Rich List 2022 Billionaires
120 FRED AND PETER DONE
£1.476bn £241m ▲
Gambling: BetfredThe Done brothers part-funded their first betting shop with a
winning wager on England to seize the 1966 World Cup. Fred, 79,
runs Warrington-based Betfred’s 1,600 outlets. Peter, 75, looks after
the human resources outfit Peninsula. Profits at its Manchester-based
parent company Rainy City Investments grew by about a quarter to
£51.4 million in 2020-21 and it paid out £42 million to the Dones.
Disruption to the sporting calendar cut Betfred’s earnings during the
pandemic but there was a £97.7 million tax win over VAT on fixed-
odds betting machines from 2005 to 2013. 2021: £1.235bn, 137121 ALEX BEARD
£1.464bn £373m ▲
Commodities: Glencore 2021: £1.091bn, 158122 BERNARD LEWIS AND FAMILY
£1.439bn £1m ▼
Fashion and property: River Island 2021: £1.44bn, 115123 JON HUNT
£1.436bn £91m ▲
Estate agency and property 2021: £1.345bn, 126124 NIKLAS ZENNSTROM
£1.425bn £28m ▲
Internet and software: Skype 2021: £1.397bn, 122125= RICHARD DESMOND
£1.4bn £100m ▼
Media and property: Northern & Shell 2021: £1.5bn, 107=125= STEFAN STEN OLSSON
£1.4bn £23m ▲
Shipping 2021: £1.377bn, 123127 DENIS SVERDLOV
£1.397bn £4.776bn ▼
Electric vehicles: Arrival“I’m strongly against war,” Sverdlov, 43, assured investors in March
after the invasion of Ukraine. Briefly a deputy communications
minister in Vladimir Putin’s government, he and his family left Russia
in 2013, when he cut ties to the regime. Georgia-born Sverdlov is
a teetotal vegan and yoga fan who banked about £370 million in
2012 from the sale of his mobile phone firm Yota. His 2015 electric
vehicles start-up Arrival makes eco-friendly buses in Oxfordshire
and its purpose-built Uber car is coming out in the autumn. Last
year Arrival floated on the New York stock market but its £10 billion
valuation fell to below £1.7 billion. Sverdlov’s 76.43 per cent stake,
owned offshore via Kinetik, has dropped to £1.297 billion. We add
£100 million for other wealth. 2021: £6.173bn, 26128 YAN HUO
£1.367bn £619m ▲
Hedge fundHuo, 53, the son and grandson of physicists, swerved a scientific
path for finance. He began at JP Morgan and in 2005 co-founded
the £2.33 billion London hedge fund Capula Investment
Management, which operates in Hong Kong, Tokyo, Singapore and
the US. Huo owns at least half and, given Capula’s £148.8 million
profits, will have received £65.1 million last year. Past payouts add
£200 million. Under the Giving Pledge, Huo and his wife, Xue Fang,
have promised to donate most of their wealth. During the pandemic
their £100 million foundation gave £3 million to Covid-19 research
and £1 million to London’s performing arts. 2021: £748m, 217129 SANDY AND JAMES EASDALE
£1.363bn New entry ★
Transport and property130= TONY LANGLEY
£1.35bn £560m ▲
Engineering 2021: £790m, 204130= MALCOLM HEALEY AND FAMILY
£1.35bn £77m ▼
Kitchens: Wren 2021: £1.427bn, 75=132 STEPHEN FITZPATRICK
£1.34bn £665m ▲
Transport and energyFitzpatrick, 44, has floated his flying taxi venture Vertical Aerospace
on the New York stock market, yet he may have to wait years before
the VX4 electric four-seater aircraft is cleared to fly over cities.
His 65 per cent stake in the Bristol-based enterprise is now worth
£731.9 million, although the shares have lost altitude in recent
months. Meanwhile, his renewables supplier Ovo Energy, also based
in Bristol, has been zapped by rising costs. In January Ovo’s email to
its five million customers advising them to cuddle a pet or perform
star jumps to lower heating costs was not warmly received. The
company then announced plans to lay off 1,700 staff, a quarter of
the workforce. We cut the value of Ovo by £100 million to £900
million, estimating Belfast-born Fitzpatrick’s stake at £603 million.
The divorced father of three has other assets. 2021: £675m, 233133 DOUGLAS AND DAME MARY PERKINS AND FAMILY
£1.33bn £130m ▲
Opticians: Specsavers 2021: £1.2bn, 138=134 MIKE DANSON
£1.28bn £128m ▼
Media 2021: £1.408bn, 119135 LADY PHILOMENA CLARK AND FAMILY
£1.267bn £126m ▲
Car sales: Arnold Clark 2021: £1.141bn, 151136 LORD ASHCROFT AND FAMILY
£1.266bn £9m ▲
Business services 2021: £1.257bn, 132137 LORD SPENCER
£1.262bn £62m ▲
Finance 2021: £1.2bn, 138=138 SURINDER ARORA AND FAMILY
£1.255bn £70m ▲
Hotels 2021: £1.185bn, 145139 SIR ANWAR PERVEZ AND FAMILY
£1.253bn £111m ▼
Cash and carry: Bestway 2021: £1.364bn, 125140= ANDREY ANDREEV
£1.25bn No change ■
Internet: Badoo 2021: £1.25bn, 133=140= SIR TONY GALLAGHER
£1.25bn £150m ▲
Property 2021: £1.1bn, 157140= RAJ, TONY AND HARPAL MATHARU AND FAMILY
£1.25bn £50m ▼
Property and hotels: Grange 2021: £1.3bn, 128140= SUNIL VASWANI AND FAMILY
£1.25bn £91m ▲
Transport and food: Stallion Group 2021: £1.159bn, 149HIGH VOLTAGE
Entry 127, £1.397bnQUITE THE SPECTACLE
Entry 133, £1.33bnCOMPETITIVE HEDGE
Entry 128, £1.367bnGETTY IMAGES30 • thesundaytimes.co.uk/richlist