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Roddie Fleming

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Roddie Fleming
Born
Roderick John Fleming

1953 (age 70–71)
NationalityBritish
EducationEton
Oxford University
OccupationBanker
Spouse
Diana Wake
(m. 1979)
Children2
RelativesValentine Fleming (grandfather)
Ian Fleming (uncle)
Adam Fleming (brother)
Sarsgrove Wood, which forms part of the family estate, 2012
Sarsgrove Wood, which forms part of the family estate, 2012

Roderick John Fleming (born 1953) is a British merchant banker and private wealth manager, and the founder of Fleming Family & Partners.

Early life

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Roddie Fleming is the son of Major Richard Evelyn Fleming, and grandson of Valentine Fleming. Ian Fleming, author of the James Bond novels, was his uncle.[1] His older brother is the Adam Fleming. He was educated at Eton and Oxford University.[2] During his time at Oxford Fleming was a member of the Bullingdon club.[3]

Career

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A fourth-generation member of the family, he had been expected to become chairman of Robert Fleming & Co., an asset merchant bank and asset manager, in 2000, but the business was sold to Chase Manhattan Bank for £4.4 billion (then US$7.7 billion).[4] In July 2005, The Times wrote "The £4.4bn price tag seemed full at the time. It seems even more generous now".[5][4]

About 130 family members received over £1.3 billion for their 30% holding, and this money was largely invested through the privately owned family office Fleming Family & Partners (FF&P) which Fleming founded that year.[4][6] In 2007, he was its largest shareholder.[6]

In 2003, his net worth was estimated at £1.05 billion.[2] In 2008, the Sunday Times estimated his net worth at £1.9 billion.[7]

In 2012, "hard-hit" investments in mining and finance led Fleming to put up for sale two farms bordering his Sarsgrove estate near Chipping Norton, totalling 700 acres and valued in excess of £4 million.[8]

Personal life

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In 1979, Fleming married Diana Wake, daughter of Sir Hereward Wake, 14th Baronet.[2] They have twin daughters Hermione "Hum" and Chloe Fleming.[1][2]

The family home is the grade II* listed Dower House, Sarsgrove Wood, Churchill, Oxfordshire.[9][1][10]

References

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  1. ^ a b c Conway, Clare (6 March 2019). "Paradise lost: Hum Fleming has everything – apart from a memory". Tatler. Retrieved 11 May 2022.
  2. ^ a b c d Blackhurst, Chris (14 July 2003). "The City's richest". Evening Standard. Retrieved 11 May 2022.
  3. ^ Mutch , Jack Myers , Adam Lusher, Nick; Owen, Jonathan; Myers, Jack; Lusher, Adam (6 May 2015). "General Election 2015: Photographic history of Bullingdon Club tracked down - including new picture of David Cameron in his finery". www.independent.co.uk. Retrieved 4 May 2023.{{cite web}}: CS1 maint: multiple names: authors list (link)
  4. ^ a b c Lewis, Jane (21 December 2005). "Profile: The Flemings". Money Week. Retrieved 12 May 2022.
  5. ^ "Keeping it in the family pays off for the well connected". The Times. 2 July 2005. Retrieved 2 June 2022.
  6. ^ a b Sunderland, Ruth (7 January 2007). "The family with the golden touch". The Observer. Retrieved 11 May 2022.
  7. ^ "Roddie Fleming and family". The Sunday Times. 27 April 2008. Retrieved 11 May 2022.
  8. ^ Lea, Robert (13 April 2012). "Debts force top banker Roddie Fleming to sell farms". Evening Standard. Retrieved 11 May 2022.
  9. ^ Historic England. "The Dower House, Sarsgrove Wood (Grade I) (1200341)". National Heritage List for England. Retrieved 12 May 2022.
  10. ^ "The Farmers Bloodhounds End Of Season Charity Meet In Aid Of "Help For Heroes" March 15, 2015". Equestrian Life Magazine UK. 23 March 2015. Retrieved 12 May 2022.