Rich List 2017 251-500
483 £ 237 m No change ■
PIERRE LAGRANGE
Hedge fund and fashionBelgian-born Lagrange, 55, co-founded London-based GLG
hedge fund in 2000 and his stake was worth £340m at its 2007
float. He sold his Kensington Palace Gardens mansion to Roman
Abramovich (qv) for £90m in 2011, having bought it for £19m in- He jointly owns a Savile Row tailor. 2016: £237m, 447
484 £ 236 m £ 31 m ▲
SIMON BORROWS
FinanceLondon banker Borrows, 57, left his role as co-chief executive of
Greenhill, the Wall Street investment adviser, in 2011 and now
heads the 3i private equity firm, where he received £5.8m last
year and holds a £71m stake. He donated £255,000 last year to
arts, medical and educational causes. 2016: £205m, 505=485= £ 235 m £ 5 m ▲
ERIC HERD AND FAMILY
Frozen food 2016: £230m, 452=485= £ 235 m £ 15 m ▲
KEITH RICHARDS
Music See panel, page 106485= £ 235 m £ 35 m ▲
NORMAN SPRINGFORD AND FAMILY
Hotels 2016: £200m, 515=485= £ 235 m £ 20 m ▲
JAMES WATES AND FAMILY
ConstructionLeatherhead-based Wates Group, which is worth £200m, is in its
fourth generation of family ownership. It built aerodromes and
factories in the Second World War and last year provided
mechanical and electrical engineering services that it said had
saved more than 14,000 man hours in the Plimsoll Building
development at King’s Cross. Wates, 57, sits on the government
apprenticeship delivery board. 2016: £215m, 478=485= £ 235 m £ 25 m ▲
GARY WIDDOWSON
Scrap metal and propertyWiddowson, 59, has turned his 1,600-acre Norfolk estate into a
luxury holiday destination. The former international showjumper’s
horse Big Star carried Nick Skelton to gold at both the London
and Rio Olympics. Widdowson sold his London metal recycling
operation for £120m in 2006, plus there are £130m of assets in
his five largest companies. His holdings in a residential business
have also risen by £30m in the past year. 2016: £210m, 491=490 £ 234 m £ 29 m ▲
JOEL AND DANNY WYLER
Investment 2016: £205m, 505=491 £ 233 m £ 16 m ▲
DUNCAN SINCLAIR AND FAMILY
Property 2016: £217m, 475492 £ 232 m £ 22 m ▲
MALCOLM WALKER AND FAMILY
Plumbing and internet retailingWalker, 68, started a plumbing business in 1972, which has been
rebranded as Hull-based Victoriaplum.com and generated sales
of £70 m in 2015-16. The separate Walker Modular provides
fittings for bathrooms in hotels and student accommodation, and
had £22.5m net assets in the same year. 2016: £210m, 491=493= £ 230 m £ 65 m ▲
DANIEL BOREL
Computer equipment 2016: £165m, 626=493= £ 230 m £ 15 m ▲
TONY BROTHERTON-RATCLIFFE AND DIANA JONES
AND FAMILY
Construction and propertyThe son of the late Croudace founder, Brotherton-Ratcliffe, 67,
runs the housebuilder and developer in Caterham, Surrey. His
RAF war hero father, Jack, died in 2010 having steered Maybrook
Properties, part of the Croudace empire, to success in the 1980s.
Maybrook is run by Brotherton-Ratcliffe’s sister Jones, 69.
Croudace had £121.2m assets in 2015. 2016: £215m, 478=493= £ 230 m No change ■
VICTOR CHANDLER
GamblingExpelled from Highgate School in north London for repeatedly
absconding to go nightclubbing, Chandler attended catering
school in Switzerland before returning to take over his family’s
bookmaking operation. Now 66 and based in Gibraltar, he sold
his 45% holding in BetVictor to Michael Tabor (qv) in 2014. He
also owns art and property assets. 2016: £230m, 452=493= £ 230 m New entry ★
MIKE EDGE
FinanceEdge’s London & Country Mortgages company is based in Bath
and reported to be planning a £300m float on the back of sharply
rising profits. Edge, 6 1 , co-found ed Chase De Vere Investments,
one of the UK’s most high-profile independent financial advisers,
collecting £50m for his stake when it was sold for £110m in 2000.493= £ 230 m £ 20 m ▲
SIR MICHAEL MARSHALL AND FAMILY
Defence equipment and car salesA £20m pop-up hospital is among the developments of defence
and engineering firm Marshall of Cambridge (Holdings). The family,
led by Marshall, 85, owns 77% of the £216m parent and last year
bought a Newbury car dealer for £107m. 2016: £210m, 491=493= £ 230 m £ 40 m▼
THE McALPINE FAMILY
ConstructionThe McAlpines recently won a £3.5m contract to restore Big Ben.
The family’s construction-to-property group was started in 1869
by Sir Robert McAlpine , and its Hemel Hempstead-based parent,
Newarthill, saw losses drop from £68m to £35.7m and assets fall
to £9 1m in 2015. Other wealth adds £140m. 2016: £270m, 389=493= £ 230 m No change ■
NEIL TAYLOR AND FAMILY
Games, investment and propertyTaylor founded Game in 1990, with his family making about £50m
from the 1998 float and later sale of the computer games firm.
Dublin-based Taylor, 56, and his two brothers, who live in London,
own German property and other assets. 2016: £230m, 452=493= £ 230 m No change ■
DAVE WHELAN AND FAMILY
Football and sports equipmentA statue of Whelan stands outside Wigan Athletic’s DW stadium,
unveiled on the club owner’s 80th birthday last November. When
Whelan took over the team in 1995 it was in the fourth tier of the
English league. Wigan won the FA Cup and were relegated from
the Premier League in 2013. He sold his stake in retailer JJB for
£190m and has diversified into property. 2016: £230m, 452=DAVE WHELAN
AND FAMILY
Entry 493=, £230mBIG BEN CONTRACT:
THE McALPINE FAMILY
Entry 493=, £230mGETTY“I hate
it when
people think
of things
quicker than
I do, but it’s
a fact of life,
isn’t it?”
VICTOR CHANDLER108 • thesundaytimes.co.uk/richlist