Early Life and Education
Richard John Livingstone was born in November 1964 in Ealing, West London. He is the son of a dentist and was raised in a middle-class household. He attended St Paul's School in London. He trained as a chartered surveyor, gaining expertise in property valuation.
Rise to Success
Richard Livingstone, along with his brother Ian, co-founded London & Regional Properties in the 1990s. They entered the real estate sector by capitalizing on the UK property market downturn after the commercial crash of the late 1980s. They focused on acquiring undervalued assets and distressed properties, particularly in London's West End. The brothers' approach involved opportunistic acquisitions followed by long-term holding. Through London & Regional Properties, they own luxury hotels, including Cliveden House and Hilton Hotels in London, along with the David Lloyd Leisure fitness chain.
Key Business Strategies
Key business strategies involve acquiring undervalued and distressed assets during economic downturns and long-term holding rather than short-term sales. This approach fosters sustained urban development and has helped reduce market volatility. The Livingstone brothers also diversified their investments, including a stake in Evolution Gaming Group AB. The company has expanded internationally, with developments in various cities. In early 2025, Richard relocated his primary residence to Monaco.
Philanthropy
Information on Richard Livingstone's specific philanthropic endeavors and the exact amounts donated is not readily available in public sources. However, as of March 2026, he is ranked #775 globally and his net worth is estimated to be $5.3 billion.