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Lansdown joins Hargreaves on billionaires' list
Markets
by Alex Steger on Mar 05, 2013 at 07:07
Hargreaves Lansdown founder Stephen Lansdown has joined business partner Peter Hargreaves on Forbes list of billionaires.
Lansdown (pictured) set up the Bristol-based firm with Hargreaves in 1981, stepping down in November last year.
He has benefitted from a 67% rise in Hargreaves Lansdown share prices in the last year.
Forbes rates his fortune at $1.5 billion.
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by Nisha Long, James Poulter on May 22, 2013 at 12:11
3 comments so far. Why not have your say?
Hotrod
Mar 05, 2013 at 13:01
I don't know how the figures break down but it would appear that his fortune has been made on the back of dumb investors churning their shares ?
report thisAnonymous 1 needed this 'off the record'
Mar 05, 2013 at 13:29
You're right Hotrod, you don't know.
A very small amount of research will quickly help you establish how ignorant you are.
report thisTheSickManOfEurope.com
Mar 06, 2013 at 06:16
Reply to Hotrod.....
This "dumb" investor has made 93% return on his saving/investments with HL over the past 3 years.....5% on Feb alone.
How much has a smart guy like you made on yours?
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