Andrew Black (gambling entrepreneur)

Andrew Black
Born Andrew Wilson Black
May 13, 1963 (1963-05-13) (age 48)
Carshalton, London, England
Education King's College School
Alma mater Exeter University (dropped out)
Occupation Co-Founder of Betfair
Net worth £125 million (2011)
Spouse Jane
Children 4
Relatives Cyril Black

Andrew Black, together with Edward Wray, was founder of Betfair, the world's first and largest bet exchange. Black and Wray have won many awards, including Ernst & Young young entrepreneurs of the year in 2002.

Black was born on May 13, 1963, and graduated at King's College School. He is grandson of Tory MP for Wimbledon Sir Cyril Black, who campaigned, among other things, against gambling.[1]

During early 2008, Black revealed on his blog that he was part of the consortium led by Andrew Fitton, which had taken over Swindon Town F.C..[2] Other members of the consortium are Jeremy Wray, brother of Black's Betfair partner Edward, and Sir Martyn Arbib.

On the 3rd of August 2009 Black announced that he was going into partnership with Michael Owen with regard to Owen's Manor House Stables; Tom Dascombe has been hired as trainer and the stated ambition is to own and train Group 1 horses on the Flat.[3]

Notes

  1. ^ Startups.co.uk: Andrew Black
  2. ^ "Come on you Robins". Bert’s Horseracing Blog. 2008-02-02. http://www.bertsblog.co.uk/horses/come-on-you-robins.html. 
  3. ^ http://www.racingpost.com/news/horse-racing/owen-promotions-limited-andrew-black-tom-dascombe-dascombe-and-black-join-forces-with-michael-owen/616167/latest/