Joe Lewis (British businessman)
| Joe Lewis | |
|---|---|
| Born |
Joseph Lewis 5 February 1937 Bow, London, UK |
| Residence | Albany, New Providence, Bahamas |
| Nationality | British |
| Occupation | Chairman of |
| Years active | 1958–present |
| Net worth | US$5.6 billion (Feb 2017) |
| Successor | Incumbent |
| Spouse(s) | Esther Browne (divorced) Jane Lewis |
| Children |
with Browne: -Vivienne Lewis Silverton -Charles Lewis |
Joseph C. "Joe" Lewis (born 5 February 1937) is a British businessman, investor, and art collector who currently lives in New Providence, Bahamas.
Lewis' total wealth is estimated at $US5.3 billion, and he is listed as the 248th richest person on Forbes’ List of billionaires (2016). Forbes reports that Lewis is the sixth wealthiest person in the UK.
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 of London 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.
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 FX trader.
Lewis is the main investor in Tavistock Group, which owns more than 200 companies in 15 countries. Tavistock Group's portfolio includes:
Lewis hosts the tournament every March in Florida, raising millions of dollars for charity, and owns three of the four clubs that compete: Albany, Lake Nona Golf & Country Club and Isleworth Golf & Country Club. Lewis built a golf community in the Bahamas called Albany, which opened October 2010. Woods and Els are also major shareholders in the luxury resort community located in New Providence. Lewis made a £70 million investment in Bulgarian property development.
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