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Fashion's richest fall down rankings in Sunday Times Rich List

Fashion’s high-net worth individuals have been feeling the pinch from the credit crunch according to The Sunday Times’ Rich List published yesterday.

Of the 37 fashion retailers, entrepreneurs, suppliers and designers listed in the Sunday Times’ top 1,000 list, only three climbed the rankings this year.

Harrods owner Mohamed Al Fayed, designer Sir Paul Smith and Susan Prescott and the Austin family, who sold their 7.5% stake in the Ethel Austin chain in 2005, all moved up the Rich List.

New entries included LK Bennett founder Linda Bennett at number 525, whose fortune is valued at £150 million, and The Peacock Group chief executive Richard Kirk at number 597 and worth £130m.

But within the top 100, all fashion-related entries fell, including Sir Philip Green and Lady Green, who dropped from position nine to position from seven. Bernard Lewis and family, the owners of River Island fell from 41 to 43, Sports Direct founder Mike Ashley fell from 54 to 25, Lord Sainsbury and family from the supermarket empire fell to 56 down from 22, while Sir Tom Hunter, owner of USC and Office was down to 68 from position 60. George Weston and family, who hold a stake in and run Primark, were down from 64 to 71.

Rankings in fashion

9 (7)* Sir Philip Green and Lady Green (arcadia“>Arcadia and Bhs) £4.3bn

43 (41) Bernard Lewis and Family (River Island) £1.62bn

54 (25) Mike Ashley (Sports Direct) £1.4bn

56 (22) Lord Sainsbury and family (Sainsbury’s) £1.3bn

68 (60) Sir Tom Hunter (Office, Qube, USC) £1.05bn

71 (64) George Weston and family (Primark) £1bn

138 (125) Peter Simon and family (Monsoon) £600m

145 (149) Mohamed Al Fayed (Harrods) £555m

180 (108) Tom Singh and family (New Look) £464m

184 (177) Richard Caring (ICD supply business) £450m

184 (133) David, Ralph and Jacqueline Gold (Ann Summers) £450m

199 (133) John Hargreaves and family (matalan“>Matalan) £430m

232 (213) Mark Fenwick and family (Fenwick department stores) £386m

235 (150) Lord Alliance and family (N Brown) £380m

244 (210) Karl-Johan Persson (H&M) £365m

244 (214) Harold Tillman (Jaeger, Allders of Croydon) £365m

287 (163) Stephen Rubin and family (Pentland) £290m

312 (313) Sir Paul Smith (Paul Smith) £260m

393 (409) Susan Prescott and the Austin Family (Ethel Austin) £204m

397 (288) Dave Whelan and family (JJB Sports) £200m

444 (386) Lawrence Stroll (Tommy Hilfiger, Michael Kors) £187m

453 (327) Kevin Stanford (House of Fraser, Mosaic Fashions, Ghost) £180m

525 (new entry) Linda Bennett (LK Bennett) £150m

525 (467) Leon Max (Maxstudio.com) £150m

564 (429) Lance Clark and family (Clarks International) £140m

581 (557) Theo Paphitis (La Senza) £135m

597 (new entry) Richard Kirk (The Peacock Group) £130m

616 (502) David Reiss (Reiss) £125m

644 (574) George Davies (Per Una) £120m

693 (395) Ian and Lennie McGeoth (Mackays) £118m

724 (574) Don McCarthy (House of Fraser, Baugur) £110m

777 (690) Peter Bromley (Russell & Bromley) £104m

780 (751) Tamara Mellon (Jimmy Choo) £102m

854 (798) Nick Wheeler and Christian Rucker (Charles Tyrwhitt and The White Company) £95m

912 (824) Johnnie Boden (Boden) £88m

915 (659) Ray Kelvin (Ted Baker) £87m

924 (659) Afzal and Akmal Khushi (Trespass) £85m

* () denotes ranking in 2007

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