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William Stern (businessman)




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William Stern
Born
Vilmos György Stern

2 July 1935(1935-07-02)
Budapest, Hungary
DiedMarch 2020 (aged 84–85)
NationalityHungarian, British
OccupationBusinessman
Known forOwner of Stern Group, Britain's then biggest bankruptcy with debts of £118 million in 1973
Spouse(s)Shoshana Stempel (Freshwater)

William George Stern (born Vilmos György Stern, 2 July 1935 – March 2020)[1] was a Hungarian-born British businessman. He was known as the owner of the British Stern Group of companies. When the company fell in 1973, Stern became Britain's biggest bankrupt with debts of £118 million.[2][3][4] Stern was the reason for the creation of Britain's first Policyholders' Protection Act.[5]

He died in March 2020 from COVID-19.[6]

References