Terry Hedley Matthews is a Canadian high tech entrepreneur and the first billionaire in Wales. He has established or funded more than 80 companies in the high tech communications sector. The most notable companies he has funded include Newbridge Networks and Mitel. Matthews’ business ventures have earned him an incredible fortune of $1.8 billion, making him one of the wealthiest people in Canada.
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Matthews currently serve as the Chairman of Wesley Clover and Mitel. He is the owner of Brookstreet Hotel as well as the Celtic Manor. Other businesses that he is involved in include Convedia (a manufacturer of VoIP/IMS Media Servers), March Networks (a provider of IP video solutions), Ubiquity Software (Developer of SIP/IMS Application Server Software platform), and Newport Networks (a manufacturer of large carrier-grade session border controllers) among others.
Due to his entrepreneurial efforts, Matthews has been awarded and appointed in different capacities. In the year 1994, he was appointed an Officer of the Order of the British Empire. In 2001, he was conferred the honor of Knight Grand Cross of the Order of the British Empire. In 2006, the University of Bath awarded him with an Honorary Degree (Doctor of Engineering). He is married to Ann Matthews, with whom he has four children.