Who is Alan Sugar?
Alan Sugar is a British business magnate, author, media personality, politician, and political adviser. In 1968, he established Amstrad, a consumer electronics firm that went on to become his most successful venture.
In 2007, he sold his remaining stake in a deal to BSkyB for £125m. Sugar served as chairman and part-owner of Tottenham Hotspur from 1991 to 2001, selling his remaining stake in the club for £25 million in 2007.
Alan Sugar Age, Birthday
Sugar is 74 years old as of 2021. He was born on March 24, 1947, in Hackney, East London, England. He celebrates his birthday on March 24th every year.
Alan Sugar Height
Rascon stands at a height of 5 feet 7 inches, about 1.73 meters tall.
Alan Sugar Education
Sugar studied at Northwold Primary School and afterward Brooke House Secondary School in Upper Clapton, Hackney, and worked part-time at a greengrocer.
Alan Sugar Family
Sugar was born into a Jewish household in Hackney, East London. Nathan, his father, worked as a tailor in the East End clothing industry. His paternal grandfather was born in Poland, while his maternal grandparents were born in Russia.
Sarah Sugar, his paternal grandmother, was born in London to Polish parents. Sugar grew up in a council apartment with his family.
Sugar announced in December 2020 that his brother and sister had died from COVID-19.
Alan Sugar Wife, Children
Sugar is an atheist. He is married to his lovely wife, Ann. In their marriage Sugar and his wife are blessed with three children, two sons, and a daughter. Sugar and Ann tied the knot on April 28 1968 in Great Portland Street, London.
Alan Sugar Net Worth and Wealth
Alan Sugar is a Billionaire. He has an estimated net worth of $1.2 billion and owns many businesses.
Sugar owns a four-seat Cirrus SR22 aircraft and a 13-seat Embraer Legacy 650 jet and a Florida home and multiple boats and a superyacht. He also has a big computer company called Amstrad (Alan Michael Sugar Trading) that he founded in 1968.
The company started out as a general importer/exporter and wholesaler but quickly specialized in consumer electronics.
He has also ventured in;
- Viglen Ltd
Alan is a philanthropist for organizations such as Jewish Care and Great Ormond Street Hospital, and in 2001 he contributed £200,000 to the British Labour Party. In 2017, he was declared the most powerful person in Essex after ranking first on the Essex Power 100 list.
Alan Sugar Tottenham Hotspur
In June 1991, Sugar teamed up with Terry Venables to buy Tottenham Hotspur after a take-over battle with Robert Maxwell.
Although Sugar’s first investment helped relieve the club’s financial difficulties at the time, his approach to Tottenham as a business venture rather than a footballing one made him an unpopular figure among Spurs supporters.
After Venables was sacked by Sugar, Venables filed an appeal with the high courts to be reinstated. During the summer, Sugar won a legal struggle on behalf of the club. During his tenure at Spurs, Sugar appointed seven managers.
Sugar sold his majority share in Tottenham to leisure group ENIC in February 2001, after speculation and confirmation on December 11, 2000, for £22 million.
Sugar sold his remaining 12 percent stake in the club to ENIC for £25 million in June 2007, bringing his 16-year association with the club to an end.
He referred to his tenure at Tottenham as “a waste of my life.” Sugar eventually gave £3 million from the profits of the sale of his Tottenham Hotspur shares to the renovation of the Hackney Empire in London’s East End.
- Age: 74 years
- Birthday: March 24
- Nationality: English
- Residence: Chigwell, Essex
- Wife: Ann
- Occupation: business magnate, author, media personality, politician, and political adviser.
- Net Worth: $1.5 billion
Alan Sugar The Apprentice
Sugar starred in the BBC reality show The Apprentice, which has aired one series every year since 2005, in the same position as Donald Trump in the US version, kicked off on 6th January 2022 at 9 pm on BBC.
Sugar fires at least one candidate per week until just one remains. Until 2010, the winner was working in his firm, and since 2011, he has formed a partnership with Sugar, involving a £250,000 investment to start their own business.
Sugar demanded that the program be more business-oriented than entertainment-oriented and that he be represented in a less harsh light to counter his sometimes confrontational persona, as a condition for participation in the third series.
Sugar has slammed the US version of The Apprentice for making the fatal mistake of attempting to alter things just for the sake of changing them, which backfired.
Alan Sugar Movies and Tv Shows
- Who Wants To Be a Millionaire
- The Real Sir Alan
- Doctor Who
Alan Sugar Amstrad
Sugar launched Amstrad (Alan Michael Sugar Trading) in 1968. Recognizing the possibility of the home computer age, Amstrad released an 8-bit system, the Amstrad CPC 464, in 1984.
Sugar made another important breakthrough in 1985 with the release of the Amstrad PCW 8256 word processor, which cost more than £300 but was still far less expensive than competing computers such as the Apple Macintosh Plus, which cost $2599.
On July 31, 2007, it was revealed that BSkyB had agreed to purchase Amstrad for around £125 million. Sugar announced his resignation as chairman of Amstrad on July 2, 2008, in order to focus on his other business activities.