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We haven't been able to take payment You must update your payment details via My Account or by clicking update payment details to keep your subscription. Act now to keep your subscription We've tried to contact you several times as we haven't been able to take payment. You must update your payment details via My Account or by clicking update payment details to keep your subscription. Your subscription is due to terminate We've tried to contact you several times as we haven't been able to take payment. You must update your payment details via My Account, otherwise your subscription will terminate. Monday May 6 2024 Donald Mackenzie, one of the co-founders of CVC and the dealmaker who masterminded the buyout of Formula 1, has been revealed as a euro billionaire after CVC published its prospectus. Mackenzie, 66, a Jersey-based accountant from Scotland, holds shares in the private equity group CVC worth between €889 million and €1.03 billion, according to the selling document, and is proposing to cash in around €122 million worth. His co-founders Rolly Van Rappard, who will be chairman of the company going forward, and Steve Koltes are worth €943 million and €609 million respectively if the company is floated at the midpoint of the €13 to €15 price range this week. The three men co-founded CVC, spinning it out of Citigroup in 1993 and turning it into
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