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Ron Dennis

Ron Dennis CBE
Ron dennis 2000Monaco.jpg
Dennis at the 2000 Monaco Grand Prix
Born Ronald Dennis
(1947-06-01) 1 June 1947 (age 69)
Woking, Surrey, England
Residence Surrey
Nationality United Kingdom British
Employer McLaren Technology Group
Summit UK
Absolute Taste
McLaren Automotive
UK Trade & Investment
Minsheng Investment Group
Greyscape Aviation
Tommy's Charity
British East Asian Council
TAG Heuer (Former owner)
Known for McLaren Technology Group (Director & Shareholder)
Summit UK (Chairman)
Absolute Taste (Majority Owner and Founder)
Minsheng Investment Corporation (Global Consultant)
British East Asia Council (Chairman)
UKTI (Official British Business Ambassador)
McLaren Automotive (Chairman, Founder and Minority Shareholder)
Home town Virginia Water
Net worth Increase $865 million (2014)
Title CBE
Spouse(s) Lisa Dennis (Divorced)
Children 3

Ronald Dennis CBE (born 1 June 1947) is a British businessman and Official British Business Ambassador for The United Kingdom. Dennis is the Global Consultant for Minsheng Investment Corporation and also owner of Absolute Taste. He is best known for his former role as owner, CEO, chairman and founder of McLaren Technology Group. Dennis was removed from his McLaren management roles in 2016 but remains a director of the company and a 25% shareholder.

Since 1981, Dennis has been the team principal of the McLaren Formula One team, and was instrumental in transforming the outfit into a regular world championship contender. Constructors' and drivers' world championships were won with Niki Lauda, Alain Prost, Ayrton Senna, Mika Häkkinen and Lewis Hamilton.

After being handed a three page business plan by a chef for his Formula One team, he set up a catering company, Absolute Taste, today retaining 55% of the company.

In January 2007, Dennis sold half of his 30 percent shareholding in the McLaren Group to the Bahrain Mumtalakat Holding Company, leaving him with a 15 percent share. In 2009, Dennis, together with co-owners Mansour Ojjeh's TAG Group and the Bahraini Mumtalakat Holding Company, bought back Daimler AG's 40 per cent shareholding in a deal that was concluded in 2011. As of January 2014, Mumtalakat hold 50 percent of the Group's shares, with Dennis and Mansour Ojjeh holding 25 percent each.

Ron Dennis was placed at number 648 in the Sunday Times Rich List 2006 with a net worth of £90 million, however The Times put his wealth at £200 million in 2009. In the Sunday Times Rich List 2011, Dennis' net worth is estimated to be £177m. In April 2014, it was stated he had a net worth of approx. £300m ($513m). His net worth grew in 2014 when he purchased McLaren Group.


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