The Sunday Times Magazine – 7 May 2017

Rich List 2017 501-750

501 £ 228 m ■

DANNY HILL

Property and investment 2016: £183m, 575=

502 £ 227 m ■

CLIFF COOK

Care homes and milk 2016: £144m, 729

503= £ 225 m ■

DUNCAN BANNATYNE

Fitness clubs and hotels

A former panellist on the BBC’s Dragons’ Den , Bannatyne left

school at 15 and after a spell in the navy bought an ice-cream van,

before focusing on property, care homes and a nursery chain. His

gyms made £11.2m profit in 2016 and his Darlington-based hotels

operation £1.2m in 2015. Bannatyne, 68, is expected to marry his

fiancée, Nigora Whitehorn, 37, this year. 2016: £200m, 515=

STEPHEN AND PETER BOND

Aviation

Derbyshire aviation operation AIL (Airline Investments Limited)

was formed in 2015 after Bond brothers Stephen, 67 tomorrow,

and Peter, 55, merged BMI Regional and Glasgow airport-based

Loganair. The siblings sold Bond Aviation, their Gloucestershire

helicopter business, for £275m in 2011. 2016: £225m, 457=

EWAN KIRK

Hedge fund 2016: £225m, 457=

506 £ 224 m ■

SIR JOHN RITBLAT AND FAMILY

Property

Ritblat, 81, and his son Jamie, 50, built the London property group

Delancey Estates, which in 2015-16 had assets of £42m. Ritblat

was chairman of British Land from 1970 to 2006 and sold most of

his stake for £57m. The sep arate family operation Creditincome

is now worth £48.4m, up £17.8m in a year. 2016: £180m, 582=

507= £ 223 m ■

VISCOUNT ASTOR AND FAMILY

Property and retailing 2016: £210m, 491=

The Rich List interview, page 68

THE SHEPHERD FAMILY

Construction

York-based Shepherd Building Group has completed such

projects as the Sky Plaza in Leeds and Liverpool’s City Square

development. It sold its construction arm two years ago and

focuses on its Portakabin modular-building business. The main

family-owned firm is worth its £18 3m net assets, to which we add

£40m for the 2015 sale and other wealth. 2016: £253m, 415=

ROSS TURNER

Hedge fund 2016: £190m, 557=

510 £ 222 m ■

NEIL UTLEY

Insurance

Utley, 55, made £13m from the 2006 sale of Equity Insurance

before turning around the Bexhill-on-Sea-based insurer Hastings

Direct, netting £135m when 50% of the business was sold to

Goldman Sachs ahead of a £1.1bn float in 2015. The shares have

done well recently and with the operation valued at £1.55bn, Utley

is likely to reduce his stake, which is worth nearly £103m. He

bought David Beckham’s (qv) Hertfordshire mansion, dubbed

“Beckingham Palace”, for £11.4m in 2014. 2016: £192m, 553=

511= £ 221 m ■

ERIC GADSDEN

Property 2016: £212m, 486=

TIM PARKER

Entry 511=, £221m

RATHEESAN

YOGANATHAN

Entry 513=, £220m

TIM PARKER

Investment

Parker, 61, started his career at appliance manufacturer Kenwood

in 1989. Over the next 20 years he turned around companies

including the AA and Clarks shoes, making about £77m in the

process. He moved to luggage group Samsonite and floated it on

the Hong Kong stock market in 2011. The Hampshire resident has

a £149m stake , having sold £31m worth of shares in the float, and

remains its non-executive chairman. He is head of the National

Trust and owns the British Pathé film archive. 2016: £185m, 564=

513= £ 220 m ■

DAVID BABAI

Travel 2016: £220m, 460=

SIR RONALD COHEN AND SHARON HAREL

Finance and fi lms 2016: £220m, 460=

CHRIS LEVETT

Hedge fund

Levett, 47 , launched Clive Capital hedge fund in 2007. It closed in

2013 but its highest-paid member received £292m over that

period. We assume this was Levett, who returned to his roots at

Mayfair-based Moore Capital but left again last year. He owns

archaeology magazine Minerva, two restaurants in France and

has a £4m stake in travel money firm FairFX. 2016: £219m, 473

JOSIE ROWLAND AND FAMILY

Inheritance 2016: £220m, 460=

DANNY SAWRIJ

Waste services 2016: £200m, 515=

TERRY SMITH

Finance

A noted City pugilist, both in business and previously in the

boxing ring, Smith, 64 next Monday, sank £115m into his Fund smith

investment operation last September. He grew up in the East End

and later graduated from Cardiff University. His route to wealth

came when he led the management buyout of the Collins Stewart

broking firm for £122m, with the company growing to be worth

£1.7bn , and went on to run Tullett Prebon. 2016: £127m, 796=

RORY SWEET

Computers

Cotswolds-based IT entrepreneur Sweet, 50, owns the

20,000-acre Leobo private reserve in South Africa. He made

more than £220m from selling stakes in Zycko, RBR Networks

and MessageLabs , and in 2015 spent £38,000 on a 39ft Russian

rocket as the ultimate garden ornament. 2016: £220m, 460=

RATHEESAN YOGANATHAN

Telecoms

After fleeing civil war in his native Sri Lanka, Yoganathan, 41,

launched the London telecoms company Lebara in 2001, selling

international phone cards. It has more than 5m customers and he

owns a third of its shares. With profits down but assets still strong

at £118.5m we clip Yoganathan by £20m. 2016: £240m, 437=

521 £ 218 m ■

LORD ALLI

Media

Alli, 52, owns London-based Silvergate Media but made his first

fortune running the Planet 24 TV business. He remains a director

and co-owner of Paul O’Grady’s production company and has a

£33m stake in Castaway Television Productions. Croydon-born

Alli is former chairman of online retailer Asos. 2016: £201m, 514

522 £ 217 m ■

DAI AND RICHARD WALTERS

Construction and mining

Walters, 72, has companies with interests ranging from plant hire

and civil engineering to demolition, property and car dealing. He

WEDDING BELLS:

DUNCAN BANNATYNE

Entry 503=, £225m

110 • thesundaytimes.co.uk/richlist