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Having left school in Hackney aged 16, Lord Alan Sugar started selling electric goods out of a van he bought for ┬г50. In 1968, he founded Amstrad and now, over 50 years later, he has an estimated worth of over ┬г1 billion.
A former Chairman of Tottenham Hotspur FC, Lord Alan Sugar sold his Amstrad empire to Sky in July 2007.
His other companies include Amscreen, the UKтАЩs largest digital media owner and property investment firm Amsprop. Until 2014 he was chairman of Viglen, a manufacturer specialising in computers, networks and solutions.
In 2000, he was knighted for his services to business and he holds two honorary Doctorate of Science degrees, awarded by City University and Brunel University respectively.
Having previously sat on the Business Council for Britain and fronted a campaign promoting the benefits of apprenticeships, Lord Sugar was named as the governmentтАЩs Enterprise Champion in 2009 and appointed to the House of Lords as Baron Sugar of Clapton in the London Borough of Hackney.
Lord Alan Sugar has also appeared in all fourteen series of BBC OneтАЩs The Apprentice, where aspiring young businessmen and women compete for the chance to work with him.
Lord Sugar is a philanthropist for a number of charities including Great Ormond Street Hospital and Jewish Care.
