Philip Green, Owner of Arcadia and Bhs

How did Philip Green, whose shops can be found on nearly every UK high street, make his fortune?

Last Updated: 09 Oct 2013

Who is he?

A maverick retail entrepreneur worth £1.85 billion. He is Britain's sixth-richest man and a Forbes billionaire.

How did he make his millions?

Green bought high street chain Jean Jeanie for £65,000 in 1984, sold it a year later for £3 million, then bought clothing store Amber Day with the proceeds, later selling his holding for £8 million. Green's big coup was to buy Bhs in 2000 for £200 million, increasing its profit nearly eightfold in two years to £92 million. He acquired Arcadia last year for £850 million. Its operating profit doubled this year to £227.9 million.

What's the secret of his success?

A brilliant dealmaker who knows what the masses want.

Find this article useful?

Get more great articles like this in your inbox every lunchtime

Upcoming Events


Get your essential reading delivered. Subscribe to Management Today