Julian richer wife

Why can't all bosses be like Julian Richer?

He came to public attention last year when he announced his intention of handing more than 60 per cent of his business , the hi-fi and TV retailer Richer Sounds, to a trust owned by his odd employees. His mother had grown up in Hamburg, but, in , had emigrated to Palestine where she briefly married a Major in the British army. They were law-abiding — that was very important. My mum particularly was quite strict. The seminal influence in his life was Ernest Polack, his housemaster at Clifton College, the boarding school in Bristol to which thanks to a bequest from a grandfather he was sent at the age of

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.

It was tiny, julian richer wife, but it was passed by 70, commuters a day. He is financing Taxwatcha non-profit organisation which pores over the opaque finances of multinational companies, and is considering funding a test case against zero-hours contracts. I would like to be emailed about offers, events and updates from The Independent.

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.

He came to public attention last year when he announced his intention of handing more than 60 per cent of his business , the hi-fi and TV retailer Richer Sounds, to a trust owned by his odd employees. His mother had grown up in Hamburg, but, in , had emigrated to Palestine where she briefly married a Major in the British army. They were law-abiding — that was very important. My mum particularly was quite strict. The seminal influence in his life was Ernest Polack, his housemaster at Clifton College, the boarding school in Bristol to which thanks to a bequest from a grandfather he was sent at the age of He would spend the holidays in South Africa demonstrating against apartheid and getting beaten black and blue, and then he would come back and show us his war wounds. It brings tears to my eyes even now. In those days, he himself, he says, was primarily interested in making money. I had a chip on my shoulder, and I was very driven.

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.

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For years, his London Bridge branch could claim to have the highest sales density of any shop in the world. Decisions are still made by a board but employees have a say on operational and strategic matters. The growth of online shopping has seen a swathe of retailers use an insolvency process known as a company voluntary arrangement to shut stores and seek lower rents. Student Charter System Status. His reasoning is simple: a happy workforce supplies good customer service, boosts sales, decreases complaints, and eradicates theft and absenteeism. Thank you for registering Please refresh the page or navigate to another page on the site to be automatically logged in Please refresh your browser to be logged in. Despite a creeping awareness of his own mortality, Richer appears in rude health. 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. 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. His mother had grown up in Hamburg, but, in , had emigrated to Palestine where she briefly married a Major in the British army. And I do. Saturday 24 February View image in fullscreen.

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.

I hate it. Employee-owned businesses are entirely or significantly owned by their workforce. The whole benefits system is terribly hostile. It took three or four years before we really got going. That's how he is. I go the extra mile, and it is a win-win. But if there are such horrors in his cupboard, I don't know what they are. It brings tears to my eyes even now. What I mean by that is that you will observe a hugely different output from people depending on how you treat them. HE HAS set up numerous not-for-profit initiatives.