David Murray

Scottish multi-millionaire entrepreneur, businessman and former owner and chairman of Glasgow Rangers Football Club. Murray had formed the company Murray International Metals Limited by the age of 23. The company grew to include steel distribution, mining and property development. In 2008 his estimated wealth was valued at £720 million. Due to the economic recession his personal fortune was estimated to have dropped by 78% in 2009. Murray is perhaps best known for his ownership of Scottish football club Rangers F.C. which he purchased for £6 million in 1988. While owner, the club won 15 League Championships and 26 Cups. However after an initial spectacular period, the club ran into financial problems as a result of over-spending: Murray stepped down as chairman in 2009 and on 6 May 2011 it was confirmed that Murray had sold his controlling interest in the club (85.3 percent) for £1, subject to full repayment of the existing debts. Murray's achievements in business have come in spite of the personal tragedy of the loss of both legs in 1976, following a serious car crash after a Rugby match. Murray became a longstanding supporter of amputees, reflected in his establishment of the Murray Foundation in 1996. Murray was knighted in the 2007 New Year's Honours List Link to Wikipedia