Michael Bruce (entrepreneur)
Michael Bruce (born 28 June 1973) is a British entrepreneur, and the co-founder and ex CEO of the online estate agent Purplebricks.[2]
Michael Bruce | |
|---|---|
| Born | June 1973 (age 50)[1] |
| Nationality | British |
| Known for | Co-founder and CEO of Purplebricks |
| Spouse | Isabel Bruce |
| Children | 5 |
| Relatives | Kenny Bruce (brother) |
After studying Law in Southampton, Bruce embarked upon a legal career before purchasing Midlands estate agent Burchell Edwards with his brother Kenny in 2006, eventually selling it to Connells in 2011.[3]
Together with his brother they would go on to found Purplebricks in 2012, with the company floating on the Alternative Investment Market in December 2015 for $300m and increased in value to over $1billion before falling back to £300m by May 2019. Purplebricks has launched in the UK, Australia and the US and raised £100m from Axel Springer. In May 2019 Michael stepped down from his role as Chief Executive.
References
- "Michael Patrick Douglas BRUCE". Companies House. Retrieved 24 July 2017.
- "From idea to IPO in three years and a $billion business: Purplebricks founder Michael Bruce". City A.M. Retrieved 24 July 2017.
- "Michael Bruce: The entrepreneur behind Purplebricks who's shaking the foundations of estate agency". London Evening Standard. Retrieved 24 July 2017.
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