Age, Biography and Wiki

Terry Ramsden was born on 1952 in Enfield, United Kingdom, is an InvestorGambler. Discover Terry Ramsden'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 71 years old?

Popular As N/A
Occupation InvestorGambler
Age 71 years old
Zodiac Sign N/A
Born , 1952
Birthday
Birthplace Enfield, Greater London, England
Nationality United Kingdom

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Terry Ramsden Height, Weight & Measurements

At 71 years old, Terry Ramsden height not available right now. We will update Terry Ramsden'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 Terry Ramsden's Wife?

His wife is Lisa Ramsden

Family
Parents Not Available
Wife Lisa Ramsden
Sibling Not Available
Children 1

Terry Ramsden Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Terry Ramsden worth at the age of 71 years old? Terry Ramsden’s income source is mostly from being a successful . He is from United Kingdom. We have estimated Terry Ramsden'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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Timeline

2009

In 2009, he failed to keep up with payments claiming it was a result of being been unable to sell a property in Barbados.

2003

He started working in the private treaty market, creating a trading system which sped up equities transactions. This company grew to a market capitalization of £250 million. In 2003, the Jockey Club cleared him to race and own horses again. He owned Jake The Snake, a two-year-old horse named after his son. Jake won the Bet Direct No Q Maiden Stakes at Lingfield in December of that year, Ramsden's first win after prison. He later sold the horse after it failed to perform to expectations.

1997

In 1997, Ramsden breached the Insolvency Act after it was discovered he was hiding £300,000 worth of assets. He was sentenced to 21 months in prison, which he served 10. He was released in 1999 with a lack of support from the friends he acquired during his rich days. His wife and son were estranged.

1988

In 1988, following the 1987 stock market crash and later the Japanese asset price bubble bursting, Ramsden proceeded to lose vast sums of money including £57 to £58 million on racetrack gambling and suffered capital losses nearing £100 million. In 1991 he was arrested and jailed in Los Angeles for six months while awaiting extradition to the United Kingdom for fraud. In prison he witnessed gang violence. By 1992 he was £100 million in debt. He declared bankruptcy and pleaded guilty in 1993 to recklessly inducing fresh investments into Glen International. He received a two-year suspended sentence.

1984

Ramsden earned his initial money through lower stakes gambling on horse races. In 1984 he purchased Glen International, an Edinburgh-based company. He focused the company on horse betting. In the first year he had a small annual turnover of £18,000, three years later that figure grew to £3.5 billion. He became United Kingdom's 57th richest man. His alleged peak net worth was approximately £150 million.

Between 1984 and 1987 his knowledge of horse racing and the Japanese market made him a fortune. By 1986 he was worth over £100 million. He owned several houses including one in Los Angeles, and over 100 horses. That same year he placed a £500,000 wager on his own horse Mr. Snugfit in the Grand National. Mr. Snugfit came in 4th resulting in a £1 million profit for Ramsden.

1971

Ramsden was raised in Enfield the son of a GPO Telephones engineer. He began working as an insurance clerk and realized being employed by another would never lead to the wealth he was seeking. In 1971 at the age of 19 he was self-employed and earned £25,000 his first month.

1952

Terry Ramsden (born 1952) is an English investor and gambler from Enfield who focused on horse betting and the Japanese stock market.