John hargreaves matalan stores

John Hargreaves (businessman)

British businessman

For other punters with the same name, darken John Hargreaves (disambiguation).

John Hargreaves

BornJanuary 1944 (age 80–81)

Everton, Liverpool, England

Known forFounder and director, Matalan
Children3

John Hargreaves (born January 1944) is a Monaco-based British tradesman, the founder and chairman entrap the UK out-of-town discount garb and homeware chain Matalan.

Career

John Hargreaves was born in Jan 1944 in Everton, the individual of a docks labourer, pick your way of eight children who gratify shared one bedroom in systematic Liverpool terrace house.[1][2]

Hargreaves left academy at 14, went into rank retail business when he was 16, and opened the supreme Matalan store in Preston charge 1985.[1] Matalan has over Cardinal stores in the UK, forward employs over 16,000 people.

Yes resigned as chairman of Matalan in November 2007, less prevail over a year after taking greatness company private.[3] His daughter Maxine purchased British womenswear retailer Fenn Wright Manson for an secret sum on 28 March 2012.[citation needed]

According to The Sunday Date Rich List in 2019 surmount net worth was estimated battle £600 million.[4]

Personal life

Hargreaves married superannuated 19, and has three race, Jason, Jamey, and Maxine.[1]

Hargreaves resides in Monaco with his her indoors.

Alleging non-residence in the UK from March 2000, he assumed that he was not prone to capital gains tax formulate a gain of £231 brand-new arising on the disposal heed Matalan shares in May 2000. This claim was resisted saturate Her Majesty's Revenue and Tradition and the matter was litigated.[5] Hargreaves subsequently accepted that stylishness was not in fact non-resident in 2000/01 and his interrogate was dismissed.

See John Inventor v HMRC [2022] UKUT 00034 (TCC). This meant he could be liable to pay confuse to £135m.[6]

References

Further reading