Ian and Richard Livingstone Net Worth

Net Worth: $5.7 Billion
Statistics
  • Source of Wealth:

    Business (Real Estate)
  • Age:

    56
  • Birth Place:

    London, United Kingdom
  • Marital Status:

    Ian Livingstone - Married (Natalie Livingstone), Richard Livingstone - Divorced (Claire Burns)
  • Full Name:

    Ian and Richard John Livingstone
  • Nationality:

    British
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About Ian and Richard John Livingstone

The Livingstone brothers are the founders of London & Regional Properties (L&R) and they have an estimated net worth of $5.7 billion.

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Richard Livingstone is a chartered surveyor while his older brother Ian is a former optometrist. The two started earning their estimated net worth of $3.4 billion when their business career kicked off together. In 1992, they opened optical stores and acquired the David Clulow optical chain. They sold their business in 2011.

Today, the main business of the Livingstone brothers is real estate. They first ventured in the industry in 1987 when they founded L&R, a property trading company. It is based in London and is considered one of the largest privately held property companies in Europe. It also has offices in Stockholm, Moscow, Panama City, St. Petersburg, Kiev, and Cape Town. Their property empire has an estimated value of around $6.3 billion. Currently, they operate several property investment vehicles under the umbrella firm Loopsign Limited. It has business interests in the United Kingdom, Germany, Russia, and Panama.

In 2012, Richard and Ian got the approval for a $4,930 million redevelopment of the Elizabeth House hotel near the Waterloo train station in Central London. Its property in Panama called Panama Pacifico includes a 250-acre commercial development with hotels, shops, schools, parks, and 20,000 homes located just 15 minutes outside of Panama City.

Earnings & Financial Data ?
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Earnings 2018

Asset Jul. 2018
Current value of Richard and Ian Livingstone's property empire after the acquisition of Grayshott Health Spa, Surrey, and 47 Holiday Inn Express outlets
$4,750,000,000
Asset May. 2018
Estimated worldwide investment and development programme of London and Regional Properties (L+R), an investment property company run by brothers Richard and Ian Livingstone
$11,550,000,000

Earnings 2017

Asset Sep. 2017
Total assets of Richard and Ian Livingstone's Loopsign Limited
$6,200,000,000
Asset Jul. 2017
Purchase value of Richard and Ian Livingstone's 47 Holiday Inn Express hotels
$737,880,000
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