Rich List 2017 501-750
694= £ 160 m ■
RAJ SEHGAL AND SANJEEV MEHAN AND FAMILY
Fashion and propertyThe Sehgals own the UK franchise rights for US sandwich brand
Quiznos. The family, which made its fortune selling South Shields
fashion group Visage, is led by Sehgal, 42, and Mehan, 48 , the son
and son-in-law of company founder Mukesh. 2016: £160m, 640=MARK SHUTTLEWORTH
Internet 2016: £160m, 640=PETER STEPHENS
Travel and conferences 2016: £160m, 640=PENNY STREETER AND FAMILY
RecruitmentStreeter, 49, wants to transform one of the two 18-hole courses at
the Mannings Heath Golf Club, near Horsham, West Sussex, into
a 45-acre vineyard. Zimbabwe-born Streeter’s Sutton-based
A24 Group, which also operates in South Africa, provides more
than 100,000 hours’ work a week for healthcare professionals.
Streeter and her family own the £150m business, which made
£29.6m profit on £108.5m sales in 2014-15. 2016: £110m, 885=SHIRAZ TEJANI AND FAMILY
Paper products 2016: £140m, 734=KENNETH TOWNSLEY
Travel 2016: £160m, 640=GRAHAM WYLIE
SoftwareWylie, 57, will host the British Masters golf tournament at his
Close House course in the Tyne Valley in September. The
Hawick-born entrepreneur co-founded the Sage software
business in Newcastle upon Tyne, selling a chunk of his stake for
£116.5m when he left the operation in 2003. 2016: £160m, 640=718 £ 158 m ■
JIM MILNE AND FAMILY
Off shore services and constructionThe youngest of nine children, Milne, 76, trained as an agricultural
engineer before starting the Aberdeen-based Balmoral Group in
1980 , designing and making glass-reinforced plastic products. In
2015-16 profits hit £40.9m on £134.5m sales. 2016: £105m, 936=719= £ 157 m ■
WALTER SCOTT
FinanceScott, 70 on Saturday, founded Scott Investment Partners in
2013, having made £150m when he sold Edinburgh-based Walter
Scott & Partners in 2007. A generous donor to charity , he owns at
least seven exclusive houses in the city. 2016: £156m, 666=BRIAN AND ALAN STANNAH
LiftsStannah Lifts marks 150 years of trading this year and is run and
owned by fourth- and fifth-generation family members, led by
brothers Brian, 81, and Alan , 77. The £140m Andover-based
business initially manufactured hoists and cranes to carry cargo
for ships, before moving into stairlifts in 1975. 2016: £154m, 677=722 £ 156 m ■
ELISABETH MURDOCH
MediaRupert Murdoch’s daughter Elisabeth, 48, founded the Shine TV
production company. In 2015 a merger formed the Endemol
Shine Group, half of which is owned by Fox, part of News Corp,
parent of The Sunday Times. Murdoch and her trusts had a
stake worth £151m in Shine, best known for shows such as
MasterChef. She is founder and chairwoman of Freelands Group,
which invests in technology companies. 2016: £160m, 640=723= £ 155 m ■
ANDREW BLACK
GamblingBlack, 54 on Saturday, co-founded London-based Betfair with Ed
Wray (qv) in 2000. The online betting exchange floated and later
merged with Paddy Power to form a group with a market cap of
nearly £7bn. Black sold a £97.5m holding in 2015 and has a stake
worth £19.8m in the combined operation. 2016: £165m, 626=TOMMY DREELAN AND FAMILY
Oil services 2016: £172m, 610=JOHN GRIFFIN AND FAMILY
TransportCo Mayo-born Griffin, 74, and Daryl Foster (qv) founded London
taxi firm Addison Lee in 1975. Now retired from the business after
its £300m sale to a US private equity group in 2013, Griffin has
been heavily involved in charity work and property development ,
making £30m profit on a London project. 2016: £165m, 626=STEPHEN AND PAUL HARRISON
ConstructionHarron Homes, the Leeds-based firm run by Harrison brothers
Stephen, 47, and Paul, 45, has had a good year, with sales jumping
55% to £145m and profit up to £21.3m. 2016: £103m, 985=JAMES AND SELINA HOPKINS
Construction 2016: £150m, 685=With Apple’s creative genius set to unveil
the eighth incarnation of the iPhone this
year, the 10th anniversary of its launch,
industry experts say the Chingford-born
designer has slipped into the company
role once occupied by the late Steve Jobs
as “master collaborator and thinker”.
A string of bestsellers including the
iPod, iPhone and iPad has emerged from
the secretive studio where Ive, 50, designs
to a techno soundtrack. Few beyond his
long-serving core team have access —
and that includes his wife of almost 30
years, Heather Pegg, and their twin sons,with whom he relaxes at home by
“drawing and making things”. Although
US-born, the boys still say “aluminium”
the British way, like their father.
The Newcastle Polytechnic graduate
was a product designer in London’s
Hoxton Square when he was lured to
California by Apple in 1992. Five years
later, at 29, he was promoted to senior
vice-president of industrial design. Details
of his pay are not made public, but
salaries, stock options and property —
including a $17m San Francisco home —
take him to £157m. 2016: £152m, 681=719= £ 157 m £ 5 m ▲
SIR JONATHAN IVE
ComputersJOHN GRIFFIN AND FAMILY
Entry 723=, £155m
DARYL FOSTER
Entry 793=, £140mAt the core: Jonathan Ive
attracts attention at the
opening of Apple’s fl agship
store in San Francisco122 • thesundaytimes.co.uk/richlist