Alan Sugar is a British businessman, media personality, and politician. Sugar is best known for founding the electronics company Amstrad in 1968, which produced a range of products including computers, audio equipment, and satellite receivers.
Sugar was the chairman and part-owner of Tottenham Hotspur from 1991 to 2001, selling his remaining stake in the club in 2007 as well, for £25m.
He is also known for being the host and “Boss” of the BBC reality competition series The Apprentice, which has been broadcast every year, with the exception of 2020, since 2005.
According to the Sunday Times Rich List, Sugar became a billionaire in 2015. In 2021, his fortune was estimated at £1.21bn, ranking him as the 138th-richest person in the UK.
Does Alan Sugar own Spurs?
Alan Sugar does not currently own Tottenham Hotspur Football Club (Spurs). He was the chairman of the club from 1991 to 2001, during which time he oversaw significant changes and improvements to the club’s facilities, finances, and performance.
In February 2001, after speculation and confirmation on 11 December 2000, Sugar sold his majority stake at Tottenham to leisure group ENIC, selling 27% of the club for £22 million.
In June 2007, Sugar sold his 12% remaining shares to ENIC for £25 million, ending his 16-year association with the club. He has described his time at Tottenham as “a waste of my life”.
Sugar later donated £3 million from the proceeds of the sale of his interests in Tottenham Hotspur to the refurbishment of the Hackney Empire in his native East End of London.
What does Alan Sugar own?
Currently, Sugar’s business interests include property development, media ventures, and other investments.
He is the founder and chairman of Amsprop, a property investment and development company, and has also been involved in various other businesses, including electronics, telecommunications, and finance.
Sugar is also known for his media ventures, having owned and produced several successful television shows in the UK. He has also been involved in philanthropic work, particularly in the areas of education and healthcare.