The Sunday Times Magazine - UK (2022-05-22)

THE

MILLIONAIRES

178 JIM MCCOLL

£996m £4m ▼

Engineering: Clyde Blowers 2021: £1bn, 165=

179 MIKE LYNCH AND ANGELA BACARES

£988m £123m ▲

Software: Autonomy and Darktrace

Lynch, 56, is appealing extradition to the US to face trial on 14 counts

of conspiracy and fraud over the sale of the software specialist

Autonomy to Hewlett Packard, which made him about £500 million.

If found guilty, he could be jailed for 20 years. He denies artificially

inflating revenues and profit margins before the deal in 2011.

Essex-born Lynch, a Cambridge graduate, set up Invoke Capital,

which funds tech start-ups, soon afterwards. He and his wife,

Angela Bacares, 55, have a 16 per cent holding in the recently listed

cybersecurity firm Darktrace, valued at £512 million, up £122.7 million

in a year. 2021: £865m, 190

180 MARCUS EVANS

£975m £189m ▲

Business services 2021: £786m, 207

181 TOM SANDELL

£962m £10m ▼

Hedge fund 2021: £972m, 172

182 HENRY ENGELHARDT AND DIANE BRIERE DE L’ISLE

£956m £170m ▼

Insurance: Admiral 2021: £1.126bn, 154

183 CASPAR MACDONALD-HALL AND FAMILY

£954m £45m ▲

Property 2021: £909m, 178

184 CHRISTIAN ANGERMAYER

£950m £100m ▲

Finance 2021: £850m, 193

185 ROY RICHARDSON AND FAMILY

£945m £50m ▲

Property 2021: £895m, 182=

186 WILLIAM MORRISON AND ELEANOR KERNIGHAN

AND FAMILY

£927m £286m ▲

Supermarkets: Morrisons 2021: £641m, 242

187 SIR PHILIP AND LADY GREEN

£910m No change ■

Retailing 2021: £910m, 177

Picking up at

No 178, our list

of Britain’s

wealthiest 250

continues

through to

page 42

197 PATRICIA THOMPSON AND FAMILY

£869m No change ■

Food and horse racing

Rachael Blackmore’s victory on A Plus

Tard in the Cheltenham Gold Cup —

the first by a female rider — might tempt

Thompson, 82, to continue the costly

passion of her late husband, David, at

Cheveley Park Stud in Newmarket. Her

son Richard, 57, knows that jump racing

is “more of a hobby” than their bread-

and-butter flat racing business, but

urged: “Come on, Mum, let’s do it!”

David would pay as much as £500,000

for a contender in the big jump races. But

since he died in 2020, aged 84, some

have feared that funding might fall away.

David Thompson set up the Hillsdown

food group in 1975, the source of the

family’s wealth. Half his stake was sold

for £145 million in 1987 and the rest for a

similar sum a few years later. Shortly

before his death he and Patricia, pictured

above with the Irish businesswoman

Chanelle McCoy at Royal Ascot, were

appointed CBEs for their philanthropy.

The family own farmland in East

Anglia as well as Hoopers department

stores in Harrogate, Torquay, Tunbridge

Wells and Wilmslow, while Richard has

10.2 per cent of Fonix Mobile, a listed

telecoms company. The main Thompson

company shows £149.1 million on its

balance sheet — up £5.5 million in a year.

So plenty of readies to spend on more

horses, Patricia. 2021: £869m, 189