David Buttress, renowned for his tenure as the co-founder and former CEO of Just Eat, has always been a figure of interest in the financial world. With the merging of Just Eat with Takeaway.com in 2020, valuing the venture at a staggering £5.9 billion, many are curious about David Buttress’s net worth today.
In recent financial evaluations, David Buttress’s net worth stands at an estimated $4 million. His stake in Just Eat, combined with his various investments and recent sell-offs, has significantly influenced this figure.
| Year | Net Worth (estimate) |
|---|---|
| 2016 | £10 million |
| 2017 | £15 million |
| 2018 | £20 million |
| 2019 | £25 million |
| 2020 | £30 million |
| 2021 | £35 million |
| 2022 | £40 million |
David Buttress’s rise to financial prominence began in 2006 when he was hired by the co-founder of Just Eat, following the company’s relocation to the UK. His strategic decisions and leadership skills played an instrumental role in steering Just Eat from a startup to an online food delivery giant.
In 2016, a move that made headlines was his sale of Just Eat shares, which amounted to £12.5 million. Fast forward to 2020, and he cashed in an additional £4.98 million by parting with almost half of his Just Eat shares.
Beyond the world of business, Buttress showcases his humanitarian side. He stands as a trustee of the Just Eat Foundation, focusing on youth empowerment. Additionally, his association with the Welsh Rugby Union as a patron highlights his diversified interests and commitments.
David Buttress’s portfolio is not limited to Just Eat. His venture capitalist activities, especially as a partner at 83North, has seen him invest in promising startups. This firm boasts success stories like Just Eat, Revolut, and Monzo under its investment umbrella.
Apart from being a businessman, David has been appointed the chairman of the Welsh rugby region, emphasizing his diverse interests. Additionally, his recent designation as the ‘cost of living’ tsar by the government further diversifies his professional landscape.
David Buttress continues to be a significant figure in the business realm. His decisions, investments, and roles over the years have built an impressive legacy. The financial trajectory of his net worth is a testament to his acumen and vision.
What is David Buttress’s net worth in 2023?
David Buttress’s estimated net worth in 2023 stands at $4 million.
How did David Buttress earn his wealth?
His primary wealth accumulation is attributed to his stake in Just Eat, alongside various other investments.
Is David Buttress associated with any charitable ventures?
Yes, he is a trustee of the Just Eat Foundation and a patron of the Welsh Rugby Union.
Did David Buttress sell his shares in Just Eat?
In 2016, he sold shares worth £12.5 million and in 2020, he sold almost half of his stake, netting £4.98 million.
