Following the over 50% increase in energy prices, which is close to £2000 for the average household, bill-payers are now wondering what Octopus Energy Group founder Greg Jackson’s net worth is in 2022.
The energy price cap, which is the maximum amount that a utility company can charge customers, has risen from £1277 to £1971, which is an increase of over £690 - leading to a potential further financial struggle for many families around the country.
In light of the energy price hike, LADbible is taking a look at what finances Jackson is bringing home.
What is Greg Jackson’s net worth?
As of 2022, Octopus Energy CEO Greg Jackson’s net worth is not currently available to the public.
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However, in November 2021, Management Today reported that the energy company was valued at £3.36 billion, 0.8 billion more than long-term energy and services provider Centrica.
In September 2021, Generation Investment Management purchased a 13% stake in Jackson’s company, which was a deal worth £438 million.
On his LinkedIn, Jackson described himself as a “passionate, creative, innovative CEO, entrepreneur and investor.”
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“Love building organisations around people, disrupting industries which underserve customers and society," he added.
He also wrote about his reasons behind launching the energy brand, writing: “We've started Octopus Energy because we passionately want to bring fairer practices and better value to the people of Britain.
“We all need energy but the way we buy and consume it is broken.”
Upstream reported that Jackson joined Greenpeace at the age of 16, and his expertise was in mirror manufacturing, coffee shops and software before launching Octopus Energy in 2015.
Featured Image Credit: Management TodayTopics: Martin Lewis, Money, Celebrity Net Worth
