Understanding the Success of British Billionaire Michael Tabor
Born in 1941 in the East End of London, Michael Tabor rose to fame as a significant figure in the British bookmaking industry. However, his scope of influence didn’t stop there. Tabor successfully expanded his business ventures to dominate various industries from horse racing to hospitality.
- Michael Tabor is a British billionaire who started his career in the bookmaking industry.
- Tabor expanded his ventures into the horse racing world, owning numerous champion horses and being part of the Coolmore Stud consortium.
- His diverse business interests also extend to the hospitality and commercial property sectors.
- Known for his private nature, Tabor rarely gives interviews or makes public appearances.
From Bookmaking to Billionaire Status
Tabor initiated his career in the bookmaking industry, managing his bookmakers chain, Arthur Prince. In 1995, he successfully sold the business to Coral, a leading betting operator, raking in a lucrative £27 million from the deal.
Tabor’s Investment in Thoroughbred Horse Racing
Following his success in bookmaking, Tabor ventured into the world of thoroughbred horse racing. His first purchase, Tornado Prince, marked the start of a notable portfolio, which quickly grew to include champion racehorses like Galileo, Montjeu, and High Chaparral. Today, he is a key player in the global horse racing consortium, Coolmore Stud, cementing his status in the industry.
Tabor’s Diverse Business Interests
Aside from bookmaking and horse racing, Tabor has also shown a keen interest in the hospitality and commercial property sectors. He held a substantial stake in the British global sandwich shop chain, Pret A Manger, and was part of the consortium that purchased the football club, Queens Park Rangers. Tabor was also a significant shareholder in Mitchells & Butlers plc, a premier operator of restaurants, pubs, and bars in the UK.
The Private Life of Michael Tabor
Despite his varied business interests and vast wealth, Tabor remains notably private. He rarely participates in interviews or makes public appearances. As of the latest reports, Tabor resides in Monaco, continuing his business endeavours from the Mediterranean coast.
Michael Tabor Net Worth
His net worth is $ 0,8 billion.
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