 | This article contains wording that promotes the subject through exaggeration of unnoteworthy facts .(September 2021) |
Bruce Ritchie | |
|---|---|
| Born | Bruce Weir Ritchie February 1965 (age 59) |
| Nationality | British |
| Education | Dulwich College |
| Occupation(s) | Property developer and landlord |
| Title | Owner and CEO, Residential Land Group |
| Spouse | Shadi Ritchie |
| Children | 2 |
| Parent |
|
Bruce Weir Ritchie (born February 1965) is a British property developer and residential landlord, and the owner of the Residential Land Group.
Bruce Weir Ritchie was born in February 1965. [1] He was educated at Dulwich College where he was a contemporary of Nigel Farage. [2] He is the son of professor H. David Ritchie, a leading surgeon in the 1980s at the Royal London Hospital and Dean of the Medical College, and his wife Jennifer Prentice, a State School teacher. His older brothers are a Queen's Counsel and a scientist. [3] [4]
Ritchie was brought up in Dulwich, South London.
Ritchie left school after A levels and joined Harrods as a management trainee. [2] He bought his first properties whilst still working for Harrod's. [2]
In 1991, Ritchie founded Residential Land Limited and is its CEO. [2] The company grew strongly in the 1990s and 2000s. Ritchie through his Residential Land Group of 163 companies owns around 1,200 privately rented properties in prime central London and Mayfair. [5]
In the early 2000s Ritchie had a business partnership with the chef Marco Pierre White and his business partner Jimmy LaHood [6] in relation to some central London restaurants.
Residential Land is one of the largest residential property companies in London. In 2016, Ritchie sold a block of 58 flats at Garden House, 86–92 Kensington Gardens Square, London W2, which he bought for "a low price" in 2001. [7]
In the same year, Residential Land was named Asset Manager of the Year at the RESI Awards 2016, organised by Property Week . [8]
In May 2016, Ritchie was named Entrepreneur of the Year at the PROPS Awards, a UK property industry awards event. [9]
In July 2017, Ritchie was ranked 28th in Property Week’s annual Power 100 list, having been described as a ‘consummate dealmaker’. [10]
Ritchie was one of the co-chairmen of the Presidents Club charitable trust, [11] which disbanded in 2018 after reports of sexual harassment and assault at its charity dinner. [12]
In January 2018, as a result of the media attention that the presidents Club received, the Canadian investment group, Ivanhoé Cambridge, and a major financial backer of Ritchie, announced that it would make no further investments with his company, Residential Land. [13]
Ritchie has been a staunch supporter of the Conservative Party throughout his adult life. In 2013, he and his wife Shadi donated £111,600 to the Conservative Party. [6] [14] As of 2018, the two had given the Conservative Party more than £750,000 personally and through their wholly owned company, Residential Land. [15]
Bruce Ritchie is married to Shadi [6] [14] and has two teenage children.
Ritchie alongside his wife Shadi are Event Chairs for the Elton John AIDS Foundation. Bruce was part of the committee that helped launch the first-ever Midsummer Party in July 2019, which raised $6m. [16] [ non-primary source needed ]
Mohamed Al-Fayed was a British-based Egyptian businessman, whose residence and primary business interests were in the United Kingdom from the mid-1960s. His business interests included ownership of the Hôtel Ritz Paris, and Harrods department store and Fulham Football Club, both in London. At the time of his death in 2023, Fayed's wealth was estimated at US$2 billion by Forbes.
Dulwich is an area in south London, England. The settlement is mostly in the London Borough of Southwark, with parts in the London Borough of Lambeth, and consists of Dulwich Village, East Dulwich, West Dulwich, and the Southwark half of Herne Hill. Dulwich lies in a valley between the neighbouring districts of Camberwell, Crystal Palace, Denmark Hill, Forest Hill, Peckham, Sydenham Hill, and Tulse Hill.
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James Allen's Girls' School, abbreviated JAGS, is a private day school situated in Dulwich, South London, England. It is the second oldest girls’ independent school in Great Britain - Godolphin School in Salisbury being the oldest, founded in 1726.
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