Former maths teacher Richard Parsons (pictured), 58, amassed a £115m fortune through his CGP exam revision guides which are pored over by GCSE and A-Level pupils across Britain.
CGP founder loses libel case after accusing friend of reading false letter out loudA multi-millionaire author has lost a poison pen letter libel case against his friend from primary school in the latest step in a long and bitter legal battle that has divided a sleepy Lake District town.
The letter also falsely said the author had made 'many unethical business dealings', that he treated staff 'appallingly', and that he cheated on his wife by having 'adulterous relationships with their live-in housemaid and a vulnerable single woman'. READ MORE: Millionaire author behind Parsons school study guides sued family over 'poison pen' campaign
He quit teaching in 1995 and began writing his first manuscript, which was later published through his own company, Coordination Group Publications .CGP was valued at £120million in 2019, giving Mr Parsons, who owns 95 per cent of the shares, a net worth of £114million. Elizabeth Garnett, 54, and husband Allan, 57, and their daughter Katie Armistead at first said they intended to defend against the claim in court but the case was settled in 2022 without a trial, so a judge made no ruling on if they wrote the letters.
Mr Parsons then launched legal action against a fellow former pupil of Broughton-in-Furness Church of England Primary School, where their children attend together. Mr Parsons racked up a £115m fortune and was dubbed 'Mr Revision' after he published a series of best-selling GCSE study guides In her judgment, Mrs Justice Farbey wrote: 'I am not saying that Mr Hull is obsequious or favour-seeking he is on side in this small community.'
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