Stephen Lansdown
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Stephen Philip Lansdown CBE (born 30 August 1952) is an English-born
Guernsey Guernsey (; Guernésiais: ''Guernési''; french: Guernesey) is an island in the English Channel off the coast of Normandy that is part of the Bailiwick of Guernsey, a British Crown Dependency. It is the second largest of the Channel Islands ...
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 Bears (officially Bristol Rugby Club or Bristol Rugby) are a professional rugby union club based in Bristol, England. They play in Premiership Rugby, England's top division of rugby. The club was founded as Bristol Football Club in 1 ...
,
Bristol Flyers The Bristol Flyers are a British professional basketball team based in the city of Bristol, England. The Flyers compete in the British Basketball League, after promotion from the English Basketball League in 2014. The team play their home ga ...
, and
Bristol City Football Club Bristol City Football Club is a professional football club based in Bristol, England, which compete in the , the second tier of English football. They have played their home games at Ashton Gate since moving from St John's Lane in 1904. The ...
. According to The ''
Sunday Times Rich List The ''Sunday Times Rich List'' is a list of the 1,000 wealthiest people or families resident in the United Kingdom ranked by net wealth. The list is updated annually in April and published as a magazine supplement by British national Sunday new ...
'' in 2019, Lansdown is worth £1.72 billion.


Career

Educated at Thornbury Grammar School in
Gloucestershire Gloucestershire ( abbreviated Glos) is a county in South West England. The county comprises part of the Cotswold Hills, part of the flat fertile valley of the River Severn and the entire Forest of Dean. The county town is the city of ...
and trained as an
accountant An accountant is a practitioner of accounting or accountancy. Accountants who have demonstrated competency through their professional associations' certification exams are certified to use titles such as Chartered Accountant, Chartered Certifi ...
,Bristol's deadly duo hit the City
timesonline.co.uk, 6 May 2007.
Lansdown started Hargreaves Lansdown trading from a bedroom in 1981. 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 Bristol City Football Club is a professional football club based in Bristol, England, which compete in the , the second tier of English football. They have played their home games at Ashton Gate since moving from St John's Lane in 1904. The ...
's new football stadium. He was reported in September 2012 to have announced his intention to quit Hargreaves Lansdown in November 2012. Lansdown has a holiday home in the South of
France France (), officially the French Republic ( ), is a country primarily located in Western Europe. It also comprises of Overseas France, overseas regions and territories in the Americas and the Atlantic Ocean, Atlantic, Pacific Ocean, Pac ...
. 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 The Bristol Flyers are a British professional basketball team based in the city of Bristol, England. The Flyers compete in the British Basketball League, after promotion from the English Basketball League in 2014. The team play their home ga ...
. As of September 2015 his net worth was reported to be down to $1.88 billion. 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%. 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.


Honours

Lansdown was appointed
Commander of the Order of the British Empire The Most Excellent Order of the British Empire is a British order of chivalry, rewarding contributions to the arts and sciences, work with charitable and welfare organisations, and public service outside the civil service. It was established ...
(CBE) in the
2017 Birthday Honours The 2017 Queen's Birthday Honours are appointments by some of the 16 Commonwealth realms of Queen Elizabeth II to various orders and honours to reward and highlight good works by citizens of those countries. The Birthday Honours are awarded as p ...
for services to business and the community in Bristol.


Family

He is married with two children.


References

English businesspeople English football chairmen and investors English rugby union chairmen and investors 1952 births Living people Guernsey billionaires Commanders of the Order of the British Empire {{UK-business-bio-1950s-stub