Peter Simon (businessman)

Last updated

Peter Simon
Born
Peter Simon

August 1949 (age 73–74)
Ceylon (now Sri Lanka)
NationalityBritish
OccupationBusinessman
Known forFounder of Monsoon Accessorize
Spouse
Kate Simon
​
​
(m. 1977;div. 2000)​
Children6

Peter Simon (born August 1949) [1] is a British businessman who is the founder and owner of fashion retailer Monsoon Accessorize.

Contents

According to The Sunday Times Rich List, Simon has a net worth of £480 million. [2]

Early life

Born in Sri Lanka, he was educated at boarding school before going on to live in a naturist community in Ibiza. [3]

On a road trip from London to Rajasthan, India via Turkey, Iran and Afghanistan, he has said he was inspired by the colour and local fashion. [4]

Career

In 1973, Simon started out selling woollen coats on Portobello Market, London. [5] A year later Simon opened Monsoon's first physical outlet in Beauchamp Place, London. [6]

The retail chain was originally known for retailing hippie clothes before Simon re-positioned the company as a mainstream female fashion brand. [7]

In 1984, Simon opened the first branch of accessories retailer Accessorize. [4] In 1989, Simon floated the combined company. [7]

In 2007, Simon bought back all shares in the company held by external investors to become 100 percent owner. He had previously tried to acquire these shares in 2003 and 2004. [8]

In 2014, Simon invested in homewear brand Loaf. [9]

Personal life

He married Kate Simon in 1977. [10] The couple divorced in 2000. [11] In 2017, his son George Simon, a property developer, was involved in a fatal car crash. [5] He previously dated actress Jane Seymour. [3] He has had six children. [3]

A contemporary art collector, he is a trustee of the Tate Gallery. [12] He started the Monsoon Art Collection in 2000. [13]

In 2015, it was reported that he was planning to knock five homes into one in Chelsea, London, which was met with local dissent. [14]

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References

  1. ↑ "Peter SIMON - Personal Appointments (free information from Companies House)". beta.companieshouse.gov.uk. Retrieved 13 February 2019.
  2. ↑ "Login". login.thesundaytimes.co.uk. Retrieved 13 February 2019.[ dead link ]
  3. 1 2 3 Mills, Eleanor (6 January 2013). "Many hippie returns". The Sunday Times. ISSN   0956-1382 . Retrieved 13 February 2019.
  4. 1 2 Killgren, Lucy (28 September 2007). "Troubled waters divide Monsoon and City". Financial Times. Retrieved 31 May 2019.
  5. 1 2 "Monsoon boss Peter Simon heartbroken by death of son". HELLO!. 6 October 2017. Retrieved 13 February 2019.
  6. ↑ "Second-attempt at float to value Monsoon's founder at pounds 300m" . The Independent. 17 December 1997. Archived from the original on 26 May 2022. Retrieved 31 May 2019.
  7. 1 2 "Unorthodox style serves Monsoon well". Financial Times. 28 September 2007. Retrieved 13 February 2019.
  8. ↑ Kollewe, Julia (28 September 2007). "Monsoon founder wins fight to go private". The Guardian. ISSN   0261-3077 . Retrieved 13 February 2019.
  9. ↑ "Monsoon founder invests in Loaf". www.furniturenews.net. Retrieved 13 February 2019.
  10. ↑ ""After the Monsoon; Peter and Kate Simon Created Monsoon and Accessorize. Now It's Their Daughters' Turn to Sparkle on the Silk Route, Says Tara Fischer" - The Evening Standard (London, England), November 4, 2005". Archived from the original on 14 February 2019.
  11. ↑ Helliker, Adam (26 August 2007). "A stormy time, Mr Monsoon". Express.co.uk. Retrieved 13 February 2019.
  12. ↑ "No sharks, please, we're British". The Economist. 6 December 2001. ISSN   0013-0613 . Retrieved 13 February 2019.
  13. ↑ "Peter Simon -". ARTnews. Retrieved 13 February 2019.
  14. ↑ Sawer, Patrick (27 October 2015). "Monsoon owner's mega-basement angers neighbours". ISSN   0307-1235 . Retrieved 13 February 2019.
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