Julian Richer

Julian Richer
Born 1959 (age 58–59)
Residence near York, Yorkshire, England
Nationality British
Education Clifton College
Occupation Businessman
Known for Founder and owner of Richer Sounds
Net worth £160 million (2018)[1]
Spouse(s)
Rosie Richer (m. 1982)

Julian Richer (born 1959) is an English retailer, best known as the founder and 100% shareholder of Richer Sounds, the UK’s biggest hi-fi retailer. Richer has gained a reputation for his motivational style of management and his charitable activities.

Early life

Richer was born in 1959.[2]

His parents both worked for Marks & Spencer.[3]

Career

Richer's business career started at the age of 14 while he was still at school at Clifton College, Bristol, and he opened his first shop near London Bridge aged 19. This store in south London holds [4] the Guinness record for the highest sales per square foot of any retail outlet in the world.

He is a 51% shareholder of Audio Partnership, an electronics company designing, commissioning and distributing electronics to over 50 countries.

Richer developed his activities as a motivational adviser, and in the past advised some of the country's largest organisations at chief executive level on staff motivation, customer service, cultural change, communications and suggestion schemes. Although he had stepped back from this role it was announced by Marks and Spencer in March 2018 that he was advising them on cultural change[5] [6]. [7] His book, The Richer Way, is now in its fifth edition and was the best selling business book at WH Smith's when it was published in November 1995. In July 2017 Richer signed a deal with Penguin Random House to release the 6th edition in November 2017 together with a new book on Ethical Capitalism, which was published in May 2018.[8][9]He published his second book, Richer on Leadership, in January 1999.

Although not keen on public speaking, he was made the youngest ever Business Communicator of the Year for 1995. He has been awarded honorary doctorates by Kingston University in January 2002 and from Bournemouth University in 2003.

Charitable interests

Richer Sounds gives 15% of its profits to his charitable trust to distribute. He was the first Patron of The Big Issue Foundation, is patron of Irwell Valley Housing Association, an ambassador for Amnesty International and is a Vice President of the RSPCA.[10] From 1998 until 2006 he was a director of Duchy Originals, the Prince of Wales’ charitable trading company, and received an LVO (Lieutenant of the Royal Victoria Order) in 2007 in recognition of his work for them. He is the founder and a trustee of ACTS 435, a national initiative to help those in need, which was launched successfully at the York Synod by the Archbishop of York John Sentamu, in June 2010. In 2013 he founded and funded a charity 'ASB Help' working for the victims of anti-social behaviour, which was launched in October of that year, dedicated to the memory of Fiona Pilkington and her daughter Francecca. He is particularly interested and active in the areas of both human rights and animal welfare.

He is also keen to help musicians via his Richer Unsigned project.

Personal life

Richer married Rosie, a model, in 1982.[11][12] They live near York in Yorkshire, England.[3][12]

In his spare time, Richer plays the drums in the soul/funk/pop group, Ten Millennia.

References

  1. ↑ Wood, Zoe (27 May 2018). "Richer Sounds boss launches crusade to expose tax avoiders". the Guardian. Retrieved 29 June 2018.
  2. ↑ John L. Thompson (2001). Understanding Corporate Strategy. Cengage Learning EMEA. pp. 431–432. ISBN 1-86152-755-1. Retrieved 27 May 2018.
  3. 1 2 "UK: Ninety-five per cent of this man's staff say they love working for him. What's his secret?". Retrieved 27 May 2018.
  4. ↑ "Greatest sales per unit area annually". Retrieved 27 May 2018.
  5. ↑ "M&S hires Julian Richer to advise on workplace culture". Retrieved 27 May 2018.
  6. ↑ Wood, Zoe (22 March 2018). "Marks & Spencer recruits industry veteran to turn around food halls". the Guardian. Retrieved 27 May 2018.
  7. ↑ "M&S boss turns to hi-fi entrepreneur to amp up profits". Retrieved 27 May 2018.
  8. ↑ "Richer Sounds founder argues for 'ethical capitalism' with PRH - The Bookseller". www.thebookseller.com. Retrieved 27 May 2018.
  9. ↑ "Bosses discover it pays dividends to put workers first". Retrieved 24 June 2018.
  10. ↑ "Our patrons, vice-presidents and celebrity supporters - RSPCA". Retrieved 27 May 2018.
  11. ↑ "High fidelity: Julian Richer rewards staff loyalty with holiday homes". Retrieved 27 May 2018.
  12. 1 2 "A vintage future". Retrieved 27 May 2018.
  1. Richer, Julian. The Richer Way, Revised Edition, First Published in Great Britain by Richer Publishing, 1995. ISBN 978-0-9534415-2-5
  2. Richer, Julian. Richer on Leadership, Revised Edition, First Published in Great Britain by Richer Publishing, 1999. ISBN 0-9534415-0-4
  1. Richer Sounds
  2. Audio Partnership
  3. Richer Unsigned
  4. ASB Help
  5. ACTS 435
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