James Sherwood
Encyclopedia
James B. Sherwood is an American
-born, British
-based business
man.
, Kentucky
and earned a degree in economics
from Yale University
. Sherwood learned about shipping first in the U.S. Navy, spending three years as a cargo officer, and then working for U.S. Lines and CTI for six years.
based, New York Stock Exchange
listed, London
headquartered shipping company Sea Containers Ltd
with initial capital of $100,000. Over forty years Sherwood expanded Sea Containers from a supplier of leased cargo containers, into various shipping companies, as well as expanding the company into luxury hotels and railway trains, including the Venice-Simplon Orient Express
and the Great North Eastern Railway
franchise from London
to Edinburgh
.
Although valued with a net worth of £60million in the 2004 Sunday Times Rich List
, as Sea Containers hit financial troubles, he resigned from each of his companies in 2006.
United States
The United States of America is a federal constitutional republic comprising fifty states and a federal district...
-born, British
Great Britain
Great Britain or Britain is an island situated to the northwest of Continental Europe. It is the ninth largest island in the world, and the largest European island, as well as the largest of the British Isles...
-based business
Business
A business is an organization engaged in the trade of goods, services, or both to consumers. Businesses are predominant in capitalist economies, where most of them are privately owned and administered to earn profit to increase the wealth of their owners. Businesses may also be not-for-profit...
man.
Early life
Sherwood grew up in LexingtonLexington, Kentucky
Lexington is the second-largest city in Kentucky and the 63rd largest in the US. Known as the "Thoroughbred City" and the "Horse Capital of the World", it is located in the heart of Kentucky's Bluegrass region...
, Kentucky
Kentucky
The Commonwealth of Kentucky is a state located in the East Central United States of America. As classified by the United States Census Bureau, Kentucky is a Southern state, more specifically in the East South Central region. Kentucky is one of four U.S. states constituted as a commonwealth...
and earned a degree in economics
Economics
Economics is the social science that analyzes the production, distribution, and consumption of goods and services. The term economics comes from the Ancient Greek from + , hence "rules of the house"...
from Yale University
Yale University
Yale University is a private, Ivy League university located in New Haven, Connecticut, United States. Founded in 1701 in the Colony of Connecticut, the university is the third-oldest institution of higher education in the United States...
. Sherwood learned about shipping first in the U.S. Navy, spending three years as a cargo officer, and then working for U.S. Lines and CTI for six years.
Business career
In 1965, Sherwood founded BermudaBermuda
Bermuda is a British overseas territory in the North Atlantic Ocean. Located off the east coast of the United States, its nearest landmass is Cape Hatteras, North Carolina, about to the west-northwest. It is about south of Halifax, Nova Scotia, Canada, and northeast of Miami, Florida...
based, New York Stock Exchange
New York Stock Exchange
The New York Stock Exchange is a stock exchange located at 11 Wall Street in Lower Manhattan, New York City, USA. It is by far the world's largest stock exchange by market capitalization of its listed companies at 13.39 trillion as of Dec 2010...
listed, London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
headquartered shipping company Sea Containers Ltd
Sea Containers Ltd
Sea Containers Ltd. is a Bermuda-registered company which operates two main business areas: transport and container leasing.In March 2006 the company sold its share of Orient-Express Hotels...
with initial capital of $100,000. Over forty years Sherwood expanded Sea Containers from a supplier of leased cargo containers, into various shipping companies, as well as expanding the company into luxury hotels and railway trains, including the Venice-Simplon Orient Express
Venice-Simplon Orient Express
The Venice Simplon-Orient-Express is a private luxury train service that travels from London to Venice that is popularly referred to as the Orient Express....
and the Great North Eastern Railway
Great North Eastern Railway
Great North Eastern Railway was a British train operating company, owned by Sea Containers Ltd. It operated high-speed express train services on the East Coast Main Line from 1996 until 9 December 2007 when the franchise was taken over by National Express East Coast.GNER's primary service routes...
franchise from London
London
London is the capital city of :England and the :United Kingdom, the largest metropolitan area in the United Kingdom, and the largest urban zone in the European Union by most measures. Located on the River Thames, London has been a major settlement for two millennia, its history going back to its...
to Edinburgh
Edinburgh
Edinburgh is the capital city of Scotland, the second largest city in Scotland, and the eighth most populous in the United Kingdom. The City of Edinburgh Council governs one of Scotland's 32 local government council areas. The council area includes urban Edinburgh and a rural area...
.
Although valued with a net worth of £60million in the 2004 Sunday Times Rich List
Sunday Times Rich List
The Sunday Times Rich List is a list of the 1,000 wealthiest people or families in the United Kingdom, updated annually in April and published as a magazine supplement by British national Sunday newspaper The Sunday Times since 1989...
, as Sea Containers hit financial troubles, he resigned from each of his companies in 2006.
External links
- Portrait Sculpture of James Sherwood by John W Mills