Lord Alan Michael Sugar is a UK born billionaire and founder of several companies.
He is best known for the company Amstrad, active in consumer electronics. Founded by Sir Alan as an electrical goods retailer in 1968, Amstrad was listed on the London Stock Exchange in 1980. Its name is an acronym of Alan Michael Sugar Trading. Amstrad launched a home computer package aimed at the mass market in the mid-
Sugar now owns a large real estate portfolio through AMSprop (“Alan Michael Sugar Properties” focused upon ultra-
Lord Sugar owns a US4 30 million Embraer Legacy 650 private jet, with registration G-
The net worth of Alan Sugar is estimated at US$ 1.5 billion. Alan Sugar owns a large mansion in Chigwell, Essex, and a beach front house in Marbella, Spain. Sugar also owned a large mansion in Boca Raton (Florida) which he sold in 2015 for US$ 6.8 million.