BillionaireNet
family
S
Rank #1879
UNITED KINGDOMFashion & RetailSports apparel

Stephen Rubin & family

Net Worth
$2.098B
+1.79% (24h)
Stephen Rubin, a British billionaire, is the chairman of Pentland Group, a major player in the sports apparel and footwear industry. With a net worth estimated at $1.9 billion, Rubin's wealth stems primarily from his family's ownership of Pentland, a company that has been instrumental in the growth of numerous successful brands including Speedo, Berghaus, and a majority stake in JD Sports Fashion. His career spans over six decades and is marked by strategic investments and leadership roles that have propelled Pentland to its current status. Rubin is also known for his philanthropic work and contributions to the community.

The Full Dossier

Early Life

Robert Stephen Rubin was born in December 1937. He attended Canford School in Dorset and later graduated from University College London in 1958 with a law degree.

Rise to Success

Rubin's career began in 1959 when he joined the Liverpool Shoe Company, founded by his parents. He became joint managing director and, after his father's death in 1969, assumed the role of chairman. In 1973, he transformed the company into Pentland Group. A pivotal moment was the acquisition of a 55% stake in Reebok in 1981, which significantly boosted Pentland's turnover. In 1991, he sold Pentland’s stake in Reebok for $770 million.

Key Business Strategies

Key strategies include transforming the Liverpool Shoe Company into Pentland Group. Strategic investment in Reebok in 1981 and expansion into multiple successful brands such as Speedo, Berghaus, and a majority stake in JD Sports Fashion. The Rubin family took Pentland private in 1999 to focus on longer-term investments.

Philanthropy

Rubin is known for his philanthropic work and support of various charities. He has been involved with the International Jewish Sports Hall of Fame and was appointed OBE in 2003 for services to business and human rights.

Career Timeline

1998

Stepped down as CEO

Split his role, appointing his son as CEO while remaining Chairman.

1991

Sold Reebok Stake

Sold Pentland's stake in Reebok for $770 million.

1981

Invested in Reebok

Acquired a significant stake in Reebok, which greatly increased Pentland’s turnover.

1973

Transformed Liverpool Shoe Company into Pentland Group

Renamed and restructured the company.

1969

Became Chairman of Liverpool Shoe Company

Took over as chairman after his father's death.

1959

Joined Liverpool Shoe Company

Joined the family business.

Philanthropic Impact

General PhilanthropyUndisclosed

Support for various charities

Supports various charities.

SportsUndisclosed

International Jewish Sports Hall of Fame

Has been involved with the International Jewish Sports Hall of Fame.

Wealth Trajectory