Richard Farleigh
| Richard Farleigh | |
|---|---|
 |
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| Born |
9 November 1960 Kyabram, Victoria, Australia |
| Residence | Belgravia, London, United Kingdom |
| Citizenship | Australian |
| Net worth | £66 million/A$160 million (2006) |
Richard Bruce Farleigh (born 9 November 1960) is an Australian private investor. He is currently a member of the Business Review Weekly Rich 200 list, a list of the 200 wealthiest Australian individuals. In 2012, he took on the role as Chancellor of London South Bank University. Farleigh featured in series 3 and 4 of BBC's Dragons' Den. He lives in London, United Kingdom. He previously lived in Monte Carlo, Monaco.
Born Richard Buckland Smith in Kyabram, Victoria, Australia. His foster family gave him the surname Farleigh. He is sixth generation Australian. His father was a labourer and sheep shearer. His parents sent him and his other siblings to foster homes when he was aged two. He was one of eleven siblings. Richard was taken into foster care by a family from Peakhurst, Sydney. He attended Narwee Boys High School, excelled at maths and competitive chess, and then won a scholarship to study economics at the University of New South Wales.
After graduating with honours in the early 1980s, he worked at the Reserve Bank of Australia, then joined Bankers Trust Australia in Sydney when 23 as an investment banker and trader, where he stayed for ten years.
Farleigh left Australia in the nineties. He was then hired to run a hedge fund in Bermuda and moved there with his wife and baby son. There, he became friends with David Norwood, a chess grand master, and three years later, he decided to retire, aged 34, and moved to Monte Carlo. He then spent much time with Norwood investigating research from Oxford University in the UK that had potential commercial applications. IndexIT was the company formed to fund some of these ventures; it was later sold to Beeson Gregory for £20m. At this time he invested his own capital in British technology companies.
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