Sir Philip Green
| Sir Philip Green | |
|---|---|
Green in 2007
|
|
| Born |
15 March 1952 Croydon, England, UK |
| Residence | Monaco |
| Nationality | British |
| Occupation | Businessman |
| Years active | 1967–present |
| Net worth | £3.8 billion (2017) |
| Political party | Conservative |
| Spouse(s) | Tina Green |
| Children | Chloe Brandon Stasha Palos (stepdaughter) Brett Palos (stepson) |
Sir Philip Nigel Ross Green (born 15 March 1952) is a British businessman, and the chairman of Arcadia Group, a retail company that includes Topshop, Topman, Wallis, Evans, Burton, Miss Selfridge, Dorothy Perkins, and Outfit. The BHS department store chain used to be part of the group.
Green has been involved in a number of controversies throughout his professional career, including his actions prior to the demise of BHS. In October 2016, the House of Commons approved a measure to ask the Honours Forfeiture Committee to strip Green of his knighthood for his role in the downfall of BHS.
Green was born on 15 March 1952 in Croydon, south London, into a middle-class Jewish family.
The son of a successful property developer and retailer, he has a sister, Elizabeth, five years his senior. His family moved to Hampstead Garden Suburb, a middle-class enclave in north London, and at the age of nine he was sent to the now-closed Jewish boarding school Carmel College in Oxfordshire.
When his father died of a heart attack, Green inherited the family business at the age of twelve. After leaving boarding school at 15, he worked for a shoe importer before travelling to the US, Europe and the Far East. It was on his return that he set up his first business at the age of 21, importing jeans from the Far East to sell on to London retailers. The business was assisted with a £20,000 loan (equivalent to £216,000 in 2014) backed by his family.
In 1979, Green bought up, at extremely low prices, the entire stock of ten designer-label clothes retailers that had gone into receivership. He then had the newly bought clothes dry cleaned, put on hangers, and wrapped in polythene to make them look new, and bought a shop from which to sell them to the public.
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