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David RossEnglish entrepreneur, businessman, billionaire
Date of Birth: 01.01.1966
Country:  Great Britain |
Content:
- David Ross: The Billionaire Founder of Carphone Warehouse
- The Founding of Carphone Warehouse
- Expansion and Acquisitions
- Current Status
David Ross: The Billionaire Founder of Carphone Warehouse
Early Life and CareerDavid Ross, a renowned British entrepreneur and businessman, was born in the United Kingdom. Prior to co-founding Carphone Warehouse with fellow billionaire Charles Dunstone, Ross gained valuable experience and market insights through various roles, including an accounting position within a company.
The Founding of Carphone Warehouse
In 1989, Ross established Carphone Warehouse as a modest venture focused on selling mobile phones. Over time, the company transformed into a thriving and lucrative enterprise, becoming one of the most prominent in the United Kingdom. Today, Carphone Warehouse Group PLC boasts an extensive network of over 2,000 mobile phone stores not only across England but also in other European nations, where they operate under the name "The Phone House."
Expansion and Acquisitions
Carphone Warehouse has strategically acquired numerous companies throughout its history, significantly contributing to its overall growth and revenue streams. One notable acquisition occurred on October 10, 2006, when the company purchased a portion of AOL UK. This acquisition propelled Carphone Warehouse Group PLC into becoming the third-largest provider of broadband products and services, with a customer base exceeding two million.
Current Status
Carphone Warehouse Group PLC presently comprises multiple divisions, including a telecommunications arm known as TalkTalk and Opal Telecom. Ross, who holds an estimated net worth of $1.4 billion, is currently ranked among the most affluent and influential individuals worldwide according to Forbes magazine. He resides in London and has a single heir.
