Anti-vaxxer finance guru dies from Covid after being put on ventilator

The 74-year-old wealth manager had often retweeted anti-vaccine views on Twitter, and in the days before he fell ill he was reposting misinformation about the Covid-19 vaccine

Alan Steel has died from Covid hours after being put on a ventilator

Anti-vaxxer personal finance guru Alan Steel has died from Covid-19 hours after telling pals: “Fingers crossed I make it”.

The 74-year-old had been put on a ventilator after he was hospitalised.

He died on Wednesday after battling the virus for a month.

Mr Steel had often retweeted anti-vaccine views on Twitter, and in the days before he fell ill he reposted misinformation about the jab.

He was also anti-mask and anti-lockdown, and would reportedly tell his friends to watch videos on how “it’s not a pandemic of the unvaccinated”.

Mr Steel was known in his industry as being the first first to expose the problems at Equitable Life – where the insurer’s policyholders lost billions of pounds in savings.

Alan Steel had been battling the virus for a month


Joel Goodman)

He also managed his own firm with more than £1billion worth of client assets.

Mr Steel called himself a “natural contrarian” and didn’t hold his opinions back when speaking to the press.

When asked what his life was like outside financial services, he said: “Family, music, my moothie [harmonica], Ibiza, red wine and Oliphant’s pies.”

Last month, he tweeted: “You may wonder why I’ve been so quiet. For the best part of two weeks, I fought a losing battle with Covid.

“Been on oxygen in hospital since. Moving to intensive care today. This is one nasty illness. Fingers crossed I make it through.”

Steve Forbes, managing director of Alan Steel Asset Management, yesterday said: “He was a one-off and a genius, of that there is certainly no doubt, but he was also a great visionary.

“He is now with his beloved and wise Grannie McKay and will have a new audience for his multitude of jokes and stories.

“I also know the hole that exists in our lives just now as a result of his passing will be filled with joyous memories in time.”

Pal John Allison added: “Alan always remained totally true to his working-class upbringing, but unknown to most, he was also a significant financial benefactor and behind the scenes, he gave great financial support to many local institutions and events.

“The financial services industry is traditionally very light on characters and legends – Alan Steel may sadly prove to be the last of them.”

He leaves behind his wife Fran and two children – Malcolm and Catherine.

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