Simon Justin Nixon (born August 1967) is an English billionaire businessman, the co-founder of and former deputy chairman of Moneysupermarket.com.
Video Simon Nixon
Early life
Nixon was born in Stamford, Lincolnshire. He was educated at St Richard Gwyn Catholic High School in Flint, followed by the University of Nottingham, but dropped out because he found his accountancy degree "boring".
Maps Simon Nixon
Career
Moneysupermarket was established in 1993 by Nixon, at the time a student at the University of Nottingham, and Duncan Cameron as a provider of off-line mortgage information to Independent Financial Advisors under the name Mortgage 2000. and in 1999 launched moneysupermarket.com providing on-line mortgage information. Since then the business has been developed to provide credit card and personal loan information. Nixon is currently the second largest shareholder in the company, behind Capital Group.
In December 2015, The Guardian reported that his next share sale, on which he avoided British capital gains tax at 28% having moved to Jersey in 2013, would make him a billionaire. In 2016 Nixon has sold his remaining 6.9% stake for £124m. In May 2017, the Sunday Times Rich List estimated his net worth at £1.176 billion.
Nixon runs an international luxury holiday rental website, Simon Escapes, offering holiday homes in some of his favourite destinations.
Nixon has said that backing fast-growing businesses helped him become a billionaire. He has invested over £100m into startups including organic food and drink website The Food Market and Kabbee, a price comparison and booking app for London minicabs.
Personal life
In 2013, Nixon had been living in Chester, and was considering moving abroad, because the British weather is so "bloody awful", but added that "I will always keep my roots in Chester. I would never sell my house in Chester - it's where my family and friends are."
In 2013, Nixon moved to Jersey. He has a "long term girlfriend", and also owns homes in Cornwall, Lake Windermere, Deia, Majorca, and Barbados.
References
Source of article : Wikipedia
0 Comments