UK company update
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Part of the inspiration for this list comes from Crying From the outgoing Baillie Gifford fund manager James Anderson: “Why haven’t we developed any large companies?”
It will not destroy this sentiment. No modern British entrepreneur can compare with Elon Musk or Jeff Bezos, whose success at Tesla and Amazon drove Anderson’s performance at Bailey Gifford.
In a supporting article, we studied Why is it so And whether the British climate is changing. But here, we look at those entrepreneurs that have been established, if not huge, usually very large companies, and other entrepreneurs whose promises of future success have achieved lofty valuations.
The list is not exhaustive. Our rule of thumb is that the revenue or valuation is at least £500 million. Entrepreneurs do not have to be British talents to be eligible, but have close connections or bases in the UK. They do need to continue to participate in the company, although not necessarily leading it. They don’t need to be founders, but they need to be responsible for most of the growth.
The US comparable list will be dominated by the technology industry. This is not the case in the UK, where many of the top companies are in older industries. The people who built them are also usually older-and the vast majority are men.
If you know an entrepreneur that we ignore rather than deliberately exclude-please contact us or yell in the comments below, and we will issue an appropriate atonement award.