Anthony Bamford Net Worth

Age, Biography and Wiki

💰 Net worth: $6.3 Billion (2024)

Anthony Bamford, a well-known figure in the construction and engineering industry in the United Kingdom, is anticipated to have a remarkable net worth of approximately $6.3 billion by 2024. With his extensive involvement in the sector, including being the chairman of JCB, a leading construction equipment manufacturer, Bamford has accumulated significant wealth through his entrepreneurial ventures. He has demonstrated exceptional skills in harnessing opportunities and driving innovation in the construction industry, contributing to his remarkable financial success.

Some Anthony Bamford images

Biography/Timeline

Outside of Business, Bamford is a well-known collector of early vintage Ferraris, and is the only individual to own two Ferrari 250 GTOs. He was also once the owner of a 1954 Mercedes-Benz W196 grand prix car raced by the five-time world champion Juan Manuel Fangio of Argentina.

In 1974, he sued the then MP Jeffrey Archer for bankruptcy after Archer failed to repay a £172,000 loan. Archer had lost the money in a fraudulent share scam. Archer later repaid the money from his earnings as a Novelist and Bamford subsequently withdrew the bankruptcy notice.

Bamford expressed an interest in purchasing Jaguar Cars in August 2006, but backed out when he was told the sale would also involve Land Rover, which he did not wish to buy.

Prime Minister David Cameron recommended Bamford for a peerage in 2010. However, Bamford withdrew his name from consideration days before the members were announced.

Bamford owns mansions in several countries (including in England Daylesford House and Wootton Lodge), a yacht and vintage cars. Although he was linked to offshore tax havens in the Panama papers through sole ownership of Casper Ltd., the company was inactive for its entire existence before being dissolved in 2012.

On 3 October 2013 he was created a life peer taking the title Baron Bamford, of Daylesford in the County of Gloucestershire and of Wootton in the County of Staffordshire.

In June 2016, Bamford wrote a letter in support of voting to leave the European Union to his employees. JCB has donated £100,000 to the Vote Leave campaign. In 2000, JCB was fined £22m (€39.6m) by the EU for antitrust breaches.

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