Alan Sugar
The Lord Sugar | |
|---|---|
Sugar at the 2009 BAFTAs | |
| Enterprise Champion to the Business Secretary | |
| Assumed office 25 May 2016 | |
| Prime Minister | David Cameron Theresa May Boris Johnson Liz Truss Rishi Sunak Keir Starmer |
| Business Secretary | Sajid Javid Greg Clark Andrea Leadsom Alok Sharma Kwasi Kwarteng Jacob Rees-Mogg Grant Shapps Kemi Badenoch Jonathan Reynolds |
| In office 5 June 2009 – 11 May 2010 | |
| Prime Minister | Gordon Brown |
| Business Secretary | The Lord Mandelson |
| Member of the House of Lords Lord Temporal | |
| Assumed office 20 July 2009 Life peerage | |
| Personal details | |
| Born | Alan Michael Sugar 24 March 1947 Hackney, East London, England |
| Political party | None (crossbencher) (2017–present) |
| Other political affiliations |
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| Spouse |
Ann Simons (m. 1968) |
| Children | 3 |
| Relatives | Rita Simons (niece) |
| Occupation |
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Alan Michael Sugar, Baron Sugar (born 24 March 1947) is a British business magnate, media personality, author, politician, and political adviser.
Sugar began what would later become his largest business venture, consumer electronics company Amstrad, in 1968. In 2007, he sold his remaining interest in the company in a deal to BSkyB for £125 million. He was also the chairman and part-owner of Tottenham Hotspur Football Club from 1991 to 2001, selling his remaining stake in the club in 2007 as well, for £25 million. He is the host and "Boss" of the BBC Television reality competition series The Apprentice, which has been broadcast every year, with the exception of 2020 and 2021, since 2005. He also assumed the role for The Celebrity Apprentice Australia for Australia's Nine Network in 2021 and 2022.
Sugar was elevated to the House of Lords in 2009 as a Labour peer and was one of the party's biggest donors, but left the party in 2015 and subsequently expressed support for the Conservative Party. According to the Sunday Times Rich List, Sugar became a billionaire in 2015. In 2021, his fortune was estimated at £1.21bn, ranking him as the 138th-richest person in the UK.