Richard Livingstone (businessman)
Richard Livingstone | |
|---|---|
| Born | Template:Birth year and age United Kingdom |
| Occupation(s) | Property developer, businessman |
| Known for | Co-owner of London & Regional Properties |
Richard John Livingstone (born November 1964) is a British billionaire in the property development sector and co-owns the privately held firm London & Regional Properties alongside his brother Ian Livingstone.
Early life
Richard was born in the United Kingdom in November 1964, the son of a dentist based in Ealing, London. He received his education at St Paul's School, London, a prestigious independent school.
Career
After qualifying as a chartered surveyor, Richard and his brother Ian—who previously worked as an optometrist—purchased the David Clulow opticians chain in 1992. They sold this business in 2011 to concentrate fully on property ventures.
Their initial real estate projects were supported financially by the merchant bank Dawnay Day, associated with Jacob Rothschild, which Ian described as "very supportive."
Operating through London & Regional Properties, the brothers hold ownership of David Lloyd Leisure and a portfolio of upscale hotels such as Cliveden House in Berkshire, along with Hilton Hotels located in London's Green Park and Park Lane. They also transformed the former headquarters of Marks & Spencer at 55 Baker Street, now occupied by offices for firms including Knight Frank, BDO Stoy Hayward, and London & Regional.
By 2015, together with Jaime Gilinski Bacal, they embarked on developing the $700 million Panama Pacifico project situated in Panama City, Panama, on land formerly used by the Howard Air Force Base. Additionally, they are undertaking a $930 million redevelopment of the former Elizabeth House hotel near London's Waterloo station.
Personal life
Livingstone married Claire Burns, daughter of John Burns—the founder of Derwent London property group—in 1997; the couple later divorced. He is of Jewish heritage.
The Evening Standard has characterized the brothers as "arguably the lowest-profile billionaire siblings in London," noting their preference for privacy to preserve a normal upbringing for their children.
According to the 2024 Sunday Times Rich List, Richard and Ian Livingstone's combined wealth was estimated at £6.3 billion. Reports from April 2025 indicate that they moved to Monaco, motivated by tax considerations.