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About

Alan Michael Sugar, Baron Sugar, is a British businessman, media personality, and political advisor. He's best known for founding the consumer electronics company Amstrad in the 1960s. He is also known for his role as the host of the UK version of the reality television show *The Apprentice*, where contestants compete for a job with him.

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Career Timeline

1968D$0.1M

Founds Amstrad Electronics Company

Alan Sugar starts Amstrad, initially selling electronics wholesale and then shifting to manufacturing.

1980C$10M+$9.9M

Enters Home Computer Market

Amstrad enters the home computer market with the Amstrad CPC series, achieving significant success.

1985B$100M+$90M

Amstrad Floats on Stock Exchange

Amstrad goes public, making Sugar a multi-millionaire.

1990B$200M+$100M

Expansion and Diversification

Amstrad diversifies into other consumer electronics and faces increasing competition.

2005A$800M+$600M

Hosts The Apprentice UK

Sugar becomes the face of 'The Apprentice', boosting his public profile and business ventures.

2009A$1B+$200M

Becomes Lord Sugar

Sugar is made a life peer, taking the title Baron Sugar, reflecting his contributions to business and enterprise.

2026A$1.4B+$400M

Business magnate, television personality

Continues hosting 'The Apprentice' and investing in businesses, remaining a prominent figure in British business and media.

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Last updated: February 24, 2026