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John Robert Porter

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John Robert Porter
Porter at Cecconi's Mayfair, London
Born (1953-01-05) 5 January 1953 (age 71)
London, United Kingdom
NationalityBritish
OccupationBusinessman
Known forVerifone
Children2
Parent(s)Sir Leslie Porter (deceased)
Dame Shirley Porter

John Robert C. Porter (born 5 January 1953) is an English businessman best known as the grandson of Sir Jack Cohen, founder of Tesco and son of Dame Shirley Porter.[1]

Early life and education

When John Porter was young, he was given £4 million by his grandfather, Sir Jack Cohen, the founder of Tesco. He was educated at Highgate School and obtained degrees from Oxford, the Institute d’Etudes Politiques in Paris, and Stanford Graduate School of Business, where he has also served on the advisory council.[2]

Business career

In 1985 Porter became chairman of Verifone and remained a director until the company was sold to Hewlett-Packard in 1997.[2] During the early 1990s he became involved with a property development company called Chelverton Investments, owning a 45 percent stake as of 1993.[3]

A key plank in John Porter’s empire was said in 2000 to be the fortune he had made out of the US computer company Telos, based in Virginia, which has close ties to the Pentagon. Telos was originally called C3, and specialised in the communication systems that formed the backbone of the US Army.[1]

In 2015 Porter used his holding company i-Spire to acquire a 50% stake in digital marketing firm of LD Sharma i.e. Shoogloo.[2]

References

  1. ^ a b [1], Why Shirley’s boy is the Porter who carries bags of money.
  2. ^ a b c "John Porter of i-Spire picks up 50% stake in digital marketing firm Shoogloo". ET India. Retrieved 9 February 2017.
  3. ^ Stevenson, Tom. "A role on the airwaves". The Independent, 29 January 1993. Retrieved on 13 May 2013.