Would you be surprised if we told you that Doug Richard is an entrepreneur that has not only received an award from the Queen of England but also faced courtroom charges for embarrassing conduct? Well, it’s true.
Doug Richard’s life is one for the books. Not only has the man become a multimillionaire, but he has also gone through a series of ups and downs in his career and personal life as well.
This article will further venture into exploring more about Doug Richard, his early life, career growth, and the kind of net worth he has acquired under his name.
Doug Richard was born on May 06, 1958, in Buffalo, New York. He spent the majority of his life growing up in New York, which is where his parents were based.
However, Doug later relocated to the United Kingdom in the late 1970s to pursue further degrees and higher education in the field.
He attended the prestigious California Institute of Technology, where he obtained a degree in Psychology. Subsequently, he earned a doctorate in Law in 1985 but we don’t have much information about the niche or specialization.
Doug hasn’t revealed much about his parents or even his early childhood since he prefers keeping that side of his life out of the media.
Doug is a family man and he has been married to his wife, Caroline for years now. The couple are parents to three children.
Besides his married and family life, Doug has also been accounted with child sex charges, much of which isn’t known publicly.
Following completing his graduation and his Doctorate, Doug was all set to make a huge impact with his entrepreneurial journey, which is when he launched his first brand, ITAL Computers.
Once he acquired a good footing, he relocated to Cambridge, which is when he started to explore angel investing. However, his entrepreneurial spirit led him to embark on a journey of building his businesses. In the 1980s, Richard co-founded Micrografx, a graphics software company that achieved significant success and went public in 1990.
In the early 2000s, Richard continued his entrepreneurial journey by co-founding Library House, a company focused on providing information and data about the European technology industry. His efforts in supporting and nurturing startups earned him recognition as a prominent figure in the tech startup ecosystem.
He is also the founder of a company named Cambridge Angels, an angel investment firm that focuses on investing in companies in the tech industry. Furthermore, Doug has also appeared on Dragon’s Den, which has enabled him to partner with different companies.
With his extensive investments and business ventures, Doug has amassed an impressive net worth of $75 million. His strategies and early start to his career have helped him gain traction in his career and have made him a multimillionaire as well. His times on Dragon’s Den and his investments in certain companies have paid off well for him too.
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