Home / Business and Economy / From Road Digger to £400M Huel Sale
From Road Digger to £400M Huel Sale
29 Mar
Summary
- Julian Hearn expects to earn £400 million from Huel sale.
- He sold his seven-bedroom mansion for £2.75 million.
- Hearn started with minimal qualifications, digging roads.
Julian Hearn, a former labourer, is poised to receive an estimated £400 million from the sale of his popular nutritional drinks brand, Huel, to the French giant Danone. The deal is reportedly valued at £860 million. This significant financial windfall follows Hearn's successful sale of his contemporary seven-bedroom mansion in Buckinghamshire for £2.75 million. The property, which he built after purchasing the land for £1.39 million in 2020, features extensive amenities including a gym and media room.
Hearn's entrepreneurial journey began after leaving school at 16 with only two E grades and working as a road digger. He later pursued higher education, graduating from Bournemouth University, and gained experience with major companies before launching his first business, Mash Up Media, in 2008. This venture achieved significant profitability and was sold in 2011. His subsequent venture, Bodyhack, inspired the creation of Huel, which has grown into a global brand sold in over 100 countries.
Huel's success has attracted notable investors, including Idris Elba and Steven Bartlett. The company, which focuses on convenient and complete nutrition, will continue under the leadership of CEO James McMaster, with Danone aiming to expand its presence in the functional nutrition sector. The sale underscores Hearn's remarkable rise from humble beginnings to a significant figure in the business world.
