Michael Bruce (entrepreneur)

For other people named Michael Bruce, see Michael Bruce (disambiguation).
Michael Bruce
BornJune 1973 (age 51)[1]
NationalityBritish
Known forCo-founder and CEO of Purplebricks
SpouseIsabel Bruce
Children5
RelativesKenny Bruce (brother)

Michael Bruce (born 28 June 1973) is a British entrepreneur, and the co-founder and ex CEO of the online estate agent Purplebricks.[2]

After studying Law in Southampton, Bruce embarked upon a legal career before purchasing Midlands estate agent Burchell Edwards with his brother Kenny in 2006, eventually selling it to Connells in 2011.[3]

Together with his brother they would go on to found Purplebricks in 2012, with the company floating on the Alternative Investment Market in December 2015 for $300m and increased in value to over $1billion before falling back to £300m by May 2019.[citation needed] Purplebricks has launched in the UK, Australia and the US and raised £100m from Axel Springer.[citation needed] In May 2019, Michael stepped down from his role as Chief Executive.

  1. ^ "Michael Patrick Douglas BRUCE". Companies House. Retrieved 24 July 2017.
  2. ^ "From idea to IPO in three years and a $billion business: Purplebricks founder Michael Bruce". City A.M. Retrieved 24 July 2017.
  3. ^ "Michael Bruce: The entrepreneur behind Purplebricks who's shaking the foundations of estate agency". London Evening Standard. Retrieved 24 July 2017.