Adrian Gore Biography
Adrian Gore was born on 16th May 1964 in South Africa. He is a South African entreprenuer, founder and group chief executive of Discovery Limited.
Adrian Gore raised seed funding from Laurie Dippenaar, a co founder of Rand Merchant Bank, and founded the South African medical insurer after years of working with Liberty Life.
He launched Discovery in 1992, with a simple and core purpose of making people healthier and enhancing and protecting their lives. Discovery has since evolved into a diversified and multinational financial services group. Discovery is widely acknowledged as a global thought leader in wellness behavioral change and its integration with health, life and short-term insurance.
Discovery listed on the Johannesburg Stock Exchange in 1997, and under Adrian’s leadership, has expanded its international reach to the United Kingdom, United States and China. Discovery generates total income flows in excess of R50 billion and has over 8 000 employees globally serving six million customers world-wide.
Adrian Gore Age
He was born on 16th May 1964. He is 54 years old as of 2018.
Adrian Gore Wife| Adrian Gore And Wife
He married his wife Lauren Gore in 1987 and they have two children.
Adrian Gore Salary
He has a fortune estimated at around R7 billion thanks to his shareholding in Discovery. In 2017, he took home a total salary of R17 million, including a basic salary of R6.2 million, and a performance bonus of R3.6 million. This figure was down from the R18.5 million the chief executive received in 2016.
Adrian Gore Net Worth
He is the founder of Discovery Holdings Limited, which now owns Discovery Health, Vitality and Life in South Africa, Destiny Health in the US and 50% of Prudential Health in the UK.
It’s a group with a gross total inflow of about R25-billion a year and which is moving into the area of investment with Discovery Invest. In a market of some R70-billion, it believes it can corner anything up to 20%. Gore is the company’s largest individual shareholder with an estimated 8% stake. He has an estimated net worth of $480 Million.
Adrian Gore Career
Adrian graduated from Wits University in 1986. He is a Fellow of the Actuarial Society of South Africa, a Fellow of the Faculty of Actuaries (Edinburgh), an Associate of the Society of Actuaries (Chicago), and a member of the American Academy of Actuaries. In 1998, Adrian was recognized as South Africa’s Best Entrepreneur by Ernst & Young, and in 2004 was chosen as South Africa’s leading CEO in the annual MoneyWeb CEO’s CEO of the Year Awards. In 2008 he received the Investec Award for Considerable Contribution in a Career/Profession, and in 2010, was named as the Sunday Times Business Leader of the Year.
Adrian chairs the South African chapter of Endeavor – a global non-profit organisation that identifies and assists high-growth entrepreneurs. Adrian sits on the World Economic Forum Global Health Advisory Board, which is committed to improving global healthcare and on the Massachusetts General Hospital Global Health Advisory Board, whose mandate is to enhance care for the world’s most vulnerable populations, as well as to educate and prepare the next generation of health leaders and educators.
Adrian Gore Leadership Quotes
“I believe leaders are positive and optimistic – this doesn’t mean they walk around with a smile and never see obstacles or challenges. They have an innate belief that they can find a way. They have a positive disposition and, therefore, invariably make better decisions. Leaders make time to dream, think big and then set goals to get there. They have a sense of urgency – and innate understanding that time is limited and therefore act accordingly. They never stop learning – the more you learn, the more your capacity to learn increases. Successful leaders are persistent – they always feel they can squeeze out more time, productivity or profit. And leaders are honest – they have integrity.”
Adrian Gore Awards
- 2013: He received the Manex Award from the University of the Witwatersrand Business School.
- 2010: He was named as the Sunday Times business leader of the year.
- 2004:South Africa’s leading CEO in the annual MoneyWeb CEO of the Year Awards.
- South African Jewish Business Achiever Award.
- 1998: South African Best Entrepreneur, Ernst & Young.
Adrian Gore Contact Details
Discovery Holdings CEO: Mr Adrian Gore
Telephone: +27 11 529 2888
Fax: +27 11 539 8003
Discovery’s Adrian Gore: The Secret of His Success
Adrian Gore Interview
Tell us a little bit about the early years.
Adrian Gore: I was born in Johannesburg in 1964 to two frustrated academics. My dad, who has a number of degrees, is still studying biology and he’s in his 70s. I then went to school at King David Linksfield.
Did you play any sport or follow sport?
Adrian Gore: I played soccer but I spent a lot of time racing motocross. Nowadays I take my son karting, but I enjoy driving cars, not bikes. Most sports I don’t really support anyone, but in English soccer I support Manchester United.
Of course this could be down to your many crashes while doing motocross or perhaps a lack of fibre in your diet; you may want to have that checked. Are you married?
Adrian Gore: I’ve been married to Lauren (“the Chairman”) since 1987. We have three kids, Sarah Emma, Rebecca Amy and Jacob Stephen. Both of us are obsessed with the children, although I must say the Chairman is very tolerant with me being away so often.
Where did you meet?
Adrian Gore: At Wits in accountancy class.
How often are you away?
Adrian Gore: We normally work in eight-week circuits, covering the overseas entities as well as the local ones.
How do you see South Africa’s future?
Adrian Gore: Optimistic but realistic. People are overly pessimistic. We have the potential to build this into a great country. It is within our hands. What I particularly like is that as South Africans we can make a difference while in places like America, which is so vast, you’re like a drop in the ocean. What I am very concerned about is the levels of crime. I have been looking into various aspects of security on the ground. Discovery is a willing participant in the fight against crime.
What are your qualifications?
Adrian Gore: I’m a Bachelor of Science (Hon) specialised in actuarial science (Wits), also a Member of the American Academy, an Associate of the Society of Actuaries in Chicago, and a Fellow of the Faculty of Actuaries in Edinburgh.
Where did you cut your teeth?
Adrian Gore: I started with Liberty Life, a fantastic company where I believe there was a coalescing of my creative juices while learning the ropes of institutional management, which was vital. I was there for around six years, ending up heading product development. I learned the importance of producing sexy, exciting products and [having] pride in your product.
While you were there, was the vision for what became Discovery forming?
Adrian Gore: Very much so. In 1991, when I left Liberty, it was to raise the capital to found Discovery, which coincided with the arrival of my first daughter, Sarah.
When we made the time for the interview you said you were off to the US.
Adrian Gore: It’s part of our eight-week circuit, which I arranged to coincide with the New York Marathon.
Have you been training?
Adrian Gore: For months. I’m up every morning at 4.30am training. I’m definitely a bit obsessive compulsive when it comes to training. Everywhere I go I run up and down the fire escapes. Even between appointments I’m up and down the fire escapes.
And you support Manchester United … it could be distemper; possibly rickets. I’m not the expert …
Adrian Gore: Three years ago at the Marriott Hotel in Chicago, they had a fire and I was the only one who knew where the fire escape was. I was showing all the other guests where they were.
When was your last marathon?
Adrian Gore: About 20 years ago, but as I say, I’m obsessive when it comes to training. It is vital in dealing with the stress which goes with the job. I have run the City to City and the Johannesburg Marathon, but that was years ago.
How would you describe the group?
Adrian Gore: I see us as a social disruptor, by which I mean that we disrupt a market in a positive sense. We look for places where the markets can be improved and attempt to make a substantial difference to that market, which I believe we do.
What’s your favourite TV show?
Adrian Gore: I’m a fan of Seinfeld.
Adrian Gore: Very little but because of my excessive time travelling I spend my time with the family. [I noticed that at this point he had stopped mentioning Man United — maybe it’s something I said.] I like to go for a drive or take the kids karting at Zwartkop.
What’s your average day look like?
Adrian Gore: I’m up at around 5am and finish around 7pm. After work I run on the treadmill and read a lot. Things like journals, book reviews and the Times Literary Supplement. Very seldom novels. I’m currently reading JM Coetzee’s Diary of a Bad Year. [I would imagine this is about one man’s epic struggle to conquer fire escapes, or something like that.]
How’s your brother Warren?
Adrian Gore: Back from the States, been living here for a few years. We are always having good-natured debates about everything and anything.
Besides running up and down fire escapes, how do you deal with the stress?
Adrian Gore: As an Orthodox Jew, I do absolutely no work on a Saturday — it’s time for family and friends.
You are also the chairman of the South African Jewish Board of Education?
Adrian Gore: I am.
Do you meet a lot of famous people?
Adrian Gore: It’s part of what I do. I’ve met Richard Branson, for example, but the biggest thrill was meeting Madiba.
What about charity?
Adrian Gore: Discovery is very active in the healthcare space: building clinics, HIV and anti-natal funding. We’re also injecting between R100-million and R200-million into educating of black medical specialists.
How did it feel to be awarded the Ernst & Young Entrepreneur of the Year Award?
Adrian Gore: It felt like I was the captain of a winning team. As I said then, this is very much a team effort.
Just by the way, how big is this place?
Adrian Gore: We have around 4 000 staff in the three buildings you can see.
Besides family, what’s been the greatest achievement?
Adrian Gore: I’ve been blessed. It’s been a great ride all the way.
Adrian Gore Latest News
Published on; 4 September 2018 6:30 PM
Discovery’s normalised profits rose by 17% to R8.26 billion in the year ending on 30 June.
Earnings per share were up 16%.
Normalised headline earnings per share increased by 16% to 837.4 cents.
Discovery will pay a dividend of 114 cents per share.
The Money Show’s Bruce Whitfield interviewed Discovery Limited founder and CEO Adrian Gore.
Gore discussed his company’s results.
He also spoke about the bank Discovery is launching “before the end of 2018”
It’s a good time to be building. When the economy turns we’ll be well-positioned…
— Adrian Gore, Discovery
We need to give the President some time… We are not changing our plans. We are building and investing…
— Adrian Gore, Discovery
We can get the bank up and running this year…
— Adrian Gore, Discovery
It [medical inflation] will always be a tough adversary… We’ve got to make sure health-care is affordable and accessible.
— Adrian Gore, Discovery
Cancer rates are getting substantially higher…
— Adrian Gore, Discovery