#2049
Stephen Rubin & family
United Kingdom 89 years old
Overview
- Source of Wealth
- Sports apparel
- Industry
- Fashion & Retail
- Residence
- London
- Marital Status
- Married
- Children
- 4
Assets
- JD Sports Fashion1,322,000,000 shares @ --JD-GB
Biography
Stephen Rubin is the chairman of Pentland Group, one of the U.K.'s largest sports apparel companies.
Rubin owns an estimated 49% of Pentland, which owns brands like Speedo and Berghaus and a majority stake in publicly-traded JD Sports Fashion.
His parents started Pentland in 1932 as a shoe wholesaler. In 1959, he joined the firm and a decade later, after his father died, took over as chair.
The company paid $77,500 for a 55% stake in Reebok USA in 1981, then offloaded the investment for $770 million in 1991.
About
In 2002, Rubin was named an Officer of the British Empire for his services to business and to human rights. It is one of the highest honors in the country.