Wetherspoon's boss Tim Martin was 'born to work' and 'will retire aged 104'

27 January 2023 , 13:19

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Wetherspoon's boss Tim Martin was 'born to work' and 'will retire aged 104'

Tim Martin, the boss behind Wetherspoons, has been named among the UK's biggest taxpayers and he has a net worth of £448million - but despite his riches he said that he's not done yet.

The much-loved pub chain is known for its cheap food and drink, and often they redevelop old buildings like banks and post offices, then reopen them with a unique spin.

Thousands of people are employed by the pub giant, and in 2020 the chain made a £76.6 million profit - which for many would be enough to retire.

But Tim said in a previous interview that he was 'born to work', adding that he wouldn't retire until he was '104'.

Tim Martin said he has no plans to retire and will keep working until he's 104 (Getty Images)

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When asked if he planned to retire, Tim said: "I think we're built to work. I'll probably keep going.

"(In December) I'll have been doing it for 40 years, I'd like to do it another 40 - That would make me 104.

"It might be optimistic, but that's my plan. Why not?"

Tim Martin said he's not ready to retire just yet (AFP/Getty Images)

Tim made the statement when interviewed by iNews in 2019, meaning he's got around another 36 years to go.

He added that he "wouldn't mind doing a little less" travel, but said he "likes to get round the pubs".

That could be because the company started with just one pub, before they started opening more and more around the country.

In July 1998, Wetherspoons opened 20 pubs in one month - including seven on the same day.

In the year 2000, the 400th branch of Wetherspoons opened, with 500 open by 2001 and 700 by 2008.

Over the years, the pub chain has gone from strength to strength and the company floated on the Stock Exchange in 1992 and became JD Wetherspoon plc.

Now it has emerged that Tim is one of the highest taxpayers in the UK, having forked out £123 million last year.

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