Stefan King

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Stefan King (born 1962) is a Scottish entertainment and nightclub magnate who founded G1 Group. [1]

Contents

Early life

King was born in Glasgow [2] to a working-class Catholic father named George who was a bookmaker and then an alcoholic drinks retailer. [3] His Jewish mother Cynthia was a shop owner before going into business with George King. [3]

King received a private education, [3] finishing high school in 1980, aged 18 years. [4]

Career

In 1981, King launched Ildon Limited, before changing the travel company's name to Kwik Travel, [4] which was successful until 1987 when it went bankrupt. [3] King then opened two sandwich shops, both named No 1 Sandwich Street, before opening gay-nightclub Club X on Royal Exchange Square, Glasgow. [3] His company was called King City Leisure, before later changing the name to G1 Group. [5] Next King opened gay bars Delmonicas, then Cafe Latte and Polo Lounge. [3] King then opened Archaos nightclub, before selling it and opening the Corinthian pub, club and restaurant and then Arta restaurant. [3] During his time of ownership of Archaos, King was accused of breaching the Race Relations Act by the Commission for Racial Equality, with regards to the club's refusal of entry to asian men during a Glasgow Sheriff Court case about the matter. [6] [7] King called the claims "farcical" [5] and the claims were rejected by the court in 2000. [8]

In 2011, King bought the BBC Scotland former headquarters. [7]

Wealth

King is one of the wealthiest people in Scotland, [2] and was the 1,673rd wealthiest person in the United Kingdom in 2009, according to the Sunday Times Rich List. [9] His company, G1 Group, is Scotland's largest hospitality enterprise. [2] [3]

Personal life

King lived with his mother in 1999 [4] and was aged 58 in 2020. [2] He has a son named Sebastian King (born 11 February 2008).

King was described in The Scotsman newspaper as an unlikely pub magnate, as he does not drink alcohol, smoke cigarettes, nor gamble. [3]

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References

  1. ↑ "Five-star Scotsman Hotel in Edinburgh bought by entrepreneur Stefan King". BBC News. 2017-02-22. Retrieved 2024-06-06.
  2. 1 2 3 4 Currie, Gordon (2020-12-04). "One of Scotland's richest men escapes driving ban after speeding in flash car". Daily Record. Archived from the original on 2022-11-22. Retrieved 2022-11-22.
  3. 1 2 3 4 5 6 7 8 9 "The man who would be King". www.scotsman.com. 2002-03-06. Archived from the original on 2022-11-22. Retrieved 2022-11-22.
  4. 1 2 3 Smith, Steve (11 Feb 1999). "Millionaire nightclub owner who still lives at home with his mother. - Free Online Library". Daily Record. Archived from the original on 2022-11-22. Retrieved 2022-11-22.
  5. 1 2 "Club boss says racist claims are farcical". HeraldScotland. 15 Dec 1999. Archived from the original on 2022-11-22. Retrieved 2022-11-22.
  6. ↑ "BBC News | UK | Race test for top night club". news.bbc.co.uk. Archived from the original on 2022-11-22. Retrieved 2022-11-22.
  7. 1 2 "Leisure tycoon King buys former BBC headquarters". HeraldScotland. Archived from the original on 2022-11-22. Retrieved 2022-11-22.
  8. ↑ "BBC News | UK | Night-club boss 'was not racist'". news.bbc.co.uk. Archived from the original on 2022-11-22. Retrieved 2022-11-22.
  9. ↑ "Stefan King". The Times . ISSN   0140-0460. Archived from the original on 2022-11-22. Retrieved 2022-11-22.
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