Simon Nixon is a British billionaire and co-founder of the financial comparison website, Moneysupermarket.com. Nixon, who started his career as an investment banker, established the company in 1999 and took it public in 2007. With over 14 million customers worldwide, the company’s net worth has skyrocketed over the years. However, Nixon’s personal net worth has merited awe-inspiring attention and for good reason: his fortune reaches jaw-dropping figures. In this post, we’ll be unveiling Simon Nixon’s jaw-dropping net worth in 2021 and exploring different aspects of this topic.
Early Life and Career
Simon Nixon, born in 1967, grew up in West Yorkshire with his family. He went on to attend Nottingham Trent University, where he earned his economics degree. Soon after this, he started his career in the banking sector at the Royal Bank of Scotland and later moved on to work with others like Credit Suisse and Charterhouse. However, Nixon’s envy-worthy journey towards wealth began with the establishment of Moneysupermarket.com in 1999.
Moneysupermarket.com
Moneysupermarket.com, with the goal of making financial products accessible to everyone, attracted a wide audience. The website offered information on insurance, credit cards, loans, and more, allowing visitors to compare products and services. This idea took off, and before long, the company saw immense growth both in reputation and profit. The company ventured into mobile applications and television advertising, furthering its reach.
Simon Nixon’s Net Worth
Simon Nixon is a British billionaire, and his net worth is estimated to be $2.9 billion. His considerable wealth has made him one of the UK’s richest people, placing him at the 278 rank on Forbes’ 2021 list of the world’s billionaires. Nixon’s net worth is largely due to his stake in Moneysupermarket.com, which is worth over $1.6 billion.
Property Empire
Apart from his financial ventures, Simon Nixon has also established himself in the world of real estate. He had real estate holdings worth £200 million ($277 million) in 2020, and he continues to purchase new properties aggressively. His real estate portfolio primarily comprises commercial properties, including workspaces and office buildings in the UK.
Philanthropy
Simon Nixon is an active philanthropist and has donated significant amounts to several charitable organizations. He has notably donated to the trust set up to renovate Manchester’s Victoria Baths, Sussex University Alumni Fund, and WaterAid — to name a few.
Family Life
Simon Nixon married his longtime partner in 2020, and the couple has two children together. In addition to these, he has a son from a previous relationship.
Controversies
Simon Nixon has been embroiled in some controversies, including allegations that he blackmailed a former colleague. These allegations are yet to be substantiated, and Nixon has denied any wrongdoing.
Current Ventures
Simon Nixon has invested heavily in fintech and other industries in recent years. His investments include challenger bank Bud, loan app Cleo, and travel search engine HolidayPirates. He continues to explore new business opportunities, and his current net worth allows him the leeway to venture into various industries.
Conclusion
Simon Nixon’s jaw-dropping net worth is a testament to his amazing achievements and hard work. The billionaire’s wealth comes from his stake in one of the UK’s most successful technology companies, Moneysupermarket.com, and his investments in real estate and other ventures. His philanthropy work in addition to his stunning rise to success makes him a role model for many.
Frequently Asked Questions
Q1. What is Simon Nixon’s Net Worth?
Simon Nixon is a billionaire, and his net worth is estimated to be $2.9 billion.
Q2. What did Simon Nixon do before establishing Moneysupermarket?
Simon Nixon started his career in the banking sector at the Royal Bank of Scotland, followed by Credit Suisse and Charterhouse.
Q3. What are Simon Nixon’s current ventures?
Simon Nixon has invested heavily in fintech, challenger bank Bud, loan app Cleo, and travel search engine HolidayPirates.
Q4. What is the name of Simon Nixon’s real estate portfolio?
Simon Nixon’s real estate portfolio is named Ultimate Holdings.
Q5. Has Simon Nixon been involved in any controversies?
Simon Nixon has been accused of blackmailing a former colleague, allegations that he has denied any wrongdoing and which yet to be substantiated.