![]() ^ "Neck injury found on Arnold Clark's son"."Knight of the road's tale Sir Arnold Clark The Scottish motor trade's leading light has found hard work brings many rewards". ^ "Revealed: The deserving winners of the 2015 Used Car Awards".^ "Senate Office: Honorary Degrees 2005"."Billionaire Car Dealer Arnold Clark Dies At 89". ^ "Sir Arnold Clark 'first billionaire car dealer' "."Leading dealers feature prominently in Sunday Times Rich List". "Arnold Clark turnover hits record £3 billion mark". "Dealership acquisition still the driving force for Arnold Clark". ^ "Arnold Clark drives up sales as founder sees his salary rise 30%".^ "Arnold Clark buys Newcastle's Patterson".^ "Arnold Clark empire powers ahead Fairbairn acquired in multi-million-pound deal".^ "Arnold Clark on route to sales of £1bn".^ "Long pedigree keeps motor dealership in pole position"."Sir Arnold Clark: How £70 motor turned into car empire". ^ a b Pease, Victoria (10 April 2017)."Sir Arnold Clark 1927–2017: How Scot became Britain's first billionaire car dealer". ^ a b c d "Scottish billionaire car dealer Sir Arnold Clark dies".^ "The Scotsman with the golden touch".^ a b c "Arnold Clark's son is found dead Son of Arnold Clark found dead at home"."Sir Arnold Clark funeral: Touching eulogy from son of 'devoted' Sir Arnold". ^ Leadbetter, Russell (20 April 2017).^ a b c d "Car tycoon's pride at honour".^ a b "Clark opens Clydeside showroom"."Obituary – Sir Arnold Clark, car tycoon". ^ a b c d e f Davison, Phil (11 April 2017).He loaned it back to Le Bon in 2005 and the yacht was often loaned to other organisations to raise money for charitable work. That year, Clark led the annual Tobermory race, before Drum was involved in a collision with a Royal Navy submarine, around five miles off the Mull of Kintyre. The 78 foot craft is sailed with a crew of 22. Yacht Ĭlark bought the Maxi yacht Drum from Simon Le Bon in 1988. Car collection Ĭlark had an "extensive collection of classic cars", including a Ford Model T Town Car (1915), a Ford Model T Coupé (1924), a Citroën Cloverleaf (1926), a Rolls Royce Park Ward Single Tourer 20 hp (1928), an Austin Heavy 12 (1929). Clark settled in the village of Killearn and was a church elder. His second marriage was to Philomena and they had six children together. Clark had four sons from his first marriage, although his son Norman died in 1995 in Helensburgh at the age of 33. Personal life Ĭlark married twice, and had ten children - six sons and four daughters. He was presented with Car Dealer Magazine's Lifetime Achievement Award in 2015. The University of Glasgow bestowed an honorary degree upon him in 2005. In the 2004 New Year Honours, Clark was created a Knight Bachelor, for services to the motor industry, and for his community work in Scotland. He appeared on The World's Billionaires list compiled by Forbes for the first time in March 2017. The Sunday Times Rich List 2016 estimated that the fortune amassed by Clark and his family to be more than £1 billion, making him Britain's first billionaire car dealer. īy 2014, his wealth was estimated at £675 million, ahead of Britain's other car dealers. In September 2014, the company’s turnover reached almost £3 billion. He remained as chairman and chief executive, thus being the company's highest paid director and was receiving almost £2 million a year by 2012. Īt the age of 80, Clark was still a director of his company, receiving a salary of £1.3 million. The following year Clark's company was approaching a £2 billion turnover. The company opened a car showroom in the regenerated Glasgow Harbour, which at the time was Europe's largest. In May 2006, the company acquired the Harry Fairbairn BMW and Mini dealership. īy September 2002, Arnold Clark had 97 dealerships and with annual sales expected to reach £1 billion, it was considered Scotland's largest private company. By the late 1980s, Arnold Clark had branches across Central Scotland and one in England. In 1968, took over Grant, Melrose and Tennant giving the company an accident repair centre. In the 1960s, Clark also expanded into the rental vehicle market. He launched a finance company in 1963, meaning people no longer needed to involve their bank manager when purchasing vehicles from him. He secured his first retail franchise for Morris Motors in 1959, then during the early 1960s established showrooms in Bothwell Street and also in Paisley and Bearsden. Clark started buying and selling cars, opening his first showroom in 1954 in Glasgow's Park Road. He used his demob money to purchase a 1933 Morris Ten-Four for £70, and after restoring it, sold it for a profit. Clark left the RAF in the early 1950s, but was unable to find employment.
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