#16 Simon Nixon
Age: 42yrs
Birth Place: Chester, Wales, UK
Industry: Financial
Influence: Revolutionized Online Financial Systems
Net Worth: $570 million
Why they made the list…
Simon Nixon is one of those entrepreneurs that likes to keep his cards close to his chest, and his personal life private because of this up until 2008 there really wasn’t much information on Simon Nixon. If you don’t already know who he is Simon Nixon is best known as the man who founded Money Supermarket He establish the business in 1993 while still a student at the Nottingham University in the United Kingdom. Everytime he was backed by Duncan Cameron he was an off-line mortgage adviser and decided to invest a little in Simon Nixon’s idea. In 1999 Nixon took the business online providing online mortgage information as well as expanding to provide services within the credit card and personal loans sector.
With his usual excess, and his brilliant and refreshing customer service his business grew beyond his wildest dreams and in 2003 he opened up another website under the money supermarket brand called insuresupermarket.com, he also opened up travelsupermarket.com in 2004 to expand his business futher. The business was growing and Nixon wanted more of the pie, which was great seeing as in 2007 Duncan Cameron had decided to sell his share of 47% under the presumption that there was soon to be a very sharp downturn in business for them. Duncan Cameron couldn’t have been more wrong, Simon Nixon bought Duncan’s shares from approximate figure of £162 million. The company became listed on the London stock exchange in the same year, and in late 2009 Nixon managed to get the comedian Omid Djalili to star in some of his commercials.
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