Difference between revisions of "Fergus James Kenneth Mackay"

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:19 [[Viscount Glenapp]], 20
 
:19 [[Viscount Glenapp]], 20
:Head of family: Earl of Inchape
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:Head of family: [[Earl of Inchape]]
 
:Will inherit £50 million
 
:Will inherit £50 million
  

Revision as of 11:01, 11 February 2007

19 Viscount Glenapp, 20
Head of family: Earl of Inchape
Will inherit £50 million
Fergus Mackay, as he is more commonly known, is descended from a family of colonial merchants who made a vast fortune in India and Hong Kong at the end of the last century, and helped finance the building of the Suez Canal.
Starting with a barony in 1911, the family head moved up to a viscount in 1924, before the earldom arrived in 1929. Mackay's grandfather was a significant landowner in Scotland, but the wealth is now in a family trust and the family live on their small estate in Wiltshire.
The family has a three per cent stake in the Inchcape Corporation - which over the past 18 months has sold off several business divisions, from bottling plants in Chile to global shipping services, to concentrate on its core motor business - trading in 30 countries. The sell-offs raised £600m, but the transition to global vehicle distributor was complete when Inchcape paid just £6m for a stake in Autobytel.Europe and took its car business online. [1]