Age, Biography and Wiki
Ernest Saunders (Ernest Walter Schleyer) was born on 21 October, 1935 in Austria, is a manager. Discover Ernest Saunders'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 88 years old?
Popular As |
Ernest Walter Schleyer |
Occupation |
Business manager |
Age |
89 years old |
Zodiac Sign |
Libra |
Born |
21 October, 1935 |
Birthday |
21 October |
Birthplace |
Austria |
Nationality |
Austria |
We recommend you to check the complete list of Famous People born on 21 October.
He is a member of famous manager with the age 89 years old group.
Ernest Saunders Height, Weight & Measurements
At 89 years old, Ernest Saunders height not available right now. We will update Ernest Saunders'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 Ernest Saunders's Wife?
His wife is Carole Ann Stephing
Family |
Parents |
Not Available |
Wife |
Carole Ann Stephing |
Sibling |
Not Available |
Children |
Two sons and one daughter |
Ernest Saunders Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Ernest Saunders worth at the age of 89 years old? Ernest Saunders’s income source is mostly from being a successful manager. He is from Austria. We have estimated
Ernest Saunders's net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
manager |
Ernest Saunders Social Network
Instagram |
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Timeline
By a majority of 16-4 the ECtHR found that there was a breach of Article 6. The court rejected the argument of the British government that the complexity of large fraud cases and the public interest in securing a conviction justified the compulsion; the court also rejected the argument that power of a trial judge to exclude admissions was a defence in this case. The court stated that "the public interest cannot be invoked to justify the use of answers compulsorily obtained in a non-judicial investigation to incriminate the accused during the trial proceedings" and "the prosecution in a criminal case [must] seek to prove their case against the accused without resort to evidence obtained through methods of coercion or oppression in defiance of the will of the accused." Saunders was awarded damages of £75,000, which was paid in June 1997.
On 16 May 1991, the sentence was reduced to two and a half years.
Under his charge, early in 1986, Guinness plc launched a friendly takeover bid for Edinburgh-based Distillers Company plc, which was being stalked by a hostile bidder. This was effected by quietly boosting the Guinness share price. Subsequent to the bid, which resulted in success for Guinness, Saunders was charged (along with Jack Lyons, Anthony Parnes and Gerald Ronson) and convicted on 27 August 1990 of counts of conspiracy to contravene section 13(1)(a)(i) of the Prevention of Fraud (Investments) Act 1958, false accounting and theft, in relation to dishonest conduct in a share support operation (see Guinness share-trading fraud). A series of appeals was finally dismissed in December 2002, although a ruling by the European Court of Human Rights in Saunders v. the United Kingdom declared that the defendants were denied a fair trial by being compelled to provide potentially self-incriminatory information to Department of Trade and Industry (DTI) inspectors which was then used as primary evidence against them. This breached their privilege against self-incrimination.
He had a career in management with Beecham, Great Universal Stores and Nestlé before becoming chief executive of Guinness plc (now a part of Diageo plc) in 1981, remaining in the position until 1986. He was renowned for his ruthless cost-cutting efficiency, earning from his employees the sobriquet 'Deadly Ernest'.
He was born Ernest Walter Schleyer in Austria and moved to the United Kingdom in 1938 when his parents – a Jewish gynaecologist and an Austrian mother – emigrated to escape Nazi rule. He was educated at Emmanuel College, Cambridge. He married Carole Ann Stephing in 1963, and has two sons and one daughter.
Ernest Walter Saunders (born 21 October 1935) is a British former business manager. He became known in the UK as one of the "Guinness Four", a group of businessmen who attempted fraudulently to manipulate the share price of the Guinness company. He was sentenced to five years' imprisonment, but released after 10 months as he was believed to be suffering from Alzheimer's disease.