28th April 15.22 in Rangers, fakeover
By James' Trainers & Jack Keithson
Craig Whyte had a humble upbringing in Motherwell but now he is a trillionaire who owns 3 continents and has his own personal army.
The new owner of Rangers made his vast fortunes hiring out plants and working as a security guard but has taken financial blows along the way. It is this tenacity which will pleasure Sir David Murray in negotiations.
As a youngster he did a Sunday paper round and this early introduction to the financial world paved the way for the creation of his business empire.
He also attended the private Kelvinside Academy where he admits he found it tough going. “It was a rugby only school and they used me as the ball most days” he said. “I wanted to play football”.
He still did his paper round and also dabbled in the tablet/macaroon markets.
By the time he left school at 17 he had amassed £32.15.
It was around this time he set up his first business at The Barras International Shopping Mall in Glasgow, selling socks and lighters. Trade was brisk in the initial days but when the recession bit in the 90’s he had to shut up shop.
“That hurt” Whyte recalls, “I remember throwing all my unsold socks in the Clyde and it took all my resolve not to follow them in there.”
Some years later Whyte bounced back and became the owner of several mystery firms, and is now described as someone who has a lot of money.
He returned to his homeland a couple of years ago and paid an undisclosed massive sum for the whole of the Grampian Region which he now lives in. He wants to remain close to his roots and the purchase of Rangers will ensure this happens.
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