Roderick John Fleming (born 1953) is a British merchant banker and private wealth manager, and the founder of Fleming Family & Partners.
Roddie Fleming | |
|---|---|
| Born | Roderick John Fleming 1953 (age 70–71) |
| Nationality | British |
| Education | Eton Oxford University |
| Occupation | Banker |
| Spouse |
Diana Wake (m. 1979) |
| Children | 2 |
| Relatives | Valentine Fleming (grandfather) Ian Fleming (uncle) Adam Fleming (brother) |
Early life
editRoddie Fleming is the son of Major Richard Evelyn Fleming, and grandson of Valentine Fleming. Ian Fleming, author of the James Bond novels, was his uncle.[1] His older brother is the Adam Fleming. He was educated at Eton and Oxford University.[2] During his time at Oxford Fleming was a member of the Bullingdon club.[3]
Career
editA fourth-generation member of the family, he had been expected to become chairman of Robert Fleming & Co., an asset merchant bank and asset manager, in 2000, but the business was sold to Chase Manhattan Bank for £4.4 billion (then US$7.7 billion).[4] In July 2005, The Times wrote "The £4.4bn price tag seemed full at the time. It seems even more generous now".[5][4]
About 130 family members received over £1.3 billion for their 30% holding, and this money was largely invested through the privately owned family office Fleming Family & Partners (FF&P) which Fleming founded that year.[4][6] In 2007, he was its largest shareholder.[6]
In 2003, his net worth was estimated at £1.05 billion.[2] In 2008, the Sunday Times estimated his net worth at £1.9 billion.[7]
In 2012, "hard-hit" investments in mining and finance led Fleming to put up for sale two farms bordering his Sarsgrove estate near Chipping Norton, totalling 700 acres and valued in excess of £4 million.[8]
Personal life
editIn 1979, Fleming married Diana Wake, daughter of Sir Hereward Wake, 14th Baronet.[2] They have twin daughters Hermione "Hum" and Chloe Fleming.[1][2]
The family home is the grade II* listed Dower House, Sarsgrove Wood, Churchill, Oxfordshire.[9][1][10]
References
edit- ^ a b c Conway, Clare (6 March 2019). "Paradise lost: Hum Fleming has everything – apart from a memory". Tatler. Retrieved 11 May 2022.
- ^ a b c d Blackhurst, Chris (14 July 2003). "The City's richest". Evening Standard. Retrieved 11 May 2022.
- ^ Mutch , Jack Myers , Adam Lusher, Nick; Owen, Jonathan; Myers, Jack; Lusher, Adam (6 May 2015). "General Election 2015: Photographic history of Bullingdon Club tracked down - including new picture of David Cameron in his finery". www.independent.co.uk. Retrieved 4 May 2023.
{{cite web}}: CS1 maint: multiple names: authors list (link) - ^ a b c Lewis, Jane (21 December 2005). "Profile: The Flemings". Money Week. Retrieved 12 May 2022.
- ^ "Keeping it in the family pays off for the well connected". The Times. 2 July 2005. Retrieved 2 June 2022.
- ^ a b Sunderland, Ruth (7 January 2007). "The family with the golden touch". The Observer. Retrieved 11 May 2022.
- ^ "Roddie Fleming and family". The Sunday Times. 27 April 2008. Retrieved 11 May 2022.
- ^ Lea, Robert (13 April 2012). "Debts force top banker Roddie Fleming to sell farms". Evening Standard. Retrieved 11 May 2022.
- ^ Historic England. "The Dower House, Sarsgrove Wood (Grade I) (1200341)". National Heritage List for England. Retrieved 12 May 2022.
- ^ "The Farmers Bloodhounds End Of Season Charity Meet In Aid Of "Help For Heroes" March 15, 2015". Equestrian Life Magazine UK. 23 March 2015. Retrieved 12 May 2022.