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Oliver Cookson
Oliver Cookson
Oliver Cookson
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Oliver Cookson is an English entrepreneur who established the sports nutrition business Myprotein, which he sold in 2011 for £58 million to The Hut Group. He was named in the Sunday Times Rich List 2019 having recorded a net worth of £306 m.[2]

Key Information

Early life

[edit]

Oliver Cookson is a British entrepreneur, who grew up in Withington, Manchester, in the Northwest of England, and comes from a working-class background. After leaving school with one GCSE,[3] he was taken on as an apprentice for an IT company before setting up on his own as a self-taught contract website developer for major global organisations.[4][5]

Career

[edit]

Myprotein

[edit]

Cookson, a keen weight trainer, applied his knowledge of web development to launch sports nutrition brand Myprotein in 2004 with just a £500 overdraft.[6] He began trading from a lock-up garage and built Myprotein into a multi-million-pound business employing more than fifty staff and selling products across the UK and Europe.[7]

The company manufactures and sells sports nutrition products and protein foods through its website and became the market leader in the segment.[8]

Products include protein powders, amino acids, vitamins, ready-to-drink products, omega oils and other items to help people build muscle, lose weight and supplement their diets.[9] Celebrities who use Myprotein products include Rugby players Kyle Eastmond and Dan Hipkiss, sprinter Craig Pickering and multiple footballers.[10]

The Hut Group

[edit]

In 2011, Cookson sold Myprotein to The Hut Group in a deal worth £58 million in cash plus shares in the group. Those shares earned him another estimated £283 million when The Hut Group debuted on the stock market with the biggest initial public offering (IPO) of the year in 2020.[11]

Later career

[edit]

On 1 November 2011, Cookson established the business Monocore[12] launching multiple consumer nutrition brands, including GoNutrition, before fully exiting the company in 2019.

He then founded investment vehicle OSC Group according to Companies House.

In March 2017, Cookson took a major stake in online meat and health foods retailer LiveLean Nutrition. Oliver Cookson was appointed chairman with immediate effect and joined the board of directors at LiveLean whilst maintaining his other director positions in businesses such as GoNutrition, P-Fit and Monocore.[13]

Oliver Cookson Foundation

[edit]

In November 2022, the Oliver Cookson Foundation was established as a registered charity (Registered Charity Number 1201102) with the mission of making a positive difference in the lives of people in the UK, by removing barriers and enabling people to access new skills, knowledge and opportunities.

Make-A-Wish (UK)

[edit]

In November 2020, Cookson became a patron for the charity Make-A-Wish (UK), which raises funds to help the wishes of critically ill children come true. The charity had been severely impacted by the Covid-19 pandemic, which prevented them from raising funds via the usual channels such as marathon runs and made it difficult to deliver wishes due to pandemic restrictions.[14] Cookson donated £250,000 to the charity, which was used to help one hundred critically ill children and give them hope for the future.[15]

TV piracy

[edit]

In 2001, Cookson was fined £600 and ordered to complete 200 hours community service after pleading guilty to incitement under the Computer Misuse Act 1990, having discovered a system which allowed viewers to see pay-per-view channels for free.[16]

Litigation with The Hut Group

[edit]

Oliver Cookson was involved in a long running case of litigation with The Hut Group over the sale of Myprotein in 2011 and the valuations that each side had put on their business.[17] Following a trial in The High Court in London in October 2014, Mr Justice William Blair, the brother of former Prime Minister Tony Blair, awarded Cookson net £6,482,911 million in relation to the counterclaim. The Hut Group made the first litigious move with what Mr Justice William Blair called "by way of pre-emptive strike".[18]

Mr Justice Blair ordered that The Hut Group should pay its own costs and meet one third of those incurred by Cookson and the Trust.[19]

In 2019, Cookson brought High Court documents alleging new shares in The Hut Group were issued to investors without Cookson's approval after the co-sale rights were removed, reducing Cookson's shareholding from 11.6% to 8.3% between February 2016 and May 2018.[20]

References

[edit]
Revisions and contributorsEdit on WikipediaRead on Wikipedia

Oliver Cookson

View on Grokipedia
from Grokipedia
Oliver Cookson is a British entrepreneur, , and philanthropist renowned for founding , a leading company that he bootstrapped from a £500 overdraft in 2004 and sold to The Hut Group in 2011 for an initial £58 million in cash plus shares that later contributed to a total value exceeding £300 million. Born in Cheadle Heath, , to a working-class family, Cookson left school at age 16 with only one in drama, struggled academically, and later completed a apprenticeship before teaching himself to launch his online business from a garage. Following the Myprotein sale, where he retained 100% equity as the sole founder and shareholder, Cookson pursued additional ventures, including founding Verve Nutrition in late 2023, a multinutrient brand featuring products like the V80 superblend with 80 active ingredients aimed at disrupting the health supplement market. He also established the Oliver Cookson Foundation in 2022, which operates Cookson First Aid to provide free community training in life-saving skills, partnering with organizations like the British Heart Foundation to build heart-safe communities and having trained thousands across Greater Manchester and beyond, and became a patron of Make-A-Wish UK in 2020, donating £250,000 to grant wishes for 100 critically ill children. In 2021, Cookson published Bootstrap Your Life, a memoir sharing his experiences of entrepreneurial success without formal education or external funding, emphasizing self-reliance and practical business strategies. His achievements have earned him recognition as the UK's top self-made millionaire under 40 in 2019 and a place on the Sunday Times Rich List.

Early life

Childhood and family background

Oliver Cookson was born in February 1979 in Cheadle Heath, , to a working-class family. He grew up in modest circumstances in Cheadle Heath, part of the area near , where financial limitations were a constant reality for his household. His parents, from a working-class background and with his father working as a dealer and his mother as a , could provide little financial support, which underscored the need for from an early age; Cookson was an . These challenges in his upbringing fostered a strong sense of resilience and an early , as Cookson later reflected that his family's circumstances left him with few alternatives but to depend on his own initiative. This environment motivated him to seek independence early, including leaving school at age 16.

Education and early skills

Oliver Cookson attended The Kingsway School in , leaving at the age of 16 with a single qualification, graded D in science. Growing up in a working-class family in , Cookson faced socioeconomic barriers that limited his access to further formal . After leaving school, he undertook a modern in IT, which provided initial exposure to but ultimately led him to pursue self-directed learning in . Through this self-teaching approach, Cookson acquired practical skills in website creation, establishing a foundation in digital technologies that proved essential for his later endeavors.

Business career

Founding and growth of Myprotein

In 2004, at the age of 25, Oliver Cookson founded as the sole founder and shareholder, starting the company with just a £500 from a lock-up garage in . Drawing on his self-taught skills, Cookson built an online platform to sell products, initially focusing on affordable protein powders and supplements targeted at bodybuilders and fitness enthusiasts frustrated with high prices in the market. Myprotein's early growth was driven by a e-commerce model that bypassed traditional retail channels, allowing for low —often 50% below competitors—while maintaining quality through in-house . This strategy, combined with targeted online marketing to gym communities, enabled rapid scaling without external funding, the business to multi-million-pound revenues within years. By 2010, the company had achieved £16 million in annual sales, employing over 50 staff and serving 300,000 registered customers across the UK and . International expansion became a key pillar of growth, with entering six European markets by offering over 250 products and leveraging efficient online distribution to build a loyal customer base. Cookson's emphasis on and propelled the company to project £25 million in for , establishing it as Europe's leading online brand before its acquisition.

Sale to The Hut Group and financial outcomes

In 2011, Oliver Cookson sold to The Hut Group (THG) in a deal valued at £58 million, comprising cash payments alongside shares in the acquiring company. This structure allowed Cookson to retain significant equity in THG, estimated at around 12% of the combined entity post-acquisition. The transaction reflected Myprotein's rapid expansion into a leading online retailer, which underpinned its attractive valuation. Cookson's retained stake in THG yielded substantial returns following the company's (IPO) on the London in September 2020. During the float, which valued THG at approximately £5.4 billion, Cookson realized £283 million from selling a portion of his shares. This payout marked a significant financial , amplifying the overall value of the 2011 deal well beyond the initial cash component. By 2019, these outcomes contributed to Cookson's personal net worth reaching £306 million, as reported in Rich List, exemplifying his trajectory from modest beginnings to substantial wealth creation through entrepreneurial success.

Subsequent ventures and investments

Following the sale of to The Hut Group in 2011, Oliver Cookson pursued several new business initiatives in the and sectors. In 2011, he founded Monocore, an software tool designed to streamline online retail operations. He fully exited the company in 2019 after eight years of operation. In the , Cookson launched additional ventures focused on , including the investment vehicle OSC Group to manage his growing portfolio. He established GoNutrition in , emphasizing transparent ingredient sourcing and developing over 800 products for a customer base exceeding 50,000 across . The brand was acquired by Supreme Imports in June 2019. Cookson also founded P-Fit during this period, a initiative aimed at simplifying fitness supplements. In 2017, Cookson took a major shareholder stake in LiveLean Nutrition, an online retailer of health foods and meats launched in 2016, and assumed the role of chairman to guide its expansion strategy. Building on his expertise, he founded in 2023 as CEO, a wellness brand specializing in health beverages such as the V80 and V40 greens powders, which incorporate 80 natural ingredients to deliver over 200 nutritional benefits per serving. These products prioritize transparency and in the supplements market. In May 2025, Verve launched VerveSmart, an AI-powered tool that creates personalized supplement regimens based on individual health data. In September 2025, the company hired Neal Rawlinson as its first to support scaling efforts. Cookson's investments have increasingly extended into through his . In 2024, he formed a with CERT Property to develop Build to Rent (BTR) schemes in , including the Peelers Yard project converting a historic 1872 into 81 apartments. This collaboration advanced with the approval of a second BTR venture on Cross Keys Street in September 2024, comprising 99 units valued at £28 million. In May 2025, the partnership renewed to acquire and redevelop Manchester's grade II-listed Shena Simon campus—a 97,000 sq ft former educational site—into a , marking their third joint project. These deployments leverage proceeds from the 2020 THG IPO to fund urban regeneration opportunities.

Philanthropy and authorship

Oliver Cookson Foundation and Cookson First Aid

The Oliver Cookson Foundation was established in 2022 as a charitable incorporated organization (CIO) with registered charity number 1201102, dedicated to promoting life-saving skills and enhancing community welfare through education and grants. Funded by Oliver Cookson's personal wealth from prior business exits, the foundation focuses on initiatives that empower individuals to respond effectively to emergencies. Cookson First Aid serves as the foundation's flagship program, providing free community-based training in emergency , alongside mental health awareness courses and accredited sessions tailored for businesses and schools. By 2025, the program had trained over 20,000 individuals across the , equipping them with practical skills to address cardiac arrests, bleeding, and other critical situations. In 2025, the foundation expanded its initiatives on October 10, emphasizing the theme of "access to services – mental health in catastrophes and emergencies" through targeted awareness and training sessions. Additionally, it introduced specialized outdoor first aid courses to prepare participants for remote and scenarios, contributing to the broader goal of building heartsafe communities nationwide.

Patronage of Make-A-Wish UK

In November 2020, Oliver Cookson became a patron of Make-A-Wish UK, a charity dedicated to granting life-changing wishes to children and young people aged 3 to 17 with critical illnesses. To support the organization's mission, Cookson made a personal donation of £250,000, enabling the funding of wishes for approximately 100 children, with initial priority given to those in before extending to others in greatest need. This contribution came at a critical time during the , when the charity faced fundraising challenges and had over 1,800 children awaiting wishes. Cookson's involvement as patron has focused on enhancing the charity's ability to deliver transformative experiences, such as celebrity meet-and-greets and special events, which provide joy and hope to critically ill children. Through his ongoing support, this donation has helped facilitate the granting of over 100 such wishes. He has publicly advocated for Make-A-Wish UK via and media appearances, often linking the charity's work to his own entrepreneurial journey of rising from a working-class background in —leaving school with one and starting his first business on a £500 —to inspire greater awareness and donations. In a statement marking his patronage, Cookson said: "It’s clear to me that Make-A-Wish makes a huge difference in the lives of children facing critical illness. I love what they do and am honoured to become a patron of the charity. I hope that together we can give some to many more children." This patronage complements but remains distinct from Cookson's separate philanthropic efforts through the Oliver Cookson Foundation.

Publications and motivational work

Oliver Cookson authored the self-help book Bootstrap Your Life: How to Turn £500 into £350 Million, published in 2021 by Piatkus, an imprint of Little, Brown Book Group under Hachette UK. The book draws on his personal experiences to offer guidance on , resilience, and businesses from minimal resources, detailing how he transformed a £500 into a multimillion-pound enterprise. Key themes include lessons from leaving school at 16 with limited qualifications, the strategies behind scaling to become Europe's leading brand, and the importance of maintaining an entrepreneurial mindset amid challenges. A notable aspect of the book is its emphasis on balancing professional success with personal fulfillment, including chapters inspired by Cookson's philanthropic that encourage readers to give back through community impact and ethical business practices. Cookson structures the narrative with practical steps, using simple language to break down processes, such as prioritizing needs and reinvesting profits, to make the content accessible to aspiring entrepreneurs without formal education or capital. Beyond writing, Cookson engages in motivational activities through and advisory roles. He delivered a at the White Label World Expo in on 12-13 November 2025, where he discussed , scaling, and post-exit strategies in a Q&A session. In his talks and interviews, Cookson advises on overcoming business failures by prioritizing adaptability and internal resourcefulness over capital shortages, stressing in responding to market changes and eliminating excuses like insufficient funding. He further extends this influence via his Bootstrap Your Life, launched in 2020, which features short episodes addressing listener-submitted questions on entrepreneurial habits, , and scaling challenges. Cookson also shares motivational insights on , amplifying his messages on resilience and to a wide .

TV piracy incident

In 2001, at the age of 22, Oliver Cookson, then known as Oliver Nobahar-Cookson, was convicted at Minshull Street Crown Court in for operating a small-scale TV piracy scheme based in Cheadle, . He admitted to two counts of incitement under the after selling 22 digital circuit boards, referred to as "cable cubes," to undercover investigators for £50 each. These devices enabled users to unscramble set-top box signals, providing unauthorized access to pay-per-view TV channels, including movies and matches, without subscription fees. The court imposed a £600 fine and 200 hours of on Cookson, with no term of . The operation, conducted primarily through internet sales, was described as a low-level that came to light through investigative efforts by authorities targeting digital signal piracy. Coming from a working-class family in the area, where opportunities were limited, Cookson left school at age 16 with minimal qualifications. This incident, occurring well before the launch of his legitimate business ventures in the mid-2000s, was an isolated early brush with the law. No further legal repercussions from this matter were reported.

Dispute with The Hut Group

In 2014, The Hut Group (THG) initiated legal proceedings against Oliver Nobahar-Cookson, the founder of , alleging breaches of warranties in the 2011 share purchase agreement for the acquisition of the business. THG claimed that pre-sale management accounts and business practices misrepresented the company's financial position, seeking damages initially valued at around £15 million, including allegations of fraudulent misrepresentation. Cookson, through a trust, counterclaimed for approximately £12.7 million, asserting that THG had breached its own warranties concerning its audited and management accounts, which affected the post-acquisition value and obligations under the agreement. The , in its judgment delivered on 20 November 2014 (The Hut Group Ltd v Nobahar-Cookson EWHC 3842 (QB)), found breaches by both parties. It awarded THG £4.3 million in damages for Cookson's warranty breaches related to Myprotein's accounts and operations. Conversely, the court ruled in favor of Cookson's , granting £10.8 million for THG's breaches, resulting in a net award of approximately £6.5 million to Cookson. A related 2016 Court of Appeal decision (Nobahar-Cookson & Ors v The Hut Group Ltd EWCA Civ 128) addressed procedural aspects of claim notifications without altering the core findings on damages. Subsequent litigation arose from the ongoing share arrangements. In 2021, the Court of Appeal in Zedra (Jersey) Ltd v The Hut Group Ltd EWCA Civ 904 dismissed an unfair prejudice petition under section 994 of the brought by Cookson's trust, alleging improper share dilution that reduced its stake from 13.12% to 8.34%; the court found insufficient evidence of . Related disputes over shares and rights continued into the .

References

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  3. https://www.manchestereveningnews.co.uk/news/greater-manchester-news/i-left-school-stockport-one-28725910
  4. https://www.thisismoney.co.uk/money/smallbusiness/article-13241491/Oliver-Cookson-launches-supergreens-business-Verve-Nutrition-replicate-multimillion-pound-MyProtein-success.html
  5. https://www.newsfilecorp.com/release/174742/Cookson-First-Aid-and-British-Heart-Foundation-Join-Forces-to-Create-HeartSafe-Communities
  6. https://www.make-a-wish.org.uk/news/make-wish-welcomes-new-patron-oliver-cookson/
  7. https://www.manchestereveningnews.co.uk/news/greater-manchester-news/dreams-one-hundred-children-come-19297057
  8. https://www.dailymail.co.uk/lifestyle/article-13186821/I-loan-start-business-used-500-overdraft-ground-7-years-turned-350million-empire-Sunday-Times-Rich-List.html
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  12. https://golden.com/wiki/Oliver_Cookson-9A4MXPZ
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  14. https://www.secretleaders.com/episodes/myprotein-how-to-bootstrap-a-500-overdraft-into-a-350m-exit-with-founder-oliver-cookson
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  34. https://cooksonfirstaid.org/news/
  35. https://cooksonfirstaid.org/outdoor-first-aid/
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  39. https://www.whitelabelexpo.com/welcome-london/speakers
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  41. https://podcasts.apple.com/gb/podcast/bootstrap-your-life/id1515610831
  42. http://news.bbc.co.uk/2/hi/uk_news/1443468.stm
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  44. https://www.telegraph.co.uk/business/2019/02/23/myprotein-founder-sues-hut-group-shares/
  45. https://www.judiciary.uk/wp-content/uploads/2022/07/Zedra-Trust-v-The-Hut-Group-judgment.pdf
  46. https://www.thetimes.com/uk/law/article/myprotein-founder-revives-court-battle-with-thg-g5jnv87pl
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  48. https://www.rpclegal.com/thinking/commercial-disputes/contractual-notice-of-warranty-claim/
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