The Lord Bamford
Anthony Paul Bamford
23 October 1945
|Alma mater||University of Grenoble|
|Net worth||GB£2.9 billion (2017)|
|Title||chairman of JCB|
|Spouse(s)||Carole, Lady Bamford|
Anthony Paul Bamford, Baron Bamford, DL (born 23 October 1945) is a British businessman, chairman of JCB. He succeeded his father, Joseph Cyril Bamford, as chairman and managing director of JCB in 1975, at the age of 30. He was knighted in 1990 at the age of 45. His wealth was estimated at £3.1 billion as of April 2012.
Bamford was educated at Ampleforth College, a boarding independent school near the village and civil parish of Ampleforth in the Ryedale district of North Yorkshire, England (about 23 miles [37 km] north of York, and on the edge of the North York Moors National Park), followed by the University of Grenoble, a former university in the city of Grenoble, France.
Life and career
Bamford has been outspoken on the need for the Government to champion manufacturing in the UK and commissioned a report in 2012 on the subject which was sent directly to David Cameron. He was elevated to the House of Lords in August 2013.
Bamford is married to Carole, Lady Bamford, OBE.
Outside of business, Bamford is a well-known collector of early vintage Ferraris, and is the only individual to own two Ferrari 250 GTOs. He was also once the owner of a 1954 Mercedes-Benz W196 grand prix car raced by the five-time world champion Juan Manuel Fangio of Argentina.
In 1974, he sued the then MP Jeffrey Archer for bankruptcy after Archer failed to repay a £172,000 loan. Archer had lost the money in a fraudulent share scam. Archer later repaid the money from his earnings as a novelist and Bamford subsequently withdrew the bankruptcy notice.
In June 2016, Bamford wrote a letter in support of voting to leave the European Union to his employees. JCB has donated £100,000 to the Vote Leave campaign. In 2000, JCB was fined £22m (€39.6m) by the EU for antitrust breaches.
Bamford owns mansions in several countries (including in England Daylesford House and Wootton Lodge), a yacht and vintage cars. Although he was linked to offshore tax havens in the Panama papers through sole ownership of Casper Ltd., his spokesman said the company was inactive for its entire existence before being dissolved in 2012.
Styles and honours
- Mr Anthony Bamford (1945–90)
- Sir Anthony Bamford (1990–2002)
- Sir Anthony Bamford DL (2002–2013)
- The Lord Bamford DL (2013–present)
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| Chairman of JCB