British billionaire and Telegraph co-owner Sir David Barclay dead at 86

British billionaire and Telegraph co-owner Sir David Barclay dead at 86


Sir David Barclay — the British billionaire who with his twin brother built a business empire that included ownership of the Telegraph Media Group — has died. He was 86.

The tycoon died unexpectedly on Sunday after a short illness, The Telegraph reported Tuesday.

Working alongside his identical twin Sir Frederick, the younger by 10 minutes, David operated an empire that included shipping, retail and media holdings.

Trending: New Evidence Emerges: Capitol Police Officer Did Not Die From Fire Extinguisher

The brothers, who often dressed alike, earned a reputation for avoiding publicity and press scrutiny.

“Privacy is a valuable commodity,” David once reportedly said. “There is no incentive for us to talk about our business affairs.”

In 2020, their wealth was estimated at around $9 billion in The Sunday Times’ “Rich List,” a ranking of the UK’s wealthiest individuals and families.

They were knighted side-by-side in identical purple ties in 2000, for their charity work, with David remarking to reporters at the time: “For us, it’s a wonderful day, according to Forbes.

“It’s a

Continue reading

You Might Like

Do NOT follow this link or you will be banned from the site!
Send this to a friend