Alan Sugar

The Lord Sugar
Sugar at the 2009 BAFTAs
Enterprise Champion to the Business Secretary
Assumed office
25 May 2016
Prime MinisterDavid Cameron
Theresa May
Boris Johnson
Liz Truss
Rishi Sunak
Keir Starmer
Business SecretarySajid Javid
Greg Clark
Andrea Leadsom
Alok Sharma
Kwasi Kwarteng
Jacob Rees-Mogg
Grant Shapps
Kemi Badenoch
Jonathan Reynolds
In office
5 June 2009 – 11 May 2010
Prime MinisterGordon Brown
Business SecretaryThe Lord Mandelson
Member of the House of Lords
Life peerage
20 July 2009
Personal details
Born
Alan Michael Sugar

(1947-03-24) 24 March 1947 (age 77)
Hackney, East London, England
Political party
Spouse
Ann Simons
(m. 1968)
Children3
RelativesRita Simons (niece)
Occupation
  • Business magnate
  • media personality
  • author
  • politician
  • political advisor

Alan Michael Sugar, Baron Sugar (born 24 March 1947) is a British business magnate, media personality, author,[3] politician, and political adviser.[4][5]

Sugar began what would later become his largest business venture, consumer electronics company Amstrad, in 1968. In 2007, he sold his remaining interest in the company in a deal to BSkyB for £125 million.[6] He was also the chairman and part-owner of Tottenham Hotspur Football Club from 1991 to 2001, selling his remaining stake in the club in 2007 as well, for £25 million.[6] He is the host and "Boss" for the BBC Television reality competition series The Apprentice, which has been broadcast every year, with the exception of 2020 and 2021, since 2005. He also assumed the role for The Celebrity Apprentice Australia for Australia's Nine Network in 2021.

Sugar was elevated to the House of Lords in 2009 as a Labour peer and was one of the party's biggest donors, but left the party in 2015 and subsequently expressed support for the Conservative Party.

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.[7]

  1. ^ "Lord Sugar". Parliament of the United Kingdom. Retrieved 24 March 2014.
  2. ^ Gayle, Damien; Wintour, Patrick (11 May 2015). "Alan Sugar resigns from Labour party over 'shift to left'". The Guardian. Retrieved 13 February 2021.
  3. ^ "Review: What you see is what you get: My Autobiograohy by Alan Sugar". independent. 30 October 2010.
  4. ^ "Let's do the business". The Jewish Chronicle. 14 May 2008. Retrieved 26 August 2014.
  5. ^ "Sir Alan, you're hired as our rep". The Jewish Chronicle. 19 May 2008. Retrieved 26 August 2014.
  6. ^ a b "BSkyB agrees £125m Amstrad deal". BBC News. 31 July 2007. Archived from the original on 15 December 2008. Retrieved 28 January 2009.
  7. ^ "The Sunday Times – The Rich List". The Times. Retrieved 16 May 2020.