A man born with nothing can become a man who has everything. Lord Alan Sugar proved that hard work really pays off to its best. All the name and fame earned by Alan is of his own, the result of his own efforts and talents. He was nothing when he was born, and still, he stood up like a king building a huge empire of net worth not affordable by even many rich personalities. We cannot even count properly all the sources of his income. In a not-so-long period of time, he became a billionaire through his abilities and dedication.
Sugar was even Knighted for services to the home computers and electronics industry in the 2000 Ney Year Honours. The other holdings of Alan Sugar include two honorary Doctorates of Science, the number 1 rank in the Essex Power 100 list, and much more. Not only by money, but he is also by heart he is in the list of topmost personalities. He is a Philanthropist for charities like Great Ormond Street Hospital and Jewish Care. The other important topics that arise when we talk about Alan Sugar are The Apprentice, Amstrad, Tottenham Hotspur, and so on. These are briefly described in this blog.
Alan Sugar’s net worth
He is one of the richest people in the UK. The rich man Alan Sugar has a net worth of around 1.3 billion dollars. Although he is not so rich person by birth, his efforts, talents, and hard work paid him off, making him such a money full personality known for his richness. He started working from a very young age which shows his dedication towards life’s reality.
His source of income
He has various sources of income which converted him from rags to riches. The very important one is Amstrad. Alan Sugar set up his own business, Amstrad, at just 21. In the past, he sold hi-fi turntable covers, aerials, car radios, and many other electrical items. But then, in 1968, it was the launch of Amstrad’s personal computer that actually put his company on the top list and made him a billionaire by 1986. However, the brand faced many difficulties due to the stock market crash of 1987 and the other competitor companies.
He has done many works during his life to earn. Alan spent a whole decade as the chairman of Tottenham Hotspur Football Club. His 1985’s Amsprop, which sells commercial space in sought-after locations, has also benefitted him a lot. His advertising company, Amscreen, a jet charter business, Amsair, and an IT firm are in addition to those owned by Alan Sugar.
The popular BBC show, The Apprentice, added a feather to his cap. It was where he gained a lot more than before by hosting the show. This program premiered in 2005 and is still going on, enjoying an appreciable rating from the audience.
Who is Alan Sugar?
Alan Michael Sugar is a British business magnate, author, politician, political advisor as well as a media personality. He was born on 24th March 1947 in Hackney, East London. He took birth in a Jewish family. Nathan was his father, who was a tailor in the garment industry of East End. Because of the appearance of Alan Sugar, especially his curly hair, he was nicknamed as “Mop head”.
He used to live in a council flat with his family when he was young. During his school days, he even used to earn some money by working at a greengrocer. After that, at sixteen, he worked for the civil service as a statistician at the Ministry of Education. And the drastic change he bought in his status by his hard work and intelligence is seen in his net income, name, and fame.
His personal life
Alan Sugar married Ann Simons, a former hairdresser, on 28th April 1968 at the Great Portland Street in London. They are living a happily married life with two sons and a daughter. The beautiful couple lives in Chigwell in Essex. He is also a supporter as well as the former owner of Tottenham Hotspur. Also, the very sad thing is that both his brother and sister died due to COVID-19 in the December of 2020. He has achieved a lot in his life that involves many honors and awards also. He has also faced a number of controversies in his life, but it didn’t make him stop.
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