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Death of Money Portal chairman Richard Hambro

Money Portal non-executive director Richard Hambro died on Saturday, April 25.

Hambro, who was 62, had been at Money Portal since its launch in 2001 and was chairman until February when he became non-executive director due to his illness.

He was also chairman of JO Hambro Investment Management, which he co-founded in 1986 after spells as a director of Hambros Bank, the family’s merchant bank which it sold to Société Générale in 1998, and as president of Hambro America. JOHIM was sold to Credit Suisse in 2001. The Hambro family appeared in this year’s Sunday Times Rich List with combined wealth of £100m.

Hambro was also a director of Mercantile Investment Trust and held other prominent roles, including chairman of Colon Cancer Concern, the Joint British Cancer Charities and the South African Business Initiative. He was also deputy president of Macmillan Cancer Relief and a governor of The London Clinic.

A spokesman for Money Portal says: “Richard was a wonderful man and has been with the company since its inception. He has made a significant contribution to the firm and will be sorely missed.”

JOHIM chief executive officer Andrew Steel says: “Richard’s bravery and fortitude during his long fight against cancer was an inspiration to many of us and he will be hugely missed by us all. Our thoughts at this difficult time are with his wife Mary and the rest of his family.”

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