Rich List 2017 251-500
245= £ 500 m £ 20 m ▲
CASPAR MacDONALD-HALL AND FAMILY
Property 2016: £480m, 243=245= £ 500 m No change ■
MEL MORRIS
Games and internetFormer flooring salesman Morris enjoyed a £450m payday with
the sale in late 2015 of King Digital Entertainment, the games
maker co-founded by Riccardo Zacconi and Sebastian Knutsson
(both qv) that developed the Candy Crush Saga. Morris, 61, is also
chairman of Derby County football club. 2016: £500m, 228=245= £ 500 m £ 30 m▼
STEN MORTSTEDT AND FAMILY
Property 2016: £530m, 220=245= £ 500 m No change ■
LEO NOÉ AND FAMILY
PropertyNoé ran asset manager F&C Reit, which was partially taken over
in 2014 by the Bank of Montreal in a £708m deal. It was renamed
BMO Real Estate Partners, but he has remained chairman. Sales
of shopping centres and retail parks in 2004 -05 netted
London-based Noé, 63, £137m profit. 2016: £500m, 228=245= £ 500 m No change ■
TONY TABATZNIK AND FAMILY
Pharmaceuticals 2016: £500m, 228=245= £ 500 m New entry ★
SIR DAVID AND LADY TANG AND FAMILY
Fashion and restaurants See panel, page 67ADVERTISING
SUPERMARKET:
SIR MARTIN SORRELL
Entry 258, £495m262= £ 475 m £ 50 m ▲
ANDREW LAW
Hedge fundHollywood A-lister Orlando Bloom
conducted workshops at Cheadle
Hulme High School in January to
mark the launch of the Laurus
Trust, a chain of new free schools in
the northwest of England sponsored
by former pupil Law, the chairman
and main shareholder in New York
hedge fund Caxton Associates.
Caxton, with about £7.9bn under
management, had a tough 2014 but
profits doubled to £15.8m on £51.8m
sales in 2015. Law, 50, is a former
Goldman Sachs trader who backed
the “remain” side in the EU vote
with a donation of £200,000. A
Manchester City fan, he owns the
LS Lowry painting Manchester City
vs Sheffield United.
With his wife, Zoe, 42, a former
make-up artist, he founded
the Law Family
Education Trust
and Law Family
Charitable
Foundation,
supporting other
educational
initiatives.
2016:
£425m,
268=258 £ 495 m £ 100 m ▲
SIR MARTIN SORRELL
AdvertisingSorrell, 72, a former Saatchi & Saatchi finance director, turned
WPP from a small maker of supermarket baskets into the world’s
largest advertising group. After a £21.4m donation of shares in
2015 to his charitable foundation he retains a WPP stake worth
£385m, up £83m on last year. He was named British chief
executive of the year by Harvard Business Review in October.
Shareholders have questioned his pay, but asked to defend his
£70m package last year, he said: “I’m not embarrassed about the
growth of the company from two people in one room in Lincoln’s
Inn Fields in 1985 to 190,000 people in 112 countries and a
leadership position in our industry .” 2016: £395m, 288259= £ 490 m £ 80 m ▲
AIDAN BROOKS
PropertyFormer television aerial installer Brooks, 47, owns a range of
properties on prime retail sites in Los Angeles, New York, Paris
and the West End of London. Two years ago, the Limerick-born
developer took full control of 100 shops worth £1bn in
Knightsbridge, Bond Street and Spitalfields. Through
refurbishment and refinancing a block opposite Selfridges
department store in Oxford Street over the past two years,
Brooks has put away £150m for his family. 2016: £410m, 277=259= £ 490 m £ 50 m▼
THE SHEPPARD FAMILY
Scrap metalWarrington-based European Metal Recycling was founded by the
late Phillip Sheppard, who was known as “the god of metal
recycling”. His son Chris heads the operation, which made a
£56m loss in 2015. The metal industry has been hit hard
recently and although the company has £718m of net assets, we
clip its value to £450m. The Sheppards own all of the business
and we add £40m for other interests. 2016: £540m, 215=261 £ 480 m £ 100 m▼
MICHAEL OLIVER AND FAMILY
EngineeringOliver Valves, Europe’s largest privately owned valve maker for
the petrochemical, power and mining industries, has three
branches: Oliver Valves, Oliver Valvetek and Oliver Twinsafe.
Combined profits hit £15.2m in 2015 and they are worth £370m.
Knutsford-based Oliver, 78, has a collection of vintage machines ,
including a replica Spitfire aircraft. 2016: £580m, 205=262= £ 475 m No change ■
PETER JONES
Telecoms and investmentThe next recipient of business advice from Jones could well be
Holly Willoughby: the presenter of This Morning has set up
interior design venture Truly Group with Tara Capp, Jones’s other
half. The Berkshire-born entrepreneur has been a panellist in all
14 series of BBC’s Dragons’ Den. In recent years Jones, 51, has
made £87m from sales of his companies. In 2014 he acquired
telecoms interests that he merged into the £250m Brandpath
group. Jones has properties in Barbados, Switzerland and
Portugal, plus British assets worth £160m. 2016: £475m, 246=264= £ 470 m No change ■
SIR RONALD HOBSON
PropertyHobson, 96, teamed up with Sir Donald Gosling (qv) after the
Second World War to build car parks on bombsites in London
and elsewhere. In 1998 they sold parent company National
Parking Corporation, collecting £290m each , and in 2004-05
divested themselves of other property operations for £189m,
with Hobson making £97m. He was knighted in 2006. His Hobson
Charity had £51.5m net assets in 2015-16. 2016: £470m, 248=CRISTINA STENBECK
Entry 273, £457mCONTINUED FROM PAGE 71
78 • thesundaytimes.co.uk/richlist