Stuart Wheeler, Spread-Betting Pioneer and Brexiteer, Dies at 85

  • Major backer of campaigns for U.K. to leave the European Union
  • Founded spread betting firm IG Index in London in the 1970s
Stuart WheelerPhotographer: Cate Gillon/Getty Images
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Stuart Wheeler, who made his fortune pioneering spread betting in the U.K. before turning to politics and helping spearhead Britain’s departure from the European Union, has died. He was 85.

Wheeler died on Thursday, according to the U.K.’s TelegraphBloomberg Terminal newspaper. He was diagnosed with stomach cancer last year.