Stephen Rubin
Fashion & Retail

Stephen Rubin Net Worth

Stephen Rubin was born in 1937 in London, United Kingdom. He is the chairman of Pentland Group, one of the U.K.'s largest sports apparel companies. Pentland owns brands like Speedo and Berghaus, and has a majority stake in JD Sports Fashion. Rubin's parents founded Pentland in 1932 as a shoe wholesaler, and he joined the firm in 1959. In 1981, Pentland purchased a 55% stake in Reebok USA, and the following year Reebok launched the first shoe designed for aerobics. In 1984, Pentland expanded its Reebok holdings when it bought a 55% stake in its international business. In 1991, Pentland sold off its Reebok investments for $770 million. Stephen is chairman of Pentland, while his son, Andy, runs its brand division.
Stephen Rubin is a member of Fashion & Retail

Age, Biography and Wiki

Birth Year 1937
Birth Place London, United Kingdom, United Kingdom
Age 86 YEARS OLD
Education Canford School
Alma mater University College, London
Occupation Chairman of Pentland Group
Spouse(s) Angela Rubin
Children 4
Parent(s) Berko and Minnie Rubin

💰 Net worth: $3 Billion (2024)

Stephen Rubin's net worth is projected to reach an impressive $3 billion by 2024, solidifying his status as one of the wealthiest individuals in the United Kingdom. Renowned for his contributions to the fashion and retail industry, Rubin has established himself as a prominent figure in this competitive sector. With a remarkable entrepreneurial spirit and an eye for business opportunities, he has accumulated substantial wealth over the years, proving his expertise and knack for success in the fashion and retail world.

2015 $3 Billion
2016 $1.7 Billion
2017 $1.8 Billion
2018 $2.03 Billion

Biography/Timeline

1937

Robert Stephen Rubin was born in December 1937. After attending Canford School in Dorset, Rubin graduated from University College, London in 1958 with a degree in law, with the intention of becoming a barrister.

1959

After he unsuccessfully stood for the House of Commons at Streatham as a Liberal Party parliamentary candidate in 1959, aged 21, he joined the Liverpool Shoe Company, founded by his parents, Berko and Minnie Rubin. He was joint managing Director with his Father for 10 years until his father's death in 1969, when he took the role of chairman.

1973

Rubin transformed the company, renamed Pentland Group in 1973, into the UK's largest Sports apparel and footwear company, owning a number of brands including Berghaus, Brasher, Ellesse, Hunter, Mitre and Speedo, amongst others. It is also the majority owner of JD Sports Fashion plc. Its success largely came from an investment in August 1981, acquiring 55% of Reebok for US$77,500. By 1983/84, Reebok accounted for 70% of Pentland's turnover. Pentland's shares rose from 55p at the start of 1984 to GB£3 at the end of the year and up to GB£10 in 1985, while profits rose from GB£1 million in 1983 to GB£12.9 million in 1985. Rubin then sold off Pentland's stake in Reebok for US$770m in 1991.

1994

Rubin served as World Chairman of the Textile Institute from 1994 to 2006. From 1995 to 1998 and again from 1999 to 2001, he was President of the World Federation of the Sporting Goods Industry. He is also a Board Member of the Brussels-based organization CEJI - A Jewish Contribution to an Inclusive Europe.

1998

Rubin was chairman and chief executive of Pentland until 1998 when he split his role and appointed his son, Andrew, chief executive, retaining the post of chairman.

1999

Rubin took Pentland private in 1999 to focus on longer-term Investments. However, it appears that City institutions were unhappy with the way Rubin was running the company, which had underperformed the market by 40% since it floated in 1989.

2010

Rubin was appointed OBE in the 2003 New Year's Honours List for services to Business and human rights. The International Jewish Sports Hall of Fame honoured him with the 2008 Lifetime Achievement Award. On 21 July 2010, Rubin was awarded an honorary Doctorate of Art (DArt) by Nottingham Trent University

2013

According to the Sunday Times Rich List 2013, Rubin and his family have an estimated fortune of GB£1.12bn.

Some Stephen Rubin images

About the author

Lisa Scholfield

As a Senior Writer at Famous Net Worth, I spearhead an exceptional team dedicated to uncovering and sharing the stories of pioneering individuals. My passion for unearthing untold narratives drives me to delve deep into the essence of each subject, bringing forth a unique blend of factual accuracy and narrative allure. In orchestrating the editorial workflow, I am deeply involved in every step—from initial research to the final touches of publishing, ensuring each biography not only informs but also engages and inspires our readership.