Hilary Lorraine Devey CBE (née Brewster; 10 March 1957 – 11 June 2022) was an English businesswoman, television presenter, television personality, and entrepreneur. She was most known for her position on BBC Two’s Dragons’ Den until she left to present the Channel 4 series The Intern.
Early Years of Life
Devey was still a child when she had no choice but to see her family’s horrible bankruptcy experience. But, as a result of that encounter, she became more motivated than ever to achieve. She was inspired to start her first business while working at the Women’s Royal Air Force’s air traffic control. She gained her first fortune by presenting Pall-EX, a freight network, to the market before becoming recognized for her roles on the BBC’s “Two episode Dragons’ Den” and the Chanel 4 series of “The Intern.”
This was part of the Palletline Company’s patent for a palletized network, which was filed in 1992. This investment brought her more than $70 million per year because it swiftly extended over three networks spanning the entire Lancashire region. She had time to grow into the TV presenting sector after allowing the above-mentioned invention to work in her favor. Her expertise was recognized on television shows such as “Channel 4’s Secret Millionaire,” where she stood out thanks to a $350,000 gift, and “Business Inspector,” a Channel 5 program that allowed small businesses to benefit from her unique knowledge and leadership guidance.
This woman “made her foot itch,” as she put it, resulting in immediate national and international recognition, as evidenced by her award in 2008 for “Vitalise Woman of the Year” and an honorary degree from the University of Law in Leicester, revealing her lifelong commitment to assisting those in need in the never-ending fight against bankruptcy. She was also awarded the CBE in 2013 for her contributions to the transport business and philanthropy.
Hilary Devey’s Net Worth
Hilary Devey has an estimated Net Worth of $80 Million. She is an English entrepreneur and TV personality. She has amassed wealth as a result of her ability to spot fresh opportunities and successfully mix business with celebrity status on television. She began her education at Bolton School in her hometown of Bolton, Lancashire, where she was born on March 10, 1957.
What Was Hilary Devey’s Source of Income?
Pall-Ex was founded by Devey in 1996 after she reportedly sold her car and home to fund the operation. Pall-Ex quickly grew into a successful company, handling 8,000 palletized consignments per day in its Leicestershire center and generating annual revenues of £59.947 million.
Devey went on to build a reputation for herself as a television personality after her business success. The business mogul from Bolton was featured on the hit TV show The Secret Millionaire in 2008.
Hilary Devey Receives Tribute from Other Dragons Den Stars
Duncan Bannatyne, another Dragons’ Den star, paid tribute to Hilary Devey on Twitter, writing: “Sad to hear that @HilaryDevey has gone.” So inexperienced. Too inexperienced. Hilary, may you rest in peace. X”
Former Dragon’s Den co-star Theo Paphitis paid tribute to Devey, saying she “leave [them] with some amazing memories.” Deborah Meaden paid tribute to her as well, calling her “special in every sense” and that she “added grit and love into the den.”
Ed Devey, Malcolm Sharples, and Philip Childs were among Hilary’s husbands. Melvin Brewster-Ahmet, her 35-year-old son, is her only surviving child.
Death of Hilary Devey
According to her agency, Hilary Devey, a former Dragons’ Den star, died at the age of 65. The socialite and entrepreneur died in Morocco on Saturday after a long illness. She was awarded an OBE in 2013 for her contributions to the transport industry and charity. In addition to participating in Dragons’ Den, she also hosted the Channel 4 series The Intern. After suffering a stroke herself in 2009, she became vice president of the Carers Trust and a patron of the Stroke Association.
“I would have welcomed the opportunity to stand before the Dragons,” she added. “When deciding whether to assist – or reject – the aspiring entrepreneurs joining me in the Den, I will recall my own experiences and the realities of running a firm today.”
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