U.K. Homebuilder Berkeley Announces Death of Founder Pidgley

  • CEO Rob Perrins says the homebuilder owes Pidgley a huge debt
  • Pidgley founded Berkeley in 1976, built it into FTSE 100 firm
Tony Pidgley

Photographer: Jason Alden/Bloomberg

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U.K. homebuilder Berkeley Group Holdings Plc announced the death of its founder and chairman Tony Pidgley. He was 72.

Pidgley “started Berkeley by building one house and his vision grew into a FTSE 100 company,” Chief Executive Officer Rob Perrins said in a statement on Friday. “He knew he would never retire, so he ensured that his culture was embedded in the company for when this sad day came.”