Rich List 2017 751-1,000
815= £ 137 m ■
MICHAEL CONWAY AND FAMILY
Construction 2016: £120m, 831=ARAN AND ARVAN HANDA AND FAMILY
HotelsBrothers Aran, 61, and Arvan, 64, own 31 hotels through their
Newcastle upon Tyne-based Cairn Group, including Harrogate’s
Majestic and Co Durham’s Redworth Hall. Its parent showed
£93.6m assets in 2015-16 and there are nearly £110m more in
the siblings’ largest five companies. 2016: £128m, 792=MICHAEL YARROW AND FAMILY
Pharmaceuticals 2016: £105m, 936=818 £ 136 m ■
MARY THERESA BARRY
Finance 2016: £136m, 752=819= £ 135 m ■
SIR ROD ALDRIDGE
Business servicesBrighton-born Aldridge, 69, helped local authorities put services
out to tender through Cipfa, the public finance accountants’
professional body. He led a buyout and renamed it Capita, leaving
the board but retaining a £30m stake. His London-based Aldridge
Wealth operation is a small-business incubator that also invests
in property and fixed-income products. 2016: £130m, 766=LADY NINA BRACEWELL-SMITH AND FAMILY
Football and hotels 2016: £135m, 754=PHIL CRONIN AND FAMILY
BingoCronin, 53 later this month, belongs to a Sunderland family
whose involvement with the bingo business dates back more
than 50 years. He founded Tombola.com, the UK’s biggest
online bingo operator, and the £110m company made £11.9m
profit on £59.5m sales in 2015-16. 2016: £130m, 766=MICHAEL FREEMAN
Energy services New entryERIC GROVE
Property 2016: £135m, 754=RICHARD HIGHAM
Oil and gas services 2016: £140m, 734=MIKE LUCKWELL
Media 2016: £135m, 754=DAME NATALIE MASSENET
FashionThe world’s Fashionistas are on the edge of their front-row seats
about what Massenet’s next project may be. Her new company is
called Imaginary Ventures, but little is known about what it will do.
The Los Angeles-born former fashion editor and Tatler journalist
is best known for founding the online retailer Net-a-Porter in 2000
from a Chelsea flat, where her bath served as a stock cupboard.
Massenet, 52 on Saturday, sold a £50m stake in the operation to
the Swiss group Richemont in 2010 but reinvested £15m in the
business, making an £85m profit when she sold the holding in
spring 2015. She was made a dame in the 2016 n ew y ear h onours
and chairs the British Fashion Council. 2016: £135m, 754=
Women entrepreneurs, page 52SIMON MORAN
MusicTo hear that legendary concert promot er Moran, 51, described as
the “most influential music executive of the Noughties”, would be
co-managing another bestselling act in 2016 would surprise few
in the industry. To hear it was Rick Astley would. After 23 years
in retirement, the Never Gonna Give You Up singer topped the
charts with his comeback album and Moran promoted his recentUK tour. Moran’s Manchester-based SJM Concerts co-owns the
V festival and T in the Park, put ting on about 2,000 gigs a year. Its
assets increased to nearly £33m in 2015. 2016: £125m, 799=NEIL MORGAN AND FAMILY
Property and electronics 2016: £120m, 831=SHARAN PASRICHA
HotelsIndian-born entrepreneur Pasricha took over the Gleneagles golf
resort in July 2015 in a deal said to be worth up to £200m. Since
1924 the five-star venue in Perthshire has hosted the Ryder Cup
and G8 summits, and is home to Scotland’s only restaurant with
two Michelin stars. Pasricha, 36, also owns the Hoxton chain of
boutique hotels, two of which are in London, and his Ennismore
International Management firm is worth £40m. He is married to
the daughter of Indian telecoms tycoon Sunil Mittal. New entryCHRIS REA
Engineering 2016: £120m, 831=MICHAEL WRIGHT AND FAMILY
TravelFounded by former bank clerk Wright in 1983, Burton-on-Trent-
based Riviera Tours primarily operates excursions, river cruises
and short breaks. Phoenix Equity Partners took a majority stake
in 2014 through a deal valued at up to £130m. Wright, 60, retains
a “significant” share and remains on the board. Assets in Buster
Jimmy, the company that receives the family’s dividends from its
remaining stake, stood at £123.7m in 2015. 2016: £125m, 799=832 £ 134 m ■
SIR ANISH KAPOOR
ArtMumbai-born artist Kapoor, 63, who came to the UK in the 1970s,
bought a £10.6m property in 2016 at 56 Leonard Street, the New
York skyscraper likened to a Jenga t ower. He is best known for
the Orbit sculpture in London’s Queen Elizabeth Olympic Park.
His White Dark company has paid £23m in dividends in the past
seven years and he owns a Chelsea home. 2016: £130m, 766=833= £ 133 m ■
WILF CORRIGAN
Computers 2016: £130m, 766=CHRISTOPHER DUNCAN
Household goodsChard-based Numatic International is best known for the
endearing features of Henry the vacuum cleaner. Founded in
1969, it makes at least 4,000 products a day. Duncan, 77, once
reflected with some pride on Henry and its siblings, including
Hetty and Charles , that there were “seven million of the little
buggers out there”. The company expanded in the 1990s, setting
up operations in France and South Africa. 2016: £103m, 985=835= £ 132 m ■
CHRIS AND CHRIS EDWARDS
Discount storesEdwards, 66, was born into a “fairground family” and worked on
the markets during the winter off-season. He began Poundworld
in 1974 as a Wakefield market stall selling household goods and it
now has more than 300 stores stocking 10,000 pr oducts. His son
Chris Jr, 34, began working alongside his father at 15. The family
sold a majority stake for £150m in 2015. 2016: £130m, 766=DAVID KAHN AND FAMILY
Flooring 2016: £130m, 766=837= £ 131 m ■
LEWIS HAMILTON
Motor racing See panel, page 133HAMISH OGSTON
Business services 2016: £120m, 831=Changing the
way we live
1 Sir James Dyson
and family
Dyson
£7.8bn (10)2 Denise, John
and Peter Coates
Bet365
£5bn (24)3 Mark Scheinberg
PokerStars
£3.698bn (30)4 Teddy Sagi
Playtech
£2.547bn (35)5= Mike Cannon-
Brookes
Atlassian
£1.726bn (39)5= Scott Farquhar
Atlassian (above)
£1.726bn (41)7 John Caudwell
Phones4U
£1.514bn (42)8 Lord Sugar
Amstrad
£1.25bn (45)9 Simon Nixon
Moneysupermarket
£1.176bn (47)10 Sir Terry Matthews
Newbridge Networks
£1.17bn (4 8)11 Niklas Zennstrom
Skype
£1.005bn (50)12 Sir Charles Dunstone
Carphone Warehouse
£946m (54)13 Mo Ibrahim
Mobile Systems
International
£904m (54)14 David Ross
Carphone Warehouse
£803m (56)15 Sir David McMurtry
Renishaw
£738m (58)The technology, online,
mobile and digital leaders130 • thesundaytimes.co.uk/richlist