James Hay (entrepreneur)
This biography of a living person needs additional citations for verification. (May 2019) |
James Hay | |
---|---|
Born | 7 June 1950 |
Nationality | British |
Employer | JMH Group |
Title | Chairman |
James "Jim" Hay (born 7 June 1950) is a Scottish born entrepreneur. He is the Chairman of Dubai-based JMH Group – a private family business operating in the construction and high end luxury goods markets.[1]
According to The Sunday Times Rich List in 2019, he is worth £325 million.[2]
Education[]
Hay studied at Strathclyde University, Glasgow, Scotland gaining a Bachelor of Science (B.Sc.) and Doctor of Philosophy (Ph.D.) in Applied Chemistry.[1] In 2013 he was welcomed to the ‘Strathclyde Academy of Distinguished Entrepreneur’s’ for his work with the JMH Group/Fosroc.[3]
Career[]
BP[]
In 1975 Hay joined BP as an engineer and went on to spend 27 years there.[4] He went on to become a senior executive at BP.[5]
JMH Group[]
In 2002, Hay founded the JMH Group, a private business which is today reported as having turnover in excess of $600m.[4][6] He is Chairman of the JMH Group which includes Fosroc as well as luxury goods brands Ray Ward, Bernard Wetherill (Savile Row men's outfitters) and Fitriani (women's fashion design and retailer).
Fosroc[]
Hay acquired Fosroc which provides Constructive Solutions for a wide variety of construction project.[7]
Horse racing[]
In 2006 Hay purchased Uplands, The Lambourn Yard from John and Lavinia Taylor.[8] In 2008 the Hay family were reported to have topped the list of buyers at South Africa’s yearling sales.[9]
In 2011, they purchased a share in Irish Derby and Champion Stakes winner Cape Blanco and 4 time Group 1 winner Fame and Glory.[10][11] Fame and Glory went on to win the 2011 Ascot Gold Cup, on a day when the Hays were invited to join the Queen's Royal procession in open-topped carriages from Windsor Castle.[12]
Birch Grove[]
In 2011, Hay and his wife Fitri purchased Birch Grove, the former home of Harold Macmillan in West Sussex.
The estate also includes a private golf course.[12]
References[]
- ^ a b "Jim Hay Bio". University of Strathclyde. Archived from the original on 6 October 2014. Retrieved 5 September 2014.
- ^ Times, The Sunday (12 May 2019). "Rich List 2019: profiles 351-399=, featuring the Queen, Elton John and David Beckham". ISSN 0140-0460. Retrieved 7 November 2019.
- ^ "Jim Hay Wins Award at 2013 Event". University of Strathclyde.
- ^ a b "Strathclyde People Spring 2009" (PDF). Strath.ac.uk. Archived from the original (PDF) on 24 September 2015. Retrieved 5 September 2014.
- ^ Armytage, Marcus (16 August 2006). "Owner plans to make hay at Uplands" (Press release). London: The Telegraph. Retrieved 5 September 2014.
- ^ "JMH Group Company Overview". Bloomberg Business Week. Retrieved 5 September 2014.
- ^ "Fosroc Company Overview". The Construction Index.
- ^ Armytage, Marcus (3 August 2005). "Uplands to Change Hands" (Press release). London: The Telegraph. Retrieved 5 September 2014.
- ^ Hogg, Alec (5 April 2008). "Foreigners scoop SA bloodstock cream" (Press release). MoneyWeb. Retrieved 5 September 2014.
- ^ "Tom Tate Parts Company with Jim & Fitri Hay". Racing Post.
- ^ "NTRA Bio on Jim Hay". Racing Post.
- ^ a b Eden, Richard (6 November 2011). "Carole Middleton's racehorse-owning friend Dr Jim Hay buys Harold Macmillan's former home" (Press release). The Telegraph. Archived from the original on 6 November 2011. Retrieved 5 September 2014.
- 1950 births
- Living people
- Alumni of the University of Strathclyde
- Scottish chief executives