Nicholas van Hoogstraten
British businessman
Nicholas van Hoogstraten
Nicholas van Hoogstraten is a British businessman and real estate magnate. van Hoogstraten is known for his business empire as well as his controversial life story: In 1968, he was convicted, and sent to prison, for paying a gang to attack a business associate. In 2002, he was sentenced to 10 years for the manslaughter of a business rival.
Biography
Nicholas van Hoogstraten's personal information overview.
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News
News abour Nicholas van Hoogstraten from around the web
Mpofu tightens grip on Hwange - Zimbabwe Independent
Google News - over 5 years
Norman Chibhanguza, Jemmister Chininga, Ian Haruperi, Nkosilathi Jiyane, Siphiwe Mapfuwa, Johnson Mawere, Lucas Nkomo, Valentine Vera and Mutamangira are the new board members after Mpofu and British tycoon Nicholas van Hoogstraten sacked the whole
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Afre set to dispose of RTG shares - Zimbabwe Independent
Google News - over 5 years
RTG majority shareholder Nicholas van Hoogstraten failed to push three of his appointees onto the RTG Board at a fiery AGM last month while Econet pushed through its directors. Shareholders refused all three motions proposed by van Hoogstraten by a 57
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Hwange crisis: Gratifying van Hoogstraten's rancour - The Financial Gazette
Google News - over 5 years
But for a stock whose fortunes were beginning to shine, it was unclear why majority shareholders, government and the floor-cursing Nicholas van Hoogstraten, wanted the Savanhu-led board out. After calling off the first AGM, the shareholders should have
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Hwange new board convenes - NewsDay
Google News - over 5 years
Shareholders did not pass the re-election of Thabani Ndlovu, Alpheus Ngapo, James Nqindi and Rosemary who were retiring and did not seek re-election. HCCL shareholders are the government with 37,1%, Nicholas Van Hoogstraten through his vehicle Messina
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Hwange firings still illegal despite court case: Chairman Savanhu - Bulawayo24 (press release) (blog)
Google News - over 5 years
Government, the largest shareholder in Hwange with 38 percent, had ordered to stop the contested AGM but Mr Nicholas van Hoogstraten, with 26 percent stake contended the meeting was lawful. Mr Savanhu says the notice was irregular and the meeting
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Bid to dispose of equity in RTG to recapitalise Afre . . . - The Financial Gazette
Google News - over 5 years
... an architect for most of its deals, wanted Afre to sell its RTG shares to government through the National Social Security Authority (NSSA) with which it aligned to block the appointment of board representatives to RTG by Nicholas van Hoogstraten,
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I'm in charge — Savanhu - NewsDay
Google News - over 5 years
Shareholders did not pass the re-election of Thabani Ndlovu, Alpheus Ngapo, James Nqindi and Rosemary who were retiring and did not seek re-election HCCL shareholders are the government with 37,1% Nicholas Van Hoogstraten, through his vehicle Messina
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Zimbabwe's Econet Wireless Charges Defamation by Independent Newspaper - Voice of America
Google News - over 5 years
Econet named Alpha Media Holdings, parent of the Independent, the marketing and distribution firm Munn Marketing, printer Strand Multiprint and the web site host Webdev as well as business mogul Nicholas van Hoogstraten, among others
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Afre offers govt RTG shares - The Financial Gazette
Google News - over 5 years
ECONET Wireless has snubbed major shareholder Nicholas van Hoogstraten in its latest share disposal in Rainbow Tourism Group (RTG) after the telecommunications group offered its RTG shares held by embattled Afre Corporation to government
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Econet running scared - NewsDay
Google News - over 5 years
Business tycoon Nicholas van Hoogstraten has described Econet Wireless' disposal of its Rainbow Tourism Group (RTG) shares as an attempt to limit potential damage in the event the company's shady deals are exposed. Van Hoogstraten last month threatened
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DBSA-Hwange $100m deal in limbo - NewsDay
Google News - over 5 years
The two major shareholders in HCC, the government and business tycoon Nicholas van Hoogstraten have resolved to fire the entire board, including its chairman Savanhu, as part of a restructuring exercise. In a statement accompanying the company's 2010
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Govt, van Hoogstraten crack whip at Hwange - The Zimbabwe Standard
Google News - over 5 years
BY OUR STAFF GOVERNMENT and British tycoon Nicholas van Hoogstraten have cracked the whip at Hwange Colliery Company Limited (HCCL) by firing nine board members in a major restructuring exercise at the coal miner. The move is expected to be confirmed
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Hwange board on firing line - Zimbabwe Independent
Google News - over 5 years
KEY shareholders in Hwange Colliery Ltd, including government and business tycoon Nicholas van Hoogstraten, have resolved to fire the entire board of the coal mining company for yet to be disclosed reasons, well placed sources have told businessdigest
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How NSSA thwarted tycoon van Hoogstraten's AGM plot - The Zimbabwe Standard
Google News - over 5 years
BY NDAMU SANDU BUSINESS magnate, Nicholas van Hoogstraten says he lost his bid for the control of Rainbow Tourism Group (RTG) on Wednesday after the National Social Security Authority (NSSA) was directed to vote against him. The businessman's bid to
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Van Hoog threatens to 'expose' Econet - NewsDay
Google News - over 5 years
A bruising battle is imminent in the capital after business tycoon Nicholas van Hoogstraten threatened to expose leading telecommunications company, Econet Wireless, as the fight to control Rainbow Tourism Group (RTG) escalates
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Timeline
Learn about memorable moments in the evolution of Nicholas van Hoogstraten
    LATE_ADULTHOOD
  • 2013
    Age 68
    Van Hoogstraten emigrated to Zimbabwe. By 2013, he owned over of land including Central Estates, owned mineral rights in the Marange diamond fields, as well as houses in Harare, all of which are patrolled and protected by state officers managed by the Joint Operations Command.
    More Details Hide Details He has businesses in Equatorial Guinea, and mines in the Democratic Republic of Congo.
  • 2009
    Age 64
    In 2009, it was reported he had been "a generous contributor to Mugabe's Zanu (PF) party and had bought into several large state-owned companies."
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  • 2008
    Age 63
    On 26 January 2008, he was arrested in Harare for allegedly demanding payment in US dollars for rents rather than in Zimbabwean dollars, which is forbidden under Zimbabwean law.
    More Details Hide Details He was charged with violating the Censorship Act by possessing pornography and held in custody for five nights but released on bail. On 3 July 2009, it was reported that a Zimbabwe court had dismissed the charges of illegal currency dealing and possession of pornography: the police were unable to produce the officer who had allegedly caught him on the currency charge and they had seized the allegedly pornographic photos without a warrant.
  • 2006
    Age 61
    Van Hoogstraten told Lynn Barber, writing for The Observer in 2006, that he pays for the education of three children in every school in Zimbabwe: "Actually, it doesn't cost a lot of money in real terms, but I've set up things like that that will continue."
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    In January 2006 he stated in an interview with The Sunday Times that, as a result of loaning £10 million to Mugabe, "In six months' time, when the interest is due, it would be cheaper for them to just kill me".
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  • FIFTIES
  • 2005
    Age 60
    On 19 December 2005 the family of Raja, in a civil action against van Hoogstraten, were awarded £6 million by Mr Justice Lightman, after the court found that the balance of probabilities was "that the recruitment of the two thugs was for the purpose of murdering Mr Raja and not merely frightening or hurting him".
    More Details Hide Details Van Hoogstraten was not held guilty of Raja's murder or manslaughter under British criminal law, which requires a jury to be "certain so as to be sure of guilt" rather than operating on balance of probabilities. He allegedly told the BBC that Raja's family "will never get a penny". He explained to The Sunday Times that he had "no assets at all now in the UK", having placed those assets in the names of the five children he has reportedly fathered with a series of African girlfriends. He has been in the process of constructing Hamilton Palace, near Uckfield in East Sussex since the 1980s. Construction of the neoclassical building began in 1985 and had cost around £40 million by 2006. The enormous edifice is intended to house his collection of art – currently stored in Switzerland – including a mausoleum. Under English law, perpetual trusts are only allowed in the upkeep of monuments and graves. By using the palace as a mausoleum, van Hoogstraten's trust would legally own the buildings and their fittings after his death. A large portion of his wealth has been transferred into a Bermudian trust for the upkeep of historic monuments.
    In 2005 announced plans to take over NMB, a major Zimbabwe bank, though he sold his stake in the bank for over £1 million in late 2007.
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  • 2002
    Age 57
    In July 2002, van Hoogstraten was sentenced to ten years' imprisonment for the manslaughter of Mohammed Raja, after being found not guilty of murder: a jury at the Old Bailey decided that "although he wanted Mr Raja harmed, he had not wanted him murdered".
    More Details Hide Details This conviction was quashed by the Court of Appeal. During the preliminary stages of a retrial Mr Justice Mitchell, the trial judge, ruled that there was "no foundation for a manslaughter case", and, consequently, Van Hoogstraten was formally acquitted.
  • 2001
    Age 56
    He was fined £1,500 in 2001 for contempt of court after telling the opposing counsel: "You dirty bastard... in due course, you are going to get it."
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  • TWENTIES
  • 1972
    Age 27
    He was jailed on eight counts of handling stolen goods and in 1972, was given a further 15 months for bribing prison officers to smuggle him luxuries. "I ran Wormwood Scrubs when I was in there", he has said.
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  • 1968
    Age 23
    In 1968 he began serving a four-year prison sentence for paying a gang to throw a grenade into the house of Bernard Braunstein, a Brighton rabbi.
    More Details Hide Details The rabbi's son, David Braunstein, allegedly owed van Hoogstraten £2,000 over a failed textile business (adjusted for inflation the figure would be much higher as "you could buy a house for that much"). At the trial the judge described van Hoogstraten as "a sort of self-imagined devil who thinks he is an emissary of Beelzebub." He has said of the incident: "It seems a bit distasteful to me now, but back then when I was young... these weren't anarchists, they were businessmen, respectable people."
    Van Hoogstraten is known for his business empire as well as his controversial life story: in 1968, he was convicted and sent to prison for paying a gang to attack a business associate.
    More Details Hide Details In 2002, he was sentenced to 10 years for the manslaughter of a business rival; the verdict was overturned on appeal and he was subsequently released, but in 2005 he was ordered to pay the victim's family £6 million in a civil case. He has been estimated to be worth £500 million, although he claims his assets in the UK have all been placed in the names of his children. Hoogstraten was born in Shoreham-by-Sea, West Sussex, to working-class Catholic parents: Charles, a shipping agent, and Edna, a housewife. His mother was of German and English heritage, his father was of Dutch and French descent. He was educated at a local Jesuit school, but is also known to have attended Blessed Robert Southwell Catholic School in Goring-by-Sea. Aged 11 he started selling stamps to noted collectors, from his personal collection that he claimed to be worth £30,000. It was later discovered that he was paying fellow-pupils to steal stamps to order from specialist shops along the south coast. Aged 14 he began wearing a suit to school, where he would excuse himself from classes to read the Financial Times and attend to business.
  • TEENAGE
  • 1964
    Age 19
    He first bought an estate in Zimbabwe (then Rhodesia) in 1964, aged 19.
    More Details Hide Details At around the same time he became friends with Tiny Rowland, who was then in charge of the London and Rhodesian Mining Company. He has been a close associate of Robert Mugabe, whom he describes as "100 per cent decent and incorruptible"; van Hoogstraten has said he "not believe in democracy, I believe in rule by the fittest."
  • 1962
    Age 17
    He left school in 1962, aged 17, and joined the merchant navy for a year.
    More Details Hide Details He began his property business in the Bahamas with an initial investment of £1,000 realised from the sale of his stamp collection. On return to the UK he built up his capital through a loan sharking business based in towns along the south coast of England, where he would take property deeds as the backing collateral. This allowed him to build up substantial property interests along the south coast and in London. In his early career he owned a nightclub in Brighton, calling Rod Stewart "a greedy little runt" in a row over takings. By 1968 (aged 23) he was Britain's youngest millionaire with a portfolio of more than 300 properties. That same year he began serving a four-year prison sentence for paying a gang to throw a grenade into the house of Bernard Braunstein, a Brighton rabbi, due to Braunstein's son David's alleged debt to van Hoogstraten of £2,000 over a failed textile business.
  • CHILDHOOD
  • 1945
    Age 0
    Born on February 25, 1945.
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