Stephen Lansdown

Stephen Philip Lansdown CBE (born 30 August 1952) is an English-born Guernsey billionaire. He co-founded the British financial services firm Hargreaves Lansdown with Peter Hargreaves. He is a founder of Bristol Sport and majority shareholder of Bristol Bears, Bristol Flyers, and Bristol City Football Club.

According to The Sunday Times Rich List in 2019, Lansdown is worth £1.72 billion.[1]

Career

Educated at Thornbury Grammar School in Gloucestershire and trained as an accountant,[2] Stephen Lansdown started Hargreaves Lansdown trading from a bedroom in 1981.[3]

In April 2009, he sold a stake of 4.7% in Hargreaves Lansdown for a sum of £47.2million, which he put towards the cost of building Bristol City's new football stadium.[4] He was reported in September 2012 to have announced his intention to quit Hargreaves Lansdown in November 2012.[5] Lansdown has a holiday home in the South of France.[2]

According to Hargeaves Landsdown's notifiable director deals, on 7-10-2010 Stephen P Lansdown, Non-Executive Director, sold (at 429.00p) 13,560,843.00 shares at a value of £58,176,016.47. In 2013, he also bought basketball club Bristol Flyers. As of September 2015 his net worth was reported to be down to $1.88 billion,.[6]

Honours

Lansdown was appointed Commander of the Order of the British Empire (CBE) in the 2017 Birthday Honours for services to business and the community in Bristol.[7]

Family

He is married with two children.[2]

References

  1. Times, The Sunday (12 May 2019). "Rich List 2019: profiles 53-100, featuring Mike Ashley and Bernie Ecclestone". ISSN 0140-0460. Retrieved 12 September 2019.
  2. Bristol's deadly duo hit the City, timesonline.co.uk, 6 May 2007.
  3. Sunday Times Rich List 2009, timesonline.co.uk; accessed 17 June 2017.
  4. Leroux, Marcus (16 April 2009). "Share sale puts £47m in the back of Bristol City's net". London, UK: The Times. Retrieved 17 June 2017.
  5. Buckland, Rob (6 September 2012). "Lansdown to quit Hargreaves Lansdown board". Bristol24-7. Retrieved 17 June 2017.
  6. "The World's Billionaires". Forbes Magazine. Retrieved 17 June 2017.
  7. "No. 61962". The London Gazette (Supplement). 17 June 2017. p. B9.
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