Peter Hargreaves’s profile picture

Peter Hargreaves

Peter Hargreaves’s profile picture
Net worth 2018: $3.89 Billion
Residence: Bristol, United Kingdom
BirthDay: 5 October 1946
Sigh: Scorpio
Children: 2
BIOGRAPHY

Peter Hargreaves was bornon 5 October 1946 in Bristol, United Kingdom, United Kingdom. Peter Hargreaves is #577 in List Billionaires People In The World. From his spare bedroom in Bristol, England, Peter Hargreaves and pal Stephan Lansdown founded an eponymous financial-services firm in 1981. Both are billionaires today, and Hargreaves Lansdown controls $70 billion in assets under management with 876,00 clients. Hargreaves, a chartered accountant for businesses like KPMG before starting his company, is the executive director. Hargreaves was cited as the largest donor last year in favor of Brexit, having given over $3.7 million

NET WORTH STATISTIC
2012

$1.3 Billion

2013

$2.3 Billion

2014

$3.8 Billion

2015

$2.8 Billion

2016

$2.9 Billion

2017

$2.8 Billion

2018

$3.89 Billion

TIMELINE
Peter Kendal Hargreaves CBE (born 5 October 1946) is an English co-founder with Stephen Lansdown of Hargreaves Lansdown, one of the United Kingdom's largest financial services businesses. He is a shareholder of Hargreaves Lansdown but no longer a director or employee.Hargreaves was born in Clitheroe and educated at Clitheroe Royal Grammar School in Lancashire.Trained as an accountant, Peter Hargreaves initially worked as a computer salesman. 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. He was succeeded as CEO by Ian Gorham. He is reportedly now worth £2,315 million according to the Sunday Times Rich List 2017, making him the 51st richest person on the list. Hargreaves joined the board of ITM Power in February 2004 as a non-executive director: he has invested heavily in ITM Power. In March 2016 he joined the Leave.EU movement to campaign for the UK's exit from the European Union. In September 2017 Hargreaves announced a £25 million backing in Blue Whale Capital – a new asset management company set up by previous colleague, Stephen Yiu.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.Hargreaves financially supported the Leave.EU campaign in 2016, and wrote to 15 million UK householders asking them to support the leave campaign in the European Union membership referendum.Hargreaves said that the Brexit will lead to insecurity, which will turn out be very effective. His shares on the stock markets however went down about £400 million after the 2016 United Kingdom European Union membership referendum. Hargreaves answered that this fall may soon change, the companies in the FTSE 100 Index may turn out to be very profitable because of the referendum decision. Hargreaves said that Theresa May should reassure the three million EU nationals already in the UK that their current rights would be maintained.In 1986 he married Rosemary; they have one son and one daughter. They reside in a Georgian property in the West Country, where he grows his own vegetables. He owns three racehorses.
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