Nisha Rathode (Editor)

Clifford Gundle

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Nationality
  
South African


Name
  
Clifford Gundle

Known for
  
Founder of Gundle Plastics Group

Clifford Gundle is a South African philanthropist, entrepreneur and investor, and founder of gundle plastics, one of the largest flexible film plastics manufacturers in the southern hemisphere.

Contents

Career

In 1964 he opened Gundle Plastics producing 6 foot wide low density polythene sheeting for the packaging industry. In 1984 he sold gundle manufacturing systems, but retained his share in gundle lining systems which he founded in 1981, which was renamed Aquatan. Growth of the company exploded after government regulations in South Africa required double lining. He sold the company in 1986 for the sum of $32.5 million.

Aurum Investments, his next venture, was set up with his son Kevin Gundle, a hedge fund management company which successfully launched its first fund, Aurum ISIS in 1994. Clifford Gundle now runs his family empire which includes manufacturing, investment-management and technology concerns around the world. Some of his more notable investments have been Citywire, which his son is now a director of.

Philanthropy

Gundle has made many notable charitable donations including:

  • Patronage of the London Jewish Cultural Center.
  • Patronage of the National Theater.
  • Patronage of the Cameri Theater Tel Aviv.
  • Charitable support of the V&A museum.
  • Endowment of the Courtauld Institute of Art.
  • Deans council at the Harvard Kennedy Business School.
  • Donation for the British ORT.

    • Clifford Gundle also made a donation of £1,750 in 2007 to Michael Gove.

    Personal life

    Clifford gundle is married to his wife, Sooozee Gundle with whom he has had 4 children.

    References

    Clifford Gundle Wikipedia
    (Text) CC BY-SA