Duncan Bannatyne received an OBE in 2004. The honour recognised his services to charity and business.
Bannatyne built his public profile through a varied career that included selling ice cream, operating care homes and developing a health-club business. He later became one of the best-known investors on Dragon's Den, where his direct negotiating style and Scottish accent made him readily identifiable.
An OBE is an appointment to the Order of the British Empire and is awarded for a substantial contribution to a field or community. It is different from a knighthood and from a CBE, which is a higher grade within the order. Bannatyne's honour predates his later television celebrity, so the year is best understood as part of his business and charitable career rather than as a Dragon's Den milestone.