Joining the growing club of billionaires such as Elon Musk, Jeff Bezos, Richard Branson and Greg Wyler who have demonstrated their passion for the high-growth space sector, UK businessman Peter Hargreaves, founder of leading finance and investment services company Hargreaves Lansdown, is investing £24m, taking a stake in the iconic Goonhilly Earth Station Ltd in Cornwall, whose rich 56-year history of achievement in satellite communications is matched by an ambitious future-looking roadmap.
You may have seen in @thesundaytimes #sundaytimesrichlist edition that billionaire Peter Hargreaves has invested £24m in @goonhillyorg … We're over the moon and looking forward to exciting growth plans. pic.twitter.com/c9JdPHx7Yf
— Goonhilly (GES Ltd) ??? (@goonhillyorg) May 13, 2018
Until recently, only governments or the largest corporations had the resources to invest in the space sector. Now it is becoming a popular choice for high net worth individuals who are attracted by the pace of innovation, brilliant minds involved and breath-taking excitement.