Ian Livingstone | |
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Born |
Ian Malcolm Livingstone 22 May 1962 UK |
Residence | London, England |
Nationality | British |
Education | St Paul's School, London |
Alma mater | City University London |
Occupation | Co-owner of London & Regional Properties, property developer |
Net worth | £2.6 billion (May 2014) |
Spouse(s) | Natalie Livingstone |
Children | 2 |
Relatives | Richard Livingstone (brother) |
Ian Malcolm Livingstone (born 22 May 1962) is a British billionaire property developer, through the privately held London & Regional Properties, owned jointly with his brother Richard Livingstone.
Livingstone was born in the UK, the son of a dentist in Ealing, London. He was educated at St Paul's School, a leading private school. He attended City University London, where he received a bachelor's degree in Optometry and qualified as an optometrist in 1984.
Livingstone served as the chairman and majority shareholder of the Optika Clulow Group, a retail chain which owned 170 optician stores, including David Clulow, Sunglass Hut, Harrods and Selfridges opticians, from 1990 to 2010. Another major shareholder was his brother Richard Livingstone, a surveyor. The brothers sold the retail chain in 2011 and are now primarily property developers.
Many of their early developments were financed by Jacob Rothschild's merchant bank Dawnay Day, who Ian said "proved very supportive".
Livingstone is the owner of Brightark, an investment vehicle. In 2005, in partnership with Claudio Del Vecchio, the President of the Retail Brand Alliance, he agreed to open Brooks Brothers stores in the United Kingdom. By 2006, they had opened one on Old Broad Street and another one on Regent Street, with plans to open a dozen more.
He has served as the co-Executive Chairman of London & Regional Properties with his brother since 1993. Through this holding company, they own David Lloyd Leisure and the leasehold for Cliveden House in Berkshire, and Hilton Hotels in London's Green Park and Park Lane. They redeveloped Marks & Spencer's former headquarters at 55 Baker Street, which now houses the offices of Knight Frank, the accountant BDO Stoy Hayward, and London & Regional itself.