Facts of Fraser Doherty
|Full Name||Fraser Doherty|
How Much Is Entrepreneur Fraser Doherty’s Net Worth?
For success in business, rather than the age, dedication with tactics matters. Seems the phrase is perfect in the cast of Scottish entrepreneur Fraser Doherty. Professionally active and successful with the market business since his teenage, Doherty earned himself millions of dollars by his 20s.
Currently, the owner and founder of SuperJam, Envelope Coffee, and Beer52 (co-founder), Fraser Doherty’s success has never stopped to skyrocket, resulting in the estimated $4-$10 million net worth.
Alongside fortune, the Scottish businessman also has won numerous accolades including the MBE (Most Excellent Order of British Empire). Get details on his net worth, assets and business venture.
Fraser Doherty’s Net Worth: Income Source, Salary, & Earnings
Ever since the age of 14, Doherty grabbed the attention of the young market-game changer, the showers of millions of dollars have barely retarded.
As of April 2019, Fraser Doherty’s actual net worth is not disclosed, however, is estimated to own as much as $10 million as per online sources.
Forbes report that back in 2009, the young entrepreneur at the age of 21 had already made him worth around $1 million-$2 million.
The main credit of to his effective market venture and income source goes to his brand SuperJam that includes 100% ingredient from fruit.
Also, Doherty meanwhile is the founder of Envelope Coffee and co-founder of Beer52. The world’s largest craft beer club and Scotland’s fastest growing start-up ships more than 50,000 beer per month and has over 200,000 customers.
So, it’s likely Fraser does swim in the pool of dollars.
Career Intake To Pinnacle & Accolades
Well, Fraser was only 14 years old when the Scottish learned to make jam in his grandmother’s kitchen. Then, by the age of 16, he had come up with a brand of himself named SuperJam, made from 100% fruit.
Soon the jam became super famous and one of the market’s best demand, so Fraser Doherty started renting out a factory for jam production. Even more, he took out around $9,000 loan from the bank for expenses on factory and flavor variations: Blueberry & Blackcurrant, Rhubarb & Ginger and Cranberry & Raspberry.
By the age of 19, in 2007, his brand sales record reached around $800,000. A fruitful result from $5 worth investment to make jam to millions!
In 2009, sources reported that Doherty’s 100% stake at the company already made him worth $1-$2 million, free from debt. That year, his jam made 60% rise in sales compared to 2007, pocketing him $1.2 million in the net.
Moreover, now, the Scottish entrepreneur has aided his earnings with the addition of Envelope Coffee and Beer52 in his venture.
Alongside income, Fraser Doherty also earned notable accolades, the most notable being the MBE (Most Excellent Order of British Empire).
Here is the list of some:
- Enterprising Young Brit Award (2004)
- Young Entrepreneur of The Year (2007)
- Glenfiddich Spirit of Scotland Award (2008)
- Nectar Business Entrepreneur of The Year (2009)
- Top 10 in `Times Young Power List' (2011)
- Member of The British Empire (2014)
- Startups Young Entrepreneur of The Year (2014)
- Scottish SME Business Awards (Finalist) (2017)
Author of Books
Fraser Doherty published his first book The SuperJam Cookbook on August 5, 2010, followed by the release of second book SuperBusiness on April 21, 2011.
Then on August 25, 2016, the entrepreneur's third book 48-Hour Start-up: From idea to launch in 1 weekend, focusing on the start a profitable new business over a weekend.
Endorsement & YouTube Earnings
For now, the details of Fraser Doherty’s endorsement is not out, rather he seems to be promoting his products in the social media. Probably, if he does, the Scottish entrepreneur is likely to sum massive earnings from sponsorships.
As per Influencer Marketing Hub, Fraser’s Instagram with over 3K followers can sum up $24-$41 per sponsored post.
Also, his YouTube channel Fraser Doherty, having 1.1K subscribers reportedly earns him thousands of dollars per year.
Asset, Cars, Lifestyle & Expenses
Surely, with a massive million dollars fortune, Fraser Doherty lives a lavish lifestyle and owns a notable asset collection. Sources report that Fraser divides his time between his house in London, the UK, and Edinburgh, Scotland.
Even if his house worth detail is not out, Doherty’s residence costs hundreds of thousand dollars. Well, the average price of a house in London is $700,000 while Scotland’s house is worth around $200,000.
Meanwhile, the information on Doherty’s car collection is not out but surely has luxurious rides.
Instead of making expenses on costly clothes, Fraser likes to spend on travels and often posts about his visits on Instagram.
Tax & Insurance
Even if Fraser’s actual tax payments is not out, he does have the same fate as all other responsible citizens regarding taxes have.
Well, the property tax rate in the UK is around 12.5% including use, transfer, and ownership of property, while Scotland’s house tax covers up in the rate variations:
- 2% for £145,000 and £250,000
- 5% on the worth £250,000 and £325,000
- 10% within band up to £750,000
- 12% for more than £750,000
The house insurance cost in the UK and Scotland takes £161.75 as insurance premium.
Also, the entrepreneur is also liable to pay income taxes. Sources report that the tax snatches 45% in the UK and 41% in Scotland upon the total annual revenue of $195,500 (or £150,000) per year.
Over the years, Fraser has been active in many charitable events. His most notable philanthropic project includes The SuperJam Tea Parties, established in 2008. It organizes tea parties for lonely elderly people who live alone or in care homes.
Fraser Doherty’s Personal Life: Age, Family, Education & Relationship
Doherty was born on December 30, 1988, in Edinburgh, Scotland to Scottish parents. He holds Scottish nationality and is of white ethnicity.
He attended the University of Strathclyde in Glasgow, Scotland.
As of May 2019, Fraser Doherty’s age is 30.
Meanwhile, no report on Fraser’s relationship is not, either it is dating a girlfriend or married life. He likes to keeps his affairs low-key.