Anthony Bamford Anthony Bamford Anthony Paul Bamford, Baron Bamford, DL (born 23 October 1945) is a British businessman, chairman of JCB. He succeeded his father, Joseph Cyril Bamford, as chairman and managing director of JCB in 1975, at the age of 30. He was knighted in 1990 at the age of 45. His wealth was estimated at £3.1 billion as of April 2012. Bamford was educated at Ampleforth College, a boarding independent school near the village and civil parish of Ampleforth in the Ryedale district of North Yorkshire, England (about north of York, and on the edge of the North York Moors
Joseph Bamford initially worked for English Electric developing electric welding equipment in Stafford. A short return stint with the family firm proved too stifling, and his Uncle Henry released him, saying he thought Joe had "little future ahead of him." After selling Brylcreem for a short while, in October 1945 Bamford rented a by 15 ft lock-up garage for 30 shillings (= £1.50) a week, and made a farm trailer from scrap steel and war surplus Jeep axles, using a prototype electric welder bought for £2-10s (= £2.50). He opened for business on the day his first son, Anthony, was born, and