Tina Green Wiki
Tina Green Bio
|Christina “Tina” Green, Lady Green was born in 1949. She is an English Billionaire businesswoman, who is based in Monaco, France.|
|Tina Green Personal details|
|Tina Green Age||England|
|Tina Green Residence||Monaco|
|Tina Green Occupation||Businesswoman|
|Tina Green Net worth||£5 Billion (2016)|
|Tina Green Title||Lady Green|
|Tina Green Spouse(s)||Robert Palos (divorced)
Sir Philip Green
|Tina Green Children||With Robert Palos:
With Sir Philip Green:
Tina Green Early life and career
Tina Green was born in England to a father who “worked in the wine trade”, and traveled widely when young.
She is married to British retail businessman Sir Philip Green, her second husband, Tina Green owns all of the family shares in Jersey-registered Taveta Investments. As a result, she has been referred to as the wealthiest and second-wealthiest woman in the UK.
Tina Green Ex-Husband (Robert Palos ) and Children
Tina Green has been married twice. Her first husband was, Robert “Bobby” Palos, a South African jazz drummer, whom she met in Hong Kong when she was 17 and he was 31. They married a year later. He subsequently became a retailer, and the marriage ended in divorce. They had two children: artist and author Stasha Palos, and businessman Brett Palos.
Tina Green Husband (Sir Philip Green) and Children
She is currently married to Sir Philip Green. They have two children: Chloe Green, who released her own line of designer shoes under the Topshop brand in 2012, and Brandon Green.
Her husband, Sir Philip Green on 26th October 2018 was named in Parliament as the businessman at the centre of Britain’s #MeToo scandal. He was identified by Lord Hain, the former Leader of the House of Commons, after two days of speculation over the name of the man behind the injunction.
The former Labour cabinet minister said that he had been contacted by someone “intimately involved in the case” and felt a “duty” to reveal the name using parliamentary privilege.
Following Lord Hain’s comments, there were calls for the billionaire to be stripped of his Knighthood and for a crackdown on the use of non-disclosure agreements by “serial offenders”.
Tina Green Taveta Investments
Via Jersey-registered Taveta Investments and its subsidiaries, Green owns 2,300 shops in the United Kingdom. Taveta’s assets include:
- 92% of Arcadia Group, parent of Topshop, Burton and Dorothy Perkins.
- Sears ‘Shoe Express’ chain.
- 53% owner of Owen Owen Holdings.
- In September 1999, Green became a shareholder in the parent of Mark One.
- A £23m-plus shareholding in Marks & Spencer during an attempt to purchase the company at the beginning of 2000.
As a result, Taveta (and hence Green) controls 12% of the UK clothing retail market, making Taveta the second-largest operator in the sector. The leader, Marks & Spencer, has been the target of three unsuccessful takeover bids from Taveta.
Tina Green Criticism
Green’s wealth stems from her relationship with her second husband, British retail magnate Sir Philip Green. The arrangement between the married couple (with working-week London resident Sir Philip as the CEO or Chairman of all companies, while Tina Green remains the sole shareholder via Jersey-based Taveta Investments, but resident in Monaco) means that the couple minimise their UK taxation liability.
Sir Philip has thus become the target of activist group UK Uncut. In November 2010 The group targeted Sir Philip specifically as a UK Government advisor. He became the focus of anger over the programme of government cuts that campaigners said could be avoided if tax dodging was stamped out, bringing in some £25bn a year to the public purse and reducing the national debt.
On 4 December 2010, campaigners staged a sit-in at Arcadia’s flagship London Topshop store in Oxford Street. In Brighton, a few campaigners glued themselves to the branch’s windows. Other high streets in towns and cities across Britain saw similar protests in a day of action against the tax arrangements of rich individuals and big businesses.
Since Taveta Investments is owned by Tina Green, who resides in Monaco, protestors claim that the couple avoids paying £285 million in UK personal income tax, that would be payable if a UK resident owned the company. In November 2005, Sir Philip approved a dividend payout that benefitted his family via Taveta/Tina Green by £1.2bn, paid for by a loan taken out by Arcadia, cutting Arcadia’s corporation tax as interest charges on the loan were offset against profits. The payout was the biggest annual dividend payout to an individual by a British company.