Doug Barrowman

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Doug Barrowman
Doug Barrowman.jpg
Born
Douglas Alan Barrowman

(1965-03-01) 1 March 1965 (age 54)
NationalityScottish
CitizenshipUnited Kingdom
EducationBachelor of Accountancy
Alma materGlasgow University
OccupationBusinessperson and investor
Known forFounding Aston Ventures and The Knox Group of Companies
Partner(s)Michelle Mone

Douglas Alan Barrowman is a Scottish businessman and investor. He is the founder and Chairman of the Knox Group of Companies.[1][2] Barrowman also founded Aston Ventures Group and previously worked at 3i.

Early life[edit]

Douglas "Doug" Barrowman was born on 1 March 1965 in Glasgow, Scotland. He was raised in Simshill, before moving to Rutherglen at the age of 13, where Barrowman attended Kings Park Secondary School. He later attended Glasgow University, graduating with a Bachelor of Accountancy degree in 1985.[3] Barrowman was the first person from his family to attend university.[4]

Career[edit]

After graduating, Barrowman completed his professional examinations and qualified as a Chartered Accountant.[5] At the age of twenty he set up paintball sites in Scotland as his first business. He then spent three years at 3i, a private equity fund.[6] Barrowman resigned from 3i in 1992, to set up his own corporate finance practice during the 1990s.[6] [7] He exited from this practice in 1999, to concentrate on his private investment vehicle Aston Ventures, which he founded in the late 1990s.[7]

Over the next ten years, Aston Ventures made 13 acquisitions of "old economy" businesses, including the third largest cable making company in the world B3 Cables, with a total turnover of about £400 million over that period. In 2008 Barrowman moved to the Isle of Man and founded The Knox Group of Companies which owned several businesses as well as Barrowman's interest in Aston Ventures. The Group is engaged in private equity, property and wealth management,[2][7][8] which has funds under management and administration of £1.5 billion.[9] In 2011 Barrowman co-founded the KHG Private Equity Fund.[10]In 2017 he became the interim Chairman of Ve Interactive, after an emergency cash injection and investment into the firm.[11]

Personal life[edit]

Barroman has six homes, an automobile collection with fifteen cars, and a private jet.[12] He was featured on a 2015 episode of the television series Million Pound Mega Yacht,[13][14][15] featuring his 183-foot yacht named Turquoise. He is also an art collector, with pieces by Picasso, Salvador Dali, and Marc Chagall. Barrowman has four children, two from each of his prior marriages.[4] Barrowman is also the founder of The Barrowman Foundation, a charitable organisation.[16] He has also lent pieces from his art collection to institutions such as the Manx Museum.[17] Barrowman has also lent pieces to London Galleries, such as his George Daniels Space Traveller Watch, which was featured at the V&A for the exhibition What is Luxury.[18]

References[edit]

  1. ^ "We could do with 120,000 people". Isle of Man Today. Retrieved 7 February 2017.
  2. ^ a b "View from the top". The Independent. 10 March 2004. Retrieved 7 February 2017.
  3. ^ "A tale of two towers". Manchester Evening News. 15 February 2007. Retrieved 7 February 2017.
  4. ^ a b "PressReader.com – Connecting People Through News". Scottish Daily Mail.
  5. ^ "Bra queen Michelle Mone finds love with billionaire tycoon who owns TWO superyachts". The Sun. 3 December 2016.
  6. ^ a b "Bra queen Michelle Mone finds love again". Daily Mail. Retrieved 7 February 2017.
  7. ^ a b c "A tale of two Dougies". Enforbusiness. Retrieved 7 February 2017.
  8. ^ Ltd, Insider Media. "Barrowman builds new venture".
  9. ^ "Knox Group of companies". Knoxgroupplc.com. Retrieved 7 February 2017.
  10. ^ "Aston Ventures' new vehicle ready to invest". The Business Desk. 10 March 2011.
  11. ^ "Tech unicorn Ve Interactive's valuation slashed to £300m". The Telegraph.
  12. ^ "Michelle Mone reveals amazing birthday treat she has in store for new boyfriend". The Evening Times.
  13. ^ "The weekend's TV highlights". The National.
  14. ^ "Highlights: Mega-Yachts". ABLE.
  15. ^ Noted. "On TV: March 26, 2016 – The Listener". Noted.
  16. ^ "About Doug Barrowman".
  17. ^ isleofman.com. "Knox-inspired dress now on display at Manx Museum - Isle of Man News :: isleofman.com".
  18. ^ "The V&A explores the meaning of Luxury-Telegraph".