{"id":135324,"date":"2021-08-12T12:03:29","date_gmt":"2021-08-12T12:03:29","guid":{"rendered":"https:\/\/precoinnews.com\/?p=135324"},"modified":"2021-08-12T12:03:29","modified_gmt":"2021-08-12T12:03:29","slug":"robert-forrester-and-his-net-worth","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/world-news\/robert-forrester-and-his-net-worth\/","title":{"rendered":"Robert Forrester and his net worth"},"content":{"rendered":"

THE CEO of one of the UK's largest car dealerships has said there's been some changes to the firm after appearing on Undercover Big Boss.<\/p>\n

Robert Forrester, chief executive of Bristol Street Motors, decided to secretly observe his employees after expanding his business during the pandemic.<\/p>\n

<\/p>\n

Pretending to be a history lecturer in search for a new career on the ITV global hit series, Robert takes up a position in his sales team.<\/p>\n

After working among his colleagues, he decided to enhance maternity pay and introduce programmes to boost employees' lack of confidence.<\/p>\n

Who is Robert Forrester?<\/strong><\/h2>\n

Robert Forrester is the CEO of Vertu Motors – the UK's 5th largest motor retailer selling new and used cars, vans and bikes. <\/p>\n

It operates a chain of franchised motor dealerships offering sales, service, parts, and bodyshop facilities for new and used cars, and commercial vehicles.<\/p>\n

The Group trades as Bristol Street Motors, Macklin Motors, Farnell and Vertu.<\/p>\n

Robert was a Director of Reg Vardy plc between 2001 and 2006 where he held the roles of Finance Director and Managing Director.<\/p>\n

He was also a member of the Economic Growth Board of the Confederation of British Industry.<\/p>\n

Robert founded Vertu Motors in 2006.<\/p>\n

What is Bristol Street Motors?<\/strong><\/h2>\n

Bristol Street Motors is car dealership that falls under the umbrella group Vertu Motors.<\/p>\n

It was\u00a0founded in the early 1900s as a Ford dealership.<\/p>\n

Bristol Street Motors offers\u00a0new cars,\u00a0ex demonstrator cars,\u00a0used cars,\u00a0electric cars,\u00a0new vans\u00a0and\u00a0used commercial vehicles\u00a0from car giants including\u00a0Citroen,\u00a0Ford,\u00a0Renault,\u00a0Toyota, and\u00a0Vauxhall.<\/p>\n

When the pandemic hit, Robert was forced to close his dealerships and furlough the workforce.<\/p>\n

As other businesses downsized, Robert decided to gamble and purchased 30 new dealerships, investing millions of pounds of shareholders' money.<\/p>\n

With 149 dealerships across the UK and over 6,000 employees, Bristol Street Motors is a \u00a33 billion business that sells one car to Brits every four minutes.<\/p>\n

What is Robert Forrester's net worth?<\/strong><\/h2>\n

From 2020, the CEO of Vertu Motors, Robert Forrester had a net worth of \u00a3161,938,000.00.<\/p>\n