Manfred Gorvy

Manfred S. Gorvy (born 4 May 1938) is a South African billionaire investor and philanthropist based in London. He is the founder and chairman of Hanover Acceptances.

Manfred Gorvy
Born
Manfred Stanley Gorvy

(1938-05-04) 4 May 1938
South Africa
NationalitySouth African
EducationUniversity of the Witwatersrand
OccupationInvestor, philanthropist
Known forfounder and chairman of Hanover Acceptances
Net worth£953 million (March 2019)[1]
Spouse(s)Lydia R. Gorvy
Children4, including Brett Gorvy

Early life

Manfred S. Gorvy was born on 4 May 1938 in South Africa.[2] He attended Parktown Boys' High School and later received a Bachelor of Commerce from the University of the Witwatersrand in Johannesburg.[2][3]

Career

He founded Hanover Acceptances, a property, agribusiness and financial investment company, in 1974,[2][3] and serves as chairman.[2][3] The firm includes four subsidiaries: Dorrington; Refresco Gerber; African Realty Trust; Fresh Capital.[4] The Blackstone Group tried to acquire Refresco Gerber in 2014;[5][6] the offer was rejected by Gorvy.[7]

He is a Fellow of the South African Institute of Chartered Accountants.[2]

In 2008, Gorvy was the 312th richest person in the United Kingdom, with an estimated wealth of £260 million, according to the Sunday Times Rich List.[8] Ten years later, he appeared on the Sunday Times Rich List 2018 as the 163rd richest person in the United Kingdom, with a reported fortune of £873 million.[9]

Personal life

He is married to Lydia R. Gorvy, who has served on the Board of Directors of Hanover Acceptances since 1991.[10][11] He has four children : Sean Gorvy, Brett Gorvy, Dylan Gorvy and Bronwen Noik. Their son, Sean Gorvy is Chief Executive of Hanover Acceptances Limited; their son Brett Gorvy, is based in New York and is part owner of international contemporary art gallery Levy Gorvy; their son, Dylan Gorvy is an equine surgeon and part owner of an equine hospital in Sweden, Malaren Hastklinik. Their daughter Bronwen is Montessori teacher by training and lives in London.

Philanthropy

In 2011, the Gorvys endowed the refurbishment of a lecture theatre at the Victoria and Albert Museum in London,[12] which was then renamed The Lydia and Manfred Gorvy Lecture Theatre.[12] The couple have also made substantial donations to the Royal National Theatre,[13] the Tate,[14][15] the Royal Shakespeare Company, and the Donmar Warehouse.[16][17]

References

  1. "UK Rich List 2019: #155, £953 million". The Sunday Times Magazine. 23 March 2019. p. 55.
  2. "Manfred Gorvy | Who's Who SA". whoswho.co.za. Retrieved 5 October 2017.
  3. "Manfred S Gorvy". www.hanoveracceptances.com. Retrieved 5 October 2017.
  4. "Hanover Acceptances". www.hanoveracceptances.com. Retrieved 5 October 2017.
  5. Ollie Gordon, Blackstone mulls £1.5bn takeover of drinks bottler, City A.M., 8 December 2014
  6. Ashley Armstrong, Former Orangina owner has the bottle for Refresco Gerber, The Daily Telegraph, 6 December 2014
  7. Anne-Sylvaine Chassany, Refresco Gerber eyes UK listing despite lacklustre environment, Financial Times, 5 June 2014
  8. "Manfred Gorvy and family". The Sunday Times. 27 April 2008. ISSN 0956-1382. Retrieved 5 October 2017.
  9. "Meet the ultra-rich South Africans you’ve probably never heard of", Business Tech, 18 May 2018. Accessed 22 March 2019.
  10. "Lydia R. Gorvy: Executive Profile & Biography - Bloomberg". www.bloomberg.com. Retrieved 5 October 2017.
  11. "Lydia R Gorvy". www.hanoveracceptances.com. Retrieved 5 October 2017.
  12. [email protected], Victoria and Albert Museum, Digital Media. "The Lydia and Manfred Gorvy Lecture Theatre, 2011". www.vam.ac.uk. Retrieved 21 November 2017.
  13. Theatre, National. "Major Gifts | National Theatre NT Future". ntfuture.nationaltheatre.org.uk. Retrieved 5 October 2017.
  14. Louise Jury, Tate boss hails non-doms as he opens Tank galleries, London Evening Standard, 16 July 2012
  15. New Tate Modern Tanks open to the public, Tate, 16 July 2012
  16. Royal Shakespeare Company: Our supporters Archived 30 April 2015 at the Wayback Machine
  17. "Support us | Donmar Warehouse". Donmar Warehouse. Retrieved 5 October 2017.
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