Name
Ian Wood
Primary Residence
Aberdeen, Scotland
Citizenship
United Kingdom
Source Of Wealth
energy services
Net Worth
$1,500,000,000
Forbes Profile
Forbes 2019 Billionaires List Rank:
1511
Forbes List Rank One: Title
#1511 Billionaires 2019
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Summary
Ian Wood transformed a family-owned fishing business based in Aberdeen, Scotland into Wood Group, a multinational oil services company. He joined the firm in 1962, became CEO in 1967, and took the business public in 2002. He then served as chairman before retiring in 2012. Under his watch, Wood Group expanded its operations to over 50 countries and now has over 42,000 employees. Wood and his family have sold much of their stake in the company over the years, diversifying into other investments.
Did you know?
Wood is believed to be the only Scottish to hold both a KT and GBE, Scotland's high order of chivalry and the highest rank in the Order of the British Empire.Wood helped set up Opportunity North East, an economic development agency that aims to revitalize and diversify Aberdeen's oil-dependent economy.
Age
77
Categories
Number of Children
3
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