{{Short description|British heir, investment banker, horse breeder & philanthropist (1946-2009)}} {{Use British English|date=June 2017}} {{Use dmy dates|date=October 2021}} {{Infobox person | name = Richard Hambro | image = | caption = | birth_name = Richard Alexander Hambro | birth_date = {{birth date|1946|10|1|df=yes}} | birth_place = | death_date = {{death date and age|2009|4|25|1946|10|1|df=yes}} | death_place = | resting_place = | resting_place_coordinates = | other_names = | known_for = | education = Eton College | alma_mater = LMU Munich | employer = | occupation = Investment banker, horsebreeder | title = | term = | predecessor = | successor = | political_party = | boards = | spouse = {{plainlist| * {{marriage|Charlotte Soames|1973|1982|end=divorced}} * {{marriage|Juliet Grana|1984|1992|end=divorced}} * {{marriage|Mary Hambro<br>|1993}} }} | children = 1 | parents = {{unbulleted list|Jocelyn Hambro|Ann Silvia Muir}} | relatives = {{plainlist| * Carl Joachim Hambro (great-grandfather) * Olaf Hambro (grandfather) * Rupert Hambro (brother) * James Hambro (brother) }} }} '''Richard Alexander Hambro''' (1 October 1946 – 25 April 2009) was a British heir, investment banker, horse breeder and philanthropist.<ref name=":0">{{Cite news|url=https://www.thetimes.com/world/us-world/article/richard-hambro-banker-and-businessman-j3ft6l0kxk3|title=Richard Hambro: banker and businessman|date=1 May 2009|work=The Times|access-date=5 September 2018|language=en|issn=0140-0460}}</ref>
==Early life== Richard Hambro was born on 1 October 1946.<ref name="dailytelegraph">[https://www.telegraph.co.uk/news/obituaries/finance-obituaries/5292331/Richard-Hambro.html Richard Hambro], ''The Daily Telegraph'', 7 May 2009</ref> His father, Jocelyn Hambro, served as the chairman of Hambros Bank from 1965 to 1972.<ref name="ft">Emiliya Mychasuk, [https://www.ft.com/content/2709451e-338b-11de-8f1b-00144feabdc0 Richard Hambro], ''Financial Times'', 28 April 2009</ref> His mother was Ann Silvia Muir.<ref name="ft"/> His paternal great-grandfather, Carl Joachim Hambro, was a Danish emigrant to England who founded the Hambro Bank.<ref name="citywire">Iain Martin, [http://citywire.co.uk/new-model-adviser/news/richard-hambro-dies-of-cancer/a338677 Richard Hambro dies of cancer], ''Citywire'', 27 April 2009</ref>
He was educated at Eton College and later graduated from LMU Munich in Germany.<ref name="dailytelegraph"/>
==Career== Hambro started his career in South Africa and later worked in Italy.<ref name="dailytelegraph"/> He then served as the president of Hambro America in the United States from 1976 to 1982.<ref name=":0" /><ref name="dailytelegraph"/> In 1986, Hambro played a significant role in selling the family's stake in Hambro's bank, before the bank was sold to Société Générale in 1998 for approximately £300m.<ref name=":1">{{Cite web|url=https://www.ft.com/content/8774a120-367c-11de-af40-00144feabdc0|title=Banker devoted to charities and horseracing|last=Lemer|first=Jeremy|date=2 May 2009|website=Financial Times|language=en-GB|access-date=5 September 2018}}</ref>
He co-founded J.O. Hambro Capital Management, a mergers and acquisitions financial firm, with his father and two brothers in 1986.<ref name="dailytelegraph"/><ref name="citywire"/> He also founded J. O. Hambro Investment Management, which he sold to Credit Suisse in 2000 for USD$124 million.<ref name="dailytelegraph"/><ref name=":1" /> At the time it had 650 clients and managed £1.5 billion worth of assets.<ref name=":1" /> Hambro served as its chairman until his death in 2009, even after it was a subsidiary of Credit Suisse.<ref name="dailytelegraph"/> It is now owned by Somers Limited and called Waverton Investment Management, named after the Hambro family home located in Gloucestershire.<ref>{{Cite web|url=https://www.waverton.co.uk/about-us/our-history|title=Waverton - Our History|last=Columns|website=www.waverton.co.uk|language=en|access-date=5 September 2018}}</ref>
Hambro also owned Wiltons, a seafood restaurant on Jermyn Street, which still belongs to the family, as well as Franco's.<ref name=":0" /><ref name=":1" /><ref>{{Cite web|url=http://www.thevintagemagazine.com/lifestyle/establishment-eateries-wiltons-an-institution-by-robert-jarman/|title='Establishment Eateries' – Wiltons – An Institution by Robert Jarman {{!}} The Vintage Magazine – Save the Best for Last|website=www.thevintagemagazine.com|language=en|access-date=5 September 2018}}</ref><ref>{{Cite news|url=https://www.standard.co.uk/go/london/restaurants/glorious-rebirth-of-a-legend-7386338.html|title=Glorious rebirth of a legend|work=Evening Standard|access-date=5 September 2018|language=en-GB}}</ref>
He was the founder of Money Portal, a financial advisory firm, where he served as chairman from 2003 until 2009.<ref name=":0" /><ref name="citywire" /> He also served as the chairman of I. Hennig & Co., the diamond broker for De Beers, from 1987 until his death.<ref name=":0" /><ref name="dailytelegraph" />
Hambro ran for the parliamentary seat of Rotherham in the October 1974 general election as the Conservative Party candidate.<ref name="dailytelegraph"/> He was defeated by incumbent Labour Member of Parliament Brian O'Malley.<ref name="dailytelegraph"/>
==Philanthropy== Hambro served as the treasurer of Macmillan Cancer Support from 1983 to 1991, and as its chairman of its board of trustees from 1991 to 2001.<ref name="macmillan">[http://www.macmillan.org.uk/GetInvolved/Volunteer/VolunteerAwards/Awardcategories/TheRichardHambroAward.aspx Macmillan Cancer Support: The Richard Hambro Award]</ref> During his time at the charity, the annual income grew from £3.5 million in 1983 to over £80 million by 2001.<ref name="dailytelegraph" /> The Richard Hambro Award is named in his honour.<ref name="macmillan"/> He also served on the boards of trustees of Colon Cancer Concern and Bowel Cancer UK, the board of governors of the London Clinic, and the board of directors of the Institute of Cancer Research.<ref name="dailytelegraph"/><ref name="citywire"/>
He served as the chairman of the South African National Business Initiative in 1995, which was renamed the same year to the National Business Initiative.<ref name=":0" /><ref name="dailytelegraph"/> He made charitable contributions to St Paul's Cathedral and served as director of the board at the Garden Museum.<ref name=":0" /><ref name="dailytelegraph"/>
==Equestrianism== Hambro was a steward at the Sandown Park Racecourse and Ascot Racecourse.<ref name="dailytelegraph"/> He became a member of the Jockey Club in 1997.<ref name="dailytelegraph"/> He served as the chairman of the Newmarket Racecourse from 2004 to 2009.<ref name="dailytelegraph"/>
After he inherited his late father's house, Waverton, in Moreton-in-Marsh, Gloucestershire in 1995, he bred racehorses.<ref name="dailytelegraph"/> Some of his best racehorses were Presenting and Beechy Bank.<ref name="dailytelegraph"/> At Warwick in 2002 the four-year-old Beechy Bank won with odds of 200-1, becoming one of the longest priced winners in British racing, though Hambro did not receive a payout as he did not bet on the horse at the time.<ref name=":1" /><ref>{{Cite news|url=https://news.bbc.co.uk/sport2/hi/other_sports/horse_racing/2273397.stm|title=Punters land 200-1 gamble|date=23 September 2002|access-date=5 September 2018|language=en-GB}}</ref>
==Personal life== Hambro was married three times. He was first married to Charlotte Soames, the daughter of Christopher Soames, Baron Soames and Mary Soames, Baroness Soames, from 1973 to 1982.<ref name="dailytelegraph"/> Their daughter, Clementine Hambro, was bridesmaid at the wedding of Prince Charles and Diana, Princess of Wales, in 1981.<ref name="dailytelegraph" /> She later married Orlando Fraser, the son of Tory MP Hugh Fraser and Lady Antonia Fraser, in 2006.<ref name="theindependent">[https://www.independent.co.uk/news/uk/this-britain/dynasties-the-society-event-of-the-year-422893.html Dynasties! The society event of the year], ''The Independent'', 4 November 2006</ref>
He was married to Juliet Grana (née Harvey) from 1984 to 1992.<ref name="dailytelegraph"/> In 1993, he married his third wife, Mary, who was a horse breeder.<ref name="dailytelegraph"/>
==Death== Hambro died on 25 April 2009 at the age of sixty-two.<ref name="dailytelegraph"/><ref name="citywire"/><ref name=":1" />
==References== {{reflist|30em}}
{{DEFAULTSORT:Hambro, Richard}} Category:1946 births Category:2009 deaths Category:Bankers from London Category:People educated at Eton College Category:LMU Munich alumni Category:British investment bankers Category:English racehorse owners and breeders Category:Philanthropists from London Category:British people of Danish descent Category:British people of German-Jewish descent Category:English people of Danish descent Category:Deaths from cancer in England Category:Danish barons Richard Category:People from Moreton-in-Marsh Category:20th-century British philanthropists Category:20th-century English businesspeople