Philip Green

$1.37 B

Ranked #2734 in World

About Philip Green

Sir Philip Green, a prominent British businessman and former chairman of Arcadia Group, which under his stewardship from 2002 to 2020, included well-known brands like Topshop, Topman, and Miss Selfridge. With an estimated net worth of £910 million as of May 2023, Green's career highlights include leading Amber Day, acquiring Sears plc and British Home Stores (BHS), and an attempt to purchase Marks & Spencer. Arcadia Group, once a retail giant with over 2,500 outlets, faced administration in 2020, influenced by the COVID-19 pandemic, with ASOS acquiring several of its brands in 2021. Green's tenure has been marred by controversies such as the BHS pension deficit scandal and allegations of tax avoidance and sexual harassment, casting shadows on his knighthood received in 2006. Despite his global business impact, including significant personal investments like a £100 million yacht, Green's professional legacy is a complex blend of retail innovation and public scrutiny.

Born

March 15, 1952 in Croydon, England

Age

74 years

Source Of Wealth

Fashion Retail

Industries

Fashion & Retail

Citizenship

United Kingdom

Residence

London

Spouse

Cristina Palos (Married: 1990)

Children

Sir Philip Green was born on March 15, 1952, in Croydon, England. He comes from a Jewish family, and his father was a successful property developer. Green attended Carmel College, a Jewish boarding school. At the age of 12, he inherited the family business after his father's death.

Philip Green: Family

Sir Philip Green is married to Tina Green, and they have two children. He is based in London during the week and spends his weekends in Monaco. Green owns a £100 million yacht and a £20 million private jet.

Philip Green: Career Highlights

Green's career in the retail industry began when he started his first business at the age of 21, importing jeans from the Far East. He went on to become the chairman and CEO of Amber Day from 1988 to 1992. In 1999, he acquired Sears plc and bought British Home Stores (BHS) for £200 million in 2000. Green's most significant acquisition came in 2002 when he purchased Arcadia Group for £840 million.

Philip Green: Companies

Sir Philip Green is known for his ownership of several major retail companies. He owned Topshop, Topman, and Miss Selfridge from 2002 to 2020 through Arcadia Group. Arcadia Group also owned other clothing retailers such as Wallis, Evans, Burton, Dorothy Perkins, and Outfit. BHS was part of Arcadia from 2009 to 2015.

Philip Green: Major Achievements

Green's major achievements include building Arcadia Group into a successful retail empire with over 2,500 outlets in the UK, concessions in UK department stores, and several hundred franchises in other countries. He was also involved in several high-profile business deals, including the attempted acquisition of Marks & Spencer in 1999 and 2004.

Philip Green: Awards & Achievements

In 2006, Sir Philip Green was knighted for his services to the retail industry. However, this honor became controversial due to his involvement in the demise of BHS and allegations of tax avoidance, worker rights violations, and sexual harassment.

Philip Green: Personal Life & Legacy

Green is a Tottenham Hotspur supporter and has been involved in fundraising for the club.

He has also facilitated player transfers. Through his friendship with chairman Bill Kenwright, Green has also been involved with Everton Football Club.

Philip Green: Trivia

Sir Philip Green's business dealings have been the subject of much controversy. He was criticized for extracting money from BHS and leaving the Pension Protection Scheme to cover the company's pension deficit. Green also faced allegations of sexual harassment and racial abuse, which led to calls for the revocation of his knighthood and criminal charges in the US.

Wealth History

Timeline

March 15, 1952

Sir Philip Green is born in Croydon, England.

1988-1992

Green serves as Chairman and CEO of Amber Day.

1999

Green acquires Sears plc and unsuccessfully seeks to acquire Marks & Spencer.

2000

Green buys British Home Stores (BHS) for £200 million.

2002

Green acquires Arcadia Group for £840 million.

2004

Green unsuccessfully seeks to acquire Marks & Spencer again.

2006

Green is knighted for services to the retail industry.

2009-2015

BHS becomes part of Arcadia Group.

2015

Green sells BHS for £1, leaving the company with debts of £1.3 billion and a pensions deficit of £571 million.

2016

BHS enters administration, leading to criticism of Green for extracting money from the business and leaving the Pension Protection Scheme to cover the deficit.

2017

The House of Commons votes to recommend cancellation of Green's knighthood due to the BHS controversy.

2018

Green pays £363 million into the BHS pension scheme, avoiding knighthood revocation.

2020

Arcadia Group enters administration due to the COVID-19 pandemic.

2021

ASOS acquires Topshop, Topman, and Miss Selfridge brands from Arcadia Group.

Philip Green : FAQs

What is Philip Green's current net worth?

Philip Green's current net worth is $1.37 billion.

What is Philip Green's current global rank among billionaires?

Philip Green holds the 2734th position globally among billionaires.

What is Philip Green's current ranking within the United Kingdom?

Philip Green holds the 45th position in United Kingdom.

What was the change in Philip Green's net worth compared to the previous year?

Philip Green's net worth decreased by 28.16 million dollars compared to the previous year 2025, when his net worth was 1.40 billion dollars.

What are Philip Green's main sources of wealth?

Philip Green's main source of income comes from Fashion Retail.

In which industry does Philip Green primarily operate?

Philip Green is primarily involved in the Fashion & Retail industry.

How old is Philip Green?

Philip Green is 74 years old.

How many children does Philip Green have?

Philip Green has 2 children.

Who is Sir Philip Green and what is his connection to the Arcadia Group?

Sir Philip Green is a British businessman who was the former chairman of Arcadia Group, a retail giant that owned prominent brands including Topshop, Topman, and Miss Selfridge from 2002 to 2020. His tenure saw significant expansion but also controversies leading to the group's administration in 2020.

What was Sir Philip Green's role in the British retail sector and his major business acquisitions?

As a key figure in the British retail sector, Sir Philip Green served as the chairman and CEO of Amber Day, acquired Sears plc in 1999, British Home Stores (BHS) for £200 million in 2000, and Arcadia Group for £840 million in 2002. Despite his attempts, he was unsuccessful in acquiring Marks & Spencer in 1999 and 2004.

How did the COVID-19 pandemic impact the Arcadia Group?

The COVID-19 pandemic severely impacted the Arcadia Group, leading to the closure of 550 stores and furloughing of 14,500 workers. The unprecedented situation forced the Group into administration in 2020, with ASOS acquiring Topshop, Topman, and Miss Selfridge brands in 2021.

What controversies surrounded Sir Philip Green during his career?

Sir Philip Green faced various controversies, including severe scrutiny over actions leading to BHS's demise in 2016, accusations of tax avoidance, worker rights violations, an anti-Irish outburst, and sexual harassment allegations. These issues have tarnished his reputation and called his knighthood into question.

How has Sir Philip Green's personal wealth and lifestyle been characterized?

Sir Philip Green's estimated net worth was £910 million as of May 2023, reflecting his status as a prominent businessman. Known for a lavish lifestyle, he owns a £100 million yacht and a £20 million private jet, spending weekdays in London and weekends in Monaco with his family.