Martyn Arbib
{{short description|British businessman|bot=PearBOT 5}}
{{Use British English|date=February 2021}}
{{Use dmy dates|date=February 2021}}
{{Infobox person
| name = Sir Martyn Arbib
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| birth_name = Martyn Arbib
| birth_date = {{birth date and age|1939|6|29|df=y}}
| birth_place = Hendon, London
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| education = Felsted School
| occupation = Businessman
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Sir Martyn Arbib (born 27 June 1939) is a British businessman who founded and led the Perpetual fund management company during the late 20th century.
Early life
Arbib was born in Hendon on 29 June 1939,England & Wales, Civil Registration Birth Index, 1916-2007{{cite news |title=Accountancy Rich List 2015: 24-11 |url=https://economia.icaew.com/features/the-accountancy-rich-list-2015/accountancy-rich-list-2015-24-to-11 |accessdate=4 December 2018 |work=Economia |date=27 August 2015}} and attended Felsted School, Essex. His family is Jewish.William D. Rubinstein, Michael Jolles, Hilary L. Rubinstein, The Palgrave Dictionary of Anglo-Jewish History, Palgrave Macmillan (2011), p. 34
Career
Arbib founded Perpetual Limited in 1973{{Cite web|title=Perpetual Limited|url=https://find-and-update.company-information.service.gov.uk/company/01101042|access-date=21 February 2021|website=Companies House}} in a small office at Hart Street, Henley-on-Thames, Oxfordshire.{{Cite web|date=24 June 2013|title=Ten Years Ago|url=http://www.henleystandard.co.uk/news/turning-back-the-pages/83914/ten-years-ago.html|access-date=2021-02-21|website=www.henleystandard.co.uk}} The company remained in the town as it expanded into newly built headquarters in 1994.{{Cite web|date=2011|editor-last=Townley|editor-first=Simon|title=A History of the County of Oxford: Volume 16 pp49-72 - Henley: Town Buildings|url=https://www.british-history.ac.uk/vch/oxon/vol16/pp49-72|access-date=21 February 2021|website=British History Online|publisher=University of London}}
He sold Perpetual to the fund manager AMVESCAP in 2001 for more than £1 billion, receiving £113m together with AMVESCAP shares worth £300m, and the company became known as Invesco Perpetual. He is a director of the Perpetual Japanese Investment Trust plc. He stepped down from Perpetual's board in 2015.{{Cite news|last=Times|first=The Sunday|title=Rich List 2020: profiles 304-399=, featuring Simon Cowell and Sir Elton John|newspaper=The Times |language=en|url=https://www.thetimes.com/uk/article/rich-list-2020-profiles-304-399-featuring-simon-cowell-and-elton-john-fsfw72cck|access-date=2020-08-07|issn=0140-0460}}
In January 2008, Swindon Town Holdings Limited, where Arbib is an investor but not a director, took control of Swindon Town FC.
The Arbib Foundation, established in 1987, sponsors schools in Slough, Berkshire which include the Langley Academy.{{cite web|url=http://www.langleyacademy.org/pages/arbibfoundation.html|title=The Arbib Foundation|website=The Langley Academy|access-date=10 July 2017}} Arbib was a major benefactor in the establishment of the River and Rowing Museum at Henley, which opened in 1998.{{cite web | url=http://www.rrm.co.uk/topnav/info_history.htm | title=History | publisher=Internet | work=River and Rowing Museum | date=2001 | accessdate=July 19, 2011 | archiveurl=https://web.archive.org/web/20010523052649/http://www.rrm.co.uk/topnav/info_history.htm | archivedate=May 23, 2001}} He was knighted in 2003 for services to charities, especially in education.{{London Gazette | issue = 56963| date = 14 June 2003| supp = y}}
=Political activity=
Arbib is a Conservative Party donor. During the 2019 general election, he donated £10,000 to the central party and £5,000 each to Conservative candidates Danny Kruger and Dominic Raab.{{cite web |title=View donation |url=http://search.electoralcommission.org.uk/English/Donations/C0479692 |website=The Electoral Commission |accessdate=29 May 2020}}{{cite web |title=Danny Kruger MP, Devizes |url=https://www.theyworkforyou.com/mp/25913/danny_kruger/devizes#register |website=TheyWorkForYou |accessdate=29 May 2020}}{{cite web |title=Dominic Raab MP, Esher & Walton |url=https://www.theyworkforyou.com/mp/24815/dominic_raab/esher_and_walton#register |website=TheyWorkForYou |accessdate=29 May 2020}}
Personal life
In his spare time, Arbib is interested in horse racing. His horse Snurge won the St. Leger Stakes in 1990. As well as Henley, he also has a home in Barbados.
His daughter Annabel is married to businessman Paddy Nicoll.{{cite web|url=https://www.standard.co.uk/news/financier-offers-10m-over-the-asking-price-for-record-country-house-sale-7238427.html |title=Financier offers £10m over the asking price for record country house sale | London Evening Standard |publisher=Standard.co.uk |date=2006-08-27 |accessdate=2017-07-10}} Her father bought Culham Court for her in 1997 for £12 million, and in 2006, the Swiss-born British financier Urs Schwarzenbach bought it for £35 million, £10 million above the asking price.
References
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External links
- [https://web.archive.org/web/20110522052002/http://www.timesonline.co.uk/richlist/person/0,,37913,00.html Rich list entry] in the Sunday Times, 2005
- [https://web.archive.org/web/20110522052012/http://www.timesonline.co.uk/richlist/person/0,,33770,00.html Rich list entry] in the Sunday Times, 2004
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Category:People educated at Felsted School
Category:People from Henley-on-Thames
Category:British racehorse owners and breeders
Category:Businesspeople awarded knighthoods
Category:Conservative Party (UK) donors
Category:Businesspeople from the London Borough of Barnet
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