Terry Ramsden

Terry Ramsden (born 1952) is an English investor and gambler from Enfield who focused on horse betting and the Japanese stock market.

Early life Ramsden was raised in Enfield as the son of a GPO Telephones engineer. He began working as an insurance clerk and realized being employed by another would never lead to the wealth he was seeking. In 1971 at the age of 19 he was self-employed and earned £25,000 his first month.

Career Ramsden earned his initial money through lower stakes gambling on horse races. In 1984 he purchased Glen International, an Edinburgh-based company. He focused the company on horse betting. In the first year he had a small annual turnover of £18,000, three years later that figure grew to £3.5 billion. He became United Kingdom's 57th richest man. His alleged peak net worth was approximately £150 million.

Between 1984 and 1987 his knowledge of horse racing and the Japanese market made him a fortune. By 1986 he was worth over £100 million. He owned several houses including one in Los Angeles, and over 100 horses. He started a record company called Influx records. He kept band manager Tam Kenny ( Balloch) who previously both worked with A Flock of Seagulls, and worked with Karen Rix (Hungry Waters). Karen Rix was dating Brian Robertson ‘Robbo’ (Thin Lizzy and Motorhead); they have one son together, Logan Robertson (born 4.3.91) That same year Ramsden placed a £500,000 wager on his own horse, Mr. Snugfit, in the Grand National. Mr. Snugfit came in 4th, resulting in a £1 million profit for Ramsden.

Personal life Ramsden has been known for sporting a mullet. He lived a glamorous lifestyle owning multiple cars, houses, racehorses and at one time 30% of Chelsea F.C. and all of Walsall F.C. He has a son, Jake, and ex-wife, Lisa.