Alan M. Parker Explained

Alan M. Parker
Birth Date:31 March 1939
Birth Place:Rhodesia (now Zimbabwe)
Occupation:Businessman
Nationality:British
Spouse:Jette Parker
Children:3

Alan M. Parker (born 31 March 1939)[1] is a British billionaire businessman.

Early life

Alan M. Parker[2] was born into a family in Rhodesia (now Zimbabwe), the son of a British colonial civil servant.[3]

Career

Parker trained as an accountant, and worked for the Hong Kong–based DFS Group. He became DFS's third largest shareholder, and in 1997 when it was taken over by LVMH, Parker received about $840m (£464m) for his 20% stake.[1] [2] Parker also made money investing in hedge funds and high technology.[2]

As of 2014, Parker is living in Geneva, Switzerland and has a net worth of £2.34 billion.[1]

Philanthropy

His wife Jette sponsors The Royal Opera's Jette Parker Young Artists Programme.[4] In 1983 he founded the Oak Foundation, a philanthropic grant-making organisation.[5] [6]

Personal life

He is married to Jette Parker, and they have three children, Caroline, Natalie and Kristian.[3]

Notes and References

  1. Web site: Accountancy Rich List: 10-1. Economia. 6 November 2014. 7 November 2014. https://web.archive.org/web/20141107021013/http://economia.icaew.com/news/september-2014/accountancy-rich-list-10-1. dead.
  2. News: Nordheimer. Jon. Millions of Dollars Couldn't Keep DFS Group Together. 6 November 2014. NYT. 12 March 1997.
  3. Book: Conor O'Clery. The Billionaire Who Wasn't: How Chuck Feeney Secretly Made and Gave Away a Fortune. 27 August 2013. PublicAffairs. 978-1-61039-335-5. 205–206.
  4. News: Blackhurst. Chris. The cash kings. 6 November 2014. Evening Standard. 8 April 2009.
  5. https://oakfnd.org/values-mission-history/ Oak Foundation history
  6. https://www.influencewatch.org/non-profit/oak-foundation/ Influencewatch Oak Foundation