Spotlight On... Algy Cluff; Chairman, Cluff Gold
Algy Cluff. Who's he?
John Gordon Cluff, the dapper six-and-a-half footer known as "Algy", is one of the City's best-known veteran (for which read "septuagenarian") entrepreneurs, raconteurs and all round jolly good eggs.
High praise. Best known for?
Depends on your interests. Those of a Tory bent remember his ownership of The Spectator magazine. He bought it from his chum Henry Keswick in the 1980s before selling it on to the Telegraph group. Business types know him best for making a fortune in oil and mining. Something of a swashbuckler, by any definition.
Swashbuckler, eh? Why so?
Eschewing university, he had a stint in the Guards and the SAS, wrote dispatches for The Guardian in Vietnam, then worked in the plantation business in Malaysia. That earned him the cash to get into the oil game. He discovered the Buchan field in the North Sea in the 1970s, later selling his business to BP. More recently, he's set up three mining and resources companies, including Cluff Gold in 2003.
Why is he making the news now?
He's decided to step down as the chairman of Cluff Gold, which explores in West Africa and operates a mine in Burkina Faso.
So he's finally hanging up his boots, then?
Far from it. He's actually leaving to set up his fifth, as yet unnamed, venture.
Returning to the North Sea oil world. As he said yesterday: "My headmaster always said all the best things end up in the same place and I never knew what he meant. But I think I do now, since I find myself inclined to go back to the North Sea."
Sounds like he had a wise headmaster...
That's what you pay those high fees for at Stowe public school. Not that Cluff was inclined to stay in education any longer than he had to. As he once said: "If I'd gone to university it would have killed my restless spirit and without that the entrepreneur is nothing."
- 1 Five-year-old Iris Grace is raising awareness of autism through her extraordinary paintings
- 3 The Simpsons death: Creator Al Jean would 'kill himself' before character like Homer or Lisa
- 4 British man raped while urinating in bushes at Oktoberfest beer festival in Germany
- 5 A teacher speaks out: 'I'm effectively being forced out of a career that I wanted to love'
Five-year-old Iris Grace is raising awareness of autism through her extraordinary paintings
Car tax disc changes: Two days to go - and they affect you much more than just not displaying a piece of paper
Isis an hour away from Baghdad - with no sign of Iraq army being able to make a successful counter-attack
British man raped while urinating in bushes at Oktoberfest beer festival in Germany
George Clooney and Amal Alamuddin wedding: The famous congratulate actor and human rights lawyer after Venice nuptials
Isis, we are told, is a 'clear and dangerous threat to our way of life'. I’m sorry, but I just don’t buy it
Exclusive: 'Putin's Russia has been my biggest regret,' says Nato's outgoing Secretary General
'Women, walk wherever you want' posters taken down in Stamford Hill following 'unacceptable' signs separating men and women
There’s no excuse for Dave Lee Travis’s behaviour, but we need to keep a sense of proportion
Mark Reckless becomes second Tory MP to defect to Ukip in a month
Should gay sex be illegal? 16% of Britons think so
- < Previous
- Next >
£28, 700: Whiskey Whiskey Tango: Property Management Company is seeking a brig...
£80 - 100k + Bonus: Guru Careers: A COO / Chief Operating Officer is needed to...
£40000 - £45000 per annum: Ashdown Group: HR Manager / Training Manager (L&D /...
£40000 - £45000 per annum + Benefits: Ashdown Group: HR Manager - Edgware, Lon...