Britain's Top 100 Entrepreneurs 2014: No. 57 - Tim Steiner, Ocado

The online retail entrepreneur is worth £90m.

by Philip Beresford

Ocado, the Hemel Hempstead-based online grocer, was set up in 2000 by a trio of former Goldman Sachs bankers including chief executive Tim Steiner. It floated on the stock market in 2010 valued at £937m. After a difficult start, the shares bounced up and down but soared following a deal with Morrisons, the Yorkshire supermarket group. Ocado is now worth £1.77 billion. 

Age: 44
Activity: Online food retail
Wealth: £90m
Latest turnover: £792m
Five-year rise in turnover: 97%
No. of employees: 5742
Five-year rise in employment: 64%
Score: 159

Sign in to continue

Sign in

Trouble signing in?

Reset password: Click here


Call: 020 8267 8121



  • Up to 4 free articles a month
  • Free email bulletins

Register Now

Get 30 days free access

Sign up for a 30 day free trial and get:

  • Full access to
  • Exclusive event discounts
  • Management Today's print magazine

Join today