Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Business

Lord Sugar Invests in The Apprentice Winner’s Business

by June 21, 2024
June 21, 2024
Lord Sugar Invests in The Apprentice Winner’s Business

Lord Alan Sugar has officially invested in R Nation, the company run by Rachel Woolford, the latest winner of BBC One’s The Apprentice. Woolford secured the £250,000 investment after defeating Phil Turner in the show’s final, which aired in April.

According to documents filed with Companies House, Lord Sugar’s investment firm, Amsvest Limited, has acquired up to a 50% stake in R Nation. Additionally, Lord Sugar (pictured with his with Lady Ann Sugar) joined the business as a director on June 17.

R Nation, established in 2019 and based in Loughton, operates a gym in Leeds. However, the company has yet to turn a profit. In 2023, it reported a loss of £336,346, following a similar financial performance in 2022 when it owed £288,409. The filings indicate that most of the expenses were attributed to equipment costs.

Despite the financial challenges, Lord Sugar’s investment and direct involvement could provide the necessary support to steer the company towards profitability.

Earlier this year, The Sunday Times Rich List estimated Lord Alan Sugar’s net worth at £1.082 billion, ranking him 159th, up from 165th the previous year. Known for founding Amstrad, a British consumer electronics company, Sugar made his fortune primarily through property investments.

While The Apprentice experienced a drop of 1.2 million viewers during its February launch this year, the show remains a significant platform for aspiring entrepreneurs. The series, which has been a staple on BBC since 2005, once attracted peak viewership of 6.8 million.

Lord Sugar’s latest investment in R Nation underscores his continued commitment to supporting emerging business talent and fostering entrepreneurial growth through The Apprentice.

Read more:
Lord Sugar Invests in The Apprentice Winner’s Business

0
FacebookTwitterGoogle +Pinterest
previous post
Sir Jim Ratcliffe Criticises Labour’s Energy Plans Despite Backing Starmer
next post
Gilead’s Game-Changer: What You Need to Know About the Stock

You may also like

Over half of CEOs admit their businesses are...

July 8, 2024

Top 10 Features a Modern Cryptocurrency Exchange Should...

April 7, 2025

UK shop price inflation falls to three-year low...

October 30, 2024

Abu Dhabi Sovereign Wealth Fund in Talks for...

February 21, 2024

Top Tips for Selecting a Marketing Agency

April 3, 2024

SME lending review launched amid stubbornly high debt...

March 14, 2025

Meta and Microsoft add $500bn in value overnight...

August 1, 2025

Cryptocurrency Payment Methods in Online Casinos: Benefits and...

May 26, 2023

Government risks £30bn financial black hole without net...

November 23, 2022

The Advantages of Playing Live Casino Games

June 21, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • XRP price prediction hits new highs, GMO Miner helps you earn $6,800 a day

      August 28, 2025
    • West End retailers lose £310m from VAT-free shopping ban in first half of year

      August 28, 2025
    • Dollar slips as Trump moves to sack Fed governor Lisa Cook in unprecedented clash over central bank independence

      August 28, 2025
    • CDC Director Susan Monarez refuses to be fired as other officials call it quits

      August 28, 2025
    • Bill Gates met with Trump to talk ‘importance of US global health programs and health research’: spox

      August 28, 2025
    • Trump asks SCOTUS to uphold freeze on billions in USAID payments

      August 27, 2025

    Categories

    • Business (8,900)
    • Investing (2,246)
    • Politics (16,503)
    • Stocks (3,228)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved