Vince Stanzione | |
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Occupation(s) | Financial Trader, Author, Entrepreneur |
Website | www.vincestanzione.com |
Vince Stanzione (born 1968/1969) [1] is a British entrepreneur.
Stanzione first worked as a hairdresser in his family's business in Luton before becoming a currency trader in the 1980s. [1] After losing his savings in the 1987 stock market crash, Stanzione started mail order sales of mobile phones. In 1999 The Observer reported that he was worth over £1 million. [2]
He returned to trading in financial markets and had a financially successful strong run in commodities, making over £2 million from spread betting with firms such as IG Index. In 2003 he was running courses teaching people how to spread bet. [3]
In 2004 he launched The Advert Channel which was the world's first television channel dedicated to television commercials. [4] In 2005 the parent company floated on the UK Alternative Investment Market AIM as TV Commerce Holdings Plc (TVC). [5] In 2006 regulators ruled that one of the channels owned by TVC had deliberately kept callers on premium-rate telephone numbers waiting longer than necessary. [1] The company was fined by ICSTIS, the channel was forced to close, TVC's share price fell by over 50% as a result and TVC warned that it may no longer be viable. [1] TV Commerce Holdings plc became a shell company known as Gemstones of Africa in 2009. [6]
In 2013 he published a book, The Millionaire Dropout which was listed in the New York Times list of bestselling books [7] and USA Today bestselling books. [8]