Sunday 12 June 2011

Pears family comes out of the property shadows - Telegraph

Pears family comes out of the property shadows - Telegraph

In spite of controlling a £6bn property empire centred on London and the South East, Pears has managed to keep itself under the radar for the best part of the last 60 years.

Until now. Mark Pears, the 48 year-old coming patriarch of the family, wants to talk – but on his terms. He won't have his picture taken – or even furnish The Sunday Telegraph with a picture of himself.

He won't discuss the family's wealth – estimated by to be £1.6bn. He won't even confirm which of the company's complex labyrinth of operating and investment companies – Companies House lists him as being a director of 212 separate entities – is its main holding company, or how much profit the group makes.

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