The Sunday Times Magazine – 7 May 2017

(Ron) #1
349 £ 340 m £ 20 m ▲
SIR ROCCO FORTE AND OLGA POLIZZI AND FAMILY
Hotels

Brexit backer Forte, 72, is the owner of some of the world’s best-
known hotels, including Brown’s in London and the Balmoral in
Edinburgh. Alex, the daughter of his sister Olga Polizzi, presents
The Hotel Inspector series on Channel 5. 2016: £320m, 339=

350= £ 337 m No change ■
JAMIE COOPER
Divorce

The US-born ex-wife of top hedge funder Sir Chris Hohn (qv) has
served on boards channelling money to worthy causes for the UN
and Coutts. She was awarded a £337m divorce settlement. She
married Hohn in 1997 and the pair co-founded the Children’s
Investment Fund Foundation charity, which has assets of £3.66bn.
Cooper, 52, tops this year’s Giving List. 2016: £337m, 325

350= £ 337 m £ 7 m ▲
WILLIAM PARENTE AND FAMILY
Inheritance 2016: £330m, 328=

352= £ 335 m £ 10 m ▲
STEVEN LAMPRELL
Oil services 2016: £325m, 333=

352= £ 335 m £ 5 m ▲
THE MARQUESS OF SALISBURY
Property and art

Salisbury, 70, and his family own Hatfield House in Hertfordshire,
which has paintings worth £150m, and Cranborne Manor estate
in Dorset. Salisbury’s main farming company, Gascoyne Cecil

Farms, and four others had £12 m net assets in 2015-16. Gascoyne
Estates and a partner sold a City office block in 2015 for £34m
and a London cinema in 2014 for £23m. 2016: £330m, 328=

354= £ 334 m £ 64 m ▲
LORD AND APURV BAGRI
Metals

Minmetco, the main British company of the Bagri family, showed
£242m net assets in 2014-15, up from £177m last year. The trader
was a member of the London Metal Exchange, which was sold for
about £1.38bn in 2012, producing a £138m windfall for Bagri, 86,
and his family, including son Apurv, 57. 2016: £270m, 389=

354= £ 334 m £ 34 m ▲
NICK LESLAU
Property

At 27 Leslau became head of property group Burford, which he
built into a £1.2bn company with Nigel Wray (qv). He has a £91.7m
stake. Last year Leslau, 57, from Cricklewood, northwest London,
acquired 55 Travelodge hotels. He and Wray’s property concerns
had £149 m net assets in 2014-15. 2016: £300m, 350=

356 £ 331 m £ 21 m ▲
ELIASZ ENGLANDER AND FAMILY
Property 2016: £310m, 343=

357= £ 330 m No change ■
JOHN DUFFIELD AND FAMILY
Finance

London-based Duffield, 77, sold his Jupiter Tyndall investment
firm in 2005, making £185m, then later sold £110 m worth of
shares in New Star Asset Management. In 2009 the remaining
New Star stake was sold in a £115m deal. He has a £29m holding
in the separate New Star Investment Trust. 2016: £330m, 328=

357= £ 330 m No change ■
JEREMY HOSKING
Finance

Hosking, 58, owns eight locomotives and named one the “Brexit
Express” during last summer’s referendum campaign to go with a
donation of nearly £1.7m to the “leave” side. He co-founded
hedge fund Marathon Asset Management with William Arah and
Neil Ostrer (both qv) and later formed Hosking Partners, but in a
legal tussle last year had to forfeit £10.4m in Marathon profits
over the way he set up his rival operation. Earnings from his new
business offset this so we keep Hosking, an investor in Crystal
Palace football club, at £330m. 2016: £330m, 328=

357= £ 330 m £ 5 m ▲
ADAM, SAMUEL AND JONATHAN KAYE AND FAMILY
Restaurants

The London-based Kaye family has made its money from
restaurants. Philip and his late brother Reginald started Wimpey
franchises and chains including Deep Pan Pizza. Philip’s sons
Adam, 48, and Sam, 45, founded the Ask brand, selling it in 2004
to PizzaExpress. Philip also had a 44% stake in Prezzo, run by his
nephew Jonathan, 38. It was sold in 2015, serving up a £173m
family windfall. Property firms add £59m. 2016: £325m, 333=

357= £ 330 m £ 5 m ▲
LAURENCE KIRSCHEL
Property

Kirschel’s Consolidated Group prides itself on its regeneration of
Soho in London. Its portfolio includes the Soho hotel and the 100
Wardour St restaurant. Kirschel, 54, set up the operation in 1983
with just £5,000 capital. We can now see nearly £260m net
assets in the 2015 accounts of Consolidated Developments and
Kirschel’s other interests. He owns a Hampstead mansion called
Sarum Chase that featured as Cruella de Vil’s house in Disney’s
1996 film adaptation of 101 Dalmatians. 2016: £325m, 333=

Rich List 2017 251-500


Rain clouds have gathered over
Bodenland, the middle-class idyll of
Boden’s online fashion empire, where the
sun seemed for ever to shine. Boden’s
profits fell by about a third in 2015, amid
murmurings on Mumsnet that Boden
comes over a tad — whisper it — smug in
austere times. The London firm blames an
“increasingly competitive” environment.
Old Etonian Boden, a failed stockbroker,
found a hole in the market when he started

his catalogue in 1991, before doormats
heaved with sales pitches to the middle
class. He has had a good run. Peaking in
the past at £600m, Boden is down to
£347m, with the family’s stake valued at
£310m and £37m in other wealth.
The Bodens divide their time between a
west London home (an easy cycle to the
Hangar Lane headquarters, Jack Russell
in the basket) and a Dorset hamlet bought
for £4.24m in 2005. 2016: £410m, 277=

342= £ 347 m £ 63 m ▼
JOHNNIE BODEN AND FAMILY
Fashion and mail order

IN NUMBERS

TIM MARTIN
Entry 363=, £322m
2016: £254m, 414

32
consecutive years of
growth in annual sales

200,000
Brexit-backing beer
mats printed by Martin

476.1m
pounds paid in VAT
and alcohol duty in
2015-16

1.6bn
pounds turnover of J D
Wetherspoon’s pubs

92 • thesundaytimes.co.uk/richlist
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