Age, Biography and Wiki
Simon Wolfson (Simon Adam Wolfson) was born on 27 October, 1967 in London, is a Businessman. Discover Simon Wolfson'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 57 years old?
Popular As |
Simon Adam Wolfson |
Occupation |
Businessman |
Age |
57 years old |
Zodiac Sign |
Scorpio |
Born |
27 October, 1967 |
Birthday |
27 October |
Birthplace |
London, England |
Nationality |
United Kingdom |
We recommend you to check the complete list of Famous People born on 27 October.
He is a member of famous Businessman with the age 57 years old group.
Simon Wolfson Height, Weight & Measurements
At 57 years old, Simon Wolfson height not available right now. We will update Simon Wolfson'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 Simon Wolfson's Wife?
His wife is Eleanor Shawcross (m. 2012)
Family |
Parents |
Not Available |
Wife |
Eleanor Shawcross (m. 2012) |
Sibling |
Not Available |
Children |
Not Available |
Simon Wolfson Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is Simon Wolfson worth at the age of 57 years old? Simon Wolfson’s income source is mostly from being a successful Businessman. He is from United Kingdom. We have estimated
Simon Wolfson'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 |
Businessman |
Simon Wolfson Social Network
Timeline
Wolfson has been described as the businessman most in favour of Brexit, calling for radical change to prevent a long period of low growth. Talking to The Times, he predicted a very difficult 2016 for Next though he blamed a change in customer spending habits rather than uncertainty surrounding Brexit. Following the success of the Leave campaign, whilst most businessmen urged the Government not to rush proceedings, Wolfson said Britain's success now depended on the tone of trade negotiations, including with China, India and other global economies. However, in January 2017 Wolfson, who had warned the UK economy would collapse if the government failed to get trade agreements in place said the Government should declare its negotiating objectives and not rush things. Wolfson also blamed a "far worse than expected" slump in Next's share price and the issuing of a profit warning, on customers preferring non-clothing Christmas presents. The company, whose share price halved in 2016, warned that the Brexit devaluation would add 5% to prices and lead to further reduction in business.
In December 2016, Wolfson was appointed to the Chair of the Open Europe think-tank.
He voted loyally to the Conservatives in favour of working tax credit cuts in October 2015.
In 2013, he waived his £2.4 million bonus and gave it to the staff of Next who had been with the company since 2010. Wolfson earned £4.6m in 2013 at a time when the average pay of Next employees was £10,000. This led the GMB trade union supported by Paul Heaton to tour Next shops presenting anti-social behaviour awards to managers for their failure to provide a living wage. In 2014, for a second successive year, Wolfson waived his bonus and distributed it among staff, sharing some £3.8m. In May Retail Week reported that Next staff would be up to £1000 a year worse off after the company decided not to pay a premium for staff working on a Sunday. Those refusing a change of employment terms were allegedly told they risked being made redundant. The GMB union accused Wolfson of having a "total disregard for family life." In April 2017, the salaries of some of Next's most senior staff were cut following a 3.8% fall in profits though Wolfson's salary was raised by 1%.
Wolfson married Eleanor Shawcross in London in 2012. She is 14 years younger than he, and her career included working for 8 years as George Osborne's economic adviser. They had a son in 2013/14.
On 18 June 2010, Wolfson was created Baron Wolfson of Aspley Guise, of Aspley Guise in the County of Bedfordshire, and was introduced in the House of Lords on 6 July 2010. As of March 2019; he has not attended the house since October 2018; has a less than average attendance record for the House, and has spoken in the House on only 3 occasions since his entering the House in 2010, well below average for the House.
Wolfson is a prominent supporter of the Conservative Party, having donated to David Cameron's campaign in the 2005 leadership election and co-chaired the party's Economic Competitiveness policy review. He was named by The Daily Telegraph as the 37th-most important British conservative in 2007. He was one of 35 signatories to an open letter calling on the Chancellor of the Exchequer, George Osborne, to press ahead with the coalition government's plans to reduce the public finance deficit in one term in the face of opposition.
Wolfson joined Next as its most highly paid sales consultant ever, in its Kensington branch in 1991 for several weeks, the year his father was granted his peerage. The following year, he was taken on as assistant to Next's chief executive, David Jones. Wolfson was elevated within the company rapidly, being appointed to the board of directors in 1997, culminating in his appointment as chief executive in August 2001 but leading at least one city analyst to make allegations of nepotism. At the age of 33, this made him the youngest chief executive of a FTSE 100 company. He was one of the first businesspeople to predict the 2008–9 economic crisis.
Simon Adam Wolfson, Baron Wolfson of Aspley Guise (born 27 October 1967) is a British businessman and currently chief executive of the clothing retailer Next plc and a Conservative life peer. He is the son of former Next chairman David Wolfson, Baron Wolfson of Sunningdale, also a Conservative life peer. His full title, as recorded in the House of Lords (which reserves the prefix "Right Honourable" for members of the Privy Council) is "The Lord Wolfson of Aspley Guise".