Tim Steiner

Tim Steiner (born 9 December 1969) is a British businessman who is the co-founder and chief executive (CEO) of Ocado, the FTSE 100 online grocery and technology business. As of May 2023, Ocado had a market capitalisation of nearly £3 billion. The 2020 Sunday Times Rich List estimates that Steiner is worth £403 million.

Early life Tim Steiner was born on 9 December 1969. He was educated at Haberdashers' Boys’ School in Elstree, Hertfordshire. He read Economics at the University of Manchester.

Career In 1992, Steiner joined Goldman Sachs as a bond trader. He worked for them for eight years in London, New York and Hong Kong before leaving to co-found Ocado in 2000 with Jonathan Faiman and Jason Gissing.

Following the lock down due to the outbreak of COVID-19 in the UK in March 2020, Ocado recorded 40 percent revenue growth in April and May compared to the same period last year.

Steiner donated £50,000 to the Conservative Party during the 2019 United Kingdom general election.

Personal life Steiner was brought up in North London. He has four children with ex-wife Belinda. The couple were divorced in 2016.