Who is Sir Philip Green?
Green is a British born and Monaco based billionaire. He is nicknamed the King of High Street. He was born in 1952. He started working as a shoe importer which turned into a clothing empire.
At the age of 21 he was importing jeans from the Far East to sell to British retailers. He is the owner of the yacht Lionheart.
Together with his wife Tina he has 4 children. Chloe Green, Stasha Palos, Brett Palos, and Brandon Green. Chloe Green is a model and actor in fashion. She is active on Instagram, where she often posts photos onboard the family’s yachts.
Stasha Palos is an artist and author. Brandon Green went to the International School in Monaco and is also active in the Arcadia Group.
Green is CEO of the Arcadia Group, a British clothing retailer. The group has 900 stores in 40 countries. The Arcadia Group is owned by his wife Tina Green to avoid paying UK tax.
Green inherited his father’s property development company at the age of 12. After a few years, he started importing shoes and acquired a jeans company named Jean Jeanie. Within a year he sold the company again and made a GBP 9 million profit.
Green made several other profitable deals. He purchased the sports retail company Olympus for GBP 1. And sold it three years later for GBP 550 million.
Later he acquired the Arcadia Group. It is known for brands as Dorothy Perkins, Miss Selfridge, and Evans. The Arcadia Group has more than 2,500 shops in the UK. In 2013 Arcadia realized USD 3.3 billion in sales and a profit before tax of USD 600 million.
The Green fortune is invested through the private investment company Taveta Investments. Which holds shares in Arcadia, British Home Stores, and Owen Owen Holdings.
In 2005 Tina Green received the largest annual dividend payout in UK history. It was an amount of USD 1.5 billion that was paid by Arcadia Group to Taveta Investments.
PHILIP GREEN Net Worth
Philip and Tina Green have an estimated net worth of US$ 2 billion.
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Brett Palos is the step-son of Sir Philip Green. He was born in 1974 to Robert Palos and Tina Green. He is a director at the Arcadia Group. In 2009 is bought the O2 Centre in London, together with Anthony Lyons (owner of the yacht Sealyon) and Simon Conway (owner of the Mangusta yacht Cheeky Tiger). Brett Palos also owns a yacht: the 58 meters Benetti Illusion V.
Philip and Tina Green Residence
Philip and his wife Tina live in an expensive apartment building in tax haven Monaco. They also own a townhouse in Belgravia, London.
He owns a Gulfstream G650 private jet with registration VP-
We also think he owns a Gulfstream G550. And he owns a Eurocopter EC 155 helicopter with registration 3A-