Who is Lord Bamford?
Lord Anthony Bamford, also known as Baron Bamford, is a prominent British entrepreneur and industrialist who has made significant contributions to the British economy. He is the chairman of the JCB Group, a multinational corporation that manufactures construction equipment such as mechanical diggers and excavators. In addition, he is also the owner of the luxury yacht Virginian.
JCB Group: A Leading Name in the Construction Equipment Industry
JCB Group, founded by Joseph Cyril Bamford in 1945, has grown to become the world’s third-largest construction equipment manufacturer by volume. The company has more than 12,000 employees and generates sales of over $2.5 billion per year. Under the leadership of Lord Bamford, JCB has become a global business with 22 plants around the world, producing over 300 different products. From a one-factory operation in Staffordshire with a turnover of GB£43 million, JCB has become a leading name in the construction equipment industry.
Lord Bamford’s Net Worth
As a successful businessman and entrepreneur, Lord Bamford’s net worth is estimated at $5 billion. His success in growing JCB into a global business has contributed significantly to his wealth and reputation as a successful industrialist.
Lord Bamford’s Personal Life: A Passion for Classic Cars and Yachting
Apart from his business ventures, Lord Bamford is also known for his passion for classic cars and yachting. He is a collector of rare Ferraris and is the only collector in the world with two rare Ferrari 250 GTO’s, including one built in 1963, which he acquired in 1969 at the age of 24. His son, George Bamford, is also an avid car collector with a collection that includes rare Porsches and Ferraris.
In addition to his passion for classic cars, Lord Bamford is also the owner of the luxury yacht Virginian. Built by Feadship in 1991, the yacht can accommodate 12 guests and has a crew of 18. The yacht is powered by two MAN diesel engines, which bring her a top speed of 15 knots and a cruising speed of 12 knots. She has a range of more than 3,500nm. The interior of the yacht is designed by David Easton and was last refitted in 2012 at Pendennis.
Lord Anthony Bamford’s contributions to the British economy through his leadership at JCB Group have cemented his reputation as a successful businessman and industrialist. His passion for classic cars and yachting has also made him a prominent figure in the world of luxury. As a collector of rare Ferraris and the owner of the luxury yacht Virginian, Lord Bamford has demonstrated his appreciation for the finer things in life.
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