Alan Parker (businessman)

Alan M. Parker
Born (1939-03-31) 31 March 1939
Rhodesia (now Zimbabwe)
Residence Geneva, Switzerland
Nationality British
Occupation Businessman
Net worth £2.34 billion
Spouse(s) Jette Parker
Children 3

Alan M. Parker (born 31 March 1939)[1] is a British billionaire businessman.

Early life

Alan M. Parker[2] was born into a modest family in Rhodesia (now Zimbabwe), the son of a British colonial civil servant.[3]

Career

Parker trained as an accountant, and worked for the Hong Kong-based DFS Group. He became DFS's third largest shareholder, and in 1997 when it was taken over by LVMH, Parker received about $840m (£464m) for his 20% stake.[1][2] Parker also made money investing in hedge funds and high technology.[2]

As of 2014, Parker is living in Geneva, Switzerland and has a net worth of £2.34 billion.[1]

Philanthropy

Parker is known for his philanthropy through his Oak Foundation, which helps humanitarian projects in Africa, medical research and victims of torture. His wife Jette sponsors The Royal Opera's Jette Parker Young Artists Programme.[4]

Personal life

He is married to Jette Parker, and they have three children, Caroline, Natalie and Kristian.[3]

References

  1. 1 2 3 "Accountancy Rich List: 10-1". Economia. Retrieved 6 November 2014.
  2. 1 2 3 Nordheimer, Jon (12 March 1997). "Millions of Dollars Couldn't Keep DFS Group Together". NYT. Retrieved 6 November 2014.
  3. 1 2 Conor O'Clery (27 August 2013). The Billionaire Who Wasn't: How Chuck Feeney Secretly Made and Gave Away a Fortune. PublicAffairs. pp. 205–206. ISBN 978-1-61039-335-5.
  4. ↑ Blackhurst, Chris (8 April 2009). "The cash kings". Evening Standard. Retrieved 6 November 2014.
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