Lord Alan Sugar is best known for hosting The Apprentice, a BBC competition show.
Sugar became a billionaire in 2015, according to the Sunday Times Rich List.
Here you’ll find everything you need to know about the UK’s wealthy, including Lord Alan Sugar.
Who is Alan Sugar?
Alan Sugar, a British entrepreneur, television personality, author, and politician, was born in Hackney, east London, in 1947.
Amstrad, his major commercial endeavor, is a consumer electronics company that he founded when he was just 21 years old in 1968.
Sugar was the chairman and part-owner of Tottenham Hotspur from 1991 to 2001.
However, he sold his club stake for £25 million in 2007.
Sugar was knighted for his contributions to business in the New Year Honours of 2000.
On July 20, 2009, Sugar was made a life peer as Baron Sugar of Clapton.
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He is best known for being the big boss on the BBC reality show The Apprentice since 2005. He played the same job on The Celebrity Apprentice Australia last year.
He does not profit from hosting the show, though, as he donates all of his earnings to Great Ormond Street Hospital.
Sugar has three children with his wife Ann Simmons, whom he married in 1968.
What is Alan Sugar’s net worth in 2022?
Lord Sugar, along with Sir James Dyson and Her Majesty The Queen, is one of the UK’s 171 billionaires.
His estimated net worth is £1.21 billion, making him the 121st wealthiest person in the United Kingdom.
Sugar was born in the East End of London and grew up in a council flat with a family that struggled to make ends meet – a far cry from the luxury he enjoys now.
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Who is the richest person in the UK?
Ineos’ founder, chairman, and owner, Sir James Ratcliffe, has a net worth of $17.3 billion (£13.12 billion).
Ineos is a British chemicals firm that is the world’s fourth-largest chemical corporation.
The 69-year-old has put his money into the sports business.
Sir Ratcliffe, on the other hand, is just the 113th richest person on the planet, with Elon Musk coming in first.
Musk is the co-founder and CEO of Tesla, and as of February 28, 2022, his net worth was $223 billion (£169.18 billion).
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What is The Apprentice?
The Apprentice is a Mark Burnett-created BBC reality competition show.
Throughout the season, 14 to 18 business-minded individuals compete, with one person being “fired” each week.
The contestants work in groups to solve a series of business-related challenges, with one team member serving as project manager and organizing the rest of the group.
The two teams fight against one another, with one contestant standing a chance to win a six-figure position as an apprentice for Lord Sugar.
Sugar is aided in the boardroom by two close business acquaintances who function as monitors.