Ben Goldsmith

Last updated

Ben Goldsmith
Born
Benjamin James Goldsmith

(1980-10-28) 28 October 1980 (age 43)
London, England
Education Eton College
Occupation(s)Financier and environmentalist
Spouses
Kate Rothschild
(m. 2003;div. 2013)
Jemima Jones
(m. 2014)
Children7
Parents
RelativesSee Goldsmith family

Benjamin James Goldsmith (born 28 October 1980) is an English financier and environmentalist. [1] The son of financier James Goldsmith and Lady Annabel Goldsmith he is founder and CEO of London-listed investment firm Menhaden, which focuses on the theme of energy and resource efficiency.

Contents

Previously he co-founded the sustainability-focused investment firm WHEB, whose private equity business split away in 2014 and now trades under the name Alpina Partners. He has used his personal wealth to support both philanthropic and political projects in the area of the environment and sustainability.

Early life

Goldsmith was born in London and is the youngest child of the late billionaire James Goldsmith, a member of the prominent Jewish Goldsmith family, and his third wife Lady Annabel Vane-Tempest-Stewart. [2] He has an older sister, Jemima Goldsmith; an older brother, Zac Goldsmith; and several half-siblings. Influenced by his older brother Zac, he has a passion for the environment inherited from their father, who, towards the end of his life, was one of Europe's most prominent founders of green causes, including campaigns against genetically modified food. [3] His uncle Teddy Goldsmith was a co-founder of the Green Party UK and also of The Ecologist . [4] [5] :228–9

Education

Goldsmith attended Eton College, an independent English public school, and like his billionaire father, did not attend university. [6]

Career

Goldsmith began his career at private client stockbroker Hargreave-Hale and Co. Ltd., now part of Canaccord Genuity.

In 2003, [7] he co-founded WHEB Asset Management, a sustainability-themed investment management firm. As well as providing venture capital to the European clean technology sector, [8] WHEB established a listed equities fund management business. In 2014, he oversaw the demerger of WHEB's private and listed equity businesses, with the former rebranding Alpina Partners.

In 2015, Goldsmith launched Menhaden Resource Efficiency Plc, a London-listed thematic investment trust focused on the efficient use of energy and resources. [9]

He was described by London's Evening Standard in 2011 as "the quiet force of the Goldsmith family... believed to be a key figure in looking after the family finances." [8]

Goldsmith is a co-founder of upmarket betting firm Fitzdares. [10]

In May 2023, he published his memoir, God Is An Octopus: Loss, Love and A Calling to Nature (Bloomsbury Publishing). The book explored how, struggling to comprehend the shocking death of his teenage daughter Iris, Goldsmith found solace, meaning and hope in the dramatic rebounding of nature on his Somerset farm.

Environmental activity

In 2003, Goldsmith co-founded the UK Environmental Funders Network (EFN), along with Jon Cracknell. [11] [12] [13] He described EFN as being "designed to facilitate discussion and foster collaboration" among those interested in funding environmental initiatives, particularly those addressing large-scale problems like global warming. [14] As part of its work EFN gathers information on environmental giving and disseminates it via its "Where Green Grants Went" report. [15] :34 The network aims to help trusts, foundations and individuals to support environmental causes effectively. [16]

Through JMG Foundation, the family foundation that Goldsmith chairs, [11] [12] he is also directly involved in activist environmental philanthropy. [13] [14]

In 2001, the JMG Foundation made the first donation to what was then Carbon Disclosure Project, now CDP (www.cdp.net). Goldsmith was a trustee of CDP from 2014 to 2015.

In 2008, Goldsmith set up The Conservation Collective, a growing global network of local environmental foundations rooted in their communities covering regions from Devon and Tuscany, islands such as Mallorca, Ibiza and Formentera and Lamu and countries including Pakistan and Barbados. By 2022, the group had raised £6.6 million pounds to protect and restore nature. [17]

Since 2010, he has developed a reputation for providing strategic and financial support to disruptive environmental leaders such as Derek Gow, who has led work to restore formerly missing native species to Britain, including beavers, water voles, white storks and wild cats." [18]

In 2016, Goldsmith was appointed a trustee of the Children's Investment Fund Foundation, one of the largest environmental foundations in Europe, founded by financier and philanthropist Chris Hohn. [19]

In 2017, he participated in Forces for Nature, a major report released by EFN. The report aimed to encourage more philanthropists to support environmental issues and explores how environmental contributors can be more effective. [20]

In 2018, he was appointed non-executive director [21] at the Department for Environment, Food and Rural Affairs. This proved controversial as he had previously donated cash to Conservative MP Michael Gove's Surrey Heath constituency [22] and the selection process for the job was overseen by Sir Ian Cheshire, who is chairman of Goldsmith's investment firm, Menhaden. [22] Complaints about the appointment included comments that Goldsmith is a member of the "urban elite", and that though interested in the environment he had no experience with environmental issues facing farmers in the United Kingdom. [23]

As a non-executive director of DEFRA, Goldsmith played a leading role in the design and passing of the Agriculture Act 2020. The Act replaces unconditional subsidies for farming, under the EU's Common Agriculture Policy, with a new Environmental Land Management Scheme which rewards farmers directly for the stewardship and restoration of soil and nature. [24]

In 2019, Goldsmith was one of the first funders to support Beaver Trust, a new national charity for beavers. Goldsmith helped to advance government policy to recognise beavers as a native species and give them legal protected status in England in 2022." [25] Working with James Wallace of the Beaver Trust, in 2021 Goldsmith helped instigate a progressive nature restoration programme, a farm payment scheme 'Woodlands for Water' to pay landowners to create thousands of hectares of new woodland buffers along rivers through a partnership between Defra, Forestry Commission and four NGOs, National Trust, Woodland Trust, Rivers Trust and Beaver Trust." [26]

In 2021, he established the Nattergal real estate company with Sir Charles Burrell and Peter Davies. The aim of Nattergal is to acquire agriculturally marginal land on which to facilitate nature recovery at scale using rewilding, based upon the learning of over 20 years at Knepp Wildland, while demonstrating a sustainable financial return. Nattergal's first site is Boothby Lodge Farm, a 605 hectare low grade arable farm in Lincolnshire." [27]

In 2021, Goldsmith persuaded London Mayor Sadiq Khan to establish the Rewilding London taskforce. Upon his appointment as vice chair of the new taskforce, Goldsmith said "From green rooftops to pocket parks, nest boxes for peregrines and swifts, rewiggling streams and reintroducing long lost native species, our plan is to weave wild nature back through the very fabric of our city." [28]

Politics

Goldsmith has been a funder of the Green Party, including giving £20,000 in 2004 to the UK Green Party and again prior to the 2010 General Election in which Caroline Lucas became Britain's first elected Green Member of Parliament. [29] In subsequent years, Goldsmith has also contributed to the UK Conservative Party as well as individual candidates including Conservative MP Michael Gove and the so-called "Notting Hill set of Conservative modernisers".

He is chair of the Conservative Environment Network (CEN) which he co-founded in 2010. [30] The CEN seeks to raise the issue of environmental protection up the agenda of the UK Conservative Party. [12] By 2021, the CEN parliamentary caucus had grown to comprise more than 130 MPs. [31]

At a talk at the UK Centre for Jewish Life in 2013, Goldsmith said that a Zionist is simply someone who believes that the Jews have a right to have their own state in Israel, and therefore described himself as an "ardent Zionist." [32]

In 2016, he campaigned for his brother Zac Goldsmith who was running for mayor of London. [33]

Goldsmith was a key signatory to a petition sent to Prime Minister Theresa May and Michael Gove urging them to ban all crop spraying and pesticide use in UK rural residential areas. [34]

Personal life

On 20 September 2003, at St Mary's Church in Bury St Edmunds, Goldsmith married heiress Kate Emma Rothschild (b. 1982), the daughter of the late Amschel Rothschild and his wife, Anita Patience Guinness, of the Guinness Brewery family. [35]

The couple were married for nine years and had three children: Iris Annabel (2004–2019), Frank James Amschel (b. 2005) and Isaac Benjamin Victor (b. 2008).[ citation needed ] On 2 June 2012, it was reported that Rothschild, a music producer, had been having an extramarital affair with rapper Jay Electronica for a year. [36] In the same month, he was arrested for domestic violence against his wife before being released without charge. Goldsmith later announced that he was filing for divorce citing his wife's adultery. They divorced in April 2013. [37]

Goldsmith married Jemima Jones in 2014. She runs the catering company Tart London and the restaurant Wild by Tart. [38] The couple have four children: Eliza Margot (b. 2016), Arlo Edward Zac (b. 2017), Vita Iris (b. 2020), and Vincent Oliver Robin (b. 2022). [39]

Since 2009, Goldsmith and his family have owned a former dairy farm, Cannwood, in North Brewham, Somerset, which is managed to support nature-friendly farming and rewilding. On 8 July 2019, Goldsmith's 15-year-old daughter, Iris, died in a quad bike accident at the farm. [40] Part of the land at Cannwood is now a memorial stone circle for Iris. [41]

Ancestry

Related Research Articles

<span class="mw-page-title-main">Department for Environment, Food and Rural Affairs</span> Ministerial department of the UK Government

The Department for Environment, Food and Rural Affairs (DEFRA) is a department of His Majesty's Government in the United Kingdom responsible for environmental protection, food production and standards, agriculture, fisheries and rural communities in the entire United Kingdom. Concordats set out agreed frameworks for co operation, between it and the Scottish Government, Welsh Government and Northern Ireland Executive, which have devolved responsibilities for these matters in their respective nations.

<span class="mw-page-title-main">John Gummer</span> British politician (born 1939)

John Selwyn Gummer, Baron Deben, is a British Conservative Party politician, formerly the Member of Parliament (MP) for Suffolk Coastal and now a member of the House of Lords. He was Conservative Party Chairman from 1983 to 1985 and held various government posts including Secretary of State for the Environment from 1993 to 1997.

<span class="mw-page-title-main">Michael Gove</span> British politician (born 1967)

Michael Andrew Gove is a British politician serving as Secretary of State for Levelling Up, Housing and Communities and Minister for Intergovernmental Relations since October 2022, having previously held both offices from September 2021 to July 2022. He has been Member of Parliament (MP) for Surrey Heath since 2005. A member of the Conservative Party, he has also served in various Cabinet positions under Prime Ministers David Cameron, Theresa May, Boris Johnson and Rishi Sunak. Gove has twice run to become Leader of the Conservative Party, in 2016 and 2019, finishing in third place on both occasions. Apart from a period of just over one year, he has served continuously in the Cabinet since 2010.

Natural England is a non-departmental public body in the United Kingdom sponsored by the Department for Environment, Food and Rural Affairs. It is responsible for ensuring that England's natural environment, including its land, flora and fauna, freshwater and marine environments, geology and soils, are protected and improved. It also has a responsibility to help people enjoy, understand and access the natural environment.

<span class="mw-page-title-main">Richmond Park (UK Parliament constituency)</span> Parliamentary constituency in the United Kingdom

Richmond Park is a constituency in Greater London represented in the House of Commons of the UK Parliament. Since 2019, its Member of Parliament (MP) has been Sarah Olney of the Liberal Democrats.

<span class="mw-page-title-main">Zac Goldsmith</span> British politician and journalist (born 1975)

Frank Zacharias Robin Goldsmith, Baron Goldsmith of Richmond Park, is a British politician, life peer and journalist who served as Minister of State for Overseas Territories, Commonwealth, Energy, Climate and Environment from September 2022 to June 2023. A member of the Conservative Party, he was its candidate at the 2016 London mayoral election and was Member of Parliament (MP) for Richmond Park from 2010 to 2016 and 2017 to 2019. Ideologically characterised as having liberal and libertarian views, he is known for his support for environmentalism and localism.

Sheherazade Ventura Goldsmith is a British environmentalist, jeweller and columnist.

<i>The Ecologist</i> Scientific journal

The Ecologist is a British environmental journal, then magazine, that was published from 1970 to 2009. Founded by Edward Goldsmith, it addressed a wide range of environmental subjects and promoted an ecological systems thinking approach through its news stories, investigations and opinion articles. The Ecologist encouraged its readers to tackle global issues on a local scale. After cessation of its print edition in July 2009, The Ecologist continued as an online magazine. In mid-2012, it merged with Resurgence magazine, edited by Satish Kumar, with the first issue of the new Resurgence & Ecologist appearing in print in September 2012. The Ecologist was based in London.

<span class="mw-page-title-main">David Mayer de Rothschild</span> British adventurer and ecologist (born 1978)

David Mayer de Rothschild is a British adventurer, environmentalist, film producer, and heir to the Rothschild fortune.

Adolphe Benedict Hayum Goldschmidt was co-inheritor of the Goldschmidt family bank in Frankfurt am Main, Germany.

Amschel Mayor James Rothschild was a British businessman who was the executive chairman of Rothschild Asset Management of the Rothschild banking family of England.

<span class="mw-page-title-main">Tony Juniper</span> British writer, environmentalist and conservationist

Anthony Juniper is a British campaigner, writer, sustainability adviser and environmentalist who served as Executive Director of Friends of the Earth, England, Wales and Northern Ireland. He was Vice Chair of Friends of the Earth International from 2000 to 2008.

<span class="mw-page-title-main">Jemima Goldsmith</span> British journalist and producer

Jemima Marcelle Goldsmith, known professionally by her former married name Jemima Khan, is an English journalist and screenwriter. She is the founder of Instinct Productions, a television production company. As a journalist, she was an associate editor for the British political and cultural magazine The New Statesman and also served as the European editor-at-large for the American magazine Vanity Fair.

Sir Charles Raymond Burrell, 10th Baronet is an English landowner, conservationist and founder of the Knepp Wildland, the first large-scale lowland rewilding project in England, which was created in the early 2000s when he stopped conventional farming on 3,500 acres (1,400 ha) of land surrounding the ancestral family home at Knepp Castle in West Sussex.

<span class="mw-page-title-main">Ben Elliot</span> British businessman (born 1975)

Sir Benjamin William Elliot is a British businessman and fund-raiser for the Conservative Party who served as Co-Chairman of the Conservative Party from July 2019 alongside James Cleverly (2019–2020), Amanda Milling (2020–2021), Oliver Dowden (2021–2022), and Andrew Stephenson (2022) before resigning on 5 September 2022. In 2018, Elliot was appointed by Michael Gove, the secretary of state for the environment, as the UK government's first Food Surplus and Waste Champion. Elliot is the co-founder of the Quintessentially Group, a global luxury concierge service, and the co-founder of Hawthorn Advisors, a communications consultancy based in London. He is a nephew of Queen Camilla.

<span class="mw-page-title-main">2016 London mayoral election</span> 2016 election for the Mayor of London

The 2016 London mayoral election was held on 5 May 2016 to elect the Mayor of London, on the same day as the London Assembly election. It was the fifth election to the position of mayor, which was created in 2000 following a referendum in Greater London. The election used a supplementary vote system.

<span class="mw-page-title-main">2016 Richmond Park by-election</span> UK parliamentary by-election

On 1 December 2016, a by-election was held in the UK parliamentary constituency of Richmond Park. It was triggered by the resignation of the Conservative Member of Parliament Zac Goldsmith on 25 October 2016 over the Government's proposal for a third runway at the nearby Heathrow Airport. It was won by Sarah Olney of the Liberal Democrats, after a campaign focused on opposition to Brexit.

<span class="mw-page-title-main">Alastair Driver</span> English conservationist, rewilder and explorer

Alastair James Driver FCIEEM is an English ecologist, conservationist and rewilding specialist. He is an Honorary Professor of Applied Environmental Management at the University of Exeter. He was the National Conservation Manager for the Environment Agency and was appointed as Director of Rewilding Britain in 2017. He is the creator and voluntary warden of Ali's Pond Local Nature Reserve in Sonning, Berks, which carries his name.

<span class="mw-page-title-main">Knepp Wildland</span> English rewilding project

Knepp Wildland is the first major lowland rewilding project in England. It comprises 1,400 hectares of former arable and dairy farmland in the grounds of Knepp Castle, in West Sussex, England.

<span class="mw-page-title-main">Sea rewilding</span> Environmental conservation activity

Sea rewilding is an area of environmental conservation activity which focuses on rewilding, restoring ocean life and returning seas to a more natural state. Sea rewilding projects operate around the world, working to repopulate a wide range of organisms, including giant clams, sharks, skates, sea sturgeons, and many other species. Rewilding marine and coastal ecosystems offer potential ways to mitigate climate change and sequester carbon. Sea rewilding projects are currently less common than those focusing on rewilding land, and seas are under increasing stress from the blue economy – commercial activities which further stress the marine environment.

References

  1. "Ben Goldsmith's Official Profile on The Marque".
  2. Billionaire: The Life and Times of Sir James Goldsmith by Ivan Fallon
  3. Wheeler, Brian (11 January 2006). "Interview: Zac Goldsmith". BBC News.
  4. Nilima Choudhury for Responding to Climate Change. 19 August 2013 Ben Goldsmith: it's possible to be green and conservative Archived 30 June 2015 at the Wayback Machine
  5. Meredith Veldman. Fantasy, the Bomb, and the Greening of Britain. Cambridge University Press, 1994. ISBN   978-0521440608
  6. Edwardes, Charlotte. "Ben Goldsmith comes clean: lies, rewilding and the death of daughter Iris". The Times . ISSN   0140-0460 . Retrieved 11 September 2022.
  7. Alex Blackburne for Blue & Green Tomorrow. 27 January 2014 Leading sustainable investor WHEB on its new branding
  8. 1 2 Christopher Silvester. Evening Standard. 13 May 2011 "The Goldsmith supremacy: London's most compelling dynasty"
  9. Farrell, Sean (10 July 2015). "Ben Goldsmith launches Menhaden green investment trust". The Guardian. ISSN   0261-3077 . Retrieved 24 April 2023.
  10. London, Luxury (16 August 2018). "Balthazar Fabricius, of Fitzdares Bookmakers, on putting the glamour back into gambling". Luxury London. Retrieved 24 April 2023.
  11. 1 2 Alex Blackburne for Blue & Green Tomorrow. 27 January 2014 Ben Goldsmith on fixing the environmental crisis through philanthropy
  12. 1 2 3 World Economic Forum. Benjamin Goldsmith profile at World Economic Forum Page accessed 27 June 2015
  13. 1 2 Bloomberg Ben Goldsmith profile at Bloomberg Page accessed 27 June 2015
  14. 1 2 Ben Goldsmith for Philanthropy U.K. Magazine. 23 August 2010. Philanthropy in a climate of change
  15. Intelligent Funding Forum. March 2012 Funding for the future: how all grant-makers can help to create a greener world Archived 30 June 2015 at the Wayback Machine
  16. "People".
  17. "The Conservation Collective – About Us". The Conservation Collective. Retrieved 10 September 2022.
  18. "'It's going to be our way now': the guerrilla rewilder shaking up British farming". The Guardian. 4 September 2020. Retrieved 10 September 2022.
  19. admin. "BEN GOLDSMITH". Ciff. Retrieved 11 September 2022.
  20. "Philanthropists urged to catalyse environmental action". businessgreen.com. Retrieved 14 October 2018.
  21. Kleinman, Mark (1 March 2018). "Gove risks new Whitehall row over choice of DEFRA directors". Sky News. Retrieved 27 July 2018.
  22. 1 2 Vaughan, Richard (23 March 2018). "Michael Gove facing questions over appointment of Tory donor Ben Goldsmith to Defra board". I Newspaper. Retrieved 27 July 2018.
  23. Fisher, Lucy (31 May 2018). "Ben Goldsmith too urban for rural affairs, say Tory MPs". The Times. ISSN   0140-0460 . Retrieved 23 October 2018.
  24. Goldsmith, Ben (1 December 2020). "Leaving the EU's destructive Common Agricultural Policy enables an unprecedented win for nature in post-Brexit Britain". Reaction. Retrieved 24 April 2023.
  25. "WHO". Beaver Trust. Retrieved 10 September 2022.
  26. "Riverbanks and watercourses to be planted with new woodland". GOV.UK. Retrieved 10 September 2022.
  27. "Nattergal". Nattergal. Retrieved 10 September 2022.
  28. Horton, Helena (14 December 2021). "Sadiq Khan leads ambitious plans to rewild Hyde Park". The Guardian. ISSN   0261-3077 . Retrieved 24 April 2023.
  29. , by Alex Blackburne, Blue and Green, 7 August 2013.
  30. Ben Caldecott and Gavin Dick in the Telegraph. 10 Mar 2010 David Cameron's environmentalism will succeed where Labour's failed. Quote: "That is why the Conservative Environment Network, which launches today, has been formed. We are determined to support the current environmental leadership the Conservative Party is showing and to make the case to other Conservatives who may not recognise our Party’s proud environmental heritage."
  31. "Our Parliamentary Caucus". Conservative Environment Network. Retrieved 11 September 2022.
  32. Centre for Jewish Life. 3 July 2013. Ben Goldsmith: The Green Revolutionary. Entrepreneurship, Environment & Impressions from Israel Centre for Jewish Life Business Forum Archived 2 July 2015 at the Wayback Machine
  33. Steerpike (20 April 2016). "Ben Goldsmith gets behind his brother's campaign: 'back Zac or crack!' | The Spectator". www.spectator.co.uk. Retrieved 11 September 2022.
  34. "Is the new UK Agriculture Bill a triumph or a travesty?". The Ecologist. Retrieved 14 October 2018.
  35. Leppard, David. "Golden dynasties to merge down aisle". The Times . ISSN   0140-0460 . Retrieved 11 September 2022.
  36. "Ben Goldsmith admits Twitter spat with wife Kate Rothschild was wrong". The Telegraph. Retrieved 17 December 2020.
  37. "Ben Goldsmith and Kate Rothschild divorce is settled in 65 seconds". London Evening Standard. 25 April 2013.
  38. Smith, Ellie (1 April 2021). "Interview with Wild By Tart's Jemima Jones and Lucy Carr-Ellison". Country and Town House. Retrieved 11 September 2022.
  39. "Ben Goldsmith and wife Jemima welcome a baby girl". Tatler. 27 April 2021.
  40. "Iris Goldsmith: Father pays tribute to 'beautiful little girl'". BBC News. Somerset. 12 July 2019. Retrieved 30 June 2023.
  41. Higgins, Ria (4 November 2023). "'This piece of land is filled with life': Ben Goldsmith on the special place he created for his late daughter". Telegraph. Retrieved 6 November 2023.