If only there were the odd historian on the BLM side. Clearly, David Olusoga doesn’t count:
A founder of Guy’s hospital in south London, he made his fortune through owning a large number of shares in the South Sea Company, whose main purpose was to sell slaves to the Spanish colonies.
A statue to Guy stands by the hospital and is owned by the hospital’s charitable arm. Guy’s and St Thomas’ NHS trust ruled out any renaming but said it would discuss the sculpture’s future as part of Khan’s review, adding: “We recognise and understand the anger felt by the black community, and are fully committed to playing our part in ending racism, discrimination and inequality.”
That might best be done by telling them to stop being twats:
Investment in the South Sea Company
By the late 1670s, Guy had begun purchasing seamen’s pay-tickets at a large discount, as well as making large loans to landowners. In 1711, these tickets, part of the short-term ‘floating’ national debt, were converted into shares of the South Sea Company in a debt-for-equity swap. The South Sea Company was a government-debt holding company, and while there was a brief attempt to sell slaves in Spanish America, this was completely unprofitable in Guy’s lifetime. Therefore, while he is sometimes erroneously portrayed as having profited from slavery, this is incorrect. In 1720, the year when the South Sea Bubble burst, he sold 54,040 stock for £234,428, making a profit of about £175,000. He then re-invested this money in £179,566 4% government annuities, £8,000 of 5% government annuities, and £1,500 East India Company shares.
Thew South Sea Company did indeed pursue, own, the assiento. It also never even exploited it fully, let alone made any money out of it.