---
title: "Clive runs up $200 million"
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published_at: "2020-10-27T17:09:10+00:00"
modified_at: "2026-06-21T23:37:33+00:00"
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excerpt: "Clive Sinclair is now officially worth more than $200 million."
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publication: "Timex Sinclair User"
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---

# Clive runs up $200 million

Clive Sinclair is now officially worth more than $200 million. The London placing of shares, announced at the launch of the Spectrum (T/S2000) has now been settled with a value of $204 million being put on Sinclair Research, of which his personal share is about 85 percent,

A number of unnamed financial institutions, believed to be about 30, have agreed to buy 400,000 shares at $34 each, which is a total of $20.4 million for 10 percent of the company. The sale was heavily oversubscribed.

The latest figures available show that in the year to March, 1982 Sinclair Research made a profit of almost about $20 million on sales of about $55 million. It is expected that profit for the year to March this year will rise to $25 million. (This is an estimate.)

It is believed the company would like a full stock market listing within the next year.

Most of the money raised will be used to finance work on the Sinclair electric car.