How rich is Michael Stoute?
Michael Stoute Net Worth:
Michael Stoute net worth, wiki & biography:
Michael Stoute Net Worth $21 Million
Barbadian British thoroughbred horse trainer, Michael Stoute has a net worth of 14 million as of May 2012, according to the Sunday Times UK Rich List. Following a classic 2010, when Michael trained Workforce to win the Derby as well as the Prix de l’Arc de Triomphe, increasing his entire prize money to more than 5 million, Stoute had a silent 2011. His horses also won the 2009 and 2010 King George VI and Queen Elizabeth Stakes at Ascot. In 2009 Michael enjoyed a clean sweep of the placings at British flat racing’s richest event, helping him to claim the champion trainer title to get a 10th year. Within an era dominated by major stables financed by the Irish Coolmore operation or fabulously rich Arabs, Stoute is the last independent trainer who is able to often give the largest players a decent run for their money. Stoute trains at Newmarket in two different yards, Freemason Lodge and Beech Hurst. Stoute possesses Michael Stoute Ltd, which in 2010 published abbreviated reports revealing net assets growing sharply to 1.1 million. The full reports from 1999-2003 show he took 3.1 million in salary and dividends.