The Sunday Times Magazine – 7 May 2017

(Ron) #1

Rich List 2017 Billionaires


81 £ 1.58bn No change ■
ROBERT MILLER AND PRINCESS MARIE-CHANTAL
AND FAMILY
Duty-free shopping, fashion and fi nance

Miller, 83, co-founded the Hong Kong-based Duty Free Shoppers
chain with Alan Parker (qv) in 1960, specialising in airport shops.
The French group LVMH bought a controlling interest in 1998 and
Miller retains a 38.75% stake. Born in America, he is a British
citizen and owns a home in London and a 36,000-acre North
Yorkshire shooting estate. His daughter Marie-Chantal, 48, the
crown princess of Greece, founded an eponymous international
children’s clothing brand in 2000. 2016: £1.58bn, 65

82= £ 1.514bn £ 614 m ▲
HENRI BEAUFOUR
Pharmaceuticals

Beaufour, 52, and his sister Anne own 58% of Ipsen, France’s
second largest pharmaceuticals firm. Its shares have had a good
run and the Paris-headquartered operation is worth £5.14bn. It
was founded by their grandfather in 1929 and the siblings sit on
the board. We assume that Beaufour, who has a home in London
and is a director of UK education charity the Alasol Charitable
Foundation, has half the family stake. 2016: £900m, 126=

82= £ 1.514 bn £ 14 m ▲
JOHN CAUDWELL
Mobile phones

Birmingham-born Caudwell, 64, is backing Unshackled.com, a
website allowing customers to convert phones on payment plans
to Sim-only contracts. He netted £1.24bn when he sold his
Staffordshire-based Phones4U in 2006 and another £100m
when it was sold again. Property development is now his main
business interest. He owns a 16th-century manor in Staffordshire
and has planning permission to transform a Mayfair car park into
flats that could be worth £2bn. His Caudwell Children charity
spent £5m on worthy causes last year. 2016: £1.5bn, 67=

84= £ 1.5bn No change ■
ADAM FLEMING AND FAMILY
Finance

Fleming Family & Partners, represented here by Fleming, 69 next
Monday, managed the affairs of 40 wealthy families, including the
Fleming banking dynasty, before merging with its London rival
Stonehage in 2015 to become Stonehage Fleming. The merger
created the biggest independent multifamily office in Europe, the
Middle East and Africa, advising on more than $40bn of assets.
When Chase Manhattan bought the Robert Fleming merchant
bank in 2000 the family received £1.4bn. 2016: £1.5bn, 67=

84= £ 1.5bn No change ■
POJU AND ANITA ZABLUDOWICZ
Property and hotels

The 3,000-piece Zabludowicz art collection in Chalk Farm, north
London, belongs to Helsinki native Zabludowicz, 64, and his
Newcastle-born wife, Anita, 56, who was appointed an OBE in the
2015 new year honours for services to the arts. Zabludowicz ’s
Polish Holocaust survivor father, Shlomo, built the family business
around the Israeli defence contractor Solta, later diversifying its
interests into property and hotels. Israeli police have reportedly
investigated Zabludowicz’s connections with Binyamin
Netanyahu, the country’s prime minister. 2016: £1.5bn, 67=

86= £ 1.48bn £ 50 m ▲
EDDIE AND MALCOLM HEALEY
Property and kitchens

Malcolm Healey, 72, still displays the Midas touch that he and his
brother Eddie, 79, have shown throughout their long careers.
Malcolm’s West Retail Group, which includes Wren Kitchens and
the electronics retailer Ebuyer, enjoyed a record year in 2015,
with sales soaring to £446.2m. He sold his US operation Mills
Pride for £800m, and lives on a huge East Yorkshire estate. Eddie

Billionaires share 63.6% of Rich List wealth


There are a record 134 billionaires in the 2017 UK Rich List, worth a total of
£418.817bn. They account for 63.6% of the wealth of the 1,000 richest people in
Great Britain and Northern Ireland

DIVISION OF UK WEALTH 2017
The total wealth of the richest 1,000 people is £658.11bn

WHAT IT TAKES TO GET INTO THE RICH LIST


TOTAL WEALTH OF STERLING BILLIONAIRES IN THE UK AND IRELAND


UK billionaires Top 135-250 Top 251-500 Top 501-750 Top 751-1,000
£418.817bn £79.249bn £82.289bn £45.993bn £31.762bn

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017


£2.25bn


£2bn


£1.75bn


£1.5bn


£1.25bn


£1bn


£0.5bn


£0.25bn


£0


400


350


300


250


200


150


100


50


£0bn


£176.253bn

£212.972bn

£103.976bn

£150.307bn

£208.785bn

£216.841bn

£251.917bn

£309.544bn

£337.142bn

£355.033bn

£432.822bn

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42 • thesundaytimes.co.uk/richlist

Entry point to UK
Rich List Top 50

Entry point to UK
Rich List Top 100
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