453= £ 250 m £ 5 m ▲
LUKE JOHNSON
FinanceJohnson, 55, bought Brighton pier last year for £18m and then
renamed it Brighton Palace Pier, the word “Palace” having been
dropped by its previous owner, the Noble family (qv). A Sunday
Times Business columnist and former City analyst, Johnson has
been a serial investor since 1983 when he and Hugh Osmond (qv)
bought PizzaExpress for £8m. His latest success is Patisserie
Holdings, the parent company of cake maker Patisserie Valerie,
which floated in 2014 and is worth £364m. Johnson sold £46m of
shares in the float and retains a £128m stake. 2016: £245m, 434453= £ 250 m £ 68 m ▲
STEVE PARKIN
LogisticsLeeds-based Clipper Logistics was founded in 1992 by Parkin,
56, who left school with no qualifications and later worked as a
miner. The business, which helps retailers manage returns,
floated in 2014 and shares have jumped nearly 300%, valuing
Parkin’s stake at £120m. He has a £30m holding in a venture to
build a huge office complex in Leeds. 2016: £182m, 577=453= £ 250 m £ 5 m▼
DAVID REISS AND FAMILY
FashionThe Duchess of Cambridge, right, helped change the fortunes of
London-based fashion label Reiss when interest in the dress she
wore to meet the Obamas in 2011 caused its website to crash.
Three years earlier it was in the red, then profits surged to £16.8m
on record sales of £145.3m in 2015-16. The private equity group
Warburg Pincus took a majority stake in a deal said to value the
brand at £230m. Reiss, 74 next Monday , admits the wife of the
future king has aided his company’s revival. 2016: £255m, 410=453= £ 250 m No change ■
RASHID AND AZIZ TAYUB AND FAMILY
Discount stores and propertyLeicester brothers Rashid, 68, and Aziz, 61, took control of
discount retailer Poundstretcher in 2007 after South African
mogul Christo Wiese (qv) failed to make it a success. Today the
operation has 400-plus stores. Last year, profits were £2.4m on
£429.5m sales, down slightly on 2015, but the two main parent
companies showed net assets of £214m. 2016: £250m, 418=453= £ 250 m New entry ★
ALAN TRIBE
RetailingBritish-born Tribe, who moved to Australia in the 1980s, held the
Ikea franchise in Adelaide and Perth through his Cebas company
until February, when he sold it to the Swedish furniture group for
A$170m (£106m). The business had annual revenues of A$300m.453= £ 250 m £ 50 m ▲
CHARLES WILSON
Cash and carryBooker’s chief executive has much to gain from Tesco’s planned
£3.9bn takeover of the Wellingborough wholesaler. If it goes
ahead, Wilson, 51, will receive £46.1m for his stake , plus a £180m
Tesco holding. A year ago his share in Booker was worth £177m.
Wilson made £10m in 2002 by reviving the Arcadia retail outfit
owned by Sir Philip and Lady Green (qv). 2016: £200m, 515=453= £ 250 m £ 40 m▼
ED WRAY
GamblingFormer JP Morgan banker Wray, 49, set up online betting
exchange Betfair with professional gambler Andrew Black (qv),
floating it in 2010. Last year Betfair merged with Irish group Paddy
Power and we assume Wray sold his stake. 2016: £290m, 364=472 £ 248 m £ 7 m▼
HUGH OSMOND
Hospitality and insuranceOsmond, 55, made £20m from the takeover of PizzaExpress with
Luke Johnson (qv), whose former Strada chain Osmond bought
in 2014. He earlier moved into pubs. Shares from Punch Taverns
and the sale of Spirit group add £100m. 2016: £255m, 410=473= £ 243 m £ 7 m▼
JOHN APTHORP AND FAMILY
Food and wineWatford-based Majestic Wine announced a profits warning in
September that drained 25% of the value from the retailer’s
shares. Apthorp, 82, whose family made £70m from the sale of
the Bejam frozen food operation , built Majestic, and the family
and its trusts have a £32.5m holding. 2016: £250m, 418=Rich List 2017 251-500
The oldest rockers in town know as much
about making millions as they do about
making music. Childhood friends Sir Mick
Jagger and Keith Richards, both 73, spent
2016 touring the US and South America.
Proving you can always get what you want if
you keep rolling, the America Latina Olé tour
out-earned Beyoncé, with 14 shows averaging
£7.5m each — a total take at the box office of
about £100m. Moreover, the Stones were paid
£8.4m for a show at Desert Trip in California,
a festival for wealthy rock fans.
Last year, then, was a big one, with a new
baby in December for Jagger (his eighth) and
record sales for the band’s new album, Blue &
Lonesome; their first new LP for more than a
decade sold 100,000 copies in a week. Also
good news for the iconic musicians- cum-
national treasures is the jumpin’ jack
flash-value of their post-1970 back catalogue
after a European Commission ruling to extend
copyright protection from 50 years to 70.
2016: £235m, 448= / £220m, 460=453= £ 250 m / 485= £235m £ 15 m ▲
SIR MICK JAGGER AND KEITH RICHARDS
MusicDRESSED FOR SUCCESS:
DAVID REISS AND FAMILY
Entry 453=, £250mRISING TIDE:
LUKE JOHNSON
Entry 453=, £250m106 • thesundaytimes.co.uk/richlist