Great Business Stories

← Great Business Stories19 aug · 33 min

The Rise and Ruin of the Barclay Twins

The Rise and Ruin of the Barclay Twins19 aug33 min

<p>This is the remarkable story of how David and Frederick Barclay went from painters and decorators to owning the most prestigious hotels in London: the Ritz, Claridge&#39;s, the Connaught, the Berkeley. </p><p>They bought the Telegraph Newspaper Group, they bought an island and built a £100 million castle on it, their fortune was estimated to be £7 billion pounds as late as 2020. But these guys, man, they were secretive, underhand — these guys pulled some very sneaky shit. And then it all came crashing down when the twins turned on each other, culminating in the Ritz Hotel bugging scandal. This is a sensational and cracking story — enjoy.</p><p><br></p>