Michael Bruce (entrepreneur)

Last updated
Michael Bruce
BornJune 1973 (age 50) [1]
NationalityBritish
Known forCo-founder and CEO of Purplebricks
SpouseIsabel Bruce
Children5
RelativesKenny Bruce (brother)

Michael Bruce (born 28 June 1973) is a British entrepreneur, and the co-founder and ex CEO of the online estate agent Purplebricks. [2]

After studying Law in Southampton, Bruce embarked upon a legal career before purchasing Midlands estate agent Burchell Edwards with his brother Kenny in 2006, eventually selling it to Connells in 2011. [3]

Together with his brother they would go on to found Purplebricks in 2012, with the company floating on the Alternative Investment Market in December 2015 for $300m and increased in value to over $1billion before falling back to £300m by May 2019.[ citation needed ] Purplebricks has launched in the UK, Australia and the US and raised £100m from Axel Springer.[ citation needed ] In May 2019, Michael stepped down from his role as Chief Executive.

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Kenny Bruce may refer to:

References

  1. "Michael Patrick Douglas BRUCE". Companies House . Retrieved 24 July 2017.
  2. "From idea to IPO in three years and a $billion business: Purplebricks founder Michael Bruce". City A.M. Retrieved 24 July 2017.
  3. "Michael Bruce: The entrepreneur behind Purplebricks who's shaking the foundations of estate agency". London Evening Standard . Retrieved 24 July 2017.