Mark Daeche Net Worth in 2025: UK Entrepreneur’s Journey

Mark Daeche, a UK tech and energy entrepreneur, has a 2025 net worth of £50 million to £70 million. Known for co-founding First Utility, he’s a prominent figure in British business. This article, tailored for UK readers, dives into his wealth, career, and personal life with fresh insights, a clear table, and the latest updates.


Who Is Mark Daeche?

Born in the UK, Mark Daeche is around 61 years old in 2025. He’s a serial entrepreneur with a background in software development. Daeche co-founded First Utility, a challenger energy firm, in 2008.

His tech journey includes leading Fox Software in the USA, which merged with Microsoft in 1992. He also founded First Telecom, sold to Atlantic Telecom in 2000.


Mark Daeche’s Net Worth in 2025: £50M–£70M

In 2025, Mark Daeche’s net worth is estimated at £50 million to £70 million. This comes from his stake in First Utility, sold to Shell in 2018 for about £240 million. Daeche owned roughly 20% of the company, netting him around £48 million from the sale, per This is Money.

His wealth also includes investments in tech startups and property. Social media estimates on X suggest his net worth has grown due to savvy ventures.

CategoryDetails
Net Worth (2025)£50M–£70M
Main Income SourceFirst Utility Sale (£48M)
Other SourcesTech Investments, Property
Key BusinessFirst Utility (2008–2018)
Mark Daeche’s Financial Snapshot

Career Highlights

Daeche’s career began in software. He led Fox Software, merging with Microsoft in 1992. In the 1990s, he founded First Telecom, growing it to 500,000 customers before its sale in 2000.

In 2008, he co-founded First Utility with Darren Braham and Marcus Citron. The firm challenged the Big Six energy providers, gaining a 3% market share. Daeche served as CEO until 2012, then became a non-executive director.

The 2018 Shell acquisition marked a major win, cementing his reputation as a tech and energy innovator.


Personal Life: Family and Connections

Daeche was married to model Amanda Cronin until their separation in 2017. They have no children together. He keeps his current personal life private, with little known about his family or relationships.

Based in the UK, Daeche has attended high-profile events, like the 2016 Cannes Film Festival, per Getty Images. His social circle includes business and entertainment elites.


Latest News: Mark Daeche in 2025

In 2025, Daeche is investing in green tech startups, per X posts. Fans say, “He’s backing the future of energy!” He’s also mentoring young entrepreneurs in the UK tech scene.

Daeche keeps a low profile but remains active in business circles, focusing on sustainable innovation.


Fun Facts About Mark Daeche

  • Age: Approx. 61, born around 1964.
  • Hobby: Attending elite social events.
  • Achievement: Sold First Utility for £240M.
  • Passion: Green technology investments.
  • Fun Fact: Worked with Microsoft in the 1990s.

FAQs About Mark Daeche

What is Mark Daeche’s net worth in 2025?
£50 million to £70 million.

What is Mark Daeche known for?
Co-founding First Utility and tech ventures.

Who was Mark Daeche married to?
Amanda Cronin (divorced 2017).

What is First Utility?
A UK energy provider sold to Shell in 2018.

Where does Mark Daeche live?
UK, likely London or nearby.


Disclaimer

Net worth estimates are based on sources like This is Money and X posts as of August 2025. Figures are speculative. Social media insights reflect public views, not verified facts.


Conclusion

Mark Daeche’s £50 million to £70 million net worth in 2025 showcases his success. From First Utility’s £240 million sale to green tech ventures, the 61-year-old entrepreneur inspires UK business minds. His journey from software to energy is remarkable. What’s your take on Daeche’s legacy? Comment below!

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