Tim was born in Glasgow and worked for Allied Breweries before joining WH Smith in 1973. Tim founded the remarkably successful Waterstone's booksellers with £6000 of the redundancy money he received when he was sacked from WH Smith in 1982.
One of the most astute and determined businessmen of recent years, Tim Waterstone is the founder chairman of HMV Media Group plc (HMV music stores and Waterstone's bookstores) and is the founder of the Daisy and Tom children's department stores.
(http://www.normanphillips.co.uk/tim_waterstone_bio.htm)
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