Nationality British Name Dr. Hay | Employer JMH Group Titles Chairman | |
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Born 7 June 1950 (age 73) ( 1950-06-07 ) | ||
James "Jim" Hay (born 7 June 1950) is a Scottish born entrepreneur. He is the Chairman of Dubai-based JMH Group – a private family business operating in the construction and high end luxury goods markets. The Hay family was listed in the Sunday Times 2012 ‘Rich List’ as being amongst Scotland’s 100 wealthiest people.
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Education
Hay studied at Strathclyde University, Glasgow, Scotland gaining a BSc and PHD in Applied Chemistry. In 2013 he was welcomed to the ‘Strathclyde Academy of Distinguished Entrepreneur’s’ for his work with the JMH Group/Fosroc.
BP
In 1975 Hay joined BP as an engineer and went on to spend 27 years there. He went on to become a senior executive at BP.
JMH Group
In 2002 Hay founded the JMH Group, a private business which is today reported as having turnover in excess of $600m. He is Chairman of the JMH Group which includes Fosroc as well as luxury goods brands Ray Ward, Bernard Wetherall (Savile Row men's outfitters) and Fitriani (women's fashion design and retailer).
Fosroc
Hay acquired Fosroc which provides Constructive Solutions for a wide variety of construction project.
Uplands, The Lambourn Yard
In 2006 Hay purchased Uplands, The Lambourn Yard from John and Lavinia Taylor. In 2008 the Hay family were reported to have topped the list of buyers at South Africa’s yearling sales.
In 2011, they purchased a share in Irish Derby and Champion Stakes winner Cape Blanco and 4 time Group 1 winner Fame and Glory. Fame and Glory went on to win the 2011 Ascot Gold Cup, on a day when the Hays were invited to join the Queen's Royal procession in open-topped carriages from Windsor Castle.
Horse racing performance
In 2010 the Hay family enjoyed their most successful year in racing with 27 winners, 24 second places and 26 third places earning a total of £375,969 in prize money. In 2014 up to 4 September they have had 13 winners, 9 second places and 13 third places netting £177,991 in total prize money.
Birch Grove
In 2011, Hay and his wife Fitri purchased Birch Grove, the former home of Harold Macmillan in West Sussex.
The estate also includes a private golf course.
University of Strathclyde
In 2009, Hay was reported to have made a substantial donation to his former university, Strathclyde's Insititute of Pharmacy and BioMedical Sciences, in support of a 'Drug Discovery' campaign.
Dubai Community Theatre & Arts Centre
Hay is listed as a ‘Diamond Star Patron’ for the Dubai Community Theatre & Arts Centre.