Steve Lansdown

Last updated • 2 min readFrom Wikipedia, The Free Encyclopedia

Steve Lansdown
Born
Stephen Philip Lansdown

(1952-08-30) 30 August 1952 (age 72)
Bristol, England
Education Thornbury Grammar School
Known forOwner of Bristol City, Bristol Bears and Bristol Flyers
Children2
Honours Commander of the Order of the British Empire (2017)

Stephen Philip Lansdown CBE (born 30 August 1952) is an English-born Guernsey billionaire. He co-founded the British financial services firm Hargreaves Lansdown with Peter Hargreaves. He is a founder of Bristol Sport and majority shareholder of Bristol Bears, Bristol Flyers, and Bristol City Football Club.

Contents

According to The Sunday Times Rich List in 2019, Lansdown is worth £1.72 billion. [1]

Career

Educated at Thornbury Grammar School in Gloucestershire and trained as an accountant, [2] Lansdown started Hargreaves Lansdown trading from a bedroom in 1981. [3]

During the 2008-09 Premiership Rugby season he began bankrolling Bristol Bears rugby club, then known as Bristol Rugby, when it looked to be going out of business. [4]

In April 2009, he sold a stake of 4.7% in Hargreaves Lansdown for a sum of £47.2million, which he put towards the cost of building Bristol City's new football stadium. [5]

According to Hargeaves Lansdown's notifiable director deals, on 7 October 2010 he sold (at 429.00p) 13,560,843.00 shares at a value of £58,176,016.47.

In 2012 he formalised his ownership of Bristol Rugby. [6]

In 2013, he also bought basketball club Bristol Flyers. As of September 2015 his net worth was reported to be down to $1.88 billion. [7]

Lansdown sold 2.2% of his shares in Hargreaves Lansdown in April 2020 at a total value of £160 million, which reduced his stake in the firm to 7%. [8]

In 2017, Bristol Rugby made New Zealand rugby international Charles Piutau the highest paid player in the history of the Premiership on a reported £1million per season contract facilitated by Lansdown. [9]

In 2018, under his ownership, Bristol Rugby moved their official home ground from the Memorial Ground to the home of Bristol City, Ashton Gate, and officially renamed the team to Bristol Bears. [10] The following season they won their first piece of silverware since returning to the top flight of English rugby defeating Toulon 32-19 to win the European Rugby Challenge Cup. [11]

In August 2020 it was announced that Lansdown would receive £18.6 million in dividends after Hargreaves Lansdown's profits increased by 24% to £378.3 million in the 12 months leading up to 30 June 2020. [12] [13]

In December 2024, Bristol Bears Women, also owned by Lansdown as part of Bristol Bears, signed Ilona Maher, the most followed rugby union player on social media in the history of the sport on an initial 3-month deal. [14]

Honours

Lansdown was appointed Commander of the Order of the British Empire (CBE) in the 2017 Birthday Honours for services to business and the community in Bristol. [15]

Family

He is married with two children. [2]

Related Research Articles

<span class="mw-page-title-main">Bath Rugby</span> English rugby union football club

Bath Rugby are a professional rugby union club in Bath, Somerset, England. They play in Premiership Rugby, England's top division of rugby. Founded in 1865 as Bath Football Club, since 1894 the club has played at the Recreation Ground in the city centre.

<span class="mw-page-title-main">Lakshmi Mittal</span> Indian steel magnate (born 1950)

Lakshmi Niwas Mittal is an Indian steel magnate, based in the United Kingdom. He is the executive chairman of ArcelorMittal, the world's second largest steelmaking company, as well as chairman of stainless steel manufacturer Aperam. Mittal owns 38% of ArcelorMittal and holds a 3% stake in EFL Championship side Queens Park Rangers.

<span class="mw-page-title-main">Patrice Motsepe</span> South African businessman (born 1962)

Patrice Tlhopane Motsepe is a South African billionaire businessman and football administrator. Since March 2021, he has been president of the Confederation of African Football. He is the founder and executive chairman of African Rainbow Minerals, which has interests in gold, ferrous metals, base metals, and platinum. He sits on several company boards, including being the non-executive chairman of Harmony Gold, the world's 12th largest gold mining company, and the deputy chairman of Sanlam. He serves on the Board of Trustees of the World Economic Forum.

Charlene de Carvalho-Heineken is a Dutch billionaire businesswoman, and the owner of a 25% controlling interest in the world's second-largest brewer, Heineken N.V. As of July 2024, Forbes estimated her net worth at US$14.1 billion.

<span class="mw-page-title-main">Bristol Bears</span> English rugby union football club

Bristol Bears are a professional rugby union club based in Bristol, England. They play in Premiership Rugby, England's top division of rugby.

<span class="mw-page-title-main">Ashton Gate (stadium)</span> Football stadium

Ashton Gate is a multi-use stadium in Ashton Gate, Bristol, England, and is the home of Bristol City F.C. and the Bristol Bears rugby union team. Located in the south-west of the city, just south of the River Avon, it currently has an all-seated capacity of 26,462.

Joseph C. Lewis is a British businessman and investor who holds a number of assets mainly through his Tavistock Group investment portfolio. He was previously the majority owner of ENIC Group, which is also the majority owner of Tottenham Hotspur Football Club, between 1991 until October 2022. Majority ownership was passed to the Lewis Family Trust in October 2022. The Trust is managed by two independent professional trustees on behalf of its beneficiaries. Lewis is not a beneficiary.

Neil Russell Woodford CBE is a former fund manager and the founding partner of the defunct Woodford Investment Management.

Hargreaves Lansdown plc is a British financial services company based in Bristol, England. It sells funds, shares and related products to retail investors in the United Kingdom. It is the largest investment platform in the UK. The company is listed on the London Stock Exchange and is a constituent of the FTSE 100 Index.

<span class="mw-page-title-main">Bristol Flyers</span> British professional basketball team

The Bristol Flyers are an English professional basketball team based in the city of Bristol. The Flyers compete in the Super League Basketball, after promotion from the English Basketball League in 2014. The team play their home games at the SGS WISE Arena. The Flyers' head coach is Andreas Kapoulas.

<span class="mw-page-title-main">Bristol City Stadium</span> Unbuilt stadium in Bristol, England

The Bristol City Stadium was a proposed football stadium, announced in November 2007, which would be built on land at Ashton Vale, Bristol, England, and would replace Ashton Gate Stadium as the home stadium of Bristol City F.C. Due to legal issues, the club cancelled the project, instead deciding to renovate Ashton Gate.

Peter Kendal Hargreaves CBE is an English co-founder with Stephen Lansdown of Hargreaves Lansdown, one of the United Kingdom's largest financial services businesses. He is a shareholder of Hargreaves Lansdown but no longer a director or employee. He is a partner in Blue Whale Capital, an investment boutique that was launched in 2017.

<span class="mw-page-title-main">Siale Piutau</span> Rugby player

Siale Piutau is a rugby union player who currently plays as a centre for Shimizu Koto Blue Sharks in the Japan Rugby League One. Although born and educated in New Zealand, he represented Tonga internationally from 2011 to 2019, winning 43 caps. Piutau was Tonga's captain for the 2019 Rugby World Cup and retired from international rugby after a win against the USA.

<span class="mw-page-title-main">Mike Cannon-Brookes</span> Australian businessman (born 1979)

Michael Cannon-Brookes is an Australian businessman who is the co-founder and chief executive officer of software company Atlassian.

<span class="mw-page-title-main">Charles Piutau</span> Rugby player

Salesi Tu'ipulotu Piutau, often known as Charles Piutau, is a professional rugby union player who plays as a fullback for Japan Rugby League One club Shizuoka Blue Revs.

Christopher Frederick Hill is a British businessman. He was CEO of Hargreaves Lansdown, a financial services company which is a constituent of the FTSE 250 Index.

Will Capon is an English professional rugby union player who plays at hooker for Premiership Rugby club Bristol Bears.

<span class="mw-page-title-main">Ilona Maher</span> American rugby player (born 1996)

Ilona Delsing Rosa Maher is an American rugby union player. As of December 2024, she has signed for Bristol Bears in the Premiership Women's Rugby league and will begin playing for them in January 2025. She won bronze with the United States in rugby sevens at the 2024 Paris Olympics.

Mohsin Issa CBE and Zuber Issa CBE are British-Indian billionaire brothers and businessmen who founded Euro Garages in 2001, a Blackburn-based operator of filling stations, convenience stores and food service providers across Europe, the United States and Australia. In October 2020, as part of a consortium with TDR Capital, the brothers became majority stakeholders in the British supermarket chain Asda. From August 2021 to September 2024, Mohsin served as Asda's chief executive.

References

  1. Times, The Sunday (12 May 2019). "Rich List 2019: profiles 53-100, featuring Mike Ashley and Bernie Ecclestone". The Times . ISSN   0140-0460 . Retrieved 12 September 2019.
  2. 1 2 Bristol's deadly duo hit the City, timesonline.co.uk, 6 May 2007.
  3. Sunday Times Rich List 2009, timesonline.co.uk; accessed 17 June 2017.
  4. Averis, Mike. "Steve Lansdown adds Bristol Rugby to ownership of Bristol City". The Guardian. Retrieved 1 December 2024.
  5. Leroux, Marcus (16 April 2009). "Share sale puts £47m in the back of Bristol City's net". The Times. London, UK. Archived from the original on 11 May 2009. Retrieved 17 June 2017.
  6. Averis, Mike. "Steve Lansdown adds Bristol Rugby to ownership of Bristol City". The Guardian. Retrieved 1 December 2024.
  7. "The World's Billionaires". Forbes Magazine. Retrieved 17 June 2017.
  8. "HL dives as Stephen Lansdown sells £160m stake". Wealth Manager. Retrieved 14 August 2020.
  9. Mairs, Gavin. "Exclusive: Bristol make Charles Piutau the world's highest paid player with £1m per season deal". The Telegraph. Retrieved 1 December 2024.
  10. "Bristol Bears – all you need to know". Bristol Bears. Retrieved 1 December 2024.
  11. "Challenge Cup throwback: Bears win maiden European title". Bristol Bears. Retrieved 1 December 2024.
  12. O'Dwyer, Michael (7 August 2020). "Hargreaves Lansdown founders to share £82m payout". The Telegraph. London. ISSN   0307-1235 . Retrieved 14 August 2020.
  13. "Hargreaves Lansdown sees business soar during coronavirus crisis". Evening Standard. 7 August 2020. Retrieved 14 August 2020.
  14. "Ilona Maher joins the PWR and signs for Bristol Bears". Bristol Bears. Retrieved 2 December 2024.
  15. "No. 61962". The London Gazette (Supplement). 17 June 2017. p. B9.