🎓 Sir Peter Lampl has given away £50 million of his self-made fortune to help boost social mobility in Britain
telegraph.co.uk/family/life/ob…
telegraph.co.uk/family/life/ob…
🎓In 1997 Lampl founded the Sutton Trust.
Thanks to him, state-school places at Oxbridge have risen in the past 20 years from 48% to somewhere approaching 70%.
Only 7% of the population goes to private schools
Thanks to him, state-school places at Oxbridge have risen in the past 20 years from 48% to somewhere approaching 70%.
Only 7% of the population goes to private schools
📚 If you factor in the many hours of pro bono work, what he has done is “extreme” philanthropy.
His mottos include:
📌 “Charity just writes the cheque"
📌 "Education is the building blocks of everything"
His mottos include:
📌 “Charity just writes the cheque"
📌 "Education is the building blocks of everything"
👑 Philanthropy has brought recognition in the shape of a knighthood and influence.
In 2011, the coalition government appointed him as chairman of the Education Endowment Foundation, a think-tank which was given £125 million to assess what makes good schools work
In 2011, the coalition government appointed him as chairman of the Education Endowment Foundation, a think-tank which was given £125 million to assess what makes good schools work
🇦🇹 Lampl is the son of an Austrian refugee who arrived in the UK without a word of English and fought the Germans in the Second World War.
📍 He grew up on a council estate in Yorkshire until the age of 11.
📈 His social mobility was the result of a grammar-school education
📍 He grew up on a council estate in Yorkshire until the age of 11.
📈 His social mobility was the result of a grammar-school education
It was there he learnt what a difference a good teacher makes.
❌His physics teacher was fond of saying “the only way you’ll get to Oxford is on a bus.”
✅ His chemistry teacher took him under his wing and helped him gain a place at Corpus Christi, Oxford, to study chemistry
❌His physics teacher was fond of saying “the only way you’ll get to Oxford is on a bus.”
✅ His chemistry teacher took him under his wing and helped him gain a place at Corpus Christi, Oxford, to study chemistry
⁉️ Why are we as a nation obsessed with Oxbridge?
“When you look at the top 5,000 people in this country, 40% went to private schools and 25% went to Oxbridge. That’s massive...It’s ridiculous. It’s unfair. It’s also uneconomic, because we’re missing out on lots of talent”
“When you look at the top 5,000 people in this country, 40% went to private schools and 25% went to Oxbridge. That’s massive...It’s ridiculous. It’s unfair. It’s also uneconomic, because we’re missing out on lots of talent”
🇺🇸 Lampl’s fortune was made working as a management consultant in Boston and New York.
👷 He later set up his own private-equity firm that invested in building materials distribution.
💼 He exceeded expectations and circumstances to make enough money to retire in his late 40s
👷 He later set up his own private-equity firm that invested in building materials distribution.
💼 He exceeded expectations and circumstances to make enough money to retire in his late 40s
🎵 Business and The Beatles 🎵
"Everyone’s trying to do the sexy thing. The bitcoin. The only vaguely interesting business I did was reselling Beatles tickets when I was 16. Everything after that was really dull"
"Everyone’s trying to do the sexy thing. The bitcoin. The only vaguely interesting business I did was reselling Beatles tickets when I was 16. Everything after that was really dull"
🎒 Lampl's social mobility drive started with summer schools.
💰 So far the Sutton Trust’s various programmes have helped 50,000 children with an average spend of £1,500 per child.
🇺🇸 The daughter of a single mum from Blackpool earned a £300,000 scholarship to Harvard
💰 So far the Sutton Trust’s various programmes have helped 50,000 children with an average spend of £1,500 per child.
🇺🇸 The daughter of a single mum from Blackpool earned a £300,000 scholarship to Harvard
🚫 The current UK system is made up of boarding, private day schools, grammar schools and faith schools.
“The top 20% of schools in this country are out of reach for the average kid...It’s a mess. If you could do it, you would bulldoze the whole thing and start again”
“The top 20% of schools in this country are out of reach for the average kid...It’s a mess. If you could do it, you would bulldoze the whole thing and start again”
⚖️ UK v USA ⚖️
Lampl hazards that if we had the same level of philanthropy in the UK as America, we would have £50 billion more to spend on good causes.
"My adventures in making big money and giving it away..."
Lampl hazards that if we had the same level of philanthropy in the UK as America, we would have £50 billion more to spend on good causes.
"My adventures in making big money and giving it away..."
• • •
Missing some Tweet in this thread? You can try to
force a refresh
