Sale by Peter Hargreaves, a self-made billionaire and divisive figure, amounts to a sixth of his holding
Peter Hargreaves, the self-made billionaire who co-founded Hargreaves Lansdown, is cashing in a £300m stake in the FTSE 100 investment firm he co-founded.
The company confirmed that Hargreaves, who started the broker with Stephen Lansdown from a spare bedroom in Bristol in 1981, was selling £300m of shares via a placing with institutional investors.
