Tony Gallagher (businessman) explained

Sir Tony Gallagher
Birth Name:Anthony Christopher Gallagher
Nationality:British
Occupation:property developer
Known For:founder and former chairman of Gallagher Estates and Gallagher Developments

Sir Anthony Christopher Gallagher (born November 1951) is a British billionaire property developer, and the founder and former chairman of Gallagher Estates and Gallagher Developments.

Early life

Anthony Christopher Gallagher was born in November 1951.[1] His father was an Irish builder, who settled in the Midlands after the Second World War.[2]

Career

At various times, Gallagher has specialised in buying and preparing land plots for residential and commercial development, as well as investing directly in retail parks.

In February 2017, London & Quadrant, a housing association, completed a deal to buy the private land company Gallagher Estates for £505 million.[3] Before the company's sale, Gallagher owned more than 45,000 house building plots throughout Britain. The sale of Gallagher Estates is understood to have not included Gallagher's commercial development plots and retail park assets.

The capital from the sale of Gallagher Estates were reinvested in Gallagher's private rented sector business, which holds a portfolio of properties in London and other big cities.[4]

Gallagher was knighted in the 2020 Birthday Honours for services to land development and the property business.

Personal life

He is a Tory donor and hosted David Cameron's 50th birthday party at his mansion in Oxfordshire.[5] In 2015 he gave more than half a million pounds to the Conservative Party.[6]

Gallagher owns Sarsden House, a Grade II listed 17th-century mansion near Chipping Norton, Oxfordshire.[7] It was formerly owned by the politician Shaun Woodward, who in 2005 was selling it for £25 million.[8]

Notes and References

  1. Web site: Anthony Christopher GALLAGHER - Personal Appointments (free information from Companies House) . Beta.companieshouse.gov.uk . 13 May 2017.
  2. News: Cameron backer set for windfall from £500m property sale. Shah. Oliver. 2017. The Sunday Times. 2018-01-02. 0956-1382.
  3. Web site: Isabelle Fraser . L&Q snaps up land investor Gallagher Estates in £505m deal . Telegraph.co.uk . 2 February 2017 . 13 May 2017.
  4. News: Profiles: 100-196=. . 2017-05-07. 2018-01-02. 0140-0460.
  5. Web site: Oliver Shah . Cameron backer set for windfall from £500m property sale | Business | The Times & The Sunday Times . Thetimes.co.uk . 8 January 2017 . 13 May 2017.
  6. News: Rich List 2017: No.10 - Tony Gallagher. Strachan. Ian. 2017-01-26. birminghampost. 2018-01-02.
  7. News: The modern-day barons: inside the murky underbelly of land promotion. Fraser. Isabelle. 2017-08-05. The Telegraph. 2018-01-02. en-GB. 0307-1235.
  8. News: Payne. Stewart. Woodward on move again - this time for £25m. 2 January 2018. The Daily Telegraph. 21 May 2005.