Biography: Lord Alan Sugar

Biography: Lord Alan Sugar

Alan Michael Sugar, Baron Sugar, Kt (born 24 March 1947) is a British entrepreneur, media personality and political advisor. From humble origins in the East End of London, Sugar now has an estimated fortune of £770m (US$1.14 billion), and was ranked 89th in theSunday Times Rich List 2011. In 2007, he sold his remaining interest in the consumer electronics company Amstrad, his largest and best known business venture.

Sugar is also notable for his time as chairman of Tottenham Hotspur from 1991 to 2001. He starred in the BBC TV series The Apprentice, which has run to seven series. It has been broadcast annually since 2005 and is based upon the popular U.S. television show of the same name, featuring entrepreneur Donald Trump.

 

Sugar was born in Hackney, east London. He is the youngest of four children of Fay (1907–1994)  and Nathan (1907–1987)[9] Sugar. His father was a tailor in the East End garment industry.

When Sugar was a child, his family lived in a council flat. Because of his profuse, curly hair, he was nicknamed “Mopsy”. He attendedNorthwold Primary School and then Brooke House Secondary School in Upper Clapton, Hackney, and made extra money by boiling and selling beetroot from a stall. In The Apprentice (2009), Sugar revealed “I was in the Jewish Lads Brigade, Stamford Hill Division, Trainee Bugler, but it didn’t make me sell computers!” After leaving school at 16,[12] he worked briefly for the civil service as a statistician at the Ministry of Education. He started selling car aerials and electrical goods out of a van he had bought with his savings of £100.

 

Sugar met his wife Ann (née Simons) when he was 17. They married on 28 April 1968; they have two sons and a daughter. Sugar and his wife live in Chigwell, Essex. They celebrated their 40th wedding anniversary on 11 May 2008 in a party at their home, where Bruce Forsyth was the compere, Jackie Mason the comic and Sir Elton John played a set. His niece through marriage is actress Rita Simons, best known for playing Roxy Mitchell on the popular UK soap opera EastEnders.

A collector of classic Rolls Royce and Bentley motor cars, Sugar owns a Rolls Royce Phantom with the number plate AMS1, which appears during all episodes of The Apprentice. A qualified pilot with 30 years experience, Sugar owns a Cirrus SR20 four-seat aircraft, based at Stapleford Airfield. During an attempted landing at Manchester City Airfield on 5 July 2008, Sugar suffered a crash in this aircraft due to wet soft field conditions. No injuries were sustained, although Sugar was said to be “very shaken”. He is a fan of and the former owner of Tottenham Hotspur.

In February 2009, it was reported that Sugar had initiated legal proceedings against The Sun newspaper following a report that he had been named on a “hit list” of British Jews in response to Israel’s ongoing military operation in Gaza. The threats are alleged to have been made by Glen Jenvey, the source of the original story in The Sun, who posted to a Muslim website under a false identity.

In February 2009, the Evening Standard journalist Andrew Gilligan claimed that Sugar had been approached to be the Labour candidate for Mayor of London in 2012. Sugar subsequently ridiculed the claim in an interview with The Guardian. But, during Prime Minister Gordon Brown’s cabinet reshuffle on 5 June 2009, the BBC reported that Sugar would become Lord Sugar and had been offered a job as the government’s “Enterprise Champion”. On 7 June 2009 Sugar sought to clarify the non-political nature of his appointment. He stated that he would not be joining the government, that the appointment was politically neutral, and that all he wanted to do was help businesses and entrepreneurs.

Added on: January 27th, 2012

Category: BIOGRAPHY, DOCS, ENTREPRENEURS, MONEY

 
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