| Name: | Lord Alan Sugar |
| Net Worth: | $1.5 billion |
| Source of Wealth: | Amstrad |
| Born: | March 24, 1947 |
| Age: | |
| Country: | UK |
| Wife: | Ann Simons |
| Children: | Louise Jane Sugar, Simon Sugar, Daniel Michael Sugar |
| Residence: | Chigwell |
| Private Jet: | (G-SUGR) Embraer Legacy 650 |
| Yacht: | Lady A |
Lord Alan Sugar is a prominent figure in the UK business world, known for his successful career as the founder of Amstrad and his ventures in real estate investing. Born in March 1947 and married to Ann Simons, he is the father of three children.
Lord Alan Sugar founded Amstrad, a consumer electronics company, in 1968 as an electrical goods retailer. The company was listed on the London Stock Exchange in 1980 and launched a home computer package aimed at the mass market in the mid-1980s. Amstrad also supplied set-top boxes for Broadcaster Bskyb.
In 2007, Lord Sugar sold his remaining shares in Amstrad for approximately US$250 million.
Lord Sugar’s focus shifted to real estate investing, and he now owns a large portfolio of properties through AMSprop (Alan Michael Sugar Properties). The company is focused on ultra-prime Central London and core City of London properties. In addition, he owns Amsair (“Alan Michael Sugar Air”) and Executive Aviation, offering business and executive jet charters, and Amscreen, selling advertising space on digital media advertising screens.
Lord Alan Sugar’s net worth is estimated at $1.5 billion, making him one of the wealthiest individuals in the UK. His success in business and real estate investing has made him a well-known figure in the business world and a respected entrepreneur.
In conclusion, Lord Alan Sugar is a successful entrepreneur and billionaire real estate investor who has made a significant impact on the UK business landscape. With his impressive portfolio of companies and vast real estate holdings, Lord Sugar is a force to be reckoned with in the world of business and investing.
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He owns a large mansion in Chigwell, Essex, and a beachfront house in Marbella, Spain. Sugar also owned a large mansion in Boca Raton (Florida) which he sold in 2015 for US$ 6.8 million.
Chigwell is a town located in the Epping Forest district of Essex, England. It is situated on the border of Greater London, and is just 12 miles northeast of the city of London. The town has a population of approximately 13,000 people.
Chigwell is known for its affluent and exclusive neighborhoods, with many high-end properties and luxury cars on the streets. The area is popular with celebrities and businesspeople, with several notable residents including Lord Sugar, founder of Amstrad, and David Sullivan, co-owner of West Ham United Football Club.
In terms of amenities, Chigwell has a range of shops, restaurants, and pubs, as well as several parks and open spaces. It is also home to several well-regarded schools, including Chigwell School, a co-educational independent school with a history dating back to the 17th century.
The town is well-connected by road and rail, with easy access to the M11 and M25 motorways, as well as the London Underground’s Central line, which stops at Chigwell station. This makes it a popular commuter town for those working in London, while still providing a peaceful and affluent lifestyle away from the hustle and bustle of the city.
Overall, Chigwell is a picturesque and exclusive town that offers a high standard of living, with easy access to London and a range of amenities and attractions.
He is the owner of the motor yacht Lady A. The Lady A yacht is a luxurious motor yacht that was built by Sterling in 1986 and designed by Bannenberg & Rowell Design. It boasts a length of 55.5 meters and is powered by Caterpillar engines, which allow it to reach a maximum speed of 18 knots and cruise comfortably at 12 knots. The yacht has a range of over 2,500 nautical miles, making it perfect for long voyages and cruising adventures.
Lord Sugar owns a $30 million Embraer Legacy 650 private jet. The jet has registration G-SUGR. An Embraer Legacy 650 can accommodate 14 passengers. The aircraft has a list price of US$ 30 million. He used to own a similar plane, with registration G-SUGA.
The Embraer Legacy 650 is a large business jet produced by Brazilian aircraft manufacturer Embraer. It is an upgraded version of the popular Embraer Legacy 600, with a range of up to 7,223 km (3,900 nautical miles) and a maximum cruising speed of Mach 0.80. The Legacy 650 features a spacious cabin with comfortable seating for up to 14 passengers and a full-service galley for in-flight dining. The aircraft also offers advanced avionics systems, including a Honeywell Primus Elite flight deck and dual Head-Up Displays (HUDs). The Legacy 650 is a popular choice among private and corporate clients for its range, comfort, and advanced technology.
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SuperYacht Owners Database 4-2023
