The Scotsman

Net gain: Murray among the top A-list investors

- By EMMA NEWLANDS newsdesk@scotsman.com

Sir Andy Murray has been included on a “Celebrity Investment­s Index”, alongside names such as Madonna, for his role as a multi-million-pound investor in the tech sector.

Sir Andy Murray has been included on a “Celebrity Investment­s Index” – alongside names such as Madonna, Ashton Kutcher and Leonardo Dicaprio – for his role as a multi-million-pound investor in the tech sector.

The Scottish tennis legend was found to have helped serve up an investment portfolio worth more than £11 mas part of the study of the business activities of 30 A-listers.

The list has been compiled by Money.co.uk, which sought to determine the high-profile stars that are the most prolific investors as well as their chosen sectors. In each case it has listed their net worth and the amount they have invested with their fellow backers. “Many are business-savvy, with an entreprene­urial mindset that has allowed them to amass even larger fortunes,” it added.

According to the Celebrity Investment­s Index, Sir Andy–who has made headlines for his work with crowdfundi­ng platform Seedrs – has a net worth of $100 million (£72m), and has helped invest about $15.7m. He is “fast becoming a big name in the start-up investment game, with multiple startup companies benefiting from his entreprene­urial skills so far ,” said Money.co.uk.

It noted that in 2018, he again invested in mortgage lender Landbay, a tech start-up that also has the backing of online estate agent Zoopla – and he also intends to back Investly, a fintech start-up that offers invoicing services for small businesses.

Also highlighte­d was his investment in more than 30 UK businesses via Seedrs. Money. co.uk said some of his investment­s in this regard include Beeline, a smart navigation device and mobile a pp for bikes; Dog Tracker Nano, a live tracking device with geofencing and alerts to keep your dog safe; and Blow Ltd, a London-focused “beauty on demand” service.

Actor Ashton Kutcher also features on the list, and has famously invested in the likes of Spotify, Airbnb, and Uber. According to the Celebrity Investment­s Index he has an estimated $3.1 billion invested along with his investment­partners, and he has co-founded two venture capital funds: A-grade Investment­s and Sound Ventures.

Broadcaste­r gary lineker was found to be worth $35m, and has invested £1m with fellow backers. In 2016, he put money in insurance start-up Neos, which aims to tap into theinterne­t-enabled gadgets in the home.

Fellow Celebrity Investment­s Index star madonna was found to be worth $850m and has helped invest $10m.s he has put $1.5m into coconut water firm Vita co co, for example, after she reportedly drank it everyday on tour.

Money.co.uk said many highprofil­e stars are taking chances on start-ups that they believe

in, helping to boost their growth in addition to the hopes of a good financial return.

That said, they are not immune from the fact that investment­s do not offer guaranteed success. Stephen Fry, who is worth $30m according tomoney.co.uk,wasaninves­tor in Pushnote, a web article comments tool that folded in 2012.

However, the actor, author and comedian is described as remaining a keen tech investor

 ??  ?? 0 The Scottish tennis star is ‘clearly happy to spread the wealth that he has accumulate­d over his sporting career’
0 The Scottish tennis star is ‘clearly happy to spread the wealth that he has accumulate­d over his sporting career’

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