Ian and Richard Livingstone Net Worth
Emily Baldwin Ian and Richard Livingstone Net Worth
Ian and Richard Livingston are British entrepreneurs with a net worth of $3.7 billion. They founded London & Regional Properties (L&R), one of Britain’s most successful property trading companies. The brothers first started their mutual career path by opening optical stores, and in 1992, they gained the David Clulow optical chain stores, which they sold in 2011, making a bulk of their fortune.
The Livingstone brothers’ key business is real estate, which they first launched in 1987 by founding London-based L&R. Their empire has an estimated value of approximately $6.3 billion, and they have offices in Moscow, Kiev, Stockholm, Panama City, Cape Town, and St. Petersburg, besides London. Their property in Panama, named Panama Pacifico, has 250 acres of commercial development and 20,000 homes, only 15 minutes outside of Panama City.
In 2012, the Livingstone brothers received a $4,930-million-worth approval for the redevelopment of the Elizabeth House hotel in Central London. They also run Loopsign Limited, a multiple property investment vehicles company, with funds in Germany, the U.K., Panama, and Russia.
