Barclay brothers

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Person.png Barclay brothers  Rdf-icon.png
(Media Mogul)
Barclay brothers.jpeg
Born27 October 1934
Hammersmith, County of London, England, United Kingdom
NationalityBritish
CitizenshipUnited Kingdom
ParentsFrederick Hugh and Beatrice Cecilia (née Taylor) Barclay

Sir David and Sir Frederick Barclay (both born 27 October 1934), commonly referred to as the "Barclay brothers", are British businessmen. The identical twin brothers have very substantial business interests primarily in media, retail and property. They have earned a reputation for avoiding publicity, and are often described as reclusive.[1]

Billionaires

The Sunday Times Rich List of 2017 estimated their wealth at £7.2 billion.[2]

Tax avoidance

Sir David Barclay's son, Aidan, manages their UK businesses which are accused of tax avoidance, by placing assets under ownership of companies registered abroad and controlled through trusts. Their Press Holdings company owns Apollo magazine and The Spectator, and through a wholly owned subsidiary (Press Acquisitions Limited) they also own Telegraph Group Limited, parent company of The Daily Telegraph and The Sunday Telegraph.[3]

Sark takeover

In 1993 the Barclay brothers bought the lease of the island of Brecqhou, off the coast of Sark, one of the smallest of the British Channel Islands.[4][5]

27 October 1934| 

Related Document

TitleTypePublication dateAuthor(s)Description
Document:We've got news for the billionaire, tax exile press barons: Change is comingVideo20 February 2018Jeremy CorbynWe've got news for the billionaire, tax exile press barons: Change is coming


References

  1. Robinson, James (14 December 2008). "The raiders of the lost Sark". The Guardian. London. Retrieved 15 January 2014.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "plain text").
  2. "The UK's richest 1,000". The Sunday Times. Retrieved 7 August 2017.Page Module:Citation/CS1/styles.css must have content model "Sanitized CSS" for TemplateStyles (current model is "plain text").
  3. "This is why there's been so little coverage of the Paradise Papers"
  4. "Sark Islanders fear takeover"
  5. "Save Sark from the Barclay brothers"
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