Tim Waterstone


Sir Tim Waterstone is a British businessman and author. He is the founder of Waterstone's, the United Kingdom-based bookselling retail chain, the largest in Europe.

Early life

Tim Waterstone was born on 30 May 1939 in Glasgow, Scotland. He grew up in Crowborough, East Sussex, England. He was educated at Tonbridge School and St Catharine's College, Cambridge, where he read English.

Career

Waterstone worked for a broking firm in Calcutta, India. Upon his return to England he worked as a marketing manager for Allied Breweries, 1964–73 and then W.H. Smith, 1973–81.
Waterstone founded the bookselling chain Waterstone's in 1982, after he took a £6,000 redundancy payment from W.H. Smith. He set up his first shop in Old Brompton Road, Kensington, west London; his personal model of literary bookselling proved successful and ten years later, in 1992, Waterstone's had grown to be the largest bookselling group in Europe. He became the founder chairman of HMV Media Group in 1998, which merged the businesses of Waterstone's and HMV. He left the group in 2001.
Waterstone chaired the DTI Working Group on Smaller Quoted Companies and Private Investors in 1999. He was a founder investor in Bookberry, a Moscow booksellers modelled on Waterstone's. He became the chairman of Read Petite, an e-book company, in 2013.
Waterstone has published four novels: Lilley & Chase, An Imperfect Marriage, A Passage of Lives and In For A Penny In For A Pound. He has also published a semi-autobiographical business book, Swimming Against The Stream and many articles in the arts and business media. His memoir, The Face Pressed Against A Window, was published by Atlantic Books in February 2019.

Philanthropy and political activity

Waterstone was a chairman or board member of English International, the London Philharmonic Orchestra, Portman House Trust, the Academy of Ancient Music, Virago Press, Jazz FM, the London International Festival of Theatre, the Elgar Foundation, the British Library, King's College London Library, Yale University Press, Chelsea Stores, FutureStart, Virago Press, Hill Samuel UK Emerging Companies Investment Trust plc and Downing Classic VCT.
He has sat on the Booker Prize Management Committee, and acted as the Chairman of Judges for the Prince's Youth Business Trust Awards. He served as a member of the visiting committee of Cambridge University Library. He chaired Shelter's 25th Anniversary Appeal. He served as Chancellor of Edinburgh Napier University.
Waterstone supports the Labour Party. He was opposed to the Iraq War and took part in demonstrations against it.

Personal life

Waterstone is twice divorced. He is married to the TV and film producer and novelist Rosie Alison. They have eight children, one of them being actress Daisy Waterstone. He resides in Holland Park, London.
Waterstone is a member of the Garrick Club. He was knighted in the 2018 Birthday Honours for services to bookselling and to charity.