Michelle Mone Net Worth, Bio, Age, Husband, Family, Career & More (2025)

Michelle Mone, Baroness Mone of Mayfair, is a Scottish businesswoman, entrepreneur, and politician widely recognized for founding the lingerie brand Ultimo. Known for her inspiring rags-to-riches story, she became one of the UK’s most successful female entrepreneurs and later entered the House of Lords as a Conservative life peer. Over the years, Michelle Mone has been celebrated for her entrepreneurial achievements while also being the subject of significant media attention.

Michelle MoneDetails
Profession / OccupationBusinesswoman, Entrepreneur, Politician
Birth DateOctober 8, 1971
Age (2025)54 years old
Birth PlaceDennistoun, Glasgow, Scotland
NationalityBritish
Famous ForFounder of Ultimo lingerie brand, Conservative Life Peer
Known ForEntrepreneurship, House of Lords membership
EthnicityWhite
Zodiac SignLibra
Height & Weight5 ft 9 in (175 cm), approx. 65 kg
Hair ColorBlonde
Eye ColorBlue
EducationLeft school at 15, later studied part-time business courses
ReligionChristian
Marital Status / SpouseMarried to Doug Barrowman (2019–present)
Children3 (Rebecca, Declan, Bethany)
RelativesNot publicly detailed
HobbiesFitness, fashion, philanthropy
Employer / OrganizationUltimo (Founder, former CEO)
Years Active1996–present
Net Worth (Estimated)£20 million–£30 million (as of 2025)

Early Life & Education

Michelle Georgina Mone was born on October 8, 1971, in Glasgow, Scotland, and grew up in a working-class family in the East End. She left school at the age of 15 without qualifications, taking on various jobs to help support her family. Despite her early exit from formal education, she displayed entrepreneurial spirit from a young age and later studied part-time business courses to sharpen her skills.

Career Journey

Early Career

Michelle started her professional journey as a model and later worked in marketing for a brewing company. However, she soon realized her passion lay in business.

Founding Ultimo

In 1996, Mone founded MJM International Ltd., launching the Ultimo lingerie brand. Ultimo became internationally recognized for its innovative designs and celebrity endorsements, gaining popularity in the UK and beyond.

Business Expansion

Ultimo’s success led Michelle to become one of the UK’s leading female entrepreneurs. She expanded her ventures into fashion, interiors, and beauty, establishing herself as a respected brand builder.

Political Career

In 2015, Michelle Mone was made a life peer in the House of Lords as Baroness Mone of Mayfair, representing the Conservative Party. She has since been involved in political, entrepreneurial, and mentoring initiatives.

Personal Life

Michelle Mone was previously married to Michael Mone, with whom she had three children: Rebecca, Declan, and Bethany. The couple divorced in 2011. In 2019, she married Doug Barrowman, a businessman and investor. Michelle is passionate about fitness, philanthropy, and supporting young entrepreneurs.

Awards & Achievements

  • Awarded OBE (Order of the British Empire) for services to business (2010)
  • Named one of the UK’s most influential businesswomen by several publications
  • Honorary doctorates from multiple UK universities
  • Peerage as Baroness Mone of Mayfair (2015)

Physical Statistics

AttributeDetails
Height5 ft 9 in (175 cm)
WeightApprox. 65 kg (143 lbs)
Hair ColorBlonde
Eye ColorBlue
Body TypeSlim
Shoe Size8 (US)

Quotes

  1. “I believe anyone can achieve success if they work hard, stay determined, and never give up.”
  2. “Failure is only a stepping stone to success.”
  3. “Entrepreneurship is about turning ideas into reality and never letting fear hold you back.”

Controversies

Michelle Mone has been involved in several controversies, including political debates over her Conservative Party appointment, business disputes, and allegations regarding government contracts during the COVID-19 pandemic. These controversies have received widespread media coverage in the UK.

Salary & Net Worth

As of 2025, Michelle Mone’s estimated net worth is between £20 million and £30 million, largely accumulated from her lingerie empire, investments, and public speaking engagements. Her salary from political activities is standard for members of the House of Lords, but her wealth primarily comes from private business ventures.

Interesting Facts

  • Left school at just 15 years old but went on to become a multi-millionaire.
  • Once modeled for Scottish newspapers before starting her business career.
  • Has launched skincare and interior design ventures apart from fashion.
  • Passionate about mentoring young entrepreneurs, especially women.

Social Media Links

Frequently Asked Questions (FAQs)

1. Who is Michelle Mone?
Michelle Mone is a Scottish entrepreneur, Baroness, and founder of the Ultimo lingerie brand.

2. What is Michelle Mone famous for?
She is best known for creating Ultimo and for serving as a Conservative life peer in the House of Lords.

3. How old is Michelle Mone in 2025?
She is 54 years old.

4. Who is Michelle Mone’s husband?
Michelle Mone is married to Doug Barrowman, a businessman.

5. What is Michelle Mone’s net worth in 2025?
Her estimated net worth is £20–30 million.

6. How many children does Michelle Mone have?
She has three children: Rebecca, Declan, and Bethany.

Conclusion

Michelle Mone’s journey from Glasgow’s East End to becoming a multi-millionaire entrepreneur and Baroness is nothing short of inspiring. Despite challenges and controversies, she remains one of the UK’s most recognized businesswomen. Her story is a testament to perseverance, innovation, and resilience.

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