Third son Paul is an investor, while fourth son Simon owns the popular Sydney nursery, Eden Gardens. In 2018, Ainsworth was appointed as a Member of the Order of Australia (AM) for his impact on business and manufacturing as well as his service to the community through philanthropic contributions. Len Ainsworth is on Facebook. [8] He has been awarded two honorary doctorates, the first by the University of NSW and most recently in 2019 by the University of Wollongong. Chancellor, Len Ainsworth’s contribution to entrepreneurship and manufacturing in Australia is immense, and his service to the community as a philanthropist is profound. $1.3 Billion 1901 1901-10-10 1961-08-18 5' 6" (1.68 m) Actress California Helen Ainsworth Len Ainsworth Net Worth Libra October 10 producer San Jose U.S. In past years these funds have: - Supported specialists focused on enhancing the Math and Technology curriculum - Provided full-time PE and Music teachers Len Ainsworth gave his large stake in Aristocrat Leisure to his seven sons and wife more than 20 years ago; he’s entitled to some proceeds if they sell. He founded Aristocrat in 1953 but stepped aside in 1994 after a cancer scare; it’s now the world’s second-biggest gaming-machine company. Len Ainsworth (b. LEN AINSWORTH: And the other thing of course is the Government don't get any tax the way it is. He founded Aristocrat in 1953 but stepped aside in 1994 after a cancer scare; it's now the world's second-biggest gaming-machine company. [4], Following a 1984 diagnosis of prostate cancer, Ainsworth sold Aristocrat, giving significant funds to his family, several members of which continue the tradition of philanthropy. Writer Facebook Twitter Google+ LinkedIn StumbleUpon Pinterest Reddit Listed on the Australia stock exchange, Aristocrat remains controlled at some 40 percent by the founding Ains-worth family—although founder Len Ainsworth himself no longer has any interest in the company. Aristocrat is now operated by Ainsworth’s sons, though Len does maintain a majority stake in the company. Leonard Hasting "Len" Ainsworth AM (born 1923) is an Australian businessman, most widely known for founding Aristocrat Leisure, one of the world's largest gambling-machine companies.He founded the company in 1953, and remained active until 1994; and later founded Ainsworth Gaming Technology, and was an executive director until 2019. He had a ranch childhood, growing up in Water Valley, Texas where his father, “Gid,” was a cowboy and ranch hand and his parents operated the small general store in Water Valley. It remains unknown what the couple plan to do with the 2300-square-metre property and there was no comment from the agents billed to have negotiated the latest deal at LJ Hooker Palm Beach, but the purchase eliminates any risk of a new owner rebuilding on the site in front and impinging on their views. It follows the Ainsworth family’s $8.65 million purchase this year of the 1920s-era house next door. [4] Following a clear diagnosis, Ainsworth initially retired and then established Ainsworth Gaming Technology, a manufacturer of up to about 35 per cent of Australia’s gambling machines. The couple’s latest purchase takes their total outlay to $16.1 million for the double block set on prime, north-facing land with uninterrupted views to Barrenjoey Lighthouse. Respected property developer Garry Rothwell and his architect wife Susan Rothwell saw the upside of buying the neighbours’ property last week when they paid $3,555,000 for the comparably humble house next door to their Greenwich waterfront home. Len Ainsworth gave his large stake in Aristocrat Leisure to his seven sons and ex-wife more than 20 years ago; he's entitled to some proceeds if they sell. In 2002, Aristocrat’s sales reached A$976 million. Len Len Ainsworth inherited a small len from his father in his early 20s, few could have anticipated the international entrepreneurial empire that he would create — and the ways he would use the len wealth for the ainsworth of humanity. A memorial service is scheduled for … He gave his large stake in Aristocrat Leisure to his seven sons and ex-wife more than 20 years ago; he’s entitled to some proceeds if they sell. With over 50 years of experience in the gambling market, Ainsworth can always be counted on deliver top-quality gams and cutting edge gameplay. He had a ranch childhood, growing up in Water Valley, Texas where his father, “Gid,” was a cowboy and ranch hand and his parents operated the small general store in Water Valley. While Ainsworth Game Technology was officially founded in 1995, its founder – Len Ainsworth – has been making slot machines for over 50 years. This side-line quickly grew, and Aristocrat Leisure was born in 1953. The latest purchase was for $7.45 million for a weekender owned in a company name linked to Pacific Equity Partners’ co-founder Paul McCullagh on prized Northview Road. Ainsworth was a dental equipment manufactuer in 1953 when an employee told him that his factory could easily be retooled to manufacture gaming manchines. Len Ainsworth laments he had to give up skiing about 18 months ago when, he says, he found himself racing down a hill in Europe without giving much thought to the consequences. Leonard Hasting "Len" Ainsworth AM (born 1923) is an Australian businessman, most widely known for founding Aristocrat Leisure, one of the world's largest gambling-machine companies. He founded the company in 1953, and remained active until 1994; and later founded Ainsworth Gaming Technology, and was an executive director until 2019. Len Ainsworth was born in Sydney, Australia, Australia. [1], In 2019 Ainsworth was ranked 42nd on the Forbes list of 50 wealthiest Australians, with an estimated net worth of US$900 million. History. Len Ainsworth first took over Aristocrat from his parents in 1953.This was originally a dental equipment business – making the transition into slots. Venture capitalist Markus Kahlbetzer paid $18 million for historic Mandolong House in Mosman in 2012 and added the $3 million house next door a year later. ", "Australia's 200 richest people revealed", https://en.wikipedia.org/w/index.php?title=Leonard_Ainsworth&oldid=1003539077, Use Australian English from December 2020, All Wikipedia articles written in Australian English, Creative Commons Attribution-ShareAlike License, This page was last edited on 29 January 2021, at 13:51. Leonard Hastings "Len" Ainsworth founded the Australian company Aristocrat Leisure in 1953 - today, the second largest gambling machine manufacturer in the world. Len Ainsworth Biography Entry Clifford B. Jones, ranch manager, college president, and banker, was born to Charles Adam and Virginia (Bartlett) Jones on April 9, 1885, in Rico, Colorado. Len Ainsworth has two personal fortunes, a few enemies, and a reputation as the icon of one of the most controversial legal industries in the world. He stepped aside in 1994 after a cancer scare. When Len Ainsworth started out he knew nothing of poker machines or gaming. In Mosman, childcare entrepreneur Brendan McAssey added to his $11.25 million home on Balmoral slopes in 2016 when he paid $17.34 million for the Alex Popov-designed house next door. THE son of pokie machine king Len Ainsworth has escaped a jail term for driving up to 152km/h in a 60km/h zone, with a blood alcohol level of 0.21 - four times the legal limit. Len Ainsworth founded Aristocrat Leisure, the world’s second-biggest gaming-machine company, in 1953. It isn’t the largest amalgamation on the exclusive cul-de-sac. [1][5][6], Ainsworth has 7 sons, 5 to his first wife Betty and later 2 to his second wife Margurette. Mr Ainsworth is the grandson of pokies kingpin Len Ainsworth, the founder of Aristocrat Gaming and now majority shareholder of Ainsworth Game Technology whose personal wealth tops … Pokies giant billionaire Len Ainsworth is now 92 and is seeking an exit from the pokies empire he founded two decades ago. The purchase effectively protects their prime harbourside position, opens up the amalgamated site to the park adjoining Greenwich Wharf and offers guest quarters or a home annex to their own residence in the process. Len took his sixth child, Kjerulf Ainsworth, to court after he sold his shares. He founded Aristocrat in 1953 but stepped aside in 1994 after a cancer scare; it's now the world's second-biggest gaming-machine company. In high-end real estate circles it is no secret that the best buyers are usually the neighbours. Len Ainsworth with his first wife, Betty, and their sons. This venture, Ainsworth Game Technology, has increased in value by 500 per cent since November and Mr Ainsworth's focus is … History of Ainsworth Slots. [7], Ainsworth has donated to the Sydney Children’s Hospital Foundation, UNSW, St Vincent’s Private Hospital and the Children's Medical Research Institute, the University of Wollongong,[4] and the University of New South Wales. Len was born on April 29, 1933 in San Angelo, Texas to Gideon Plez Ainsworth and Nina Hill Walraven Ainsworth. The sons of Sydney’s billionaire pokie king Len Ainsworth and luxury car dealer Ian Pagent have done a $9.5 million deal on the historic Birchgrove residence, Clifton Villa. 1923) is one of the giants of the slot manufacturing industry in Australia, the nation with the highest slot to person ratio in the world. Facebook gives people the power to share and makes the world more open and connected. [3], Ainsworth inherited a small business from his father and began making poker machines to boost revenues for his dental supplies and equipment manufacturing venture. Len Ainsworth gave his large stake in Aristocrat Leisure to his seven sons and ex-wife more than 20 years ago; he's entitled to some proceeds if they sell. It is a privilege to present Leonard Ainsworth AM for a Doctor of Science, honoris causa. Today, it is one of the world's largest manufacturers of slot machines and online gaming entertainment. The 245-square-metre property was the original Greenwich post office until the 1960s when it was bought by the late architect Denis Rourke and redesigned as a four-bedroom house. Take the latest purchase by Geoff Ainsworth, eldest son of pokie tycoon Len Ainsworth, and his poet wife Johanna Featherstone, who have doubled the size of their Palm Beach getaway just a few months after they bought into the luxury holiday spot. Join Facebook to connect with Len Ainsworth and others you may know. Christian Ainsworth, the 45-year-old youngest son of Aristocrat poker machine founder Len Ainsworth, was personally sued in the Supreme Court by former Sydney Grammar classmate Ben … [3], "The full list: Australia's wealthiest 200 revealed", "Len Ainsworth AM: Honorary Doctor of Science", "Australia's pokies king Len Ainsworth reflects on 70 years in the business", "Len Ainsworth's family have billion reasons to thank Aristocrat boss Jamie Odell", "Len Ainsworth honoured for poker machines and philanthropy", "Gaming billionaire Ainsworth donates millions to UNSW", "Mayne's take: The top 25 Australian billionaires, as claimed by Fairfax", "Australia's Richest 2017: Country's Wealthiest Continue Mining For Dollars", "2018 AFR Rich List: Who are Australia's richest people? One of Sydney’s most significant property amalgamations is the Packer family’s Bellevue Hill property Cairnton. When someone suggested he build a poker machine he replied: 'What's a poker machine?' P: 01254 59367 E: [email protected] COMPANY REGISTRATION DETAILS : Company Name: A Ainsworth & Sons (Jewellers) Ltd Company NO: 00600574 VAT NO: 174 3004 90 Peter Ainsworth is the grandson of pokie king Len Ainsworth, whose personal worth is estimated at $2 billion, but he has little time or money for his 16-month-old daughter Grace, according to … After his wife Felicity died in 2016 it was listed with Blunts Real Estate’s Mary-Anne Fitzgerald, who sold it to the Rothwells. Following a brief struggle with prostate cancer in 1994, Ainsworth handed control of Aristocrat to his seven sons. The Ainsworth Foundation bridges the gap in public school funding and provides much-needed program staffing that helps to improve our students’ educational outcomes. He was a dentist's son with a mechanical bent who was meant to be studying to be a doctor. Lubbock- Charles Leonard (Len) Ainsworth, age 85, passed away on March 6, 2019 at his home in Lubbock, Texas. Len Ainsworth was born in Sydney, Australia, Australia. Geoff Ainsworth, son of pokie king, doubles his Palm Beach holding with $16.1 million spree, Behold the mega-compounds of Sydney’s rich, Geoff Ainsworth joins Palm Beach’s bigwigs with $8.65m, Mosman’s wealthy buy up their neighbours to create estates. The late Sir Frank Packer bought it in 1935 for £7500 and added five neighbouring titles in the 1960s and his son the late Kerry Packer added four more houses to the holding in the late-1980s and 1990s at a cost of more than $8.4 million. The poker-machine king Len Ainsworth makes no secret of the fact that he is getting old and wants to retire. Ainsworth Jewellers LTD 57–59 Darwen Street Blackburn Pennine Lancashire BB2 2BW. He stepped aside in 1994 after a cancer scare. The landmark 1933 Villa d’Este estate two doors away was bought in 2013 for $7.05 million by Austria-based investment banker Steven Heinz and his wife, former model Toneya Bird, who the following year added the house next door on 1000 square metres to the holding for $4.4 million as a weekender for Bird’s family. News Corp co-chairman Lachlan Murdoch and wife Sarah made headlines this year when it was revealed they had bought the 588-square-metre property in front of their Le Manoir estate in Bellevue Hill and added it to the holding for $4.4 million. [4] Ainsworth sold his majority stake in Ainsworth Gaming Technology to Novomatic for A$473 million, when he was aged 94 years. In high-end real estate circles it is no secret that the best buyers are usually the neighbours. Len was born on April 29, 1933 in San Angelo, Texas to Gideon Plez Ainsworth and Nina Hill Walraven Ainsworth. Len Ainsworth founded Aristocrat Leisure, the world's second-biggest gaming-machine company, in 1953. 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