Meet Lord Irvine Laidlaw: Businessman and Philanthropist
Lord Irvine Laidlaw, born on December 22, 1942, is a successful entrepreneur and philanthropist, best known as the founder of the Institute for International Research (IIR). He is married to Christine Laidlaw and is a former member of the House of Lords.
Founding the Institute for International Research (IIR)
As the world’s largest conference organizer, IIR has made a name for itself in the yacht industry as the organizer of the annual Monaco Yacht Show. At its peak, IIR operated in 35 countries, organizing 4,000 conferences each year. In 2005, Laidlaw sold IIR to Informa Group for approximately $1 billion.
Diversifying Investments: Real Estate and Clean Energy
Following the sale of IIR, Laidlaw invested in a substantial real estate portfolio and clean energy sources, including a wind-farm project.
Creating Abbey Business Centres
In 1988, Lord Laidlaw founded Abbey Business Centres, providing serviced office spaces, meeting room facilities, and virtual office packages.
Estimating Lord Laidlaw’s Net Worth
Lord Laidlaw’s current net worth is estimated to be around $1 billion.
Philanthropic Endeavors: Supporting Education and Disadvantaged Youth
An active philanthropist, Laidlaw has donated $10 million to the University of Leeds to establish the Laidlaw Library. In Scotland, he founded the Laidlaw Youth Trust, which supports causes related to disadvantaged children and young people. The Laidlaw Foundation continues this mission globally, focusing on education for children worldwide.
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