Hilary Devey, a former Dragons’ Den star, died at the age of 65.
Devey, who grew up in Leeds, died on Saturday night following a protracted illness, according to her publicist, Benjamin Webb.
The Bolton-born entrepreneur died at her holiday home in Morocco, where she launched the multimillion-pound freight distribution company Pall-Ex in the 1990s.
According to Mr Webb, who was “very proud” of her work on Dragons’ Den, Devey was a “wonderful lady and an inspiration.”
Devey rose to prominence after taking over as James Caan’s replacement on Dragons’ Den, later revealing that her biggest investment was a mattress-duvet for caravans, yachts, and lorries.
Devey, a businessman who has previously participated in the show with Devey, tweeted: “I was saddened to learn that @HilaryDevey has gone away.” So inexperienced. Too inexperienced. Hilary, may you rest in peace. X”
Theo Paphitis, a former co-star, tweeted: “I was heartbroken to learn of Hilary Devey’s death.” May she rest in peace and leave us all with some wonderful memories. My heart goes out to her and her family. X”
Evan Davis, the host of Dragons’ Den, felt Devey would be a good fit. “I’m so sorry to hear of Hilary Devey’s passing,” she tweeted. I didn’t know her well, but she brought a great deal of grit to the Den; it was unlike anything we’d seen before, and the audience liked it. ”
The head of BBC Unscripted Content, Kate Phillips, said: “Hilary was formidable, fierce, and unforgettable when she first entered the Den in 2011.
She was a tough-talking dragon who never minced her words, but she also saw the person behind the product and was a great mentor and investor to a lot of entrepreneurs.
“She will be missed by everybody who knew her and benefited from her wise words and knowledge.” She was a hugely successful businesswoman and television specialist. ”
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