Tony Gallagher (businessman)

Anthony Christopher Gallagher (born November 1951) is a British billionaire property developer, and the founder and former chairman of Gallagher Estates and Gallagher Developments.

Tony Gallagher
Born
Anthony Christopher Gallagher

November 1951 (age 68)
NationalityBritish
Occupationproperty developer
Known forfounder and former chairman of Gallagher Estates and Gallagher Developments
Net worth £1.05 billion (Sunday Times Rich List, 2020)

Early life

Anthony Christopher Gallagher was born in November 1951.[1] He father was an Irish builder who settled in the Midlands after the Second World War.[2]

Career

At various times, Gallagher has specialised in buying and preparing land plots for residential and commercial development, as well as investing directly in retail parks.[2]

In February 2017, London & Quadrant, a housing association, completed a deal to buy the private land company Gallagher Estates for £505 million.[3] Before the company's sale, Gallagher owned more than 45,000 house building plots throughout the Britain. The sale of Gallagher Estates is understood to have not included Gallagher's commercial development plots and retail park assets.[2]

The capital from the sale of Gallagher Estates were reinvested in Gallagher's private rented sector business, which holds a portfolio of properties in London and other big cities.[4]

Personal life

He is a Tory donor and hosted David Cameron's 50th birthday party at his mansion in Oxfordshire.[5] In 2015 he gave more than half a million pounds to the Conservative Party.[6]

Gallagher owns Sarsden House, a Grade II listed 17th-century mansion near Chipping Norton, Oxfordshire.[7] It was formerly owned by the politician Shaun Woodward, who in 2005 was selling it for £25 million.[8]

gollark: I gave them 10 trolley problems and had them pick their favourite one and response to it.
gollark: Russel's?
gollark: We also gave them an ethics test!
gollark: I think it was some CC music project.
gollark: I don't have a screenshot of that.

References
  1. "Anthony Christopher GALLAGHER - Personal Appointments (free information from Companies House)". Beta.companieshouse.gov.uk. Retrieved 13 May 2017.
  2. Shah, Oliver (2017). "Cameron backer set for windfall from £500m property sale". The Sunday Times. ISSN 0956-1382. Retrieved 2 January 2018.
  3. Isabelle Fraser (2 February 2017). "L&Q snaps up land investor Gallagher Estates in £505m deal". Telegraph.co.uk. Retrieved 13 May 2017.
  4. "Profiles: 100-196=". 7 May 2017. ISSN 0140-0460. Retrieved 2 January 2018.
  5. Oliver Shah (8 January 2017). "Cameron backer set for windfall from £500m property sale | Business | The Times & The Sunday Times". Thetimes.co.uk. Retrieved 13 May 2017.
  6. Strachan, Ian (26 January 2017). "Rich List 2017: No.10 - Tony Gallagher". birminghampost. Retrieved 2 January 2018.
  7. Fraser, Isabelle (5 August 2017). "The modern-day barons: inside the murky underbelly of land promotion". The Telegraph. ISSN 0307-1235. Retrieved 2 January 2018.
  8. Payne, Stewart (21 May 2005). "Woodward on move again - this time for £25m". The Daily Telegraph. Retrieved 2 January 2018.


This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.