Age, Biography and Wiki
Andrew Black (Andrew Wilson Black) was born on 13 May, 1963 in Carshalton, United Kingdom, is a British entrepreneur. Discover Andrew Black's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 61 years old?
| Popular As |
Andrew Wilson Black |
| Occupation |
Co-founder of betfair |
| Age |
61 years old |
| Zodiac Sign |
Taurus |
| Born |
13 May, 1963 |
| Birthday |
13 May |
| Birthplace |
Carshalton, London, England |
| Nationality |
United Kingdom |
We recommend you to check the complete list of Famous People born on 13 May.
He is a member of famous with the age 61 years old group. He one of the Richest who was born in United Kingdom.
Andrew Black Height, Weight & Measurements
At 61 years old, Andrew Black height not available right now. We will update Andrew Black's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
| Physical Status |
| Height |
Not Available |
| Weight |
Not Available |
| Body Measurements |
Not Available |
| Eye Color |
Not Available |
| Hair Color |
Not Available |
Who Is Andrew Black's Wife?
His wife is Jane
| Family |
| Parents |
Not Available |
| Wife |
Jane |
| Sibling |
Not Available |
| Children |
4 |
Andrew Black Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Andrew Black worth at the age of 61 years old? Andrew Black’s income source is mostly from being a successful . He is from United Kingdom. We have estimated
Andrew Black's net worth
, money, salary, income, and assets.
| Net Worth in 2023 |
>£200 million (2016) |
| Salary in 2023 |
Under Review |
| Net Worth in 2022 |
Pending |
| Salary in 2022 |
Under Review |
| House |
Not Available |
| Cars |
Not Available |
| Source of Income |
|
Andrew Black Social Network
Timeline
Black's known investments include a significant stake in Hydrodec Plc where he has acted as a non-executive director and whose UK operations he acquired in 2016; ownership of Morelands Riverdale, a science park being built at Hampton, Surrey; a 30% stake in golfbidder.com and a portfolio of early stage life sciences, gambling, sports and ecommerce business.
In 2010 Betfair was floated on the London Stock Exchange at a £13 share price which valued it at £1.4bn, making Black's 15% stake worth approximately £200m. Black is known to have retained much of his stake, benefiting from the share price's subsequent climb to £44 before Betfair was delisted when it was merged with Paddy Power in 2016.
On 3 August 2009 Black announced that he was going into partnership with Michael Owen with regard to Owen's Manor House Stables; Tom Dascombe has been hired as trainer and the stated ambition is to own and train Group 1 horses on the Flat. Black is the joint owner of racehorse Brown Panther who won the Goodwood Cup in 2013. In 2014 Brown Panther won the Irish St. Leger by six lengths.
He has won many awards, most notably Ernst & Young emerging entrepreneur of the year in 2002 (shared with Wray).
Other bet exchanges launched at the same time, but worked on the basis of offering single bets which interested punters would then accept individually. Betfair operated on a model more similar to a financial exchange, allowing among other things, multiple small bets to fill a position offered by a gambler wishing to place a large stake on a wager. This approach, combined with the acquisition of rival Flutter in 2001, secured Betfair 90% of the bet exchange market in the UK within a few years of launch.
Black and Wray launched Betfair in 2000, having secured £1m of investment from friends and family, having had requests for venture investment rejected by VC funds that they had approached.
Andrew Black (born 13 May 1963) is a British entrepreneur who, together with Edward Wray (gambling entrepreneur), and Morry Peter (Lord) founded Betfair, the world's first and largest bet exchange. He is now a noted angel investor in technology businesses in the UK and further afield, and is a keen race horse owner and professional bridge player.
Black was born on 13 May 1963, the son of a property developer and grandson of Tory MP for Wimbledon Sir Cyril Black, who campaigned, among other things, against gambling. He attended King's College School in Wimbledon where he excelled at maths (according to a moneyweek profile in 2009, not citable due to an entry in Wikipedia's blacklist) and then attended the University of Exeter but was asked to leave during his second year, saying later that he had spent most of his time at the bookies rather than attending lectures.
