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 | + | :Head of family: [[Earl of Inchcape]] |
: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 Inchcape
- 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]
