Martin Penny Biography
Martin Penny is the Father-of-two, who was worth £80m after his ghd products took the world by storm, hanged himself in the master bedroom of his £2.7million home in Ilkley, West Yorkshire.
Martin Penny Age
He was 63 years old.
Martin Penny Suicide
Martin Penny ghd hair straighteners killed himself after suffering acute anxiety and had feared he would go bankrupt, an inquest heard.
Martin Penny Family Statement
His family told the hearing of their concerns about how he has money worries and s suffered from insomnia and anxiety. They said his condition deteriorated after he was prescribed a number of different drugs.
Martin Penny Wife
Mr. Penny’s wife Diana found him dead in the master bedroom of their home on June 18, last year. The couple had two son’s Alex and James.
Martin Penny Health Problems
His discharge notes said he had serotonin syndrome – a rare condition which may be brought on by the use of medicines that increase levels of serotonin in the brain.
Martin Penny Financial Problems
Over the years Mr Penny bought his partners out and took on new partners but was eventually forced out and embarked on a three-year court battle which cost the couple millions of pounds, Mrs Penny said in a written statement.
In January 2018 he became worried about their finances.
In 2016 Mr Perry was reportedly still worth £50m but he was still the owner of OHS when it went into administration at the beginning of 2017 and he resigned as director of OHS and numerous other companies in June 2018.
Fast Facts You Need to Know
- Entrepreneur Martin Penny who created ghd hair straighteners hanged himself
- He was once worth £80million, but suffered anxiety and had bankruptcy fears
- His family said his condition deteriorated after he was prescribed medication
- Mr Penny’s wife Diana found him dead in the master bedroom of their home