| Name: | Philip Green |
| Net Worth: | $ 2 billion |
| Source of Wealth: | Arcadia Group |
| Born: | March 15, 1952 |
| Age: | |
| Country: | UK / Monaco |
| Wife: | Tina Green |
| Children: | Chloe Green, Brandon Green, Stasha Palos, Brett Palos |
| Residence: | Monaco |
| Private Jet: | Gulfstream G650 (VP-BCT) |
| Yacht | Lionheart |
| Yacht (2) | Lioness V |
| Yacht (3) | Lionchase |
Sir Philip Green has made a name for himself as a renowned British business magnate, best known for his ventures in the retail industry. Often referred to as the “King of High Street”, Sir Philip is a billionaire based in Monaco who has established an empire in the clothing retail business. This article delves into his life, career, and his remarkable luxury yachts.
Born in 1952, Philip Green ventured into the world of business at a young age. At 21, he was already engaged in importing jeans from the Far East to sell to British retailers. His initial foray into the shoe import business eventually transformed into a clothing empire, earning him significant recognition and wealth.
Sir Philip is a devoted family man. Together with his wife, Tina Green, he has four children: Chloe Green, Stasha Palos, Brett Palos, and Brandon Green. Their daughter Chloe Green has carved out a career in fashion, often showcasing her lifestyle on Instagram, including moments spent on the family’s luxury yachts.
Brett Palos, Tina’s son and Sir Philip’s stepson, serves as a director at Arcadia Group. Brett is also the owner of the Benetti yacht Illusion V, a 58-meter motor yacht delivered in 2014. Stasha Palos is an artist and author, while Brandon Green studied at the International School in Monaco and is involved in the family business, the Arcadia Group.
The Greens’ love for the sea and luxury is evident in their collection of yachts. The family owns the yachts Lionheart, Lioness, Lionchase, and the Van Dutch tender Lion Cub.
One of Sir Philip’s most notable contributions to the business world is his role as CEO of the Arcadia Group. The British clothing retailer is owned by his wife Tina and boasts over 900 stores in 40 countries. Arcadia Group houses popular brands like Dorothy Perkins, Miss Selfridge, and Evans, with over 2,500 shops in the UK alone. In 2013, the Group reportedly made USD 3.3 billion in sales and a pre-tax profit of USD 600 million.
Sir Philip’s business acumen is highlighted by his profitable ventures. For example, he purchased sports retail company Olympus for GBP 1 and sold it three years later for a whopping GBP 550 million. The Green family fortune is managed through the private investment company Taveta Investments, holding shares in Arcadia, British Home Stores, and Owen Owen Holdings. In 2005, Tina Green received the largest annual dividend payout in UK history – an amount of $1.5 billion paid by Arcadia Group to Taveta Investments.
As of today, Philip and Tina Green have an estimated net worth of $2 billion.
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Dominic Chappell bought BHS from Green for only GBP 1 in 2015. The retailer collapsed into administration in 2016. Which led to the revelation of a GBP 571 million pension shortage and parliamentary inquiries. Chappell planned to sue Green. But a judge ruled that evidence submitted by Chappell was ‘untrue’ and without credibility.
Green threatened the Member of Parliament Frank Field with legal action. After the Labour politician claimed to have seen leaked details of the official investigation into the BHS pension crisis.
Oliver Shah Business Editor of the Sunday Times has written a book about Green. It is named Damaged Goods: The Inside Story of Sir Philip Green, the Collapse of BHS and the Death of the High Street.
The book is about Green’s role in the BHS pension fund problems and the unacceptable face of capitalism.
Downing Street has refused to back calls for Sir Green to be stripped of his knighthood over sexual harassment and bullying allegations. Lord Hain disclosed Green’s name in this case. He was using his parliamentary privilege to disclose agreements. But the allegations were denied by Green. He kept his Knighthood.
Brett Palos is the step-son of Sir Philip. 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.
wikipedia.org/wiki/PhilipGreen
www.theguardian.com/philipgreen
Philip and his wife Tina live in an expensive apartment building in tax haven Monaco. They also own a townhouse in Belgravia, London.
Nestled in the heart of the United Kingdom’s bustling capital, Belgravia stands as an exclusive and highly prestigious district within London. With its grand, stately residences, picturesque squares, and idyllic streets lined with boutique stores, it’s little wonder why this luxurious enclave is a preferred choice of residence for many of the world’s wealthiest individuals.
Belgravia’s history reaches back to the early 19th century when it was developed by the Grosvenor family, now known as the Dukes of Westminster. Its well-preserved Georgian architecture, beautiful stucco-fronted townhouses, and elegant crescents and garden squares are testament to its historical charm and timeless appeal.
Belgravia’s popularity among billionaires can be attributed to various factors. Firstly, its central location within London, proximity to Buckingham Palace, and easy access to prime shopping destinations, such as Knightsbridge and Mayfair, make it an ideal base for those keen on being at the heart of the city’s vibrant lifestyle.
Secondly, Belgravia offers an unmatched level of privacy and tranquility despite its central location. The district is renowned for its discreet, quiet residential streets that offer respite from the bustling city, providing a perfect sanctuary for high-profile residents seeking privacy.
Thirdly, Belgravia is synonymous with luxury and prestige, which aligns perfectly with the lifestyle expectations of billionaires. The district is home to numerous luxury boutiques, Michelin-starred restaurants, and members’ clubs, reflecting its residents’ high-end lifestyle.
Moreover, Belgravia’s real estate is among the most desirable and expensive in the world, with many properties boasting unique architectural features, spacious interiors, and state-of-the-art amenities. The fact that owning a property in this exclusive area is seen as a status symbol adds to its appeal for the ultra-rich.
Belgravia is not only popular with British billionaires, but also with international elites. The district’s multicultural community, combined with London’s global influence in business, finance, and culture, makes it a highly attractive location for billionaires from around the world.
In conclusion, Belgravia, with its strategic location, tranquil charm, luxurious offerings, and prestigious reputation, continues to maintain its status as one of the most desirable residential districts in London and indeed, the world. Its unique blend of historic charm and modern luxury creates a living experience that is hard to replicate, securing its place as a preferred residence for the world’s billionaires.
He is owner of the Benetti yacht Lionheart.
Constructed of steel and aluminum, the yacht features a diesel-electric propulsion system powered by Caterpillar engines.
With an estimated value of $150 million, the yacht can accommodate 12 guests and a crew of 30.
He also owns the yachts Lionchase, Lioness V and Lion Cub. His stepson Brett Palos owns the yacht Illusion V.
He owns a Gulfstream G650 private jet with registration VP-
The Gulfstream G650 is a luxurious, long-range business jet produced by Gulfstream Aerospace. The G650 was first introduced in 2008 and quickly became one of the most sought-after business jets in the world due to its impressive range, speed, and spacious cabin. The G650 has a maximum range of over 7,000 nautical miles, making it capable of flying non-stop from locations such as New York to Hong Kong.
One of the standout features of the G650 is its cabin, which is both spacious and luxurious. With a height of over 6 feet and a width of over 7 feet, the cabin offers ample space for passengers to work, relax, and entertain. The cabin also features a variety of customizable features, including seating arrangements, lighting, and entertainment systems.
In addition to its impressive range and cabin, the G650 is also known for its high cruising speeds. The aircraft is capable of reaching speeds of up to Mach 0.925, making it one of the fastest business jets on the market. This speed, combined with its range, allows the G650 to cover large distances quickly and efficiently.
The last known list price of the Gulfstream G650 was approximately $75 million. This high cost reflects the advanced technology, spacious cabin, and impressive performance capabilities of the aircraft. Despite its high price, the G650 remains a popular choice for those who value speed, range, and comfort in their business jets.
The Gulfstream G650 is a top-of-the-line business jet that offers impressive range, speed, and comfort. Its luxurious cabin and high-performance capabilities make it a popular choice for those who demand the best in their business aviation needs. With a last known list price of $75 million, the G650 is a significant investment, but for those who can afford it, the aircraft provides a unique and unparalleled flying experience.
We also think he owns a Gulfstream G550. And he owns a Eurocopter EC 155 helicopter with registration 3A-
Yacht Owners Database 2024
