John Roberts (British businessman)
John Roberts | |
|---|---|
| Born | 8 October 1973[1] |
| Nationality | British |
| Education | Bolton School |
| Occupation | Businessman |
| Title | CEO and founder, AO World |
| Spouse | Sally Roberts |
| Children | 5 |
John Roberts (born 8 October 1973) is a British businessman, entrepreneur and philanthropist. He is the founder and CEO of AO World, an online retailer specialising in electrical goods, and 30 year campaigner for young people including supporting youth charity, OnSide Youth Zones.
Early life
[edit]Roberts grew up in Bolton.[2] He went to Bolton School, and earned eight GCSEs, but failed his A-levels in maths, geography and economics.[3][4]
Career
[edit]Roberts started his career as a waiter and kitchen salesman.[2]
In 2000, he founded Appliances Online, after a friend bet him £1 to set up a business.[4] In 2014, Roberts led AO World’s listing on the London Stock Exchange, valued at the time at £1.6 billion.[5]
In May 2019, the Sunday Times Rich List put Roberts' wealth at £210 million.[6]
In February 2017, he stood down as CEO of AO World, and was succeeded by Steve Caunce.[7] Two years later, in January 2019, AO World announced that Caunce was stepping down as CEO, and Roberts was reassuming the role.[8][9]
Roberts has said he built AO on his two personal mottos of ‘treat every customer like your gran’ and ‘make your mum proud’[10]
In September 2021, Roberts was listed 30 in the Financial Times list of the UK’s Top 100 Entrepreneurs. He won the This is Manchester Supernova Award in 2018 and the Retail Week Retail Activist Award in 2020.[11][12][13]
Philanthropy
[edit]Roberts has been a supporter of Bolton Lads and Girls Club for more than 30 years. In 2016, Roberts and his wife Sally gave £1.5 million to OnSide Youth Zones. He has been a Trustee of the charity since 2015. In 2020, he pledged to give OnSide Youth Zones his £20 million bonus if the AO Value Creation Plan pays out. He says he gives most of his earnings to charity.[14][15][16][17][18]
Over the last 12 months, Roberts has been an increasingly vocal campaigner to restore over £1bn of lost funding to youth infrastructure which would be matched by private philanthropy, to reform the Apprenticeship Levy[19] and to consider radical solutions to fix the care system for "looked after children".[20]
Personal life
[edit]He is married to Sally Roberts, they have five children, and live in Bolton.[4][2][21] It was reported that he will not allow his children to work for the company, nor will they inherit, and is "considering putting his wealth into a charitable trust".[2]
References
[edit]- ^ Shah, Oliver (23 March 2014). "White goods king who is Bolton's answer to Mark Zuckerberg". The Sunday Times. Retrieved 15 October 2024.
- ^ a b c d Scheerhout, John (24 March 2014). "Millionaire tells his kids they won't be inheriting £500m fortune". manchestereveningnews.co.uk. Retrieved 3 August 2018.
- ^ "'Results give you options' - John Roberts, AO World". managementtoday.co.uk. Retrieved 3 August 2018.
- ^ a b c "Britain's Top 100 Entrepreneurs 2014: No. 7 - John Roberts, AO World". managementtoday.co.uk. Retrieved 3 August 2018.
- ^ Neate, Rupert (26 February 2014). "AO.com founder makes £86m as white goods retailer floats on stock market". The Guardian.
- ^ "Rich List 2019: profiles 553-599=, featuring Catherine Zeta-Jones and Michael Douglas". The Sunday Times. 12 May 2019. ISSN 0140-0460. Retrieved 4 July 2019.
- ^ "John Charles Roberts, AO World PLC: Profile and Biography". Bloomberg.com. Retrieved 1 November 2022.
- ^ Hipwell, Deirdre (1 February 2019). "AO World founder John Roberts spins back into top job". Retrieved 1 February 2019 – via www.thetimes.co.uk.
- ^ Jahshan, Elias (31 January 2019). "AO World founder John Roberts to return as CEO as Steve Caunce steps down". retailgazette.co.uk. Retrieved 1 February 2019.
- ^ "Don't cry to mother if rates freebie comes back to bite". the Guardian. 24 November 2020. Retrieved 6 October 2021.
- ^ "The UK's top 100 entrepreneurs". Financial Times. 13 September 2021. Retrieved 6 October 2021.
- ^ "The Shortlist & Winners '18". This is Manchester Awards 2019. Retrieved 6 October 2021.
- ^ MacDonald2020-03-12T23:15:00, George. "Retail Activist: AO's John Roberts on bringing kids OnSide". Retail Week. Retrieved 6 October 2021.
{{cite web}}: CS1 maint: numeric names: authors list (link) - ^ "ONSIDE YOUTH ZONES - Charity 1125893". register-of-charities.charitycommission.gov.uk. Retrieved 6 October 2021.
- ^ Roue, Lucy (26 January 2016). "AO boss gifts £1.5m to young people". Manchester Evening News. Retrieved 6 October 2021.
- ^ "John Roberts makes bonus pledge to OnSide". OnSide. 21 July 2020. Retrieved 6 October 2021.
- ^ Robinson, Jon (9 May 2021). "AO investor and philanthropist Bill Holroyd unveils the secrets of a good deal". Business Live. Retrieved 6 October 2021.
- ^ "John Roberts". OnSide. Retrieved 6 October 2021.
- ^ Fish, Isabella (8 July 2024). "AO World boss calls for big companies to run training scheme". The Times. Retrieved 8 July 2024.
- ^ Fish, Isabella (8 July 2024). "'Broken' youth services need radical reform, says AO World boss". The Times. Retrieved 8 July 2024.
- ^ "Husband and wife donate £1.5 million to charity". The Bolton News. Retrieved 3 August 2018.