Doug Barrowman Net Worth: What is Doug Barrowman’s Net Worth?

Dough Barrowman is a well-accomplished Scottish businessman, who was born on 1, March 1965  and worked for 3i, a private equity firm. He established Aston Ventures in 1999 and later founded The Knox Group of Companies, which held Aston Ventures. Additionally, Barrowman served as a director of Aston Management Ltd (AML), which offered independent contractors offshore lending programs and tax guidance. After the UK government used the Loan Charge mechanism to collect unpaid taxes from 50,000 scheme participants, AML came under fire. Barrowman was a co-founder of the KHG Private Equity Fund in 2011. In 2017, Barrowman developed Aston Plaza and Residences in Dubai and took on the role of acting chairman of Ve Interactive.

During the COVID-19 epidemic, he was paid £45.8 million from £200 million in government contracts. Barrowman attended Glasgow University and graduated with a Bachelor of Accountancy degree. He worked for 3i, a private equity fund, and later founded Aston Ventures. In 2008, he moved to the Isle of Man and founded The Knox Group of Companies, which included Aston Ventures. The group faced scrutiny for its involvement in offshore loan schemes, and Barrowman co-founded the KHG Private Equity Fund in 2011. Financial Provisions Solutions went into voluntary liquidation in 2019, causing losses for Army veterans.

Barrowman served as the interim chairman of Ve Interactive in 2017 and was involved in the launch of Aston Plaza and Residences in Dubai. The Guardian's articles in 2020 and November 2022 detailed Barrowman and Mone's involvement in lobbying for government PPE contracts, resulting in financial gains.

Doug Barrowman Net Worth: What is Doug Barrowman's Net Worth?

Doug Barrowman has amassed a substantial fortune from his investments mainly to his numerous businesses. As of 2024, his estimated net worth is projected to be $5 million.

Doug Barrowman and his wife Baroness Mone were accused of secretly receiving £45.8 million in payments from government PPE contracts during the COVID-19 pandemic. Barrowman denied any wrongdoing and clarified that he led a consortium that secured UK PPE contracts. He admitted that profits were placed in a Trust for potential future benefits. Barrowman and Mone's involvement in lobbying for PPE contracts led to financial gains.

 

Source: DKlassgh.net