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John Bloor – Billionaire

 John Stuart Bloor OBE, (born 16 June 1943) is an English businessman. His business, Bloor Holdings, owns both Bloor Homes and Triumph Motorcycles.

Career

Early life

Bloor was born in a small Derbyshire village, his father was a coal miner. He suffered from health problems, and long absences from school limited his formal education, leaving school at the age of 15.

Business

Bloor’s first job was as a trainee plasterer for a local building contractor. Two years later he set up his own business and began building his first house before he was 20. His building company, Bloor Homes, is now one of the largest privately owned house builders in the UK, and has contributed to the successful regeneration of the East Midlands. In 2002, housing sales reached 1,870 making Bloor Homes then the largest housebuilder to be owned by one man.

While attending the auction of the site of the former Triumph factory to buy the site for house construction, Bloor bought the collapsed Triumph brand in 1983. After sub-licensing the brand for a period, he invested over £80 million into rebuilding the marque, opening the new Hinckley factory in 1991. After a factory fire in 2002 stopped production the factory was rebuilt, and now produces 46,000 motorcycles per annum.

Personal life

Bloor lives in Swadlincote, South Derbyshire, England. Due to hip problems he rarely rides motorcycles, preferring a Range Rover.

Honours

  • In 1995 Bloor was awarded the OBE for services to the motorcycle industry
  • Honorary Doctor of Laws, University of Leicester

Summary

John Bloor
Born 16 June 1943 (age 73)
Derbyshire, England
Residence Swadlincote, South Derbyshire, England
Nationality British
Occupation Owner of Bloor Holdings
Chairman of Bloor Homes
Owner of Triumph Motorcycles Ltd
Net worth Increase£ 1.025 billion

Source:

  1. wikipedia

 

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