Bruce Craig


Bruce Craig is a businessperson, entrepreneur and owner of Bath Rugby club.
As of 2017, Craig has a net worth of £300 million, according to The Sunday Times Rich List.

Early life

Born in Bristol, Craig's father John Craig an English businessman worked for British American Tobacco.
Craig studied at St Brendan's College a Grammar School where he captained the 1st XV of the school's rugby team. He was chosen to represent the south of England at 18 but missed the U19 final England schools rugby trial due to a fractured leg.
Craig then studied Sport and Business management at Loughborough University achieving a Bachelor of Science degree.
Between 1987 and 1993, Craig played rugby for French team Racing Club de France.

Career

In 1997, Marken, a logistics business, was acquired for £2.5m by Ocean Group. In 1999 Craig was appointed CEO of the Company, and from that point Craig led a number of successful management buyouts over a period of 10 years. The first transaction in 2003 saw 3I venture capital enter into the shareholding of Marken for a price of £210m. 3i then exited the business for £420m after 2 years making £100m profit from the transaction. In 2005, Craig led a secondary management buyout of what had become a Pharmaceutical support services Company with the backing of Intermediate Capital Group. Craig and the management now owned a significant majority stake in the new business.
In 2009, the company was bought by Apax Partners for £975 million (the first major private equity transaction in the world after the collapse of Lehman Brothers and the financial crash of 2008. Craig continued to hold a minority stake. Craig stood back from the business as non-executive Chairman to concentrate on other activities.

Bath Rugby

In 2010, Craig acquired 100% of Bath Rugby and moved the club's administrative headquarters into Farleigh House, where the new training facilities were situated.
Craig also announced plans to build a new 18,000-capacity stadium for the club.

Private life

He is married with two sons and has a homes in Bath and Aix en Provence in the South of France. He has a private jet.