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Sunday, 31 December 2017

Meet Tottenham's owner Joe Lewis who is worth $5.7bn and lives on a $151m yacht

- Joe Lewis owns Tottenham Hotspur but does not live in England

- The Billionaire made himself wealthy by betting against the pound in 1992

- The London-born man lives on a £112m super yacht called Aviva III

Tottenham Hotspur are owned by Joe Lewis, a man who is as mysterious as the Bermuda triangle.

Born in London's East End, the self-made billionaire hardly frequents venues where his team plays and rather prefers to life on a £112m super yacht called Aviva III in the Bahamas.

Lewis has a home next door to Sean Connery and is friends with Tiger Woods and he is credited with launching the careers of Planet Hollywood and Hard Rock founder Robert Earl and 70s pop sensations The Nolans.

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The 80-year-old Spurs fan has an estimated fortune of £4.5bn and that makes him the 5th richest man in the UK.

Spurs billionaire owner Joe Lewis lives on a £112m boat

Joe Lewis (left) with Spurs chairman Davy Levy (right). Photo: The Sun UK

Born in 1937, Lewis was reportedly raised in a flat above the Roman Arms pub in East London.

He left school at 15-years-old to work in his family's cafe as a waiter, earning £6 a week and later established more businesses in London's West End under the name Tavistock Banqueting.

Joe opened restaurants including the Northumberland Grand, which was the first fancy dress-themed eaterie in London aimed at tourists.

From there he developed the Beefeater, the Cockney, the Caledonian and the Hanover Grand.

Spurs billionaire owner Joe Lewis lives on a £112m boat

Roman Road where it is believed Lewis grew up. Photo: The Sun UK

He managed his first super club called The Talk of the Town in the 60s, where the likes of Frank Sinatra, Diana Ross and Tom Jones performed.

Joe even delved into the world of tourist shops, selling souvenirs and laying on bus tours of London for foreigners and dropping them off at his restaurants.

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He sold the business in 1979 for an incredible £30m and moved to the Bahamas as a tax exile and that was where he entered the world of currency trading.

Spurs billionaire owner Joe Lewis lives on a £112m boat

The Nolans were made famous by Lewis at his club. Photo: The Sun UK

In September, 1992 he became a billionaire after one shrewd investment on a day called Black Wednesday when he teamed up with investor George Soros when he bet against the pound predicting it collapse as Britain attempted to align it with other Euro countries.

He bet on the Pound crashing out of the European Exchange Rate Mechanism and as it did he became a billionaire overnight.

Joe repeated the trick many years later betting against the Mexican peso and landed himself even more cash.

His boat, the Aviva III was built in 2007 and it noted as Joe's mobile private office and also having a full-sized tennis court.

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The Sun report that the billionaire's best mate is Tiger Woods, who has called Joe "my business mentor" in the past.

Spurs billionaire owner Joe Lewis lives on a £112m boat

Joe lives on the Avila III which was built in 2017. Photo: The Sun UK

Incidentally, when Tiger Woods had his infamous 2009 low-speed car accident it was at Joe's Isleworth complex, where the golfer has a home.

Joe, who also owns property in Argentina and Bulgaria, also lives next door to 007 legend Sean Connery, who he is reportedly close to.

Golfer Ernie Els is another pal, and the pair are said to regularly dine together.

Also an art enthusiast, his collection is said to be worth around £1bn which includes works by post-expressionists Picasso, Chagall, Matisse, and Miros and which he keeps in the walls of his yatch.

In 2008 Joe splashed £26.3 million on Francis Bacon's Triptych 1974-1977 painting

Joe has been married twice, his first wife was Esther Browne who he met at his greasy spoon now lives in Ireland.

They had two children, Vivienne and Charlie, before they divorced and he married his former assistant Jane, however they don't have any kids.

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Source: Sports.naija.ng



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