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Joe Lewis is a British businessman and investor who has an estimated net worth of $5.2 billion. After selling his family's catering business in the late 1970's, Joe Lewis invested his money in currency trading in 1980s and 1990s. In 1992, he and George Soros placed their bet on pound crashing out of the European Exchange Rate Mechanism. The event made Lewis very wealthy.

Today, Joe Lewis is considered as the major investor in Tavistock Group, a New Providence, Bahamas-based holding company, which runs more than 200 companies in 10 countries. Through the firm, he owns London Premiere League soccer team Tottenham Hotspur. He also has a stake in Mitchell's & Butlers, a pub operator in the UK. With a controlling stake of 26.85%, Joe Lewis is the largest shareholder.

Lewis also has diverse investment interests. These include luxury club resort Albany, restaurants, hotels, and even an Australian agriculture firm. He also seeded the master-planned real estate Lake Nona development near Orlando, Florida. Considered as one of the fastest growing communities in the USA, it is a multi-faceted, 17-square-mile (44 km2, 10,900 acre, 4,400 hectare) mixed-use development designed as a large-scale community that offers research and educational facilities, hospitals for veterans and children, a town center, and a range of workspaces and residential options.

Earnings & Financial Data

Date

Category

Description

Amount

2017

Sale of Asset

Value of "Portrait of an Artist (Pool with Two Figures)" by David Hockney upon sale in Christie's salesroom

$90,300,000

2006

Asset

Amount he spent on cash in an all-cash purchase of a 7% stake in Bear Stearns

$860,400,000