Feb
2010
Articles from 4th Feb 2010
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30 (31) Peter Horton £185m (£195m)
Feb 04 2010 | Rich List 2010
Peter Horton, aged 40, now leads the Horton family as deputy chairman on the board of Birmingham-based Horton Estates. Read
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40. (34) Jim Leavesley £95m (£150m)
Feb 04 2010 | Rich List 2010
Much of the Leavesley family wealth comes from property – in particular a hefty stake in Simon Clarke’s St. Modwen Group, which has taken a recession-fuelled financial hit over the last year or so. Read
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26 (26) Sir Paul Smith £260m (£250m)
Feb 04 2010 | Rich List 2010
Sir Paul Smith famously despises debt, and believes in growing his fashion business from its own resources. Read
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=41. (42) Ozzy Osbourne and Family £90m (£110m)
Feb 04 2010 | Rich List 2010
It’s been a good year for Brum’s favourite rocker, Ozzy Osbourne. Not only has he been touring and selling more records, but he also has a new TV series and has passed his driving test at the 19th attempt. Read
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31 (27) Simon Clarke £180m (£250m)
Feb 04 2010 | Rich List 2010
Simon Clarke’s regeneration specialists St Modwen have taken a battering as the construction and property markets turn down. Plummeting land and property values have taken a big bite out of the Clarke family’s 28.3 per cent stake. Read
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20 (13) Sir Peter Rigby £330m (£520m)
Feb 04 2010 | Rich List 2010
Profits at Sir Peter Rigby’s Birmingham-based Specialist Computer Holdings fell from £14.5 million to £3.2 million in 2007-8, on sales of more than £2 billion. Read
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= 17 (20) Steve Morgan £350m (£400m)
Feb 04 2010 | Rich List 2010
In these tough times for the construction industry it’s hard to believe that anyone would fight hard to get back into house-building. Read
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= 27 (25) Tony Wilkinson £240m (£280m)
Feb 04 2010 | Rich List 2010
Tight margins in the high street have taken their toll of profits at Tony Wilkinson’s famous discount Wilkinson Hardware stores. A 4.5 per cent increase in customers numbers and turnover up from £1.36 million to £1.44 million hasn’t stopped a £17 million drop in operating profits. Read
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29 (32) Sean Quinn Jnr £190m (£190m)
Feb 04 2010 | Rich List 2010
Sean Quinn Snr – the richest man in Ireland – took a £1 billion hit when the state took over Anglo Irish bank last January. He had just bought 25 per cent of it before the shares collapsed. Read
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23 (15) Sir Michael Bishop £300m (£480m)
Feb 04 2010 | Rich List 2010
Former Bmi airline owner Sir Michael Bishop recently ruled himself out of taking on the role of chairman of ITV. Read
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37. (=35) Eric Grove £110m (£140m)
Feb 04 2010 | Rich List 2010
Eric Grove’s Catesby Property Group, with a mixed portfolio of 12,000 or so plots of residential, commercial and mixed use land, is working hard to ride out the slide in property values. Read
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21 (-) Casper MacDonald-Hall £320m
Feb 04 2010 | Rich List 2010
Black Country-based London and Cambridge Properties owns industrial, office and retail properties from Durham, St Helens and Skelmersdale in the north to Aldershot, Maidstone and Stevenage in the south, plus quite a bit in-between. Read
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35. (38) Ranjit and Baljinder Boparan Singh £125m (£135m)
Feb 04 2010 | Rich List 2010
A long-running dispute over allegations of racial discrimination – strongly denied – at its Smethwick plant, and a fire at its Morecambe poultry processing factory have made this a challenging year for Ranjit and Baljinder Boparan Singh’s 2 Sisters Food Group. Read
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= 17 (16) Roy Richardson £350m (£460m)
Feb 04 2010 | Rich List 2010
The second generation is in charge at Richardsons Capital. The company founded by the Black Country’s most famous twins – Roy and the late Don Richardson is now looked after by Lee, Carl and Martyn Richardson. Read
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25 (-) Paul Ruddock £280m
Feb 04 2010 | Rich List 2010
Not everyone was a loser when Northern Rock came crashing down. Financier Paul Ruddock’s Lansdowne Partners hedge fund bet on its collapse, called it right and netted £100 million profit. Read
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=34. (=43) Charles Clowes £130m (£110m)
Feb 04 2010 | Rich List 2010
Not many people in the property business are advancing up our Rich List this year, but thanks to a few shrewd investments bought at the right time, Charles Clowes is doing just that. Read
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= 27 (28) Paul Newey £240m (£240m)
Feb 04 2010 | Rich List 2010
Paul Newey’s big break came in 2006 when he sold his Tamworth-based debt consolidation business – Ocean Finance and Mortgages – for a rumoured £200 million. Read
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24 (8) David Wilson £295m (£730m)
Feb 04 2010 | Rich List 2010
The collapse in value of house-building companies means that David Wilson is one the biggest losers in this year’s Rich List. Read
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38. (=35) Keith Bradshaw £105m (£140m)
Feb 04 2010 | Rich List 2010
Keith Bradshaw – chairman and 50 per cent owner of the Listers car dealer group – makes a virtue of being fiercely and proudly independent. Read
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19 (21) David Samworth £340m (£390m)
Feb 04 2010 | Rich List 2010
Back in 1868, a young George Samworth first entered the business world as a member of a consortium of Birmingham pig buyers. Twenty-eight years later he set up his own business as a pig dealer in Birmingham. Read
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22 (22) Jonathan Kendrick £310m (£385m)
Feb 04 2010 | Rich List 2010
The ROK Entertainment website describes its chairman, Jonathan Kendrick, as a highly successful serial entrepreneur. Not a bad description for a man who has made a mobile phone entertainment business run from a modest office near Wolverhampton into a multi-million moneyspinner. Read
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39. (41) Andrew Cohen £100m (£115m)
Feb 04 2010 | Rich List 2010
Castle Vale-based Betterware has had some tough times recently with falling profits and lower sales. So it’s probably just as well that Andrew Cohen, aged 56, sold his 50 per cent share in 2007. Read
