Religion Judaism | Children 2 Name John Porter | |
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Full Name John Rober Porter Nationality BritishParents = Sir Leslie Porter (Deceased), Dame Shirely Porter Occupation International Businessman and Philanthropist Residence Mayfair, London, United Kingdom, London, United Kingdom, Verbier, Switzerland, Switzerland | ||
John Robert Porter (born 5 January 1953) is an English billionaire businessman and philanthropist best known as the grandson of Sir Jack Cohen founder of Tesco and son of Dame Shirley Porter.
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Early life and education
When John Porter was young, he was given £4 million by his grandfather, Sir Jack Cohen, the founder of Tesco. He was educated at Highgate School and obtained degrees from Oxford, the Institute d’Etudes Politiques in Paris, and Stanford Graduate School of Business, where he has also served on the advisory council.
Business career
In 1985 Porter became chairman of Verifone and remained a director until the company was sold to Hewlett-Packard in 1997. During the early 1990s he became involved with a property development company called Chelverton Investments, owning a 45 percent stake as of 1993.
A key plank in John Porter’s empire was said in 2000 to be the fortune he had made out of the US computer company Telos, based in Virginia, which has close ties to the Pentagon. Telos was originally called C3, and specialised in the communication systems that formed the backbone of the US Army.
In 2015 Porter used his holding company i-Spire to acquire a 50% stake in digital marketing firm Shoogloo.