright, the ''Express & Star'' publish ...
'' also condemned Desmond for the newspaper's "hysterical and racist" campaign against asylum seekers
An asylum seeker is a person who leaves their country of residence, enters another country and applies for asylum (i.e., international protection) in that other country. An asylum seeker is an immigrant who has been forcibly displaced and mi ...
; this campaign was also criticised by Yasmin Alibhai-Brown
Yasmin Alibhai-Brown (''née'' Damji; born 10 December 1949) is a British journalist and author, who describes herself as "a leftie liberal, anti-racist, feminist, Muslim...person". A regular columnist for the ''i '' newspaper and the ''Eveni ...
, writing for ''The Independent
''The Independent'' is a British online newspaper. It was established in 1986 as a national morning printed paper. Nicknamed the ''Indy'', it began as a broadsheet and changed to tabloid format in 2003. The last printed edition was publis ...
'' in June 2002.
In August 2005, the former executive editor of the ''Daily Express'', Ted Young, made an out-of-court settlement with Desmond's company ahead of an industrial tribunal. This related to an incident with Desmond in the newsroom in September 2004, during which Desmond was said to have hit the journalist. Desmond has repeatedly denied the claims.
In 2008, Northern & Shell reported a turnover of £483.9 million.
Libel case
Litigation began at the High Court on 6 July 2009 over claims in journalist Tom Bower
Thomas Michael Bower (born 28 September 1946) is a British writer and former BBC journalist and television producer. He is known for his investigative journalism and for his unauthorised biographies, often of business tycoons and newspaper pr ...
's joint biography of Conrad Black and Barbara Amiel
Barbara Joan Estelle Amiel, Baroness Black of Crossharbour, DSS (born 4 December 1940), is a British-Canadian conservative journalist, writer, and socialite. She is married to former media proprietor Conrad Black.
Early life and career
Amiel wa ...
, '' Conrad and Lady Black: Dancing on the Edge'', that Desmond had made a "humiliating climbdown" over an ''Express'' story at the end of 2002 on the state of Lord Black's finances, which it was alleged Desmond had ordered to be written.
This claim of a weakening of Desmond's "super-tough" reputation as a businessman was viewed as defamation by Desmond. Bower denied libel on the grounds of the story being "substantially true". The following day, the presiding judge The Hon. Mr Justice Eady, discharged the jury as "fundamental" evidence and legal submissions had emerged. The new jury later found in favour of Bower.
A biography of Desmond, ''Rough Trader'', was written by Bower and printed in 2006, but still awaits publication.
Developments since 2010
In July 2010, Desmond bought the UK terrestrial-television channel Channel 5, which was losing money, from RTL Group
RTL Group (for "Radio Television Luxembourg") is a Luxembourg-based international media conglomerate, with another corporate centre in Cologne, Germany. The company operates 68 television channels and 31 radio stations in Germany, France and ...
, for £103.5 million. "Never before", wrote Tom Bower in ''The Guardian'' at the time, "has a government regulator (Ofcom) lowered the threshold for the suitability of the prospective owner of a TV channel enough for someone like Desmond to control a potentially lucrative franchise".
In the year before Desmond acquired Channel 5, it had made a total loss of €41m (£37m), or a €9m loss at an operating level. The new owner immediately proceeded to cut costs, starting with the dismissal of seven of Channel 5's nine directors, beginning a drive to eliminate "£20m of yearly expenses". The stated plan included the dismissal of up to 80 of the network's 300 employees. Desmond also significantly increased the programming budget. In the first full year of Desmond's ownership, the broadcaster saw a 28% surge in revenue - the biggest TV advertising haul in its 14-year history - "thanks to factors including the arrival of Big Brother and the return of a major media buying contract with Aegis". He sold Channel 5 to Viacom Viacom, an abbreviation of Video and Audio Communications, may refer to:
* Viacom (1952–2006), a former American media conglomerate
* Viacom (2005–2019), a former company spun off from the original Viacom
* Viacom18, a joint venture between Par ...
for £463m in May 2014.
By December 2010, his privately owned publishing venture employed more than 2,000 people internationally, according to Desmond.
In 2010, Desmond was ranked the equal-57th richest man in Britain by '' ''The Sunday Times'' Rich List'', with a net worth of £950 million. In 2014, he was ranked 78th and worth £1.2 billion. In 2016, ''Forbes
''Forbes'' () is an American business magazine owned by Integrated Whale Media Investments and the Forbes family. Published eight times a year, it features articles on finance, industry, investing, and marketing topics. ''Forbes'' also re ...
'' estimated his fortune at close to $1.49 billion, while the 2016 ''Sunday Times'' Rich List reported his net worth at £2.25 billion. According to the ''Sunday Times'' Rich List in 2019, Desmond has a net worth of £2.6 billion falling to £2bn in 2020.
Express Newspapers
Northern & Shell (holding company name Northern and Shell Network Ltd) is a British publishing group, founded in December 1974 and owned since then by Richard Desmond. Formerly a publisher of pornographic magazines including '' Penthouse'' and ' ...
was sold to Reach plc (formerly Trinity Mirror) in 2018 for £200m, of which £74m was invested in the Express newspapers pension scheme until 2027.
In 2020, Robert Jenrick
Robert Edward Jenrick (born 9 January 1982) is a British politician serving as Minister of State for Immigration since October 2022. He served as Minister of State for Health from September to October 2022. He served as Secretary of State fo ...
, , accepted that his approval of a £1 billion luxury housing development on Westferry Road, Isle of Dogs
The Isle of Dogs is a large peninsula bounded on three sides by a large meander in the River Thames in East London, England, which includes the Cubitt Town, Millwall and Canary Wharf districts. The area was historically part of the Manor, Ha ...
, proposed by Desmond, had been unlawful. Desmond sent Jenrick a text message after meeting him at a fundraising dinner stating "We don’t want to give Marxists loads of doe icfor nothing!" referring to money which would be owed to Tower Hamlets
The London Borough of Tower Hamlets is a London borough covering much of the traditional East End. It was formed in 1965 from the merger of the former metropolitan boroughs of Stepney, Poplar, and Bethnal Green. 'Tower Hamlets' was originally ...
Council to pay for infrastructure improvements. Jenrick's approval, which was against the advice of the planning inspector, met a deadline which would have saved Desmond £40m. Additionally, the scheme proposed by Desmond only provided 21% affordable housing compared to the minimum target of 35%, which Tower Hamlets Council estimate would have saved Desmond up to £106m. Desmond, whose company had donated to the Conservative Party in 2017,[ made a further personal donation to the party shortly after the approval was given. The Conservative Party Chairman subsequently apologised to members of the 1922 Committee for having allowed Desmond to sit next to Jenrick and allowing Desmond to lobby him.
]
Charity work
In 2003, Desmond and Roger Daltrey
Roger Harry Daltrey (born 1 March 1944) is an English singer, musician and actor. He is a co-founder and the lead singer of the Rock music, rock band The Who.
Daltrey's hit songs with The Who include "My Generation", "Pinball Wizard", "Won't Ge ...
formed the RD Crusaders
The RD Crusaders is a super group band created by The Who's Roger Daltrey and newspaper publisher Richard Desmond in 2003. The group has raised several million in funds for charities including Teenage Cancer Trust and Norwood.
Their lineup vari ...
, a rock group featuring Desmond on drums, to raise money for charitable causes. Desmond became president of the UK Jewish charity Norwood in 2006. He also donated £2.5m to the £15m children's centre at Moorfields Eye Hospital
Moorfields Eye Hospital is a specialist NHS eye hospital in Finsbury in the London Borough of Islington in London, England run by Moorfields Eye Hospital NHS Foundation Trust. Together with the UCL Institute of Ophthalmology, which is adjacen ...
and his name was attached to it.
Political activity
In December 2014, during the run-up to the 2015 general election, Desmond was reported to have agreed to donate £300,000 to the UK Independence Party
The UK Independence Party (UKIP; ) is a Eurosceptic, right-wing populist political party in the United Kingdom. The party reached its greatest level of success in the mid-2010s, when it gained two members of Parliament and was the largest par ...
. There was speculation at the time that a further donation could follow, and in April 2015 it was announced that he had given an additional £1 million to the party.
The Health Lottery
In October 2011, Desmond's company Northern and Shell
Northern may refer to the following:
Geography
* North, a point in direction
* Northern Europe, the northern part or region of Europe
* Northern Highland, a region of Wisconsin, United States
* Northern Province, Sri Lanka
* Northern Range, a r ...
launched the Health Lottery, of which around 20% of turnover goes to charity. The grants, distributed by the People's Health Trust (PHT), help many good causes and the elderly in local communities across the UK. It supports local health causes throughout England, Scotland and Wales. The Health Lottery was to return 20.34p per £1 lottery ticket to good causes, which was compared unfavourably with the National Lottery donating 28p per £1 ticket. Sir Stephen Bubb
Sir Stephen John Limrick Bubb JP FRSA (born 5 November 1952DebrettsSir Stephen Bubb, JP/ref>) is Director of Charity Futures, and the Acting Director of the Oxford Institute of Charity. He was Chief Executive of the UK charity leaders representa ...
, then chief executive of the Association of Chief Executives of Voluntary Organisations, accused Desmond of "profiteering on the back of charities". In July 2020 it was announced that the proceeds given to charity was to increase to 25%. In November 2019, Desmond announced his intention to bid for the National Lottery licence when it came up for renewal at the end of the year.
Personal life
Desmond and Janet Robertson were married for 27 years; the couple have a son, Robert. In October 2010, Janet divorced him and Desmond subsequently married Joy Canfield, a former manager for British Airways, in 2012. Joy was pregnant with Desmond's child when Janet divorced him. The couple have two children; daughter Angel Millie (born 2011) and a son, Valentine (born 2015).
The tycoon's autobiography, ''The Real Deal: The Autobiography of Britain's Most Controversial Media Mogul'', was published in June 2015 by Random House
Random House is an American book publisher and the largest general-interest paperback publisher in the world. The company has several independently managed subsidiaries around the world. It is part of Penguin Random House, which is owned by Germ ...
. It was ghost-written by ''Sunday Express'' editor Martin Townsend. He also provided his voice for the audiobook version. The autobiography received a five-star review in the Desmond-owned ''Daily Express''.[Aitkenhead, Decca (19 June 2015)]
"Richard Desmond: 'I hate to admit this, but I've never actually hit anyone'"
. ''The Guardian'' (London).
References
External links
*
Northern & Shell company website
*
{{DEFAULTSORT:Desmond, Richard
1951 births
Living people
20th-century British newspaper publishers (people)
Adult magazine publishers (people)
British mass media owners
Businesspeople from London
Channel 5 (British TV channel)
Conservative Party (UK) donors
English autobiographers
English billionaires
English people of Latvian-Jewish descent
English people of Ukrainian-Jewish descent
English pornographers
English Jews
Northern & Shell
Penthouse (magazine) people
People educated at Christ's College, Finchley
People from Hampstead
UK Independence Party donors