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.
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.