John Bloor

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John Bloor
Born 16 June 1943
Derbyshire, England
Residence England, U.K.
Nationality British
Occupation Owner of Bloor Holdings
Chairman of Bloor Homes
Owner of Triumph Motorcycles
Net worth increase£630 million

John Stuart Bloor OBE, (born 16 June 1943)[1] is an English business magnate.

Having built Derbyshire based Bloor Holdings into a leading housebuilding organisation,[2] Bloor bought and revived Triumph Motorcycles.

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[edit] Early life

Bloor was born in a small Derbyshire village and his father was a coal miner. He suffered from health problems and long absences from school limited his formal education, leaving school at the age of 15.[3]

[edit] Business

John Bloor's first job was as a trainee plasterer for a local building contractor. Two years later he set up his own business and began building his first house before he was 20. His building company is now one of the largest privately-owned house builders in the UK and has contributed to the successful regeneration of the East Midlands.[3] In 2002, housing sales reached 1,870 making Bloor Homes then the largest housebuilder to be owned by one man.[4]

While attending the auction of the site of the former Triumph factory to buy the site for house construction, Bloor bought the collapsed Triumph brand in 1983.[5] After sub-licensing the brand for a period, he invested over £80 million into rebuilding the marque, opening the new Hinckley factory in 1991.[6] After a factory fire in 2002 stopped production, the factory was rebuilt as one of the most efficient motorcycle factories in the world, and now produces 46,000 motorcycles per annum.[7]

In the year to June 2007 Bloor Holdings profits were £40m on £566m sales. Triumph also made a profit of £103m.[2]

[edit] Personal life

Bloor lives in Swadlincote, South Derbyshire, England. Due to hip problems he rarely rides motorcycles, preferring a Mercedes Benz.[6]

[edit] Honours

  • In 1995 John Bloor was awarded the OBE for services to the motorcycle industry[8]
  • Honorary Doctor of Laws, University of Leicester[3]

[edit] See also

[edit] References

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