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Friday, August 18, 2017 5:05:15 PM
In 1993, at the age of 25, Mr Smith set up the international financial services business Belgravia.
It made its debut on the Nasdaq Junior Boards with a market capitalisation of $40m, and by 2006 had 23 worldwide offices and $2.2 billion under management. But the same year, at the age of 38, Mr Smith decided to go out on a high, and resigned.
“When people used to ask me ‘where do you live?’, I’d say ‘seat 1A’ because I spent an awful lot of time on planes. It’s a tough gig to do for a long time. I’d employed 325 people and had built the business to a point where I needed to replace myself. As it happens we were bought out by another institution, which left me in a nice position.”
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