William Stern (businessman)

William Stern
Born
Vilmos György Stern

(1935-07-02)2 July 1935
Budapest, Hungary
Died21 March 2020(2020-03-21) (aged 84)
United Kingdom
NationalityHungarian, British
OccupationBusinessman
Known forOwner of Stern Group, Britain's then biggest bankruptcy with debts of £118 million in 1973
SpouseShoshana Stempel (Freshwater)

William George Stern (born Vilmos György Stern, 2 July 1935 – 21 March 2020)[1] was a Hungarian-born British businessman. He was known as the owner of the British Stern Group of companies. When the company fell in 1973, Stern became Britain's biggest bankrupt with debts of £118 million.[2][3][4] Stern was the reason for the creation of Britain's first Policyholders' Protection Act.[5]

He died on 21 March 2020 from COVID-19.[6]

References

  1. ↑ "USC Shoah Foundation". USC Shoah Foundation. Archived from the original on 2011-11-26. Retrieved 2021-01-01.
  2. ↑ "Not-so-hard times for the celebrity bankrupts". Evening Standard. 17 August 2001. Archived from the original on 17 May 2008.
  3. ↑ Charles, James (25 June 2008). "The 10 worst property investments ever". The Times. UK. Archived from the original on 7 July 2010. Retrieved 30 March 2020.
  4. ↑ "Stern declared bankrupt". Montreal Gazette. 2 June 1978.
  5. ↑ "Stern reminders of earlier property crashes". The Daily Telegraph. UK. 9 December 2007.
  6. ↑ "'Devastating': vicar and headteacher among latest UK coronavirus victims". The Guardian. 23 March 2020. Retrieved 23 March 2020.