Dragon's Den's Duncan Bannatyne Secretly Divorces For Second Time

Duncan Bannatyne

First Posted: 29/02/2012 07:57 Updated: 29/02/2012 08:11   WENN

Dragons' Den star Duncan Bannatyne has declared himself 'out' of his second marriage after five years.

The gym tycoon finalised his divorce from Joanne McCue in secret in December.

The multi-millionaire announced the split from Joanne, who is a former employee, last year but refused to talk about it, with some sources suggesting the pair were sorting out their issues.

However, court records show the split was made official before Christmas.

A source tells The Sun: "It was far from amicable. Duncan just wants to move on but he has had a very traumatic few months."

It was claimed that Joanne was demanding a massive payout, which included ÂŁ1,000 a day and their holiday home in France, as well as payments for their children.

Duncan was alleged to have said the divorce would force him to lay off 43 people from his business, which is estimated to be worth ÂŁ430 million.

A pal previously told the Daily Mail: "The thing is that his wife thinks he is much richer than he is after looking at the Sunday Times Rich List.

"In reality, he is worth nowhere near her astronomical figure. Duncan's told the other Dragons about the problem and one of them even joked that he might have no money left to invest."

Duncan has been open about how the breakdown of his first marriage left him devastated and admits he even considered suicide.

He revealed: "I'd get in the car, drive to work, stop in a lay-by and start crying. I came very close to considering suicide. I knew life just wasn't right."

Duncan also has four kids from his first marriage.

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HUFFPOST SUPER USER
Norman Mitchison
01:04 PM on 03/01/2012
He should re-employ her and then sack her.
Kraptonfactor
They're coming to take me away ha ha, hee hee, ho
11:47 AM on 03/01/2012
If I had that much money I would not have married anyone, let alone an employee.
And who on earth needs a thousand pounds a day to live on? I'm sure it's fair to support the children in the manner to which they are accustomed so hopefully he will do that.
11:12 AM on 03/01/2012
"Sorry but I can't invest!"
"But you have too, it's the law" Said the judge.
Feel sorry for him and her, it's a bad time for anyone who has to go through this.
03:35 AM on 03/01/2012
She may have grounds, none of us know what went on, but she can't say she helped him build his business.
11:42 PM on 02/29/2012
I often pull into a lay-by for a sandwich, pxxs, and a nap. I let the wife drive, but we do all this in secret cos I got A Superinjunction... Whatever.....
10:14 PM on 02/29/2012
read heather mills divorce demands and there you can see what greed really is
10:11 PM on 02/29/2012
Peoples Private lives should be exactly that :
Private.
Just because someone is rich & or famous does not give anyone, huffington post included, the right to intrude.
11:45 PM on 02/29/2012
But you just did.
06:52 PM on 02/29/2012
Somehow I find it extremely difficult to feel sorry for him. Does he think his divorce is more traumatic than that of the normal working guy?
07:45 PM on 02/29/2012
I don't think it says that anywhere in the article. Is he less likely to feel traumatic because he has made a lot of money?
06:26 PM on 02/29/2012
Perhaps he just likes wedding cake.
05:17 PM on 02/29/2012
I find Duncan Bannatyne pretty irritating he genuinely thinks he is the best thing since slice bread but in reality all he really has is money (I am totally jealous) I have seen him on Dragon’s Den and it surprises me that he has done so well because he does not come across as very articulate or bright (pretty rude in fact) but obviously I have got it wrong!!
07:39 AM on 03/01/2012
No you have it right - brains and making money do not go hand in hand. Some of the thickest peoiple can be millionaires and some of the very brightest can earn peanuts.
11:16 AM on 03/01/2012
He did what most people are afraid of, he took a big, really big risk and put everything on the line. This is how many people make money. Peter Jones did the same as did James Khan..I've done the same, just waiting to get something back..I promise it does give you sleepless nights..
03:03 PM on 02/29/2012
In response to the people asking how it's a secret, I think the point is that no found out until the end of Feb and it was finalized in Dec. That's what makes it a secret.
01:43 PM on 02/29/2012
that much of a sectret its on these boards. What a contridiction
01:41 PM on 02/29/2012
What exactly is the definition of secret then
01:37 PM on 02/29/2012
HE ALWAYS STRIKES ME AS BEING REALLY GRUMPY. STILL THAT'S NO REASON FOR THE WIFE TO TRY AND FLEECE HIM
01:33 PM on 02/29/2012
Joanne saw how much he was worth

And for that reason, she told him, "I am out!!"