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BARRONESS Mone, Michelle Mone

BARRONESS
Mone,
Michelle
Mone

Scottish businesswoman

  • Date of Birth: 8 October 1971
  • Age: 54 years old
  • In the rating: #9 Businesswoman

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Biography

Michelle Georgina Mone, Baroness Mone is a Scottish businesswoman and Conservative life peer. She has set up several businesses, including MJM International Ltd in 1996 and the lingerie company Ultimo along with her then husband Michael Mone. Other ventures include naturopathic 'weight-loss' pills, and a fake tan product via Ultimo Beauty.

Mone became a Conservative life peer in 2015. From 2020 to 2022, in a series of investigative pieces, The Guardian reported that Mone and her children had secretly received £29 million of profits to an offshore trust from government personal protective equipment (PPE) contracts, which she had lobbied for during the COVID-19 pandemic.

The House of Lords Commissioner for Standards and National Crime Agency launched investigations into Mone's links to these contracts in January 2022. Mone announced in December that year that she was taking a leave of absence from the House of Lords "to clear her name" amid the allegations. Shortly thereafter the UK government announced plans to sue PPE Medpro for £122 million plus costs.

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