Bruno Schroder
{{Short description|British banker (1933–2019)}}
{{Use dmy dates|date=February 2020}}
{{EngvarB|date=February 2020}}
{{Infobox person
|name = Bruno Lionel Schroder
|image =
|caption =
|birth_name = Bruno Lionel Schroder
|birth_date = {{birth date|df=y|1933|01|17}}
|birth_place =
|death_date = {{death date and age|df=y|2019|02|20|1933|01|17}}
|death_place =
|known_for =
|occupation = Banker
|education = Eton College
|alma_mater = University of Tours
University College, Oxford
Harvard Business School
|nationality = British
| spouse = Patricia "Piffa" Holt
Suzanne von Maltzahn
| children = Leonie Schroder
}}
Bruno Lionel Schroder (17 January 1933 – 20 February 2019) was a British banker and billionaire and a significant landowner in Scotland. He was a direct descendant of Johann Heinrich Schröder, co-founder of financial institution Schroders, and the longest serving non-executive board member of any company on the London FTSE 100.{{Cite news|url=https://www.forbes.com/profile/bruno-schroder/|title=Bruno Schroder & family|work=Forbes|access-date=3 October 2018}} Forbes magazine estimated Schroder's family wealth at US$6.2 billion in August 2018.
Schroder owned the 17,500 acres Dunlossit Estate on the island of Islay in Scotland's Inner Hebrides.Christine Seib. "Business big shot Bruno Schroder." The Times, London, 24 May 2007: pg 55.
Early life
He was born on 17 January 1933, to Baron Helmut William Bruno Schröder and Margaret Eleanor Phyllis Darell.{{cite news|url=https://www.bloomberg.com/billionaires/profiles/bruno-l-schroder/|title=Bloomberg Billionaires Index: Bruno Schroder|newspaper=Bloomberg.com|accessdate=22 February 2019}}{{cite web|url=https://beta.companieshouse.gov.uk/company/03909886/officers|publisher=Companies House, Government of the United Kingdom|title=SCHRODERS PLC – Officers (free information from Companies House)|accessdate=10 September 2016}} His sister, Baroness Charmaine Brenda Schröder, married merchant banker George von Mallinckrodt.Mosley, Charles, editor. Burke's Peerage, Baronetage & Knightage, 107th edition, 3 volumes. Wilmington, Delaware: Burke's Peerage (Genealogical Books) Ltd, 2003, volume 1, page 1030.
His maternal grandparents were Sir Lionel Darell, 6th Baronet and the former Eleanor Marion Edwards-Heathcote (daughter of Justinian Edwards-Heathcote, MP for North West Staffordshire).{{cite book |last1=Burke |first1=Bernard |title=A Genealogical and Heraldic History of the Landed Gentry |date=1925 |publisher=Burke Publishing Company |page=857 |url=https://www.google.com/books/edition/A_Genealogical_and_Heraldic_History_of_t/3RVXAAAAYAAJ&pg=RA1-PA857 |access-date=25 July 2024 |language=en}}
He was educated at Eton, University of Tours, the School of Languages Hamburg, University College, Oxford, and Harvard Business School.{{cite news|last1=Rosser|first1=Nigel|title=Bank Baron enjoys a life less grand|url=https://www.standard.co.uk/news/bank-baron-enjoys-a-life-less-grand-6318971.html|accessdate=17 June 2014|work=London Evening Standard|date=20 March 2002}}{{cite web|title=Bruno Lionel Schroder|url=http://www.debretts.com/people-of-today/profile/3329/Bruno-Lionel-SCHRODER|website=Debrett's|accessdate=17 June 2014}} Schroder received an honorary doctorate from Heriot-Watt University in 2012.{{Cite web|url = http://www.hw.ac.uk/news/archive/2012/higgs-boson-scientist.htm|title = Higgs Boson Scientist Awarded Heriot-Watt honorary degree|publisher = Heriot-Watt University|accessdate = 29 March 2016}}
Career
Schroder joined the commercial banking and corporate finance division of J. Henry Schroder Wagg & Co. in 1960, and was appointed a director of Schroders in 1963. Schroder was a non-executive director of Schroders and a member of the company's nominations committee.{{cite web |title=Forbes profile: Bruno Schroder & family |url=https://www.forbes.com/profile/bruno-schroder/ |website=Forbes |accessdate=30 August 2018}} In 2017 Schroder donated £50,000 to the "Remain" campaign against Brexit as well as the campaign against Scotland leaving the UK.{{Cite news|url=https://www.businessinsider.com/sunday-times-rich-list-2017-biggest-donors-to-the-remain-campaign-against-a-brexit-2017-5|title=The 23 biggest donors to the 'Remain' campaign against Brexit|work=Business Insider|access-date=3 October 2018}}
In August 2018, Schroder's net worth was estimated at $6.2 billion.
Personal life
In 1969, Schroder married Piffa Holt. Before their divorce, they were the parents of a daughter:
- Leonie Schroder.{{cite web|url=https://www.thetimes.com/article/schroders-considering-board-seat-for-daughter-leonie-k5098gfj8|title=Schroders considering board seat for daughter Leonie.|first=Katherine Griffiths|last=Banking Editor|date=17 August 2018|access-date=30 August 2018|work=The Times}} In August 2018, Schroders were considering offering his daughter Leonie Schroder his seat on the main board, which he had held since 1963, when he stepped down.{{cite web|url=http://citywire.co.uk/wealth-manager/news/schroder-family-plans-board-role-for-daughter-in-succession/a1147667|title=Schroder family plans board role for daughter in succession|website=citywire.co.uk|accessdate=30 August 2018}} Schroder and his daughter were both on the board of the Dunlossit and Islay Community Trust.{{Cite web|url=https://suite.endole.co.uk/insight/company/SC310623-the-dunlossit-and-islay-community-trust|title=The Dunlossit And Islay Community Trust – Company Profile – Endole|website=suite.endole.co.uk|access-date=3 October 2018}}
His second wife was Danish-born Baroness Suzanne von Maltzahn (née Reventlow-Mourier). They divided the estate on Islay with Piffa who has her own part of the estate and is in residence when Schroder was in London.{{Cite news|url=https://www.standard.co.uk/news/bank-baron-enjoys-a-life-less-grand-6318971.html|title=Bank Baron enjoys a life less grand|work=London Evening Standard|access-date=3 October 2018}}
Schroder flew his private plane and was a keen breeder of Middle White pigs on the Dunlossit Estate. Schroder funded the Islay lifeboat and sponsored the island's Highland games, the Argyllshire Gathering. Schroder also helped restore an old whisky distillery on Islay. Schroder was one of a number of wealthy individuals who cashed a cheque for 97 pence sent to them by Bizarre magazine in 2001.{{cite news|last1=Norman|first1=Matthew|title=The Guardian Diary|url=https://www.theguardian.com/politics/2001/apr/05/redbox|accessdate=15 August 2014|work=The Guardian|date=5 April 2001}}
He died on 20 February 2019, aged 86, "after a short illness".[https://www.schroders.com/en/media-relations/newsroom/all_news_releases/bruno-schroder/ Schroders: Press Release]{{cite web|url=https://www.ft.com/content/6d651cee-35c0-11e9-bd3a-8b2a211d90d5|title=Schroder family patriarch, Bruno Schroder, dies at 86|author=Peter Smith |date=21 February 2019|website=Financial Times|accessdate=21 February 2019}}{{cite web|url=https://www.fnlondon.com/articles/bruno-schroder-longest-serving-ftse-director-dies-at-86-20190221|title=Banking veteran Bruno Schroder dies at 86|first=Mark|last=Cobley|date=21 February 2019|website=fnlondon.com|accessdate=21 February 2019}}
{{Infobox COA wide
|motto=Vincet Veritas {{cite web|url=https://www.flickr.com/photos/baz_manning/12652055255/in/album-72157641255806714/ |title= Goldsmiths Hall, 84 Schroder BL |date= 13 July 2009 |publisher=Baz Manning |accessdate=22 November 2020}}}}
References
{{Reflist}}
Further reading
- {{cite book | last=Roberts | first=Richard | title=Schroders: Merchants & Bankers | publisher=Palgrave Macmillan | location=Basingstoke, UK | year=1992 | isbn=978-0-333-44511-2}}
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Category:Alumni of University College, Oxford
Category:Place of birth missing
Category:People educated at Eton College
Category:Harvard Business School alumni
Category:University of Tours alumni