Guy Hands is a British investor and financier known for his outspoken comments about the private equity industry. He is the founder and chairman of one of Europe’s largest private equity firms, Terra Firma Capital Partners.
He also served as the chairman of the failed UK music company EMI, in which Terra Firma invested. In February 2011, the label was taken over by Citigroup, wiping out the firm’s investment and writing off approximately £2.2 billion of debt.
Terra Firma reportedly lost $2.5 billion in the EMI transaction, roughly one-third of its investor’s capital and more than 60% of Hands’ net worth.
In April 2009, Mr. Hands moved from the UK to the island of Guernsey, where his company Terra Firma is based.
Quick Facts About Guy Hands
Net Worth | $500 million |
Place of Birth | London, UK |
Natonality | British |
Date of Birth | 27 August 1959 (age 63) |
Spouse | Julia Caroline Ablethorpe |
Children | Four |
Occupation | Private equity investor |
Guy Hands Net Worth In 2022
Guy Hands is an English financier who has a net worth of $500 million as of 2022.
The most significant portion of his income is attributed to him being the chairperson of Terra Firma Capital Partners, one of Europe’s largest private equity firms.
The legendary investor and his Terra Firma have invested in several companies, many leading to huge successes. However, according to a 2019 article on MarketWatch, the 63-year-old financier has invested almost £15 billion in 33 businesses via his Terra Firma and admitted to suffering a string of recent setbacks following the significant failure of the music company EMI.
In one of his earliest ventures, during his time at Oxford, Guy carried on his previous art business, which became known as ‘Artsake,’ and employed many of his fellow students.
How Rich Is Terra Firma’s Founder Guy Hands?
Terra Firma’s founder Guy Hands is one of the wealthiest people in the United Kingdom, with over $500 million in net worth.
His firm Terra Firma is one of the leading investment companies whose investments include a US wind energy business (EverPower), a UK-based green energy business (Infinis), and an Italian solar energy business (RTR). Additionally, the firm has invested in various companies from different sectors.
Mr. Hands is also known for his worst investment; the U.K. music company EMI Group lost him almost £1.75 billion. The company’s impending debt of more than $4 billion led to its acquisition by Citigroup in February 2011.
He was born in London on 27 August 1959 to South African parents from Southern Rhodesia. He was diagnosed as severely dyslexic as a child, and at nine, he was sent to Ravenscroft Preparatory School, where he had a specialist class for people with dyslexia. He then studied at The Judd School, Tonbridge, where he later constructed the Guy Hands Library.
He studied Philosophy, Politics, and Economics at Mansfield College, Oxford, and graduated in 1982. He later provided funding for constructing the Hands Building at Mansfield College.
Who Is Guy Hands’ Wife?
British investor Guy Hands married his childhood sweetheart Julia Caroline Ablethorpe in 1984.
The couple has been together ever since and is the parents of four children; two sons and two daughters. Since 2009, they have resided on the island of Guernsey, where the firm Terra Firma is based.
Guy and Julia had a lavish wedding where many of their families and friends were present. Former MP and Conservative Party politician William Hague became friends with Hands at the University of Oxford and was the best man at the wedding.
Hands’ wife Julia’s house in Kent, just outside Sevenoaks, was presented to former UK Prime Minister Winston Churchill. At the same time, his family’s estate in Tuscany, Villa Saletta, produces several award-winning wines and olive oil.
The couple owns Hand Picked Hotels, a chain of 20 English country house properties. Julia Hands run the company.
Guy and Julia signed a deal to acquire McDonald’s Nordic operations in 2017, consisting of about 435 restaurants. The value made Hands the developmental licensee and master franchiser for McDonald’s in the region.
Some FAQs
What Is Guy Hands’s Net Worth?
British investor Guy Hands has an estimated net worth of $500 million.
What Is Guy Hands Famous For?
Guy Hands is known for being the chairman of Terra Firma Capital Partners.
Who Is Guy Hands Married To?
Guy Hands is married to Julia Caroline Ablethorpe.
How Many Children Does Guy Hands Have?
Guy Hands has four children; two sons and two daughters.
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