Donald Gordon Biography
Donald Gordon (Sir Donald Gordon) was born on 24th June 1930 in South Africa. He was a South African businessman and philanthropist. He is the founder of Liberty Life Association of Africa and the Donald Gordon Foundation.
Donald Gordon Age
He was born on June 24, 1930, South Africa. He died at an age of 89years old.
Donald Gordon Career
In 1957 he founded Liberty Life Association of Africa with initial capital of R100,000. He retired as the chairman in 1999 when the company had a stock market valuation on the Johannesburg Stock Exchange of over Rand 40 billion (£6 billion). At the time Liberty Life was the largest listed Life Company and the third largest life insurance company in South Africa.
He co founded the British company Abbey Life Insurance (Abbey Life), Abbey Life has since grown into one of the largest life companies in the UK and is now a major subsidiary of Lloyds Bank.
In 1971 he became the director of the Guardian Royal Exchange Group until 1994. He also chaired the South African subsidiary, Guardian National Insurance Company until 1999.
In 1980 Liberty Life created TransAtlantic Insurance Holdings PLC, now Liberty International PLC, andsince then Sir Donald has established the company as a £6.2 billion (R75 billion) shopping centre and commercial real estate business.
Philanthropy
In 2004, Gordon gave the Royal Opera House and Wales Millennium Centre a collective donation of £20 million payable over five years. This is believed to be one of the largest single private donation ever made to the arts in the UK.
Donald Gordon photoDonald Gordon Family
Parents
He was born of Charles and Thelma Gordon as the eldest son in the family. It is not known if he has siblings or not.
Husband
He married Dolores Hedrich Gordon in 1950, the family was blessed with a firstborn son Gregory in 1951, followed by Bruce in 1954, and Debra in 1955. Later Don was introduced to the Divine Principle by his daughter Debbie in 1975. He attended 3, 7, and 21-day workshops in Barrytown, NY at the facility which later became the Unification Theological Seminary.
Don later joined the Church at a time when it was rare for parents to be able to accept True Parents. The whole family attended the original Washington Monument Rally together in 1976. On August 25, 1995, Don and his wife Dolores along with his son Greg and his wife Michiy Kobayashi, and his daughter Debra and her husband John Sand were blessed in the 360,000 couples blessing.
Children
The family of Don is blessed with three children, Gregory, Bruce and Debra.
Donald Gordon Body Measurements
Height: 5′ feet 8″ inches.
Weight: Not available.
Shoe Size: Not available.
Body Shape: Not available.
Hair Colour: Not available
Donald Gordon Salary
Working as a bussinessman, there is no doubt Donald has been earning a good salary and has been able to accumulate good net worth.
Donald Gordon Net Worth
However, his exact net worth has not yet been revealed but the information will be updated as soon as it is available.
Professional Positions
- 2005 – Present: Honorary Life President of Liberty International PLC.
- 1999 – Present: Honorary Life President of Liberty Group Limited.
- 1971 – 1994: Director of Guardian Royal Exchange Group.
- Deputy Chair of the South Africa Breweries Ltd
- Chair of Guardian National Insurance Co Ltd
- Chair of Intu Properties plc
- Chair of Liberty International PLC
- Deputy Chair of Standard Bank Group Ltd
Donald Gordon Died
Donald Gordon has died at the age of 89 on November 21, 2019after a long illness. He was known as the founder of Liberty Life, the builder of Sandton City, the funder of both Gibs Business School and the Donald Gordon Medical Centre, but he was also a loving father, a patron of the arts and he was knighted by the Queen of England. It is in the many sides of his achievements that he leaves in the back of a legacy so significant, which most will discover not possible to mimic.
Many years ago, Sir Donald Gordon, who was 26 at the time, drew up what was taken into consideration a thorough notion to form a brand new existence coverage organization. It were a dream of his to begin such an operation on the grounds that qualifying as a chartered accountant in 1953.
It took 9 months of disappointment, frustration and rejection to elevate the GBP50,000 had to fund his assignment, but with the aid of August 1958, Liberty Life turned into registered as a South African enterprise and months later, Gordon efficaciously sold his first life policy.
He turned into a pioneer of monetary innovation. His company brought the first retirement annuity products to the country in 1960. Liberty Life rolled out South Africa’s first unit trust in 1965 in addition to the concept of existence coverage blessings linked to those collective funding schemes.
Liberty Life changed into additionally the primary life insurance business enterprise to listing on the JSE in 1962 with a proportion fee of R2.20. Investors who bought into the dream with 1,000 stocks on the time would have elevated their wealth from R2,2 hundred to R113,000 today, not contemplating dividends and the numerous organizations hived off through the years.
By 1967, the corporation had over R10-million of assets below management, in keeping with the Liberty Holdings internet site.
Russell Loubser, former leader government of the JSE, says the usa has misplaced a massive. He says he turned into lucky sufficient to have met any such legend, however the us of a changed into even luckier to have him. “To were aware of a business being built up from scratch via difficult paintings and staying power, and now not via chance or sick manner, turned into a privilege,” says Loubser. “We don’t continually respect what it takes to do this and the reality that he was capable of continue to successfully run that commercial enterprise for decades is a formidable feat.”
But Loubser says Gordon leaves at the back of a far bigger legacy than only a incredible enterprise, referring mainly to the Wits Donald Gordon Medical Centre in Parktown – based in 2002 – and the University of Pretoria’s the world over accepted commercial enterprise school, Gibs, which is primarily based in Sandton and become released in 2000.
The Donald Gordon Foundation
The Donald Gordon Foundation was established was established on 3rd August 1971 by Sir Donald Gordon. The purpose of the Foundation is to make donations “to or for the benefit of any public benefit organisation approved by the Commissioner: South African Revenue Services in accordance with section 10(1)(cN) read together with section 30 of the Income Tax Act of 1962, as amended.”
Awards and Recognition
- 2005: He was awarded a knighthood in recognition of his services to arts and business.
- 2000: He was awarded Entrepreneur of the Year Special Award for Lifetime Achievement during the Entrepreneur of the Year Awards in London.
- He received an honorary doctorate of economic science from the University of the Witwatersrand.
- He was awarded an honorary doctorate in commerce from the University of Pretoria.
- 1999: He was named as ‘The Achiever of the Century in South African Financial Services’ by South African Financial Mail.
- 1968: He was named ‘Business Man of the Year’ by the South African Sunday Times.
Frequently Asked Questions About Donald Gordon
Who is Donald Gordon?
Donald Gordon is one of best known as south African bussinessman.
How old is Donald Gordon?
He died at an age of 89 years old.
How tall is Donald Gordon?
Not available.
Is Donald Gordon married?
He married Dolores Hedrich Gordon in 1950.
How much is Donald Gordon worth?
Not known.
How much does Donald make?
Not known.
Where does Donald live?
Not known.
Is Donald Gordon dead or alive?
Donald Gordon died in November 21, 2019, at an age of 89 years old.
Where is Donald now?
Not known.
Video
About InformationCradle Editorial Staff
This Article is produced by InformationCradle Editorial Staff which is a team of expert writers and editors led by Josphat Gachie and trusted by millions of readers worldwide.
We endeavor to keep our content True, Accurate, Correct, Original and Up to Date. For complain, correction or an update, please send us an email to informationcradle@gmail.com. We promise to take corrective measures to the best of our abilities.