Andrew Black | |
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Born | Andrew Wilson Black May 13, 1963 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]