Owner of the soccer team Tottenham Hotspur and British billionaire Joe Lewis have both been charged in New York with running what a federal prosecutor has called a brazen insider trading scheme.
Lewis was accused of telling friends, personal assistants, private pilots, and romantic partners sensitive business information. In a 19-count indictment, Lewis was charged with 16 counts of securities fraud and three counts of conspiracy.
Joe Lewis: Who is he?
Lewis is a businessman and investor from the UK. The Sunday Times Rich List predicts Lewis’s net worth to be £5.096 billion in 2023. Lewis is a significant shareholder in the Premier League football team Tottenham Hotspur.
After selling the family business in the late 1970s, Lewis moved to the Bahamas and is currently a tax exile. Lewis then changed his career in the 1980s and 1990s to currency trading. Lewis bet that the pound would leave the European Exchange Rate Mechanism in September 1992.
As a result of the incident, also known as “Black Wednesday,” Lewis amassed enormous wealth. Lewis keeps engaging in currency trading. Lewis is the main investor in the Tavistock Group, which has control over more than 200 companies in 15 different countries.
Lewis has been married twice. His first union, with Esther Browne, was annulled. Their two children were named Charles Lewis and Vivienne Lewis Silverton. As his “heir,” Vivienne Lewis Silverton sits on the Tavistock board of directors.
Toby Silverton, the former chairman of Bristol Cars, which Tavistock once owned in its entirety, is divorced from her. She dated former Liverpool footballer Craig Johnston for 18 years, from the 2000s to the 2010s. Charles Lewis lives in Argentina and has a wife named Jane Lewis.