Richard Koch is a successful enterepreneur, management consultant and writer of several books. He is the author of the famous book "The 80/20 Principle" which shows how to apply the Pareto principle (80/20 rule) in all walks of life.

Richard was a consultant at the Boston Consulting Group and a partner in Bain & Company. Currently, he is an investor-director of Betfair, the world's largest betting exchange, which is the largest European Internet business.