Rank #2820
Michael Spencer
Net worth $1.4B
Stock exchange · United Kingdom
- Born
- May 30, 1955
- Age
- 71
- Source
- Stock exchange
- Residence
- London, Suffolk
- Citizenship
- United Kingdom
- Marital status
- Married
- Children
- 3
- Education
- Bachelor of Arts/Science, Oxford University
Net worth over time
Biography
- Spencer founded inter-broker dealer NEX Group (formerly ICAP), which was acquired by CME Group in 2018 for $5.4 billion.
- After the half stock, half cash deal, Spencer was granted 3 million shares of CME.
- He now owns and runs private IPGL Group, which has more than ?1 billion in assets.
- A loyal Tory, Spencer served as the Conservative Party's treasurer from 2006 to 2010.
- Spencer was granted peerage by UK Prime Minister Boris Johnson, and now sits in the House of Lords.
Financial assets
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