Barclay brothers
 Barclay brothers    (Media Mogul) | |
|---|---|
 | |
| Born | 27 October 1934 Hammersmith, County of London, England, United Kingdom |
| Nationality | British |
| Citizenship | United Kingdom |
| Parents | Frederick Hugh and Beatrice Cecilia (née Taylor) Barclay |
British businessmen twin brothers | |
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]
Related Document
| Title | Type | Publication date | Author(s) | Description |
|---|---|---|---|---|
| Document:We've got news for the billionaire, tax exile press barons: Change is coming | Video | 20 February 2018 | Jeremy Corbyn | We've got news for the billionaire, tax exile press barons: Change is coming |
References
- ↑ https://www.theguardian.com/uk/2008/dec/14/barclay-brothers-sark-telegraph-media-group
- ↑ http://features.thesundaytimes.co.uk/richlist/2017/live/richlist/view/group6#list
- ↑ "This is why there's been so little coverage of the Paradise Papers"
- ↑ "Sark Islanders fear takeover"
- ↑ "Save Sark from the Barclay brothers"
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