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Jacob Rees- Mogg, aged 12. Picture shows a young Jacob Rees- Mogg
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Jacob Rees- Mogg, aged 12. Picture shows a young Jacob Rees- Mogg
Jacob Rees- Mogg, aged 12.
Picture shows a young Jacob Rees- Mogg, one of Britians youngest shareholders. He is pictured at home, making a lone public stand against the giant General Electric Company.
Twelve year old Jacob Rees-Mogg hit out at the companys yearly dividend as " pathetic" at its annual meeting in London. The 2, 000 million pounds firm is paying shareholders less than 15p a share out of 476 million pounds profits with 54.5p a share. Jacob is son of former editor of The times, Sir William Rees-Mogg, said GEC could easily afford 30p a share.
William Rees-Mogg is a GEC director and voted with the board. Jacob started buying shares after receiving a 50 pounds inheritance. He takes advice from his stockbroker and bank manager, and says " but I mainly pick the shares myself". So far her has made 1, 000 profit which he used to buy antique silver. He has shares in about five different companies. Jacob is also accustomed to public speaking. He tackled millionaire Tiny rowland over Lonhro, at its yearly meeting, but he approved the groups plan to win control of Harrods. " I like Harrods" Jacob explained. " I have a bank account there". And Jacob, whose heroes are GEC boss Arnold Weinstock, cricketer Geoff Boycott and Margaret Thatcher, always has his eye on business. When Daily Mirror photographer Julian Brown asked for his picture, Jacob demanded 25 pounds.
Jacob Rees-Mogg, born Jacob William Rees-Mogg is Conservative MP for north East Somerset from 2010 to date (February 2018)
Picture taken 11th September 1981
Julian Brown
Daily Mirror
Mirrorpix
London
Greater London
England
81-5080
Media ID 21816848
© Mirrorpix
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