Anthony Paul Bamford, Baron Bamford, DL is a British businessman, chairman of JCB. He succeeded his father, Joseph Cyril Bamford, as chairman and managing director of JCB in 1975, at the age of 30. He was knighted in 1990 at the age of 45. His wealth was estimated at £4.7 billion as of May 2020.
Bamford has been outspoken on the need for the Government to champion manufacturing in the UK and commissioned a report in 2012 on the subject which was sent directly to David Cameron. He was elevated to the House of Lords in August 2013. Bamford expressed an interest in purchasing Jaguar Cars in August 2006, but backed out when he was told the sale would also involve Land Rover, which he did not wish to buy. Bamford is married to Carole, Lady Bamford, OBE. Outside of business, Bamford is a well-known collector of early vintage Ferraris, and is the only individual to own two Ferrari 250 GTOs. He was also once the owner of a 1954 Mercedes-Benz W196 grand prix car raced by the five-time world championJuan Manuel Fangio of Argentina. In 1974, he sued the then MP Jeffrey Archer for bankruptcy after Archer failed to repay a £172,000 loan. Archer had lost the money in a fraudulent share scam. Archer later repaid the money from his earnings as a novelist and Bamford subsequently withdrew the bankruptcy notice.
Politics
Bamford is a major donor to the Conservative Party and donated £1m before the 2010 General Election. Altogether, Bamford has donated more than £4m personally and through JCB companies. Prime Minister David Cameron recommended Bamford for a peerage in 2010. However, Bamford withdrew his name from consideration days before the members were announced. On 3 October 2013 he was created a life peer taking the title Baron Bamford, of Daylesford in the County of Gloucestershire and of Wootton in the County of Staffordshire. In June 2016, Bamford wrote a letter in support of voting to leave the European Union to his employees. JCB has donated £100,000 to the Vote Leave campaign. In 2000, JCB was fined £22m by the EU for antitrust breaches. Bamford is also close to Tony Blair and Prince Charles. During the 2019 United Kingdom general election campaign Bamford donated £3,935,984 to the Conservative Party.
Personal life
Bamford owns mansions in several countries. Although he was linked to offshore tax havens in the Panama papers through sole ownership of Casper Ltd., his spokesman said the company was inactive for its entire existence before being dissolved in 2012.
