Sir David Rowat Barclay and Sir Frederick Hugh Barclay |
|
---|---|
Born |
Hammersmith, County of London, England, United Kingdom |
27 October 1934 (both)
Residence |
Fontvieille, Monaco Brecqhou, Sark, Channel Islands |
Nationality | British |
Citizenship | United Kingdom |
Occupation | Businessmen |
Years active | 1960s–present |
Employer | Shop Direct Group |
Home town | Hammersmith, County of London, England |
Net worth | GB£7.2 billion (2017) |
Parent(s) | Frederick Hugh and Beatrice Cecilia (née Taylor) Barclay |
Sir David Rowat Barclay and Sir Frederick Hugh Barclay (both born 27 October 1934), commonly referred to as the "Barclay Brothers" or "Barclay Twins", are British businessmen. The identical twin brothers have very substantial business interests primarily in media, retail and property. The Sunday Times Rich List of 2017 estimated their wealth at £7.2 billion. They have earned a reputation for avoiding publicity, and are often described as reclusive.
Sir David's son, Aidan, manages their UK businesses. Their businesses have been accused of tax avoidance, by placing assets under ownership of companies registered abroad and controlled through trusts. Their Press Holdings company owns The Business and The Spectator magazine, and through a wholly owned subsidiary (Press Acquisitions Limited) they also own Telegraph Group Limited, parent company of The Daily Telegraph and The Sunday Telegraph.
In 1993 the brothers bought the lease of the island of Brecqhou, off the coast of Sark, one of the smallest of the British Channel Islands.
The Barclay brothers were born within ten minutes of each other in Hammersmith, County of London to Scottish parents Beatrice Cecilia (née Taylor; died 1989) and her husband, Frederick Hugh Barclay, a travelling salesman. The couple had eight other children. Frederick, Sr. died when the brothers were twelve years old, and they left school four years later in 1950 to work in the accounts department at the General Electric Company before setting up as painters and decorators.
In 1955 David married Zoe Newton, a grammar school girl who trained as a ballet dancer, at St John the Baptist Church, Holland Road, Kensington. Despite standing only 4'11" (1.5 metres), Zoe Barclay pursued a modelling career and became the most photographed and highly paid model of her time, appearing on the front of popular magazines such as Picturegoer. She appeared on television and in the Dairy Council advertisements as the “drinka pinta milka day“ girl.