Michael Spencer

January 10, 2024
Political Figure

Quick Facts

Michael Spencer
Full Name Michael Spencer
Occupation Political Figure
Date Of Birth May 30, 1955(1955-05-30)
Age 69
Birthplace Kuala Lumpur
Country Malaysia
Horoscope Gemini

Michael Spencer Biography

Name Michael Spencer
Birthday May 30
Birth Year 1955
Place Of Birth Kuala Lumpur
Birth Country Malaysia
Birth Sign Gemini
Spouse Lorraine Spencer

Michael Spencer is one of the most popular and richest Political Figure who was born on May 30, 1955 in Kuala Lumpur, Malaysia.

In 1976, he joined city broker Simon and Coates. There he took a large short position on the price of gold prior to the Russian invasion of Afghanistan; the price of gold quadrupled in response to the invasion and Spencer’s position incurred heavy losses, leading to his dismissal. In 1981, he joined Drexel Burnham, rising to Vice President before being fired for trading errors. From 1983 to 1986 he was a Director at futures firm Charles Fulton; when that firm floated, Spencer used £50,000 from his proceeds to co-found his first business, along with three colleagues.

Spencer co-founded Intercapital Brokers in 1986. Over its 20 years as a listed company, its total shareholder return was close to 6,000 per cent.

Michael Spencer Net Worth

Net Worth £1.15bn
Source Of Income Political Figure
House Living in own house.

Michael Spencer is one of the richest Political Figure from Malaysia. According to our analysis, Wikipedia, Forbes & Business Insider, Michael Spencer 's net worth £1.15bn. (Last Update: December 11, 2023)

Michael Alan Spencer (born 30 May 1955) is a British businessman and philanthropist. He is the founder of NEX Group, a UK-based business focused on electronic markets and post trade business which was acquired by CME Group in November 2018. NEX Group was formerly known as ICAP, until the sale of its voice-broking business to Tullett Prebon in December 2016. Spencer has been described as the richest self-made person in the City of London and as a “City grandee”.

Height, Weight & Body Measurements

Michael Spencer height Not available right now. Mickey weight Not Known & body measurements will update soon.

Who is Michael Spencer Dating?

According to our records, Michael Spencer married to Lorraine Spencer. As of December 1, 2023, Michael Spencer’s is not dating anyone.

Relationships Record : We have no records of past relationships for Michael Spencer. You may help us to build the dating records for Michael Spencer!

In 2008, Spencer divorced his first wife Lorraine. They had two sons and a daughter, and homes in Notting Hill, Suffolk and Manhattan.

Facts & Trivia

Mickey Ranked on the list of most popular Political Figure. Also ranked in the elit list of famous people born in Malaysia. Michael Spencer celebrates birthday on May 30 of every year.

In 2011, Spencer was made Chairman of Bordeaux Index, the online wine trading exchange in which he is an investor. He also holds a stake in English wine maker Chapel Down.

How much is Michael Spencer worth?

The Right Honourable The Lord Spencer of Alresford
Nationality| British
Political party| Conservative

How did Michael Spencer make his money?

The 66-year-old former Conservative Party treasurer originally made his fortune through ICAP Plc, NEX’s predecessor company, a business he founded in 1986. The firm grew to become the world’s biggest broker of deals between banks and turned Spencer into one of the City of London’s most prominent figures.

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