Peter Hargreaves

Peter Hargreaves
Born Peter Kendal Hargreaves
(1946-10-05) 5 October 1946
Clitheroe, Lancashire
Residence West Country, U.K.
Nationality British
Education Clitheroe Royal Grammar School
Occupation Businessman
Known for Co-founder of Hargreaves Lansdown
Net worth £2.39 billion[1]

Peter Kendal Hargreaves CBE (born 5 October 1946) is co-founder with Stephen Lansdown of Hargreaves Lansdown, one of the United Kingdom's largest financial services businesses. He is no longer a director or employee of Hargreaves Lansdown.

Early life

Hargreaves was born in Clitheroe and educated at Clitheroe Royal Grammar School in Lancashire.[2][3][4]

Career

Trained as an accountant,[4] Peter Hargreaves initially worked as a computer salesman.[4] He then started Hargreaves Lansdown trading from a bedroom in 1981; in 2010, he stood down as chief executive, receiving £18 million in payouts from dividends.[5] He was succeeded as CEO by Ian Gorham. He is reportedly now worth £1,025 million according to the Sunday Times Rich List 2011.[6]

Hargreaves joined the board of ITM Power in February 2004 as a non-executive director:[7] he has invested heavily in ITM Power.[8] In March 2016 he joined the Leave.EU movement to campaign for the UK's exit from the European Union.[9]

Honours

Hargreaves was appointed Commander of the Order of the British Empire (CBE) in the 2014 New Year Honours for services to business innovation, financial services, and the City of Bristol.[10]

Politics

Hargreaves financially supported the Leave.EU campaign in 2016,[11][12] and wrote to 15 million UK householders asking them to support the leave campaign in the European Union membership referendum.[13][14]

Personal life

In 1986 he married Rosemary; they have one son and one daughter.[15] They reside in a Georgian property in the West Country, where he grows his own vegetables.[2] He owns three racehorses.[4]

References

  1. ↑ "The billionaire 100 club: Peter Hargreaves' inexorable rise". City Wire. Retrieved 6 November 2014.
  2. 1 2 Wachman, Richard (June 30, 2011). "Peter Hargreaves, the modest multimillionaire". The Guardian. Retrieved April 21, 2016.
  3. ↑ Andrew Lynch (22 March 2009). "Fame and Fortune: Peter Hargreaves". Sunday Times. Retrieved 24 September 2015.
  4. 1 2 3 4 Bristol’s deadly duo hit the City The Times, 6 May 2007
  5. ↑ "Hargreaves retires with £18m windfall | Mail Online". dailymail.co.uk. 2011. Retrieved 3 June 2011.
  6. ↑ Peter Hargreaves worth £1.02bn; Pair make top100 Rich List IFA on-line, 9 May 2011
  7. ↑ ITM Power: People
  8. ↑ Peter Hargreaves: My First Million FT.com
  9. ↑ "Peter Hargreaves Joins the Leave.EU team". Retrieved 22 March 2016.
  10. ↑ The London Gazette: (Supplement) no. 60728. p. 8. 31 December 2013.
  11. ↑ Michael Yong (31 March 2016). "Bankrolling Brexit: How two Bristol businessmen put in millions of pounds". Bristol Post. Retrieved 1 April 2016.
  12. ↑ Howard Mustoe (18 March 2016). "EU referendum: Founder of FTSE 100 broker backs EU exit". BBC News. Retrieved 1 April 2016.
  13. ↑ Damian Fantato (23 March 2016). "Peter Hargreaves signs 15m letters backing Brexit". FTAdviser. Retrieved 1 April 2016.
  14. ↑ Dylan Lobo (29 March 2016). "Hargreaves Lansdown distances itself from founder's leave campaign". citywire.co.uk. Retrieved 1 April 2016.
  15. ↑ Fame & Fortune: Peter Hargreaves The Times, 22 March 2009

External links

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