View all newsletters
Have the short, sharp Spear's newsletter delivered to your inbox each week
  1. Wealth
March 13, 2017updated 20 Mar 2017 1:14pm

Nicholas Frankl net worth

By Spear's

Former Olympian bobsledder, private pilot and Founder of My Yacht Group (MYG), Nicholas Frankl has an estimated net worth in the millions.

Born in London, to a British mother and Hungarian father, Frankl and his twin sister, Annabelle Frankl grew up in the U.K and spent family holidays in Hungary. He attended Hurstpierpoint College and later studied Business & Finance at Kingston University.

How did Frankl become a multi-millionaire?

Frankl is a three time Olympian (1994, 1998, 2002) as Driver and Captain of the Hungarian Bobsled Team, as well as a being a private pilot.

His first games were Lillehammer in 1994, and he came 28th out of 43 teams driving HUN1 in the 2-man. Frankl and his team qualified again for Nagano in 1998, placing 24th out of 32 teams in 4-man bob this time, and in Salt Lake City in 2002, they competed again in the 4-man, finishing 23 / 33 teams.

After his bobsledding career ended, Frankl worked on a variety of projects – including writing, hosting, and producing automotive programs for radio, TV and print.

He also ran the Ferrari Asprey sponsorship from 1996-99.

Frankl and his twin sister Annabelle Frankl, who he co-runs My Yacht Group with, grew up immersed in the high-end events world and even higher end socialising since birth. Their father Andrew Frankl was a leading figure in the motorsports industry; after escaping Budapest in 1956, he joined Ford Motors where he helped to build a high-performance Lotus Cortina for Henry Ford II’s wedding, before expanding into broadcasting, journalism, marketing and promotion.

Frankl has been described as ‘the spirit of F1 – a brilliant, elegant, strategic, high-energy, fun-loving guy with an uncanny knack for creating magical events that represent the best of F1 – fast cars, interesting people’ (MD, Ballet Austin).
My Yacht Group (MYG) is run by Frankl and his twin sister. The company curates luxury and ultra-high net worth experiences for discerning guests and brand partners at the world’s premier sporting, social and artistic events. Frankl has sponsorship and marketing relationships at more than 100 Fortune 1000 firms, sports and entertainment properties.
MYG events range from single evening receptions to four days at Monaco F1, and with an average combined net-worth of 75 – 100 Billion USD at each MYG event.

Content from our partners
Proposed non-dom changes put HNW global mobility in the spotlight
Meet the females leading in the FTSE
A cut above: Charles Sanford on why HNW clients choose LGT Wealth Management

My Yacht Group’s signature events can be found at the Cannes Film Festival, St. Bart’s High Season, Monaco Yacht Show, and Art Basel Miami Beach.
Frankl is set to star in new TV show How’d You Get So Rich on Channel 4 on March 13th 2017.

Select and enter your email address The short, sharp email newsletter from Spear’s
  • Business owner/co-owner
  • CEO
  • COO
  • CFO
  • CTO
  • Chairperson
  • Non-Exec Director
  • Other C-Suite
  • Managing Director
  • President/Partner
  • Senior Executive/SVP or Corporate VP or equivalent
  • Director or equivalent
  • Group or Senior Manager
  • Head of Department/Function
  • Manager
  • Non-manager
  • Retired
  • Other
Visit our privacy policy for more information about our services, how New Statesman Media Group may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications.
Thank you

Thanks for subscribing.

Websites in our network