Simon Jordan Net Worth 2024

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About Simon Jordan Net Worth 

Simon Jordan, an English entrepreneur, amassed his wealth in the mobile phone industry. In 2000, he acquired Crystal Palace Football Club and served as its chairman until the club faced administration in early 2010. In 2002, he co-founded and financially backed the car magazine Octane, eventually selling his 50% ownership stake in 2006. He ventured into the restaurant business in 2006, launching Club Bar and Dining on Warwick Street in London. In 2010, he sold the restaurant to the Ottolenghi Group, who renamed it Nopi.

Simon Jordan, born on September 24, 1967, in Thornton, United Kingdom, at the age of 55. He was the son of Peter Jordan. During his youth, Simon Jordan displayed promising talent in football, signing schoolboy forms with both Chelsea and Crystal Palace. He described himself as having the skills to become a professional footballer but lacked the necessary dedication. Although he had considerable talent, his heart wasn’t in it. This period of his life coincided with his attendance at Purley High School for Boys in Old Coulsdon. His father, Peter Jordan, had played for Crystal Palace F.C., although he never played for the first team.

In the late 1980s or early 1990s, a friend named James Wright invited Simon Jordan to join him in a business venture, Wright Connections, which involved selling mobile phones through advertisements in publications like Loot and Exchange and Mart. Jordan and Wright initially rented an office space from Delta 5, another mobile phone dealer. This business went through several name changes, ultimately becoming Corporate Cellular Ltd (CCL). However, it wasn’t particularly successful, and Jordan departed in the early 1990s. In 1994, he and Andrew Briggs established their mobile phone retail company called the Pocket Phone Shop. They launched the business with £30,000 and a 3,500 sq ft unit in Slough. Following an agreement with service provider Astec, their business thrived. By the year 2000, the Pocket Phone Shop had expanded to 208 outlets nationwide, employed 1,100 staff, and anticipated a turnover of £102 million for the 1999/00 financial year. It was considered one of the primary competitors in its industry, rivalling The Carphone Warehouse, where both Jordan and Briggs had previously worked before starting their venture. During its peak, the Pocket Phone Shop enlisted the services of Ulrika Jonsson to promote its new store openings. However, a legal dispute arose when Jordan sued Jonsson, alleging that she had not fulfilled her promotional obligations. The outcome of this legal action is not known.

Simon Jordan Net Worth 

Simon Jordan has an estimated net worth of up to $100 million.

Simon Jordan’s estimated net worth is approximately $100 million, primarily derived from his various private businesses. He ranks among the wealthiest individuals in the United Kingdom. However, in 2012, Jordan stated that he had “squandered” his £75 million fortune, with a substantial £40 million lost in his investment in Crystal Palace. On March 21, 2018, around 13:00 GMT, Jordan experienced a robbery in which his £100,000 watch was stolen during a gunpoint incident in Croydon, South London.  

Simon Jordan Biography 

Simon Jordan is currently in a relationship with businesswoman and broadcaster Michelle Dewberry. In July 2020, the couple welcomed a baby boy. Jordan has split his time between Marbella and London. However, back in January 2006, reports from the Daily Mirror’s website indicated that Jordan had purchased a £100,000 Porsche as a Christmas gift for his then-girlfriend Meg Mathews, who was the former spouse of Oasis guitarist Noel Gallagher. He also included a personalized number plate. The couple had been together since July 2005.

Nonetheless, in March 2006, Jordan revealed details about the end of this relationship. He acknowledged that Mathews had initiated the breakup and criticized the News of the World, which had reported that he had “ditched Mathews” the week before. Jordan addressed this matter in his Observer column, stating that “the piece belittled someone who has been very important to me over the last nine months.”

In October 2006, a woman named Tara Stout was found guilty of harassing Jordan, leading to the issuance of a restraining order. Jordan has a daughter named Cameron with his former partner Suzi Walker, born in January 2008.

Simon Jordan gained a reputation as a manager-dismissing owner early in his ownership of Palace. However, this changed as his tenure progressed. Between 2000 and 2003, five managers left their posts: Steve Coppell (August 2000), Alan Smith (April 2001), Steve Bruce (November 2001), Trevor Francis (April 2003), and Steve Kember (November 2003). Of these, only Coppell and Bruce left voluntarily, with Coppell’s departure being due to a personality clash and Bruce’s resignation leading to a High Court case.

Iain Dowie was appointed in December 2003, and under his leadership, the club moved up from the relegation zone to secure promotion in May 2004. They defeated West Ham United at Cardiff’s Millennium Stadium in the play-off final, fulfilling Jordan’s promise of promotion within five years.

However, the club remained in the Premier League for just one season before narrowly suffering relegation in 2005. In May 2006, after acknowledging differences but a shared goal between Dowie and Jordan, Dowie left the club through mutual consent. Later that month, Dowie joined Charlton Athletic as their new manager, prompting Jordan to file a legal lawsuit against him, claiming Dowie had lied about his reasons for leaving.

Peter Taylor, a former Palace player, took the helm on June 13, 2006. However, his tenure lasted just 16 months, concluding with his dismissal on October 8, 2007. Jordan expressed his desire for Taylor to be remembered as a good player for Palace rather than as a poor manager. On October 11, during a press conference, he introduced Neil Warnock as the new manager, a decision that didn’t come as a surprise since the two were reported to be close friends.

The club experienced a remarkable run of form, propelling them from the relegation zone into the play-offs for the 2007-08 season. However, the relationship between Jordan and Warnock soured, and it ended in a dispute after Warnock left the club to join Queens Park Rangers following Palace’s entry into administration.

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