Bill Gammell Net Worth is$50 Million
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Date of Birth: 1952-12-29
Country: Edinburgh
Bill Gammell net worth: Bill Gammell is a Scottish former rugby player and businessman who has a net worth of $50 million. Bill Gammell was born in Edinburgh, Scotland in 1952 the son of an investment banker. Bill Gammell attended Fettes college, an exclusive Edinburgh school where he was friends with future British Prime Minister Tony Blair. The pair has remained lifelong close friends. Bill Gammell attended the University of Stirling, receiving his BA in Economics and Accountancy. Bill Gammell played tall winger in rugby on the Scottish National team. During his time on the Scottish National Rugby Team, he won five international caps. His rugby career ended in injury. Bill Gammell then followed his father into business, founding Cairn Energy with venture capital funding. The company had modest success with a Pennsylvania oilfield but really hit payday when an oilfield Cairn owned was revealed to contain more than one billion barrels of oil. Bill Gammell's father is close friends with George H.W. Bush through oil investments and the two family became close friends. Bill Gammell, George W. Bush, and Tony Blair remain good friends.
Sir William Benjamin Bowring Gammell, commonly known as Bill Gammell (born 29 December 1952) is a Scottish sportsman and industrialist.

Bill Gammell was born in Edinburgh, and was the son of an investment banker, who was invited at an early age to join Edinbugh's Ivory & Sime (which was started in the late 1800s with the formation of the British Assets Trust.) Gammell attended Edinburgh's exclusive Fettes College where he was friends and debating partners with future British Prime Minister Tony Blair. The two have remained close friends. After Fettes, Gammell attended the University of Stirling where he obtained a BA in Economics and Accountancy.
Gammell played rugby union at county level and for the Scottish national team. A tall winger, he earned five international caps, and played in the game against Japan in 1977 in Tokyo when he scored four tries in the Scots' 74-9 victory.
Gammell scored two tries on his debut for Scotland, against Ireland at Murrayfield in 1977.
After his rugby career was ended by injury, Gammell followed his father into business. Using venture capital, he founded Cairn Energy in Edinburgh. The company invested in several unsuccessful oilfields in the US before making a modest strike in the Pennsylvania oilfield. Gammell was appointed Cairn's Chief Executive on its initial listing in 1989. In the mid 1990s he led the company in a radical reallocation of its assets, moving out of US and North Sea oil and gas concerns and into neglected fields in South Asia. The company's fortunes soared in 2004, when a field it had bought in 2001 (for $7.5 million) from Shell in the Indian province of Rajasthan was found to contain close to 1.1 billion barrels of oil, catapulting it into the FTSE 100.
Gammell was paid an annual salary of ??552,000 for his role as chief executive at Cairn Energy. On 1 July 2011 Gammell assumed the role of non-executive chairman.
Gammell's father invested in US oil company Bush-Overbey, owned by future

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Bill Gammell Latest News

Oil tycoon warns North Sea on verge of terminal decline as investors shun scarce reserves - but independent Scotland need not be a problem

The founder and boss of one of Britain's biggest oil companies has warned that North Sea oil is on the verge of terminal decline. A lack of significant ... according to Sir Bill Gammell of Cairn Energy. Sir Bill, who is to stand down as chairman of the ...
Posted: March 8, 2014, 1:17 pm

Cairn ex-CEO,Rahul Dhir, leaves with Rs 200-crore worth of share bounty

as part of his compensation when he was offered the job by Bill Gammell, CEO of the Edinburgh-headquartered Cairn Plc. Gammell handpicked Dhir, then working with Merrill Lynch, during his presentation on how Cairn Plc should list in India. The stock ...
Posted: August 10, 2012, 2:52 pm

Cairn boss highlights prospect of big payouts to investors in Edinburgh oil firm

Cairn acquired its interests in the North Sea under the strategy developed by Mr Thomson after he succeeded the company’s founder, Sir Bill Gammell, as chief executive in 2011. This combines relatively low risk activity in the North Sea with exploration ...
Posted: May 16, 2018, 1:16 am
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