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Brexit-Backing Billionaire Gains $300 Million After Johnson Win

From bnnbloomberg.ca

Peter Hargreaves, one of Brexit’s biggest supporters, has plenty to celebrate. The Conservative Party’s victory didn’t just make Britain’s departure from the European Union certain. It also provided a $300 million boost to his fortune on Friday as investors welcomed the result. The Lancashire-born billionaire owns about a third of Hargreaves Lansdown Plc, whose shares rose 4.1% as of 12:40 p.m. in London, boosting the value of his stake to $4.1 billion and his overall fortune to $4.6 billion. “I’m very relieved,” Hargreaves said, while blaming the Labour Party’s disappointing showing on Jeremy Corbyn’s lack of ... (full story)

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