8 (8) John Bloor £650m (£530m)
It’s been another high-speed year for John Bloor’s revitalised Triumph Motorcycles. Not only has Triumph raked in a fistful of magazine awards, the company is doing great business in the States and has achieved official Coolbrand status. The latest estimation of Triumph’s value has meant a big boost for John Bloor’s wealth.
Triumph has launched two new motorcycles in the last 12 months, both of which are proving successful. The Tiger 1050 has been hailed as a versatile machine equally at home on the track or an urban street.
The next bike to come out of Triumph’s Hinckley factory was the Street Triple. Marrying engineering from the high-performing Daytona 675 and the aggressively styled Speed Triple, the Street Triple has built up a waiting list which will ensure its success throughout 2008.
Derbyshire-born property millionaire is passionate about building businesses. He rescued the collapsed Triumph in 1983 and has poured more than £80 million into rebuilding the 100 year-old brand. And it’s worked.
Turnover and sales are up - helped by the new Daytona 675 which has scooped the Masterbike and Supertest Awards for the second year running. Operating profit for the year to June 2007 increased to £12.5 million on a raised turnover of £227 million.
The other major component of Bloor Holdings is Bloor Homes, based in Measham. The company began building houses more than 35 years ago and it has become one of the largest privately owned house builders in the UK. John Bloor, aged 64, has built his company into a profitable enterprise which has ridden the ups and downs of the house market with year on year growth in sales and profits.
In the year to June 2007 Bloor Holdings achieved raised profits of £53 million on a £629 million turnover. Company value is estimated to be around £700 million, based on a recent estimate of the value of Triumph Motorcycles of around £500 million.
Bloor homes has developed a reputation for individuality and high architectural values. The company’s approach is to develop the environment - not just build houses - with attention to wildlife conservation and the preservation of natural features.