Bruno Schroder

Bruno Lionel Schroder
Born Bruno Lionel Schroder
January 1933 (age 85)
Nationality British
Education Eton College
Alma mater University of Tours
University College, Oxford
Harvard Business School
Occupation Banker
Net worth US$5.4 billion (April 2018)[1]
Spouse(s) Piffa Schroder
Children One daughter

Bruno Lionel Schroder (born January 1933)[2][3] is a British banker and billionaire and a significant landowner in Scotland. He is a direct descendant of John Henry Schroder co-founder of financial institution Schroders and the longest serving non-executive board members of any company on the London FTSE 100[4]. Forbes magazine estimated Schroder's family wealth at US$5.4 billion in August 2018, which is shared with his sister, Charmaine Brenda von Mallinckrodt.[1]

Schroder owns the 17,500 acre Dunlossit Estate on the island of Islay in Scotland's Inner Hebrides.[5]

Early life and education

He was educated at Eton, University of Tours, the School of Languages Hamburg, University College, Oxford, and Harvard Business School.[2][6] Schroder received an honorary doctorate from Heriot-Watt University in 2012 [7]

Career

Schroder joined the commercial banking and corporate finance division of J. Henry Schroder Wagg & Co. in 1960, and was appointed a director of Schroders in 1963.[5] Schroder is a non-executive director of Schroder's and a member of the company's nominations committee.[1] In 2017 Schroder donated £50,000 to the ‘Remain’ campaign against Brexit as well as the campaign against Scotland leaving the UK.[8]

In August 2018, Schroder's net worth was estimated at $5.4 billion.[1]

Personal life

Schroder married in 1969, to Piffa, and though the couple are separated, they are not divorced; due to his wife's Roman Catholic beliefs.[2] The couple have a daughter, Leonie Fane.[2][9] Schroder and his partner Danish-born Baroness Suzanna von Malthauzen divide the estate on Islay with Piffa who has her own part of the estate and is in residence when Schroder is in London.[10] In 2003 Schroder was granted a court order against an American woman who threatened him and Baroness von Matlhauzen at his estate.[11] In August 2018, Schroders were considering offering his daughter Leonie Fane his seat on the main board, which he has held since 1963, when he steps down, "despite her lack of experience in financial services".[9][12] Schroder and his daughter are both on the board of the Dunlossit and Islay Community Trust.[13]

Schroder flies his private plane and is a keen breeder of Middle White pigs on the Dunlossit Estate. Schroder has funded the Islay lifeboat and sponsored the island's Highland games, the Argyllshire Gathering. Schroder also helped restore an old whisky distillery on Islay.[1]

Schroder was one of a number of wealthy individuals who cashed a cheque for 97 pence sent to them by Bizarre magazine in 2001.[2][14]

References

  1. 1 2 3 4 5 "Forbes profile: Bruno Schroder & family". Forbes. Retrieved 30 August 2018.
  2. 1 2 3 4 5 Rosser, Nigel (20 March 2002). "Bank Baron enjoys a life less grand". Evening Standard. Retrieved 2014-06-17.
  3. "SCHRODERS PLC - Officers (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 2016-09-10.
  4. "Bruno Schroder & family". Forbes. Retrieved 2018-10-03.
  5. 1 2 Christine Seib. "Business big shot Bruno Schroder." The Times, London, 24 May 2007: pg 55.
  6. "Bruno Lionel Schroder". Debrett's. Retrieved 2014-06-17.
  7. "Higgs Boson Scientist Awarded Heriot-Watt honorary degree". Heriot-Watt University. Retrieved 2016-03-29.
  8. "The 23 biggest donors to the 'Remain' campaign against Brexit". Business Insider. Retrieved 2018-10-03.
  9. 1 2 Banking Editor, Katherine Griffiths (17 August 2018). "Schroders considering board seat for daughter Leonie Fane". Retrieved 30 August 2018 via www.thetimes.co.uk.
  10. "Bank Baron enjoys a life less grand". Evening Standard. Retrieved 2018-10-03.
  11. "Woman told to stay away from baron". Retrieved 2018-10-03.
  12. "Schroder family plans board role for daughter in succession". citywire.co.uk. Retrieved 30 August 2018.
  13. "The Dunlossit And Islay Community Trust - Company Profile - Endole". suite.endole.co.uk. Retrieved 2018-10-03.
  14. Norman, Matthew (5 April 2001). "The Guardian Diary". The Guardian. Retrieved 2014-08-15.
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