The Sunday Times Magazine – 7 May 2017

620= £182m ■

TOM MARTIN AND FAMILY
Property 2016: £185m, 564=

JON MOULTON
Finance

Guernsey resident Moulton, 66, is upbeat about Brexit. On the
subject of “ludicrous” EU regulations, he has said: “If London can
attract the rest of the world to a more sensible system, then that
could actually be quite a big upside.” He received criticism after
his Better Capital operation invested in courier City Link, which
collapsed in late 2014, and last summer he reported assets in his
2012 fund falling to £247.6m. Stoke-born Moulton has spoken of
winding down Better Capital this year. 2016: £182m, 577=

623= £180m ■

SIMON CLARKE AND FAMILY
Property

Birmingham-based St Modwen, a FTSE 250 property and
regeneration specialist with a £1.7bn portfolio, is leading the £1bn
redevelopment of the city’s Longbridge site. Clarke, 51,
represents his family and the related Leavesley family, who
together own a 14.4% stake worth £105.4m. 2016: £140m, 734=

KEVIN COYLE AND FAMILY
Recruitment

Coyle, 60, is one of Britain’s leading recruitment consultants and
has several profitable companies, including the London-based
recruiting specialist Coyle Personnel and the nursing agency
Mayday Healthcare, in which he has a 99% stake. His five main
businesses made £27.3m profit on £223m sales in 2015 and are
worth £170m, while other assets add £10m. 2016: £180m, 582=

RODGER DUDDING
Property See panel, page 118

RICHARD GRIFFITHS
Finance

Brecon sheep farmer turned City financier Griffiths, 50, took his
Evolution stockbroker and investment bank from start-up to
FTSE 250 member in five years. He floated another investment
service, Jersey-based Ora Capital Partners, in 2007, delisting it in

2013. He also holds company stakes worth £108m. New entry

JULIE HESELDEN AND FAMILY
Defence equipment

Heselden’s late husband, Jimi, founded Leeds-based Hesco
Bastion, which makes military blast walls and flood defences. It
was sold in March 2016 to a Belgian firm for an undisclosed sum.
Profits rose to £16.2m on sales of £51.7m in 2015-16. Julie, 58, was
widowed in 2010 when her husband, owner of the US Segway
company, died after falling off a cliff on one of the self-balancing
scooters near their West Yorkshire home. 2016: £150m, 685=

ALASDAIR LOCKE
Oil services 2016: £180m, 582=

DON MCCARTHY
Retailing

Retail big hitter McCarthy, 61, took over running Radley, the luxury
brand favoured by Pippa Middleton and Paloma Faith, last year.
The £450m acquisition of the House of Fraser group in 2014
meant a big payout for Bromley-born former chairman McCarthy,
who had a 20% stake, adding to the £135m he netted in the 2006
sale of Shoe Studio. He stays at £180m. 2016: £180m, 582=

NIGEL MORRIS
Finance

Morris chairs posh pawnbroker Borro, which loans cash to the
wealthy, but became rich from the less well-heeled as the
architect of credit card Capital One. Billericay-born Morris, 60,
sold his £136m worth of shares in 2004 and is managing partner
of investment group QED Partners, which recently poured money
into UK student lender Future Finance. 2016: £180m, 582=

JEREMY PEACE

Football

After 14 years in charge at West Bromwich Albion, Peace sold his

88% stake to a Chinese businessman last year for £175m, a

better-than-expected price for the Premier League club, which

made profits of £4.9m on £98.3m sales in 2015-16. Peace, 60,

worked in the City as head of photographic and video company

Quadrant Group and was an early investor in the UK telecoms

market in the 1980s. He has other interests. 2016: £150m, 685=

GEORGE ROBINSON

Hedge fund

Sloane Robinson saw its profits fall to £6.9m in 2015-16.

Robinson, a City fund manager, co-founded the London-based

hedge fund in 1993 with Hugh Sloane and Richard Chenevix-

Trench (both qv). Robinson, 60, has invested in two biotech

companies searching for a cancer cure.^ 2016: £180m, 582=

JOHN AND GUY SHROPSHIRE

Food and farming 2016: £165m, 626=

IAN TAYLOR

Commodities and fashion

Vitol ships 303m tons of crude oil and other products a year, with

200 vessels at sea at any one time. London-based Taylor, 61, is

chief executive of the private company, where profits rose in 2015

to $1.6bn. The Scotsman, who gave £359,000 to the official

campaign for Britain to remain in Europe, helped to rescue Harris

Tweed Hebrides in 2005. Two years later he and his wife, Tina, set

up the Taylor Family Foundation, which supports charities helping

disadvantaged children and young people. 2016: £175m, 598=

ANDREW THORPE AND FAMILY

Lighting

Thorpe, 67, chairs FW Thorpe, the lighting equipment company

founded by his grandfather. The Redditch-based group has

acquired and grown six UK businesses and has operations in

Europe, Abu Dhabi and Australia. 2016: £147m, 715=

636= £178m ■

SIR EUAN ANSTRUTHER-GOUGH-CALTHORPE AND FAMILY

Property 2016: £175m, 598=

TARSEM DHALIWAL

Frozen food

Dhaliwal, 53, joined the Iceland frozen food operation in 1985 and

was appointed finance director 10 years later. He has a holding

worth £100m in the Clwyd-based group after he and chief

executive Malcolm Walker (qv) sold a controlling stake to South

African billionaire Christo Wiese (qv) in 2015. 2016: £135m, 754=

MAX AND JANE GOTTSCHALK AND FAMILY

Finance and drinks

Gottschalk, 44, is on the board of Mayfair-based Gottex Fund

Management, founded by his father, Joachim, in the early 1990s,

and the family made £160m when it floated in 2007. His wife,

Jane, 44, runs Jax Coco, a purveyor of coconut water favoured

by Elizabeth Hurley. An employment tribunal last year ordered

them to pay more than £8,000 to a former housekeeper for

dismissing him when they found that his gay lover was staying in

their mansion without their permission. 2016: £178m, 594=

KOOLESH SHAH AND FAMILY

Hotels 2016: £130m, 766=

640= £177m ■

AARON AND TANIA HILLMAN AND FAMILY

Spirits

Scotch whisky company Angus Dundee is run by founder Terry

Hillman’s son Aaron, 52, and daughter Tania, 55 later this month.

The London-based operation bought the mothballed Tomintoul

distillery on Speyside in 2000, followed by the Glencadam malt

distillery in Brechin, Angus. Profits slipped in 2015-16 to £15.7m on

£53.3m sales but it is still a £170m business. 2016: £175m, 598=

Rich List 2017 501-750

The Sunday Times Magazine • 117

Wealthiest

refugees

1 John Christodoulou

Cyprus £1.25bn (45)

2 Sir Nadhmi Auchi

Iraq £1.175bn (47)

3 Sukhpal Singh

Ahluwalia

Uganda £310m (96)

4 Ratheesan

Yoganathan

Sri Lanka £220m (110)

5 Vipul Thakrar*

Uganda £201m (113)

6 Bakir Cola*

Iraq £200m (113)

7 Iqbal Ahmed*

Bangladesh £198m (114)

8 Lord Verjee

Uganda £165m (120)

9 Nemir Kirdar

Iraq £130m (131)

10 Woon Wing Yip*

Hong Kong £110m (139)

* Fortunes include

family wealth

LIQUID ASSET:

MAX AND JANE

GOTTSCHALK AND FAMILY

Entry 636=, £178m

The Sunday Times Magazine • 117