Manfred Gorvy Explained

Manfred Gorvy
Birth Name:Manfred Stanley Gorvy
Birth Date:1938 5, df=yes
Birth Place:South Africa
Nationality:South African
Known For:founder and chairman of Hanover Acceptances
Education:University of the Witwatersrand
Occupation:Investor, philanthropist
Spouse:Lydia R. Gorvy
Children:4, including Brett Gorvy

Manfred S. Gorvy (born 4 May 1938) is a South African billionaire investor and philanthropist based in London. He is the founder and chairman of Hanover Acceptances.

Early life

Manfred S. Gorvy was born on 4 May 1938 in South Africa.[1] He attended Parktown Boys' High School and later received a Bachelor of Commerce from the University of the Witwatersrand in Johannesburg.[1] [2]

Career

He founded Hanover Acceptances, a property, agribusiness and financial investment company, in 1974,[1] [2] and serves as chairman.[1] [2] The firm includes four subsidiaries: Dorrington; Refresco Gerber; African Realty Trust; Fresh Capital.[3] The Blackstone Group tried to acquire Refresco Gerber in 2014;[4] [5] the offer was rejected by Gorvy.[6]

He is a Fellow of the South African Institute of Chartered Accountants.[1]

In 2008, Gorvy was the 312th richest person in the United Kingdom, with an estimated wealth of £260 million, according to the Sunday Times Rich List.[7] Ten years later, he appeared on the Sunday Times Rich List 2018 as the 163rd richest person in the United Kingdom, with a reported fortune of £873 million.[8]

Personal life

He is married to Lydia R. Gorvy, who has served on the Board of Directors of Hanover Acceptances since 1991.[9] [10] They have four children.

Philanthropy

In 2011, the Gorvys endowed the refurbishment of a lecture theatre at the Victoria and Albert Museum in London,[11] which was then renamed The Lydia and Manfred Gorvy Lecture Theatre.[11] The couple have also made substantial donations to the Royal National Theatre,[12] the Tate,[13] [14] the Royal Shakespeare Company, and the Donmar Warehouse.[15] [16]

Notes and References

  1. Web site: Manfred Gorvy Who's Who SA. whoswho.co.za. en. 2017-10-05.
  2. Web site: Manfred S Gorvy. www.hanoveracceptances.com. 2017-10-05.
  3. Web site: Hanover Acceptances. www.hanoveracceptances.com. en. 2017-10-05.
  4. Ollie Gordon, Blackstone mulls £1.5bn takeover of drinks bottler, City A.M., 8 December 2014
  5. Ashley Armstrong, Former Orangina owner has the bottle for Refresco Gerber, The Daily Telegraph, 6 December 2014
  6. Anne-Sylvaine Chassany, Refresco Gerber eyes UK listing despite lacklustre environment, Financial Times, 5 June 2014
  7. News: Manfred Gorvy and family. 2008-04-27. The Sunday Times. 2017-10-05. 0956-1382.
  8. https://businesstech.co.za/news/wealth/244439/meet-the-ultra-rich-south-africans-youve-probably-never-heard-of/ "Meet the ultra-rich South Africans you’ve probably never heard of", Business Tech, 18 May 2018. Accessed 22 March 2019.
  9. Web site: Lydia R. Gorvy: Executive Profile & Biography - Bloomberg. www.bloomberg.com. 2017-10-05.
  10. Web site: Lydia R Gorvy. www.hanoveracceptances.com. 2017-10-05.
  11. Web site: The Lydia and Manfred Gorvy Lecture Theatre, 2011 . dead . https://web.archive.org/web/20160714032550/http://www.vam.ac.uk/content/galleries/level-4/room-LT-lydia-and-manfred-gorvy-lecture-theatre/ . 2016-07-14 . 2017-11-21 . Victoria and Albert Museum . en-GB.
  12. Web site: Major Gifts National Theatre NT Future. Theatre. National. ntfuture.nationaltheatre.org.uk. en. 2017-10-05.
  13. Louise Jury, Tate boss hails non-doms as he opens Tank galleries, London Evening Standard, 16 July 2012
  14. http://www.tate.org.uk/about/press-office/press-releases/new-tate-modern-tanks-open-public New Tate Modern Tanks open to the public
  15. http://www.rsc.org.uk/support-us/supporters/individuals.aspx Royal Shakespeare Company: Our supporters
  16. News: Support us Donmar Warehouse. Donmar Warehouse. 2017-10-05. en-US.