fbpx

Barbados Richest: Top 7 Multi-Millionaires from Barbados & their Net Worth

4. Michael Barry Tabor

Related image

Estimated worth: $700 million

Michael Barry Tabor(born 28 October 1941) is a British businessman, bookmaker, gambler and owner of thorough bredracehorses.

Tabor regularly appears on the Sunday Times Rich List of the richest people in Britain. In 2012 his fortune was estimated to be £550 million;two years previously the business magazine Management Today had suggested it was $2 billion.

In May 2014 Tabor assumed a 100% control of Victor Chandler International after Victor Chandler sold his interest in the firm.

His racing associations have also extended into other areas of business. With Magnier, Derrick Smith and J.P. McManus, Tabor is one of the co-owners of the luxury Sandy Lane hotel in Barbados.

In addition, Tabor, Magnier, McManus, and another Irish associate and Sandy Lane owner, Dermot Desmond, collectively owned 60 per cent of the Next Generation chain of fitness clubs sold to London & Regional Properties for around £200 million in 2006.

Tabor, Magnier, Smith, McManus and the currency trader Joe Lewis also own a large stake in the Mitchells & Butlers pub chain.

3 of 5
Use your ← → (arrow) keys to browse