Steve Lansdown | |
---|---|
Born | Stephen Philip Lansdown 30 August 1952 Bristol, England |
Education | Thornbury Grammar School |
Known for | Owner of Bristol City, Bristol Bears and Bristol Flyers |
Children | 2 |
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.
According to The Sunday Times Rich List in 2019, Lansdown is worth £1.72 billion. [1]
Educated at Thornbury Grammar School in Gloucestershire and trained as an accountant, [2] Lansdown started Hargreaves Lansdown trading from a bedroom in 1981. [3]
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. [4] He was reported in September 2012 to have announced his intention to quit Hargreaves Lansdown in November 2012. [5] Lansdown has a holiday home in the South of France. [2]
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 2013, he also bought basketball club Bristol Flyers. As of September 2015 his net worth was reported to be down to $1.88 billion. [6]
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%. [7]
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. [8] [9]
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. [10]
He is married with two children. [2]
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