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Joe Lewis Net Worth

Joe Lewis net worth

What is Joe Lewis net worth?

NameJoseph C. Lewis
Net worth$5 billion
Date of birth5 February 1937
OccupationBusinessman and investor.
NationalityBritish

Joe Lewis net worth 2021: Joseph C. Lewis is a British businessman and an investor. He is the principal owner of English Premier league club Tottenham HotSpurs. Joe Lewis as he mostly called has a net worth of $5 billion making him one of the richest EPL owners. Through Tavistock, Lewis owns London Premiere League soccer team Tottenham and has a stake in U.K. pub operator Mitchells & Butlers.

Read The Richest Football Club Owners in the world

Early life

Lewis was born to a Jewish family above a public house in Roman Road, Bow, London. Lewis left school at 15 to help run his father’s West End catering business, Tavistock Banqueting. When he took the reins, he quickly expanded it by selling luxury goods to American tourists, and also owned West End club the Hanover Grand, where he gave Robert Earl his first job. He later sold the business in 1979 to make his initial wealth.

Currency trading

After selling the family business in the late 1970s, Lewis moved into currency trading in the 1980s and 1990s, resulting in his move to the Bahamas where he is now a tax exile.

 In September 1992, Lewis teamed up with George Soros to bet on the pound crashing out of the European Exchange Rate Mechanism. The event, which was dubbed Black Wednesday, made Lewis very wealthy, and some say he made more than Soros. Lewis is still an active foreign exchange trader.

Property

Lewis hosted the Tavistock Cup tournament every March from 2004 through 2013, in Florida, raising millions of dollars for charity, and owns three of the six clubs that competed in 2013: Albany, Lake Nona Golf & Country Club and Isleworth Golf & Country Club.

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Lewis built a golf community in the Bahamas called Albany, which opened in October 2010. Tiger Woods and Ernie Els are also major shareholders in the luxury resort community located in New Providence. Lewis made a £70 million investment in Bulgarian property development.

Lewis seeded Lake Nona, covering 7,000 acres next to Orlando’s international airport, with $100 million in gifts and land which was cultivated into a large-scale community offering research and educational facilities, hospitals for veterans and children, a town center, and a range of workspaces and residential options.

Bear Stearns

On 10 September 2007, Lewis paid US$860.4 million in an all-cash purchase of a 7% stake in Bear Stearns. By December 2007 Lewis had raised his stake at the brokerage firm to 9.4%, a total of 11 million shares, for which he paid an average price of $107 apiece. 

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After the purchase of Bear Stearns by JP Morgan for $10 a share, it was estimated that Lewis lost $1.16 billion on his investment.

Tavistock Group

Lewis is the main investor in Tavistock Group, which owns more than 200 companies in 15 countries. Tavistock Group’s portfolio includes:

  • Oil, gas and energy: BayCorp, Pampa Energia
  • Financial services
  • Restaurants: Freebirds World Burrito, Abe & Louie’s, Mitchells & Butlers plc, Zed451
  • Commercial property: Tamar Capital, Bulgarian Property Development
  • Private luxury residential property: Isleworth Golf & Country Club, Lake Nona Golf & Country Club
  • Resort property: Albany, Harmony Cove, The St. Regis Atlanta, Pier Sixty-Six Hotel & Marina.
  • Lake Nona Medical City
  • Life sciences
  • Sports teams: Tottenham Hotspur via ENIC Group. Formerly owned stakes in Glasgow Rangers F.C. and Slavia Prague.
  • Sporting events: Tavistock Cup, Isleworth Collegiate Invitational
  • Manufacturing and distribution: Top Outlet and puma

Joe Lewis Net Worth

Joe Lewis net worth is $5 billion. Joe is a prolific investor who has succeeded in most of the businesses he has ventured into. Contributing to Joe’s net worth also includes;  an art collection is estimated to be worth $1 billion, includes works by Picasso, Matisse, Lucian Freud, and sculptor Henry Moore.

 Lewis bought Francis Bacon’s Triptych 1974–1977 in 2008 for £26.3 million, then a record for postwar artwork bought in Europe. In November 2018 Joe Lewis sold his “Portrait of an Artist (Pool with Two Figures)” by David Hockney in Christie’s salesroom for $90.3 million.

NET WORTH

Rich Lesser Net Worth

Rich Lesser net worth

What is Rich Lesser net worth ?

Rich Lesser net worth: Richard “Rich” Lesser is an American businessman who has served as the CEO of American global management consultancy the Boston Consulting Group (BCG).

Early life and education

Lesser grew up in Pittsburgh, Pennsylvania during the 1970s, a time of economic hardship for the city due to the implosion of the steel industry at the time.

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He holds an MBA from Harvard Business School, where he was a Baker Scholar, and a bachelor’s degree in Chemical Engineering, summa com Laude, from the University of Michigan.

Career

Lesser started his career as a process development engineer and group leader at Procter & Gamble. In 1988, Lesser joined BCG as a consultant. He served as the head of the New York Metro office system from 2000 to 2009, and as BCG’s Chairman for North and South America from 2009 to 2012.

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 He was elected to the firm’s Executive Committee in 2006. Since joining BCG in 1988, Lesser’s client work has focused on strategy, operations, leadership, and large-scale transformation. It is claimed he played a pivotal role in helping BCG become the only global management consulting firm to grow strongly through the 2008 recession.

In May 2012, he was named the successor of Hans-Paul Bürkner as the Global Chief Executive Officer of Boston Consulting Group.

Under his leadership, BCG has continued its strong global growth across all regions an practices, fueled by investments in new offices, digital and analytics, and capabilities to drive innovation and transformation.

 Lesser oversaw the launch of BCG Digital Ventures, a builder and accelerator of digital businesses; BCG Gamma, an analytics and machine-learning team; and BCG TURN, a turnaround, restructuring, and transformation unit and more recently, the Center for Climate Action.

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In October 2018, Lesser began a third three-year term as CEO of Boston Consulting Group

Lesser also serves as chief advisor to the World Economic Forums’s (WEF) Alliance of CEO Climate Leaders, is on the Board of Directors of the Business Roundtable, and is a member of the WEF’s International Business Council.

 He has accelerated BCG’s strong investments in social impact through its many partnerships, including the World Food Programme, Save the Children, and the World Wildlife Fund.

In December 2016, Lesser joined a business forum assembled by then-president-elect Donald Trump to provide strategic and policy advice on economic issues.

Rich Lesser Net Worth

According to Forbes, BCG is worth $8.5 billion. Founded in 1963, BCG (Boston Consulting Group) is a global management-consulting firm. BCG helps corporations and other organizations innovate and achieve sustainable competitive advantage.

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NET WORTH

Andrew Mackenzie Net Worth

Andrew Mackenzie net worth

What is Andrew Mackenzie net worth ?

Net worth$37 million
NameSir Andrew Stewart Mackenzie
Date of birth20 December 1956
Nationality Scottish
OccupationFormer CEO of BHP Billiton

Andrew Mackenzie net worth: Sir Andrew Stewart Mackenzie is a Scottish businessman, and a former CEO of BHP Billiton, the world’s largest mining company. Keep reading to find more information about him here.

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Early life

Andrew Stewart Mackenzie was born in December 1956, grew up in Kirkintilloch, Scotland, and was educated at the University of St Andrews where he graduated with a first class bachelor’s degree in geology in 1977. He went on to study at the University of Bristol where he was awarded a PhD in organic chemistry in 1981.

Career

Mackenzie was a postdoctoral research fellow with the British Geological Society. He was a Humboldt fellow and worked at the Nuclear Research Centre in Jülich, Germany. He published over 50 research papers as a scientist.

In 1983, Mackenzie joined BP’s research division. He worked his way to BP Finance, and then as head of capital markets. After 22 years at BP, he left as group vice-president of petrochemicals.

In April 2004, Mackenzie joined Rio Tinto as chief executive of the industrial minerals division. In June 2007, he served as the chief executive officer, diamonds & minerals.

He served as trustee of a think tank, Demos from 2005 until June 2008.

Read Stephen Schwarzman net worth

Mackenzie was poached from Rio Tinto in 2007 by then CEO of BHP Billiton Marius Kloppers, ahead of a failed takeover bid of Rio Tinto.

Mackenzie became the chief executive of non-ferrous in BHP Billiton in November 2008. He succeeded Marius Kloppers as the CEO of BHP Billiton in May 2013.  In 2014, he was paid $7,123,000 in total compensation.

Australia mining head Mike Henry succeeded Mackenzie as BHP CEO on 1 January 2020.

In March 2021, Mackenzie was tapped to replace Chad Holliday as chairman of Royal Dutch Shell starting May 2021.

Andrew Mackenzie Net Worth

Andrew Mackenzie net worth: He owns shares worth $37 million.

Andrew Mackenzie is one of the world’s most influential applied earth scientists. He made seminal contributions to geochemistry in his early career, especially in relation to the formation of oil. For most of his career he has been a leader in the energy and mining industries working within BP, Rio Tinto and most recently in BHP Billiton.

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He has made major innovations in both technical and business arenas within these companies, and is pre-eminent as an earth scientist in the commercial world. He has recently been appointed CEO of BHP Billiton.

Mackenzie was knighted in the 2020 Birthday Honours for services to business, science, technology and UK/Australia relations.

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NET WORTH

Stephen Schwarzman Net Worth

Stephen Schwarzman Net Worth

What is Stephen Schwarzman Net Worth?

Net worth$28 billion
NameStephen Allen Schwarzman
Date of birthFebruary 14, 1947
NationalityAmerican
OccupationInvestor, Businessman and Philanthropist

Stephen Schwarzman Net Worth 2021: Stephen Allen Schwarzman is an American businessman, investor, and philanthropist. He is the chairman and CEO of The Blackstone Group

Early life and education

Schwarzman was raised in a Jewish family in Huntingdon Valley, Pennsylvania, the son of Arline and Joseph Schwarzman.

Schwarzman attended the Abington School District in suburban Philadelphia and graduated from Abington Senior High School in 1965.  He attended Yale University.

After graduating in 1969, he briefly served in the U.S. Army Reserve before attending Harvard Business School, where he graduated in 1972.

Investment career

Schwarzman’s first job in financial services was with Donaldson, Lufkin & Jenrette, an investment bank that merged with Credit Suisse in 2000. After business school, Schwarzman worked at the investment bank Lehman Brothers, became a managing director at age 31, and then head of global mergers and acquisitions.

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 In 1985, Schwarzman and his boss, Peter Peterson, started The Blackstone Group, which initially focused on mergers and acquisitions.

 Blackstone would branch into business acquisition, real estate, direct lending, alternative assets, and now has some $500 billion in assets under management.

When Blackstone went public in June 2007, it revealed in a securities filing that Schwarzman had earned about $398.3 million in fiscal 2006. He ultimately received $684 million for the part of his Blackstone stake he sold in the IPO, keeping a stake then worth $9.1 billion

Stephen Schwarzman Net Worth

Stephen Schwarzman net worth is $28 billion. Aside being a very successful investor, Schwarzman has been an adjunct professor at the Yale School of Management and was chairman of the board of trustees of the John F. Kennedy Center for the Performing Arts from 2004 to 2010.

In 2019, Schwarzman wrote his first book titled, What It Takes: Lessons in the Pursuit of Excellence, “which draws from his experiences in business, philanthropy and public service.” His book became a New York Times Best Seller.

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He lives in a duplex apartment at 740 Park Avenue previously owned by John D. Rockefeller Jr. Schwarzman purchased the apartment from Saul Steinberg. He spent millions of dollars on both his sixtieth and seventieth birthday parties.

Mr. Schwarzman is an active philanthropist with a history of supporting education, as well as culture and the arts, among other things. In 2020, he signed The Giving Pledge, committing to give the majority of his wealth to philanthropic causes. In both business and philanthropy, Mr. Schwarzman has dedicated himself to tackling big problems with transformative solutions. In June 2019, he donated £150 million to the University of Oxford to help redefine the study of the humanities for the 21st century.

Family

Schwarzman married his first wife Ellen Philips in 1971, a trustee of Northwestern University and the Mount Sinai Medical Center, and they divorced in 1990. They have three children together, including film producer Teddy Schwarzman and writer and podcaster Zibby Owens.

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Schwarzman married his second wife Christine Hearst in 1995, an intellectual property lawyer who grew up on Long Island, New York. She has one child from a previous marriage.

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