‘Ethical capitalist’ Julian Richer – the founder of Richer Sounds – set up his first store at just 19 and earned millions of pounds from his hi-fi empire before having a change of heart and redistributing it to his employees.
Quite a few years ago Julian Richer was a Tory donor with a private jet, a couple of helicopters and several hundred million pounds to his name.
“Now he’s apolitical, uses his bus pass to get about, backs more than 400 charities and is on a mission to take on the bad bosses ruining the good name of business,” reported The Mirror in 2021.
He also handed workers bonuses worth up to £20,000 as he gave away fortune.
Julian Richer tweet
Now Filmmaker Peter Stefanovic shared an email he send to his staff.
“Wow. If only we had more entrepreneurs like@RicherSounds Julian Richer.
“He’s sent an email to 1.2 million customers saying this…
“I am just hoping that whoever runs the country has integrity, is good at balancing the books and has a genuine social conscience – someone who acknowledges the unfairness of growing inequality as well as the danger this poses to social cohesion and happiness. I would also love our leader/s to please sort the disgraceful state of housing for far too many non-homeowners, as well as the NHS’s and the criminal justice system’s problems while they are at it… And when I say ’sort’ I obviously mean ‘invest as necessary’, including paying the real living wage as a minimum to allow working people to live decently, and banning evil zero-hour contracts when imposed on workers against their will. And don’t get me started on the water monopolies…”
“Thank you for speaking out,” Peter said.
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Related: The amount of central London properties paid for with cash is truly staggering
