Brian Souter Net Worth is$328 Million
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Profession: Entrepreneur, Businessperson
Date of Birth: 1954
Country: Scotland
Sir Brian Souter is a Scottish businessman, co-founder of Stagecoach Group and worth a healthy $328 Million. This may seems like a lot, but not too long ago he was worth upwards of $2 Billion, but lost most of his money due to the downfall of the economy. The company, Stagecoach Group, is a international business operating buses, trains, trams and yes, coaches. He started the company with his sister Ann and it has provel to be a very successful business venture.
Sir Brian Souter (born 5 May 1954 in Perth, Scotland) is a Scottish businessman. Along with his sister, Ann Gloag, he founded the Stagecoach Group which started running bus services and expanded throughout the United Kingdom and internationally, also moving into rail franchises.
Souter has also been politically active in Scotland, having donated large sums to the Scottish National Party. When the Scottish Government proposed to repeal Section 2A of the Local Government Act, which prevented local authorities from "promoting homosexuality", Souter started the Keep the Clause campaign to oppose their plans, spending one million pounds of his own money to organise a private referendum across Scotland. This campaign, and other controversial statements, have led opponents to accuse him of homophobia.
Souter has also made large charitable donations through his own Christian-based charity trust. In 2011, he was awarded a Knighthood for services to transport and the voluntary sector, though the honour was criticised by Scottish Labour politicians and by Gay Rights campaigners.
Souter lives in Perth with his wife and four children, and is a prominent member of Perth's Trinity Church.
Souter was educated at Perth Academy, University of Abertay and the University of Strathclyde[citation needed] before he completed training as a Chartered Accountant with Arthur Andersen.
Using his father's redundancy money, and working with his sister Ann Gloag and his brother-in-law Robin Gloag, Souter established the Stagecoach Group in 1980, running buses from Dundee to London. Expansion continued and in the early 1990s, Stagecoach acquired National Bus Company operations in Cumberland, Hampshire, East Midlands, Ribble, Southdown and the United Counties. Stagecoach bought further bus operations in Scotland, Newcastle and London, with Manchester being added a few years later. In 1993, Stagecoach was valued at lb134 million and was floated on the London Stock Exchange in order to

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Brian Souter Latest News

Richard Branson tells Virgin Trains to re-stock the rightwing UK newspaper it banned

But writing on his blog on Monday, Branson said the removal of the Daily Mail amounted to censorship, adding that he and Brian Souter, chairman of Stagecoach, which operates the rail service with Virgin Group, had instructed staff to re-stock the paper."
Posted: May 5, 2018, 6:19 am

Former RBS vice-chairman among investors seeking to join rights issue case

Angus Grossart, a former vice-chairman of the bank, and Brian Souter, the founder of transport firm Stagecoach, have applied to join the case seeking about 200,000 pounds ($249,920) in damages, the documents filed at a London court show. The civil lawsuit ...
Posted: February 9, 2017, 4:00 pm

Lower paid workers could lose out as a result of pensions auto-enrolment

Leading businessman Sir Brian Souter commissioned the analysis as part of his work as president of the accountancy body ICAS. For someone living in social housing, who has paid into a workplace pension all their life, it could take 48 years after their ...
Posted: May 6, 2018, 12:16 am
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