Andrew Black (gambling entrepreneur)

Andrew Black
Born Andrew Wilson Black
(1963-05-13) 13 May 1963
Carshalton, London, England
Education King's College School
Alma mater Exeter University (dropped out)
Occupation Co-Founder of Betfair
Net worth Decrease £125 million (2011)
Spouse(s) Jane
Children 4
Relatives Cyril Black

Andrew Black, together with Edward Wray, was founder of Betfair, the world's first and largest bet exchange. Black and Wray have won many awards, including Ernst & Young emerging entrepreneur of the year in 2002.[1]

Early life

Black was born on 13 May 1963 and graduated at King's College School. He is grandson of Tory MP for Wimbledon Sir Cyril Black, who campaigned, among other things, against gambling.[2]

Career

During early 2008, Black revealed on his blog that he was part of the consortium led by Andrew Fitton, which had taken over Swindon Town F.C..[3] Other members of the consortium are Jeremy Wray, brother of Black's Betfair partner Edward, and Sir Martyn Arbib.

On 3 August 2009 Black announced that he was going into partnership with Michael Owen with regard to Owen's Manor House Stables; Tom Dascombe has been hired as trainer and the stated ambition is to own and train Group 1 horses on the Flat.[4] Black is the joint owner of racehorse Brown Panther who won the Goodwood Cup in 2013. In 2014 Brown Panther won the Irish St. Leger by six lengths.[5]

Blog

Black has his own horseracing blog "Bert's Blog" where he discusses his bloodstock operations.[6] The blog also features interviews with former Betfair staff such as Tony Clare, Steve High and Martin Cruddace.

References

  1. ↑ http://www.ey.com/Publication/vwLUAssets/EoY_-_London_and_South_award_recipients/$FILE/EY_EOY_London_and_South_award_recipients.pdf
  2. ↑ Startups.co.uk: Andrew Black Retrieved 13/11/2013
  3. ↑ "Come on you Robins". Bert’s Horseracing Blog. 2008-02-02.
  4. ↑ http://www.racingpost.com/news/horse-racing/owen-promotions-limited-andrew-black-tom-dascombe-dascombe-and-black-join-forces-with-michael-owen/616167/latest/ Retrieved 13/11/2013
  5. ↑ http://www.bbc.com/sport/0/horse-racing/29199662
  6. ↑ http://www.bertsblog.co.uk/
This article is issued from Wikipedia - version of the Friday, March 11, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.