Julian richer wife

The julian richer wife entrepreneur behind the Richer Sounds hi-fi and electronics business Julian Richer has been awarded an honorary degree by The Open University for his contribution to British business and society. Some of the charities he founded, along with wife Rosie, provide support to a arcmao of valuable causes: helping people affected by anti-social behaviour and those in desperate financial need. He continued:, julian richer wife. What I mean by that is that you will observe a hugely different output from people depending on how you treat them.

Why can't all bosses be like Julian Richer? I'm not going to beat about the bush here: I think Julian is great. If I had to hold up someone as a role model for other wannabe tycoons to follow, the founder of the Richer Sounds hi-fi chain would be that person. Let me be clear: for all I know, he could be another Rev Paul Flowers, formerly of the Co-op Bank, and spend his dosh on crystal meth and crack. But if there are such horrors in his cupboard, I don't know what they are. So what earns him this accolade?

Julian richer wife

Crammed into a small Salvation Army hall in central London, some employees were suspicious but later confessed they had anticipated some extra annual leave. The driven entrepreneur, who founded Richer Sounds in at the age of 19, can sometimes seem too good to be true. Over four decades he has championed providing secure, well-paid jobs because he believes a happy workforce is key to business success. His ongoing largesse, at a time when the use of zero-hours contracts would come to disrupt the labour market, has been rewarded with loyalty from staff who appear to worship him. At the conference employees reel off examples of the support he had given them through personal crises such as battles with cancer. Julian is an amazing person. Richer had already passed responsibility for shifting stereos and speakers some years ago to a team of loyal lieutenants including chief executive, Julie Abraham, and these days is preoccupied with cleaning up capitalism. I hate it. It gives good capitalists a bad name and makes it harder for them too because other people are taking short cuts. He is financing Taxwatch , a non-profit organisation which pores over the opaque finances of multinational companies, and is considering funding a test case against zero-hours contracts. In his youth he was a bon viveur, buying his first Rolls-Royce at 23 and four years later a Georgian mansion in Yorkshire, where he still lives today. Reaching the age at which his father died led him to accelerate the handover timetable which was in his will. Despite a creeping awareness of his own mortality, Richer appears in rude health.

Reaching the age at which his father died led him to accelerate the handover timetable which was in his will.

The founder of Richer Sounds is handing control of the hi-fi and TV retail chain to staff, in a move that will also give employees large cash bonuses. I still really, really care but it is time for the next generation. The Employee Ownership Association EOA says more than businesses have now adopted the model, with at least 50 more preparing to follow suit. An unorthodox business figure, with his long hair and sideline as the drummer in funk band Ten Millennia, Richer is lauded for the success of Richer Sounds which he founded in at the age of His business philosophy, set out in his management book The Richer Way, champions providing secure, well-paid jobs with a happy workforce as being key to business success over the long term. Employee perks include access to company holiday homes around the world, including in European cities such as Paris, Venice and Barcelona. Richer will stay on as managing director for the time being.

Julian Richer has always been seen as an unorthodox businessman - and this week, he showed why. He and his wife, Rosie, have no children, and "I didn't want to sell to a stranger who might have completely different aims and ambitions for the business. I'm hoping it will ensure the succession of the business," Mr Richer says. Setting up a trust for the business was, in fact, written into his will in But the process of moving to the new structure was begun about two years ago so that Rosie could avoid having to oversee the change "if I pre-deceased her". Sorting out the change now seemed like the "adult thing to do". He founded Richer Sounds in , aged just What he calls a "cautious, conservative" approach to expanding the business has been one reason for his success, Mr Richer believes. But another reason has been an enlightened attitude to staff, something he set out in his management book The Richer Way. Mr Richer told the BBC: "I've been running my business for 40 years and the overriding thing I've learned is that it's all about the people.

Julian richer wife

The founder of Richer Sounds is handing control of the hi-fi and TV retail chain to staff, in a move that will also give employees large cash bonuses. I still really, really care but it is time for the next generation. The Employee Ownership Association EOA says more than businesses have now adopted the model, with at least 50 more preparing to follow suit. An unorthodox business figure, with his long hair and sideline as the drummer in funk band Ten Millennia, Richer is lauded for the success of Richer Sounds which he founded in at the age of His business philosophy, set out in his management book The Richer Way, champions providing secure, well-paid jobs with a happy workforce as being key to business success over the long term.

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The trust will operate according to a set of principles designed to ensure it continues to follow the course set by Richer over the past 40 years. He speaks with even greater passion about his new campaign against imposed zero-hours contracts. Reuse this content. Non-subscribers can read four articles for free each month. They bought a Georgian house near York in , and, in time, she decided to attend St Michael le Belfrey, where she had been confirmed as a girl. I would sit quietly while she took communion and it was therapeutic after a busy week. The founder of Richer Sounds is handing control of the hi-fi and TV retail chain to staff, in a move that will also give employees large cash bonuses. I want them to put themselves out for customers. Is that exploitation? I do it because I care; but, of course, the business benefits also. When he was 23, he bought himself a second-hand Rolls-Royce Silver Shadow — which he gave to his dad a year later after treating himself to a slightly larger second-hand Silver Spirit. Married to Rosie since , Richer has many parallel and philanthropic interests. Want an ad-free experience? The influential entrepreneur behind the Richer Sounds hi-fi and electronics business Julian Richer has been awarded an honorary degree by The Open University for his contribution to British business and society.

John McDonnell from the left and a plethora of Tory politicians concurred — and, quite frankly, I was a little embarrassed.

He continued:. Some of the charities he founded, along with wife Rosie, provide support to a range of valuable causes: helping people affected by anti-social behaviour and those in desperate financial need. I still really, really care but it is time for the next generation. Email link. Over four decades he has championed providing secure, well-paid jobs because he believes a happy workforce is key to business success. Join thought-provoking conversations, follow other Independent readers and see their replies. Since then, she has worked for agencies and in house for sectors ranging from charities to education, the legal sector to hospitality, manufacturing and health and many more. These include: providing free access to holiday homes in the UK and abroad regardless of sales performance ; trips aboard the company jet for those who suggest the best ideas; cash handouts for staff so they can go to the pub and brainstorm; the use of a Bentley for the store which does the best each month. Aged 17, he had three people working for him. Follow us on Social media. He opened his first shop, on tiny premises next to London Bridge Station, at the age of Policy Accessibility statement Cymraeg Conditions of use Privacy policy Cookie policy Manage cookie preferences Modern slavery act pdf kb Copyright.