David and Frederick Barclay Biography
The Barclay brothers were born ten minutes apart in Hammersmith, London, to Scottish parents Beatrice Cecilia (née Taylor; died 1989) and her traveling salesman husband, Frederick Hugh Barclay. The couple had a total of eight children. When Frederick Sr. died when the brothers were twelve years old, they dropped out of school four years later in 1950 to work in the accounting department at the General Electric Company before launching their own painting and decorating business.
David and Frederick Barclay Career
Sir David Rowat Barclay and Sir Frederick Hugh Barclay were British billionaires known as the “Barclay Brothers” or “Barclay Twins.” They were identical twin brothers who had combined business interests in media, retail, and real estate until David’s death in 2021. The brothers paid £45 million for the brewing and shipping company Ellerman in 1983. They then sold their brewing division (for £240 million) and their shipping business in late 1985. (to its management)
David and Frederick Barclay Personal Life/Death
David married Zoe Newton, a ballet dancer, at St John the Baptist Church on Holland Road in Kensington in 1955. Frederick met and married Hiroko Asada (née Kuzusaka), a well-known person in Japanese society in London, in the mid-1970s; she had a son from her previous marriage, Ko Asada Barclay, who is now married to Sara Love. David died on January 10, 2021, after a brief illness.
In May 2021, the court ordered Frederick to pay his wife £100 million in a divorce she sought, with the judge criticizing Frederick for selling a yacht against the court’s orders.
David and Frederick Barclay Net Worth
According to the Sunday Times Rich List 2020, they are worth £7 billion. They had a reputation for shunning publicity and were frequently regarded as reclusive.