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Anthony Langley

From Wikipedia, the free encyclopedia

Tony Langley
Born
Anthony John Langley

December 1954 (age 69)
NationalityBritish
OccupationIndustrialist
Children3
Websitehttp://www.langleyholdings.com

Anthony John Langley (born December 1954) is a British billionaire industrialist, the owner of the international engineering and industrial group, Langley Holdings plc,[1] which he founded in 1975.

Career

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Langley is the owner of Langley Holdings, an engineering group based in Retford, Nottinghamshire, England. The group currently has over 90 trading subsidiaries and employs around 5,000+ people world wide, the majority at its factories in Norway, Germany, France and Italy.

Langley started the business in 1975, out of the ruins of his dissolved family business, aged just 21. In 2000, Langley bought Clarke Chapman, and sales reached $75 million. This gave means to the growth of Langley's company, and the portfolio grew to an estimated $1 billion revenue by 2015, largely by acquiring and turning around under-performing engineering businesses.

In August 2021 Langley Holdings announced that it had entered into an Agreement with Rolls-Royce PLC to acquire Bergen Engines AS[2] in Norway. The company employs 960 people world wide, of which approximately 650 are in Norway. The Bergen Engines deal was completed[3] on 31 December, and is expected to boost Langley group revenues by over $300 million in 2022 to around $1.5 billion annually.

Net Worth

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In 2020, Langley received a dividend payout of €90 million, his first since 2016, as the sole shareholder of Langley Holdings.[4] As of March 2024, Forbes[5] estimated his net worth was US$2.5 billion.[6] He entered the Forbes Billionaires list in March 2016 with an estimated fortune of $1.1 billion. In the same month the magazine published an interview with Langley. The Long Road to a Billion: Tony Langley's 40-Year Journey To The Billionaires' List

Personal life

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Langley lives in Nottinghamshire and Norfolk, England, with his wife. The couple have one daughter and two sons; all three work within Langley's organization in senior management positions. Langley owns several other homes in the UK and abroad, including a ski chalet in Courchevel, France.

Langley is the owner of two superyachts: the 39 meter motor yacht Corinthian [7] and the 48.5 meter sailing yacht Thalia.[8]

An accomplished yachtsman, Langley is the principal of the Langley group owned Gladiator Sailing Team,[9] which competes in international yacht racing, including the TP52 Super Series. He is a longtime member of the Royal Thames Yacht Club and the Yacht Club Costa Smeralda.

A qualified pilot since 1988, Langley flies both rotary and fixed wing aircraft. The Langley group owns and operates several aircraft, including a Gulfstream G550, which it acquired in 2014.

References

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  1. ^ "LANGLEY HOLDINGS PLC overview - Find and update company information - GOV.UK". find-and-update.company-information.service.gov.uk. Retrieved 12 October 2021.
  2. ^ "Langley Signs Agreement To Buy Bergen Engines Business From Rolls-Royce | Langley Holdings plc". www.langleyholdings.com. Retrieved 12 October 2021.
  3. ^ "Rolls-Royce completes sale of Bergen Engines". www.rolls-royce.com. Retrieved 4 March 2022.
  4. ^ "Langley Holdings PLC Annual Report & Accounts 2019" (PDF). Archived (PDF) from the original on 18 November 2021.
  5. ^ "Forbes-Anthony Langley". Forbes.
  6. ^ "Anthony Langley". Forbes. Retrieved 13 October 2021.
  7. ^ "CORINTHIAN". www.boatinternational.com. Retrieved 12 October 2021.
  8. ^ "THALIA". www.boatinternational.com. Retrieved 12 October 2021.
  9. ^ "Gladiator › 52 SUPER SERIES - Pure Performance". www.52superseries.com. 20 December 2013. Retrieved 12 October 2021.