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Grizzly Bulls’ Billionaires Index

⬅ # 432 Karen Pritzker|# 434 Ling Tang ➡

# 433 Anthony Bamford 

$7.02B

Real Time Net Worth
as of 11/21/2024
$4 (0.00%)

# 433 Anthony Bamford 

$7.02B

Real Time Net Worth
as of 11/21/2024
$4 (0.00%)
OccupationChair, JCB
Source of WealthConstruction Equipment
Age79
ResidenceGloucestershire, United Kingdom
Marital StatusMarried
Children3
EducationBS, Grenoble University
Age-Adjusted Net Worth$1.94B
Anthony Bamford
Anthony Bamford
United Kingdom
Net worth: $7.02B

Self-Made Score 

Rado True Square Swiss Automatic Watch with Ceramic Strap

Wealth History

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Biography

Overview

Anthony Paul Bamford, Baron Bamford, DL, HonFREng, was born on October 23, 1945, in England.
He succeeded his father, Joseph Cyril Bamford, as chairman and managing director of J.C. Bamford Excavators Limited (JCB) in 1975, at the age of 30.
Bamford was educated at Ampleforth College and later attended the University of Grenoble.
In 1990, Bamford was knighted for his contributions to business.

Career Highlights

JCB, the construction equipment manufacturer owned by Bamford and his family, generates over $5 billion in annual revenue and operates in 150 countries.
Bamford is a major donor to the UK Conservative Party, contributing significant amounts between 2007 and 2017, and during the 2019 general election campaign.
He was elected to the House of Lords in August 2013, taking the title Baron Bamford of Daylesford and Wootton.
Bamford is known for championing manufacturing in the UK and was outspoken in support of Brexit, leading JCB to leave the CBI over its anti-Brexit stance.
In 2014, Bamford was elected an Honorary Fellow of the Royal Academy of Engineering for his contributions to the field.

Legal and Political Involvement

In 1974, Bamford sued MP Jeffrey Archer for bankruptcy after Archer failed to repay a £172,000 loan lost in a fraudulent share scam.
JCB was fined £22 million by the European Commission in 2000 for antitrust breaches, leading to a lengthy legal battle.
Bamford's political involvement includes significant donations to the UK Conservative Party, with JCB entities contributing millions of pounds.
He has been vocal about the importance of manufacturing in the UK and supported Brexit, leading JCB to leave the CBI over its anti-Brexit stance.
In 2023, Bamford was named the 33rd most powerful right-wing political figure in the UK by New Statesman.

Personal Life and Philanthropy

Bamford is married to Carole Whitt, and they have three children: Jo, George, and Alice.
He is a car collector, known for his extensive collection valued over £260 million, which includes rare vintage Ferraris.
He owns mansions in several countries, including Daylesford House and Wootton Lodge in England.
Despite being linked to offshore tax havens through Casper Ltd., Bamford's spokesman stated the company was inactive and dissolved in 2012.
Bamford's son, Jo Bamford, is also a businessman and founded a green hydrogen investment fund.
He is closely associated with figures like Tony Blair, King Charles III, and Boris Johnson, providing his estate for Johnson's wedding party in 2022.

Anthony Bamford's Wealth is Equivalent to:

5,406,467 Herman Miller Aeron Chairs

Herman Miller Aeron Chair

1,328,855 Gold Bars (50 gram)

24K Solid 50g Gold Ingot

71,777 Tiny Homes

Tiny House, Two Bedroom Solar Prefab Home

How long would it take you to become as rich as Anthony Bamford?

If you started with $10,000 and invested an additional $500 each month at a 43.43% CAGR, it would take you 5 years to reach Anthony Bamford's net worth of $7.02B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 58.67% compared to 23.91% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Anthony Bamford is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Anthony Bamford, Construction Equipment is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Affiliate Disclosure: Some of the links on this page are affiliate links. This means that, at no additional cost to you, we may earn a commission if you click through and make a purchase. We only recommend products or services we believe will add value to our readers.

Edited by: Lee Bailey