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.
What business does Alan Sugar own?
Alan Sugar has been involved in several successful businesses throughout his career. Sugar has owned or been involved which include:
- Amstrad: Sugar founded Amstrad in 1968 as a producer of consumer electronics such as radios and hi-fi systems. In the 1980s, Amstrad became a leading computer manufacturer in the UK, producing popular models such as the Amstrad CPC and the Amstrad PCW.
- Viglen: Sugar founded Viglen, a manufacturer of personal computers and IT solutions, in 1997. The company was eventually sold to a larger IT services firm in 2012.
- Amsair: Sugar founded Amsair, a private jet charter service, in the 1980s. The company was later sold to another aviation services firm.
- Amsprop: Sugar is the founder and chairman of Amsprop, a property investment and development company that has completed numerous high-profile projects in the UK and overseas.
How many businesses does Alan Sugar have?
As a successful entrepreneur and investor, Alan Sugar has been involved in a wide range of businesses over the course of his career.
It is difficult to say exactly how many businesses he currently owns or is involved with, as his portfolio is constantly evolving and he is known for being highly active in the business world.