Simon Nixon

Simon Nixon
Born Simon Justin Nixon
August 1967
Stamford, Lincolnshire, England
Residence Jersey
Nationality British
Education St Richard Gwyn Catholic High School, Flint
Alma mater Nottingham University (dropped out)
Occupation co-founder and deputy chairman, Moneysupermarket.com
Net worth £945 million (May 2015)

Simon Justin Nixon (born August 1967)[1] is an English billionaire businessman, the co-founder of and former deputy chairman of Moneysupermarket.com.[2]

Early life

Nixon was born in Stamford, Lincolnshire. He was educated at St Richard Gwyn Catholic High School in Flint, followed by Nottingham University, but dropped out because he found his accountancy degree "boring".[3]

Career

Moneysupermarket was established in 1993 by Nixon, at the time a student at Nottingham University, and Duncan Cameron as a provider of off-line mortgage information to Independent Financial Advisors under the name Mortgage 2000.[4] and in 1999 launched moneysupermarket.com providing on-line mortgage information.[5] Since then the business has been developed to provide credit card and personal loan information.[5] Nixon is currently the second largest shareholder in the company, behind Capital Group.[6]

In May 2015, the Sunday Times Rich List estimated his net worth at £945 million, and in December 2015, The Guardian reported that his next share sale, on which he avoided British capital gains tax at 28% having moved to Jersey in 2013, would make him a billionaire.[7]

Nixon runs an international luxury holiday rental website, Simon Escapes, offering holiday homes in some of his favourite destinations.[8]

Personal life

In 2013, Nixon had been living in Chester, and was considering moving abroad, because the British weather is so "bloody awful", but added that "I will always keep my roots in Chester. I would never sell my house in Chester - it’s where my family and friends are."[9]

In 2013, Nixon moved to Jersey.[7] He has a "long term girlfriend", and also owns homes in Cornwall, Lake Windermere, Deia, Majorca, and Barbados.[9]

References

  1. ↑ "Moneysupermarket.com Group plc". Companies House. Retrieved 3 December 2015.
  2. ↑ "Simon Nixon offloads his remaining shares in Moneysupermarket.com | Business | The Guardian". theguardian.com. Retrieved 9 September 2016.
  3. ↑ McCarthy, James (5 June 2013). "Wales' 4th richest man makes another £170m after selling stake in price comparison website". walesonline. Retrieved 3 December 2015.
  4. ↑ Moneysupermarket founder Simon Nixon moves to Jersey over tax The Telegraph, 16 November 2012
  5. 1 2 Moneysupermarket.com:History
  6. ↑ "Moneysupermarket founder Simon Nixon nets £98m from share sale". Telegraph.co.uk. Retrieved 24 February 2016.
  7. 1 2 Davies, Rob (1 December 2015). "Share sale to make Moneysupermarket co-founder a billionaire". The Guardian. Retrieved 3 December 2015.
  8. ↑ http://www.chesterchronicle.co.uk/news/chester-cheshire-news/chester-multi-millionaire-simon-nixon-talks-5213767
  9. 1 2 "Chester-based millionaire entrepreneur Simon Nixon seeks the sun". chesterchronicle. 7 February 2013. Retrieved 3 December 2015.
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