Trevor James Hemmings CVO (11 June 1935 – 11 October 2021) was a British billionaire businessman.
Trevor Hemmings | |
|---|---|
| Born | Trevor James Hemmings 11 June 1935 Woolwich, London, England |
| Died | 11 October 2021 (aged 86) Ballasyer Stud, Andreas, Isle of Man |
| Occupation | Businessman |
| Spouse |
Eve Rumney (m. 1955) |
| Children | 4 |
Early life
editHemmings was born in Woolwich, London, on 11 June 1935, the son of a Royal Ordnance worker.[2] During the Second World War, part of the Royal Ordnance was relocated to Euxton, Lancashire, and the family moved there when he was aged five.[3][4]
Hemmings began work on the railways while studying business studies at night school. He then became an apprentice bricklayer and made his initial fortune through housebuilding businesses,[5] the first of which he sold in the early 1970s and the second of which was bought by Barratt Developments for £5.7million.[6]
Career
editHemmings owned Preston North End F.C., Northern Trust Co. Ltd, Classic Lodges Ltd. and Trust Inns Ltd. He also owned over 100 racehorses, three of which won the Grand National: Hedgehunter[7] (2005), Ballabriggs[8][9] (2011), and Many Clouds (2015).
In 2009, it was reported by the Sunday Times Rich List that Hemmings had lost £700m because of a collapse in the price of Royal Bank of Scotland shares, making him only the ninth richest man in the North West and the 178th in the country. The Rich List editor, Ian Coxon, said the drop in Hemmings' fortunes had been caused by the decrease in value of his North West property portfolio as well as his share investment.[10]
According to the Sunday Times Rich List in 2021, Hemmings was worth £1.115 billion.[11]
Hemmings also purchased the site of the former Pontins holiday camp at Plemont Bay in Jersey in 2005.[12] He submitted several plans to redevelop the site for housing, but there followed a long campaign against the development led by the National Trust for Jersey. Ultimately in 2014 the NTJ purchased the site from Hemmings for £7.15m, with £3.6m provided by the States of Jersey.[13]
Philanthropy
editHemmings provided the funds for the S.A.F.E centre, a project helping the victims of sexual violence in Preston, Lancashire.[14]
Recognition
editHemmings was appointed Commander of the Royal Victorian Order (CVO) in the 2011 Birthday Honours for his service with The Princess Royal Trust for Carers, now renamed Carers Trust.[15]
Personal life
editHemmings married Eve Rumney in 1955, they had three sons and one daughter.[5]
In later life, he primarily resided at the Ballasyer Stud, Andreas, Isle of Man.[2][16] He died on 11 October 2021, at the age of 86.[17]
See also
editReferences
edit- ^ "Trevor Hemmings obituary" – via www.thetimes.co.uk.
- ^ a b "Trevor Hemmings: From working-class Lancashire lad to billionaire tycoon".
- ^ Adeney, Martin (15 October 2021). "Trevor Hemmings obituary | Horse racing". The Guardian. Retrieved 6 July 2023.
- ^ "Trevor Hemmings: Billionaire tycoon who dabbled in many industries". The Independent. 24 October 2021. Retrieved 6 July 2023.
- ^ a b Mathiason, Nick (7 January 2007). "A pie, a pint – and a billion". The Guardian. Retrieved 7 November 2018.
- ^ "Trevor Hemmings". 13 July 2000.
- ^ "Hedgehunter – Race Record & Form – Racing Post". Racing Post. Retrieved 19 August 2018.
- ^ "Ballabriggs – Race Record & Form – Racing Post". Racing Post. Retrieved 19 August 2018.
- ^ Mamons; Trevor Hemmings; tycoon The Observer; Nick Mathieson; 7 January 2007
- ^ "Blackpool Tower owner loses millions" by Nathan Harris at my-hospitality.com Archived 29 January 2013 at archive.today
- ^ "The Sunday Times Rich List 2021". www.thetimes.co.uk. Retrieved 17 November 2021.
- ^ "Plemont Holiday Camp – Jerripedia". www.theislandwiki.org.
- ^ "Plémont deal approved".
- ^ "Millionaire Hemmings funds rape centre". 4 February 2002. Retrieved 15 April 2018.
- ^ "No. 59808". The London Gazette (Supplement). 11 June 2011. p. 3.
- ^ "Reclusive "leisure entrepreneur" and racing obsessive Trevor Hemmings". thesteepletimes.com. 4 June 2017. Retrieved 7 November 2018.
- ^ "Trevor Hemmings: Preston North End owner dies aged 86". BBC News. 11 October 2021. Retrieved 11 October 2021.