Jacqueline Gold died after seven years of breast cancer treatment, her family announced on Thursday. She was 62 years old.
Her net worth was £470 million, making her the 16th richest woman in the United Kingdom, per The Sunday Times Rich List. She served as the executive chair at the Gold International Group, Ann Summers and Knickerbox.
Gold was married to Dan Cunningham till 2006. The date of their marriage is not known. Her sister Vanessa is the CEO at Ann Summers.
“It is with unspeakable sadness that Ann Summers, our amazing executive chair Jacqueline Gold CBE passed away yesterday evening with her husband Dan, daughter Scarlett, sister Vanessa and brother-in-law Nick by her side,” the Gold family said in a statement.
“From an internship to chief executive officer in less than 10 years, her determination and commitment to creating a unique retail offering led to the creation of a multichannel retail chain, consisting of retail stores, direct sales ambassadors and a fast-growing online and third-party business,” the statement continued.
“It is her vision and creativity that saw Ann Summers grow from an unknown brand to a British household name and stable of the British high street.”
The statement further said that her death comes just two months after her father David Gold, the joint chairman of West Ham United FC passed away. David Gold was is the publishing business and is widely credited with introducing sex magazines in the British high streets.
“The thoughts and sincere condolences of everyone at Ann Summers are with Jacqueline’s husband Dan, daughter Scarlett and sister Vanessa at this extremely sad time,” the statement said in conclusion.
