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28-03-01 news
Geldof sells DeckChair.com...

The Irish rocker with the golden touch Bob Geldof has sold his Internet company deckchair.com for £10 million. The former Boomtown Rats singer and the man most famous for being the brains behind Live Aid which raised millions for the starving in Africa back in the 80's has made the £10 million in just two years.

The company was bought by one of it's biggest rivals World Travel and the newly sold website boasted some very high profile interests which included pop promoter Sir Harvey Goldsmith, as well as the family behind Marks and Spencer, the Seiffs.

Geldof who already made a considerable fortune with his TV company Planet 24 which he sold and who's programs included the Channel 4 hit The Big Breakfast, set up deckchair.com after he could not book an airline ticket on line.

At the time the singer said "Irritation is usually the spur for me to do something. That is why I created deckchair.com."