LeaderPortfolio
Nixon
Simon Nixon
Rank #1956
UNITED KINGDOMTechnologyPrice comparison website

Simon Nixon

Net Worth
$2.142B
0% (24h)
Simon Nixon is a British billionaire businessman and entrepreneur, best known as the co-founder of Moneysupermarket.com, a leading price comparison website. Born in 1967, Nixon's journey began with co-founding Mortgage 2000 in 1993, which evolved into the successful Moneysupermarket.com in 1999. He has since transformed into a leading figure in the online financial information industry, expanding the services offered to include credit cards and personal loans. Nixon's wealth source is primarily from the success of Moneysupermarket.com. He sold his shares in the company by 2016, which enabled him to invest in various startups, including Airbnb, Robinhood, and Wise, and has also made significant contributions to various charities. His estimated net worth is $2.1 billion.

The Full Dossier

Early Life

Simon Justin Nixon was born on August 7, 1967, in Stamford, Lincolnshire, England. His early childhood involved frequent moves due to his father's Royal Air Force assignments. He attended St Richard Gwyn Catholic High School in Flint. Later, he enrolled in the University of Nottingham for an accountancy degree, but dropped out due to lack of interest.

Rise to Success

Nixon's career took a pivotal turn in 1993 when he co-founded Moneysupermarket.com, initially named Mortgage 2000, to provide mortgage information to financial advisors. Recognizing the internet's potential, he launched the online platform in 1999. This quickly expanded to include credit cards and personal loans, transforming Moneysupermarket.com into a leading UK price comparison website.

Key Business Strategies

Nixon's success can be attributed to several factors. Firstly, he identified a gap in the market for easily comparable mortgage deals. Secondly, he launched Moneysupermarket.com at the right time, taking advantage of the early 2000s internet boom. The company was built on innovation and a focus on customer needs. In 2016, Nixon sold his remaining shares in Moneysupermarket.com, which further boosted his wealth and enabled him to diversify his investments.

Philanthropy

Simon Nixon is known for his philanthropic efforts and has made significant donations to various charities. Details of the specific amounts and initiatives are not available.

Career Timeline

2016

Sold remaining shares

Sold his remaining shares in Moneysupermarket.com.

2007

Moneysupermarket.com IPO

The company was listed on the London Stock Exchange.

1999

Launched Moneysupermarket.com

Launched the online price comparison website, expanding services to include credit cards and personal loans.

1993

Co-founded Mortgage 2000

Established a company providing offline mortgage information to financial advisors.

Philanthropic Impact

CharityUndisclosed

Various Charities

Significant donations to various charities.

Wealth Trajectory