Age, Biography and Wiki
Guy Hands was born on 27 August, 1959 in London, United Kingdom, is a Private equity investor. Discover Guy Hands'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 65 years old?
Popular As |
N/A |
Occupation |
Private equity investor |
Age |
65 years old |
Zodiac Sign |
Virgo |
Born |
27 August, 1959 |
Birthday |
27 August |
Birthplace |
London, UK |
Nationality |
United Kingdom |
We recommend you to check the complete list of Famous People born on 27 August.
He is a member of famous with the age 65 years old group.
Guy Hands Height, Weight & Measurements
At 65 years old, Guy Hands height not available right now. We will update Guy Hands'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 Guy Hands's Wife?
His wife is Julia Caroline Ablethorpe (m. 1984)
Family |
Parents |
Not Available |
Wife |
Julia Caroline Ablethorpe (m. 1984) |
Sibling |
Not Available |
Children |
Not Available |
Guy Hands Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Guy Hands worth at the age of 65 years old? Guy Hands’s income source is mostly from being a successful . He is from United Kingdom. We have estimated
Guy Hands'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 |
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Guy Hands Social Network
Timeline
In May 2019 he admitted to The Times that he had an addiction to roast potatoes and gravy and that he had sought treatment from hypnosis to combat it.
Hands started an art business before going to University. Once at Oxford it became known as ‘Artsake’ and employed a large number of Hands’ fellow students. While at university, he became friends with William Hague, who was later best man at his wedding, in 1984, to Julia Caroline Ablethorpe. The couple have two sons and two daughters. His wife's house in Kent, just outside Sevenoaks, was once presented to Winston Churchill, while his family's estate in Tuscany, Villa Saletta, produces wine and olive oil. The estate's wines have won several awards.
Hands was named the 2018 Philanthropist of The Year at the annual Spear's Wealth Management Awards for his contributions to a number of charities.
In an interview with the Mail on Sunday in March 2017, Guy Hands suggested that Terra Firma had recovered from the EMI investment, stating: "Of over 200 investors, barely a handful even mention it now. For them and Terra Firma it's over. We've all moved on."
In 2017 Guy and Julia Hands agreed to a deal to acquire McDonald's Nordic operations. The Nordic countries consist of approximately 435 restaurants, 95% of which are franchised. The deal will see Hands become the developmental licensee and master franchiser for McDonald's in the region.
A new, judge-led trial was heard by Mr Justice Burton in London in June 2016. After two days of evidence, during which Hands admitted on more than one occasion that he didn't have 'that memory anymore', lawyers for Terra Firma withdrew the case with all costs to be borne by Terra Firma. Burton said: “I’m sure this is the right result.” Citi said: "We have always maintained that the allegations made by Terra Firma were entirely baseless." Hands said the claims had been brought in good faith, but that documentation and memories of these events after nine years was no longer sufficient to meet the high demands of proof required, and that the matter is now closed.
They have also been significant supporters of Mansfield College, Oxford. In recognition of their significant contributions, Mansfield hosts an annual Hands Lecture series, whose speakers have included Lord Mandelson, David Boies and Bob Geldof. Since 2014, the Hands family has donated £2.2 million towards Mansfield's Love Lane building, which Will House the University's new Institute of Human Rights.
Hands and Terra Firma are also known for the failed investment in British music company EMI, which was later taken over by Citigroup, the main lender in the investment. Citigroup took ownership of EMI Group from Terra Firma on 1 February 2011, wiping out the firm's investments and writing off £2.2 billion of debt. Despite implementing an operational turnaround, Terra Firma was reported to have lost $2.5 billion in the EMI transaction, representing roughly one-third of Terra Firma's investor's capital as well as more than 60% of Hands' personal net worth. Hands had spent much of 2010 engaged in litigation with Citigroup, claiming the bank engaged in fraud during its auction of EMI in 2007. The lawsuit went to trial in New York in late 2010 and resulted in a jury finding in favor of Citigroup. This verdict was however overturned in May 2013, after a US federal appeals court found that the American trial judge, Jed Rakoff, had incorrectly instructed the jury on a point of English law.
Hands is well known for his frequently outspoken comments about the private equity industry. In April 2009 he moved from the UK to Guernsey where Terra Firma is based.
In April 2009, in protest at the UK tax system, Hands moved to the Bailiwick of Guernsey. Since then, he has not been to the UK and his family travel to Guernsey to see him. The writer Malcolm Gladwell called the move to Guernsey an “incredibly interesting pathology”, seeing exile from the UK as a significant reverse in the benefits of being immensely wealthy.
In 2002, Hands founded Terra Firma Capital Partners, as a spinout from Nomura, which he had built into one of the largest private equity investors in Europe. Terra Firma debuted with a €2 billion private equity fund, immediately making it one of the larger private equity investors in Europe.
The firm's early investments, while still a division of Nomura, focused on housing (Annington Homes), leasing companies and pubs. Since 2002, the firm has made major investments in the waste management (Waste Recycling Group), energy (BGCL, East Surrey Holdings, Phoenix Natural Gas, aircraft leasing (AWAS), cinema (Odeon Cinemas/UCI) and music sectors (EMI). TFCP has also made significant investments in German residential housing (Deutsche Annington) and motorway services (Tank & Rast).
Hands first donated money to Mansfield College in 1995, and has since been active in its development. One of the areas of change Hands has been vocal on was the decision to focus on providing educational access to ‘non-typical students’. The College now claims a UK state school intake of 91.4% compared with just under 60% for the rest of the University - a statistic which Hands stated ‘puts Mansfield in a different league’.
Hands started his career in 1982 as a eurobond trader at Goldman Sachs. He was appointed Head of Eurobond trading in 1986 and later rose to become head of global asset structuring world-wide for Goldman's European division in 1990. In 1994, Hands left Goldman to found Nomura's Principal Finance Group, which focused on European private equity investments. Hands joined Nomura after three other banks, including Goldman, turned down his investment plan. At Nomura, Hands and his team completed over $20 billion of leveraged buyouts. By 2000, Hands was reported to have generated profits for the bank in excess of $1.9 billion making him a star financier in London. Hands' most notable acquisitions at Nomura included Annington Homes, as well as William Hill, the bookmaker, and Angel Trains, the UK rolling stock company. As well, Hands effectively became the UK's biggest pub landlord through a series of acquisitions in the 1990s.
Hands studied Philosophy, Politics and Economics at Mansfield College, Oxford. At Oxford, Hands held the office of Bursar of the Oxford Union and was also President of the Oxford University Conservative Association in Michaelmas Term 1980. Hands later provided funding for construction of the Hands Building at Mansfield College.
Hands was born in London, to South African parents, by way of Southern Rhodesia. He was educated at Holy Trinity School, Cookham, where he was diagnosed as severely dyslexic. Subsequently, he was sent to Ravenscroft Preparatory School, a special needs school, aged 9 and The Judd School, Tonbridge. More recently, Hands contributed the funds for the construction of the Guy Hands Library at the Judd School. In a Ravenscroft production of Macbeth in 1970, he played the part of Lady Macbeth opposite Christopher Newbury as Macbeth.
Guy Hands (born 27 August 1959) is an English financier and investor. He is most notable as the founder and chairman of Terra Firma Capital Partners, one of the largest private equity firms in Europe. Hands also served as chairman of the UK music company EMI.