William Stern (businessman)
British businessman (1935–2020) / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about William Stern (businessman)?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
"Stern Group" redirects here. For the Zionist armed group, see Stern Gang.
William George Stern (born Vilmos György Stern, 2 July 1935 – 21 March 2020)[1][2] was a British businessman most notable as the owner of the Stern Group of companies. When it collapsed in 1973, Stern became Britain's biggest bankrupt with debts of £118 million.[3][4][5] The uninsured losses sustained by thousands of investors led directly to the creation of Britain's first Policyholders' Protection Act.[4][6] He died during the COVID-19 pandemic due to complications brought on by COVID-19.
Quick Facts Born, Died ...
William Stern | |
---|---|
Born | Vilmos György Stern (1935-07-02)2 July 1935 Budapest, Hungary |
Died | 21 March 2020(2020-03-21) (aged 84) |
Nationality | Hungarian, British |
Occupation | Businessman |
Known for | Owner of Stern Group, Britain's then biggest bankruptcy with debts of £118 million in 1973 |
Spouse | Shoshana Stempel (Freshwater) |
Close