James Sherwood
American businessman
From Wikipedia, the free encyclopedia
James Blair Sherwood (August 8, 1933 – May 18, 2020) was an American-born, British-based businessman, and the founder of Belmond Limited and Sea Containers.
August 8, 1933
James Sherwood | |
|---|---|
| Born | James Blair Sherwood August 8, 1933 |
| Died | May 18, 2020 (aged 86) London, England |
| Education | Yale University |
| Known for | Founder, Sea Containers |
| Spouse | |
| Children | 2 sons (adopted) |
Early life
James Blair Sherwood was born in Newcastle, Pennsylvania,[1] the son of William Sherwood, a patent attorney, and Florence.[2] He grew up in Lexington, Kentucky, and earned a degree in economics from Yale University.[3] Sherwood learned about shipping first in the United States Navy, spending three years as a cargo officer, and then working for United States Lines and CTI for six years.
Business career
In 1965, Sherwood founded Bermuda-based, New York Stock Exchange listed, London-headquartered shipping company Sea Containers with initial capital of $100,000.[4] Over forty years Sherwood expanded Sea Containers from a supplier of leased cargo containers, into various shipping companies, as well as expanding the company into luxury hotels and railway trains, including the Venice-Simplon Orient Express[5] and Great North Eastern Railway that operated the InterCity East Coast franchise.[6]
Although valued with a net worth of £60million in the 2004 Sunday Times Rich List,[7] as Sea Containers hit financial troubles, he resigned as Co-Chief Executive Officer from each of his companies in 2006.[8] He continued as a Director of Orient Express Hotels Ltd until retiring on 9 June 2011. He was later designated as Founder and Chairman Emeritus.[9]