Ethel Robertson
   HOME

TheInfoList



OR:

(Babs) Ethel Greig Robertson (5 May 1902 – 4 December 1985) was a Scottish businesswoman and whisky brand investor. The companies that she and her sister controlled created the largest independent grant-making charitable trust in Scotland.


Life

Robertson was born in 1902 in Prestwick. Her father was James Robertson and her mother, Agnes Ethel (born Greig), died a few days after she was born. She had two sisters, Agnes and Elpeth, and until the
1918 flu pandemic The 1918–1920 flu pandemic, also known as the Great Influenza epidemic or by the common misnomer Spanish flu, was an exceptionally deadly global influenza pandemic caused by the Influenza A virus subtype H1N1, H1N1 subtype of the influenz ...
she had a brother who was the heir apparent to the family whisky business. She and her siblings had no contact with her mother's family when she was a child. Their uncle, Robert Coventry Greig, did not known that they existed until her brother contacted him. She was known as "Babs" from when she was a child. Robertson's grandfather, William Alexander Robertson, who had co-founded the whisky business in 1857 died before she was born. Her grandmother Agnes Heatley Robertson was one of the first Scottish women to attend university (in her middle age). Ethel's father died in 1944 leaving his part of the business, Robertson and Baxter, to his daughters. Ethel became the lead partner in their part of the business - with Agnes and Elpeth's agreement. In 1946 Ethel cleverly maneuvered control of the business to her and her sisters as they struggle to avoid a takeover bid by
Samuel Bronfman Samuel Bronfman, (February 27, 1889 – July 10, 1971) was a Canadian businessman, philanthropist, and member of the Canadian Bronfman family. He founded Distillers Corporation Limited and purchased the Seagram Company, that became the world’ ...
of
Seagrams The Seagram Company Ltd. (which trade name, traded as Seagram's) was a Canadian multinational beverage and during the last few years of its existence, entertainment Conglomerate (company), conglomerate formerly headquartered in Montreal, Quebec. ...
. The Robertson's company owned the valuable whisky brand
Cutty Sark ''Cutty Sark'' is a British clipper ship. Built on the River Leven, Dumbarton, Scotland in 1869 for the Jock Willis Shipping Line, she was one of the last tea clippers to be built and one of the fastest, at the end of a long period of desig ...
.


Death and legacy

In 1959 the sisters increased their control of the company when they bought more shares from Highland Distilleries. The sisters lived together at the Edrington estate in Berwickshire. They made anonymous donations to universities and other good causes. They created Edrington to own their shares in order that they could keep control even after one of them died, as
death duties International tax law distinguishes between an estate tax and an inheritance tax. An inheritance tax is a tax paid by a person who inherits money or property of a person who has died, whereas an estate tax is a levy on the estate (money and prop ...
would need to be paid. They also established The Robertson Trust, a
registered charity A charitable organization or charity is an organization whose primary objectives are philanthropy and social well-being (e.g. educational, Religion, religious or other activities serving the public interest or common good). The legal definitio ...
under Scottish law, which owns all voting shares in Edrington. The Robertson Trust is now Scotland's largest independent grant-making charitable trust, and is funded by the dividend income of its shares in Edrington. Ethel Robertson died in Haddington in 1985.


References

{{DEFAULTSORT:Robertson, Ethel 1902 births 1985 deaths People from Prestwick Scottish businesspeople