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Martyn Arbib

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Sir Martyn Arbib
Born
Martyn Arbib

(1939-06-29) 29 June 1939 (age 85)[1]
Hendon, Greater London[2]
EducationFelsted School
OccupationBusinessman

Sir Martyn Arbib (born 27 June 1939) is a British businessman who led the Perpetual fund management company during the late 20th century, unusually based in Henley-on-Thames, rather than London.[3]

Early life

Born into a Jewish family, Arbib attended Felsted School, Essex.[4]

Career

He sold Perpetual to the fund manager AMVESCAP in 2001 for more than £1 billion, receiving £113m together with AMVESCAP shares worth £300m, and the company became known as Invesco Perpetual. He is a director of the Perpetual Japanese Investment Trust plc.[5] He stepped down from Perpetual's board in 2015.[6]

In January 2008, Swindon Town Holdings Limited, where Arbib is an investor but not a director, took control of Swindon Town FC.

Philanthropy

The Arbib Foundation, established in 1987, sponsors schools in Slough, Berkshire which include the Langley Academy.[7]

Arbib was a major benefactor in the establishment of the River and Rowing Museum at Henley, which opened in 1998.[8] He was knighted in 2003 for services to charities, especially in education.[9]

Political activity

Arbib is a Conservative Party donor. During the 2019 United Kingdom general election, he donated £10,000 to the central party and £5,000 each to Conservative candidates Danny Kruger and Dominic Raab.[10][11][12]

Personal life

In his spare time, Arbib is interested in horse racing. His horse Snurge won the St. Leger Stakes in 1990. As well as Henley, he also has a home in Barbados.

His daughter Annabel is married to businessman Paddy Nicoll.[13] Her father bought Culham Court for her in 1997 for £12 million, and in 2006, the Swiss-born British financier Urs Schwarzenbach bought it for £35 million, £10 million above the asking price.[13]

References

  1. ^ "Accountancy Rich List 2015: 24-11". Economia. 27 August 2015. Retrieved 4 December 2018.
  2. ^ England & Wales, Civil Registration Birth Index, 1916-2007
  3. ^ "Sir Martyn Arbib and family". Sunday Times. April 7, 2007.
  4. ^ William D. Rubinstein, Michael Jolles, Hilary L. Rubinstein, The Palgrave Dictionary of Anglo-Jewish History, Palgrave Macmillan (2011), p. 34
  5. ^ "Bloomberg". Retrieved 16 March 2017.
  6. ^ Times, The Sunday. "Rich List 2020: profiles 304-399=, featuring Simon Cowell and Sir Elton John". ISSN 0140-0460. Retrieved 2020-08-07.
  7. ^ "The Arbib Foundation". The Langley Academy. Retrieved 10 July 2017.
  8. ^ "History". River and Rowing Museum. Internet. 2001. Archived from the original on May 23, 2001. Retrieved July 19, 2011.
  9. ^ "No. 56963". The London Gazette (Supplement). 14 June 2003.
  10. ^ "View donation". The Electoral Commission. Retrieved 29 May 2020.
  11. ^ "Danny Kruger MP, Devizes". TheyWorkForYou. Retrieved 29 May 2020.
  12. ^ "Dominic Raab MP, Esher & Walton". TheyWorkForYou. Retrieved 29 May 2020.
  13. ^ a b "Financier offers £10m over the asking price for record country house sale | London Evening Standard". Standard.co.uk. 2006-08-27. Retrieved 2017-07-10.
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