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after soaring from $800 early last year. Its value has now dropped back to around $8

Time:2018-02-11 15:59Underwear site information Click:

Soon known Baroness Blockchain lady

Lady Mone made her fortune selling lingerie. 

But, after striking up a new relationship with a millionaire property mogul, the woman sometimes dubbed Baroness Bra is going into digital currency – so she might in future be known as Baroness Blockchain.

‘I believe,’ she says, glancing intently at her boyfriend, fellow Glaswegian Doug Barrowman, ‘that Bitcoin’s going to go fsshhhhhh,’ making a whoosh noise like a rocket taking off, and drawing a steep upward line on an imaginary graph with her finger.

The three of us are sitting in a cosy bar in London’s Dorchester Hotel discussing Brexit, business and the financial opportunities presented by so-called cryptocurrencies like Bitcoin.

NEW MONEY: Michelle Mone, pictured, and her boyfriend Doug Barrowman  believe cryptocurrencies are the way forward

NEW MONEY: Michelle Mone, pictured, and her boyfriend Doug Barrowman  believe cryptocurrencies are the way forward

NEW MONEY: Michelle Mone, pictured, and her boyfriend Doug Barrowman  believe cryptocurrencies are the way forward

'What did you say, $100,000 a Bitcoin?’ she asks Barrowman. The currency almost hit $20,000 late last year, but has since fallen to around $8,600.

‘Yeah, I mean, it’s obviously had a setback. But that’s just the volatility from the speculators. The fundamentals are still...still good,’ he insists.

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Cryptocurrency is an issue that has split the financial world down the middle, with fans believing it will revolutionise payments and make them a fortune, while critics see it as a haven for dirty money and an easy way for the unwary to lose their shirts.

Mone and Barrowman are firmly in the former camp. So much so that they have launched a new cryptocurrency venture together called Equi.

It’s yet another string to her bow: she is no longer involved with Ultimo, the lingerie firm where she made her name, but she owns tanning firm Utan and her own luxury interiors company. 

She is also working on a new lingerie project that will ‘change the way that bras are made’. 

On top of all that, she sits in the House of Lords, having been elevated to the peerage in 2015, laying the groundwork for Brexit.

Leaving the EU will disrupt the economy, she says. ‘It’s going to be really unsettled for at least five to seven years. I voted to remain because of that. But we are where we are.’

Mone has spoken of how her poverty-stricken childhood in Glasgow’s East End fuelled her determination to succeed in business and gave her ‘balls of steel’.

That attitude is apparent when she talks about the Presidents Club men-only charity dinner – where waitresses were told what to wear right down to the colour of their underwear. The event took place near where we are sitting a few weeks ago and has become a byword for City sleaze, with allegations that some women were groped.

'If I was assaulted, if someone grabbed my...then I know what I would do. And the guy wouldn’t like it. I’ve dealt with it all my life,’ she adds with a slight air of resignation. 

She acknowledges, however, that not all women feel able to take such a robust approach. ‘I support women. Full-stop,’ she adds.

Mone, 45, who is dressed immaculately with salon-perfect hair, became well-known as the public face of her lingerie brand Ultimo, which she sold in 2014 after building up the business over two decades. 

‘As a child, I never wanted to be famous. I never wanted to be a famous singer, actor, model or a famous anything. But it just organically grew that way,’ she says.

Having split up with her former husband Michael Mone in 2011, she and Doug have set up home in a £120 million mansion on the Isle of Man – complete with a helipad, swimming pool and a circular, mirrored home gym. The couple own a fleet of cars, including a Bentley and, reputedly, five Ferraris.

Doug Barrowman, pictured, and Michelle Mone have recently launched a new cryptocurrency venture together called Equi

Doug Barrowman, pictured, and Michelle Mone have recently launched a new cryptocurrency venture together called Equi

Doug Barrowman, pictured, and Michelle Mone have recently launched a new cryptocurrency venture together called Equi

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