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Ellis Short (born October 6, 1960, in Independence, Missouri)[1] is a Dallas-based American businessman, multi-billionaire, and president of Lone Star Funds[2] based in Texas.

Contents

[edit] Biography

Born in Independence, Missouri, Short is of Irish descent, and grew up in Missouri.

[edit] Lone Star Funds

Short began his career at General Electric, before teaming up with business partner John Grayken at Lone Star Funds, a private equity firm based in Dallas, Texas. Short was the senior executive who ran the Asian operations.

In 2003, Short masterminded the takeover of the South Korean Korea Exchange Bank. This subsequently resulted in him being subject of an arrest warrant, which was later dropped. He subsequently retired from Lone Star, but remains President.

[edit] Skibo Castle

In 2003, Short bought Skibo Castle for £23 million, which operates as a members-only hotel and country club in Scotland. The castle is famous for hosting Madonna's wedding to Guy Ritchie in 2000. In 2007, Mrs Short allegedly threatened to shoot a retired couple’s dogs because they were walking across the Skibo Castle Estate.[3] Scots law has historically not recognised the concept of trespass on open land; in 2003, these historic access rights were officially codified.

[edit] Sunderland A.F.C.

In September, 2008, Short bought a 30% stake in the English Premier League football team Sunderland A.F.C., becoming the majority shareholder at that club with the Irish Drumaville Consortium.[4]

On 22 December 2008 The Daily Telegraph reported that Short was poised to become the new owner of Sunderland, ready to complete a deal with the eight-man Drumaville Consortium for their remaining shares in the club.

Short's purchase of the club made Sunderland the fourth in the Premiership to have American owners, alongside Aston Villa, Manchester United and Liverpool. It was revealed on 21 February 2009 that his controlling interest in Sunderland played a role in the departure of Roy Keane from the club.[5] On the 27th May 2009 Ellis assumed 100% control of the club. [6]

[edit] Personal life

He is an intensely private person who rarely speaks to media or grants interviews.

[edit] References





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