Dave King (businessman)
Encyclopedia
David Cunningham "Dave" King (born 1955 in Castlemilk
, Glasgow
) is a South Africa
based businessman and currently a director at Rangers
.
area of Glasgow.
On 14 June 2002 BBC News
reported that King faced eleven counts of fraud when he appeared at the Regional Court in Randburg, near Johannesburg. He was alleged to owe the South African revenue service almost £60m.
n golfer Gary Player
and caddied for him at the 2000 US Masters
in Augusta
.
Castlemilk
Castlemilk is a district of Glasgow, Scotland. It lies to the south of the city adjacent to Rutherglen, Croftfoot, Simshill and the separate village of Carmunnock...
, Glasgow
Glasgow
Glasgow is the largest city in Scotland and third most populous in the United Kingdom. The city is situated on the River Clyde in the country's west central lowlands...
) is a South Africa
South Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
based businessman and currently a director at Rangers
Rangers F.C.
Rangers Football Club are an association football club based in Glasgow, Scotland, who play in the Scottish Premier League. The club are nicknamed the Gers, Teddy Bears and the Light Blues, and the fans are known to each other as bluenoses...
.
Early life
King, one of seven children, was born and brought up in the CastlemilkCastlemilk
Castlemilk is a district of Glasgow, Scotland. It lies to the south of the city adjacent to Rutherglen, Croftfoot, Simshill and the separate village of Carmunnock...
area of Glasgow.
Business career
King arrived in South Africa in 1976 after being transferred by his employers Weir Group. His meteoric rise through the ranks in the country has seen him rack up an astonishing personal fortune estimated between £200-300m. He was an adviser for the Post Office and the Reserve Bank in his early stages before stepping up with a management company that won a contract to manage the treasury operations of Umgeni Water.On 14 June 2002 BBC News
BBC News
BBC News is the department of the British Broadcasting Corporation responsible for the gathering and broadcasting of news and current affairs. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online...
reported that King faced eleven counts of fraud when he appeared at the Regional Court in Randburg, near Johannesburg. He was alleged to owe the South African revenue service almost £60m.
Rangers
King joined Rangers Board of Director's as a non-executive director on 30 March 2000. He then invested £20 million of his own fortune into the club.Personal life
King is close friends with South AfricaSouth Africa
The Republic of South Africa is a country in southern Africa. Located at the southern tip of Africa, it is divided into nine provinces, with of coastline on the Atlantic and Indian oceans...
n golfer Gary Player
Gary Player
Gary Player DMS; OIG is a South African professional golfer. With his nine major championship victories, he is widely regarded as one of the greatest players in the history of golf. He was inducted into the World Golf Hall of Fame in 1974. Player has won 165 tournaments on six continents over six...
and caddied for him at the 2000 US Masters
2000 Masters Tournament
The 2000 Masters Tournament was the 64th Masters Tournament held from April 6-9 at Augusta National Golf Club. Vijay Singh won his second major championship and first Masters by three strokes over Ernie Els.-First round:-Second round:...
in Augusta
Augusta National Golf Club
Augusta National Golf Club, located in Augusta, Georgia, is a famous men's golf club. Founded by Bobby Jones and Clifford Roberts and designed by Alister MacKenzie on the site of a former indigo plantation, the club opened for play in January 1933. Since 1934, it has played host to the annual...
.