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Fashion players climb the 2011 Rich List

Fashion’s high net-worth individuals have seen their fortunes rise in 2011 according to The Sunday Times Rich List, with Selfridges and Primark owners the Weston family and Sir Philip Green claiming the top fashion spots.

The Weston family, the Canadian billionaires behind department stores Selfridges, Brown Thomas and Holt Renfrew and Primark owner Associated British Foods, have topped the list of fashion billionaires in the Sunday Times Rich List for 2011, after their value rose £1.5bn to £6bn, placing them 9th in the overall list of the richest people in the country.

Arcadia owner Green has seen his fortunes increase by £95m this year to be placed joint 13th in the list, worth £4.2bn. The Sunday Times valued his retail empire at about £3bn and Green’s stake at £2.8bn. Meanwhile, other additional assets were worth £1.4bn.

Entrepreneur Mohamed al-Fayed benefitted from the £1.5bn sale of iconic department store Harrods to the Qatari royal family last year to claim the 46th overall spot in the rankings at a net-worth of £1.3bn

Matalan founder John Hargreaves found himself in the same spot as al-Fayed, £280m richer this year at an overall value of £1.3bn. In April last year, he refinanced the Skelmersdale-based value chain in a £525m deal that led to him taking a £250m dividend from Matalan.

SuperGroup’s three top executives Julian Dunkerton, James Holder and Theo Karpathios continued to dominate the upper echelons of the list, with chierf executive Dunkerton ranked 196th and worth £410m, and Karpathios and Holder at joint 376th worth £181m each.

Meanwhile, fortunes have been mixed for New Look founder Tom Singh who has been parachuted in to the value chain as interim chief executive following poor Christmas trading figures and a failed IPO. At joint 200th on the list, his worth fell £115m to £400m.

British Fashion Council chairman and owner of Aquascutum and Jaeger Harold Tilman was worth £330m in 2011, a £20m drop on last year, and a placing of joint 237th.

Per Una and Next founder George Davies, who has ended his womenswear venture GIVe, also saw his worth drop, by £20m to £100m and a joint 703rd placing on the list.

See below for the full fashion Sunday Times Rich List 2011.

Rank 2011 (Rank 2010)Name WorthRise/Fall
    
1   (1)   Lakshmi Mittal and family, interest in Escada    £17,514m  Down £4.9bn
9= (7) Galen and George Weston and family, owner Selfridges, Brown Thomas and Primark£6,000mUp £1.5bn
13= (9) Sir Philip and Lady Green, Arcadia Group £4,200m Up £95m
46=   (94=)   Mohamed al-Fayed and family, former owner of Harrods    £1,300m  Up £650m
46= (51) John Hargreaves and family, Matalan owner £1,300m Up £280m
53= (45=) Nick Wheeler and Chrissie Rucker founder Charles Tyrwhitt and White Company £130m Same 
56=   (61=)   Bernard Lewis and family, River Island    £1,150m  Up £230m
101= (103=) Richard Caring £700m Up £100m
101= (214=) Karl-Johan and Thomas Persson, investors in H&M £700m Up £380m
114= (596=) Christina Ong and family, fashion designer £650m Up £540m
128= (103=) Peter Simon and family, founder Monsoon £600m Same 
134=   (186=)   Stephen Rubin and family, Pentland Group    £570m  Up £210m
185   (164)    Mark Fenwick and family, Fenwick department store    £438m  Up £18m
196= (354=) Julian Dunkerton, owner SuperGroup£410m Up £230m
200= (130) Tom Singh and family, founder New Look £400m Down £115m
232=   (186=)   David and Jacqueline Gold, founder Ann Summers    £340m  Down £20m
237= (189) Harold Tillman, owner Jaeger and Aquascutum, chairman BFC £330m Down £22m
251 (751=) Johnnie Boden and family, founder Boden £310m Up £221m
257= (229=) Philip Day, Edinburgh Woollen Mill£300m Same 
269=   (251=)   Lord Alliance and family, N Brown    £290m  Up £25m
282= (281=) Sir Paul and Lady Smith, menswear designer£260m Up £30m
376= (798=) James Holder, SuperGroup brand and design director£181m Up £99m
376= (798=) Theo Karpathios, Supergroup wholesale and international head£181m Up £99m
389=   (1156=)   Nick Robertson, founder Asos    £177m  Up £123m
410=   (405=)   Theo Paphitis, entrepreneur, former owner La Senza and founder of Boux Avenue   £170m  Up £10m
420= (398=) Lance Clark and family, founder Clarks £165m Same 
420= (459=) David and Victoria Beckham, sports personality and designer £165m Up £20m
430= (714=) Don McCarthy, chairman House of Fraser £160m Up £70m
457= (648=) Tamara Mellon, founder Jimmy Choo £150m Up £48m
537=   (1470=)   Raj Sehgal and Sanjeev Mehan, founders of supplier Visage    £130m  Up £88m
562= (523=) David Reiss and family, founder Reiss £125m Same 
582 (629=) Lennie and Iain McGeoch, founders M&Co £122m Up £15m
583=   (653=)   Richard Kirk, chief executive Peacocks Group    £120m  Up £20m
583=   (688=)   Roger Bromley and family, founder Russell & Bromley    £120m  Up £25m
583= (540=) Brian DeZille and family £120m Same 
583= (596=) Michael and Anthony Smith and family, founder ShoeZone £82m Up £10m
623= (794=) Ray Kelvin, founder Ted Baker£119m Up £36m
703= (540=) George Daviesfounder Per Una, Next, George at Asda and GIVe£100m Down £20m
809= (911=) Frank Van Wezel, founder Hi-Tec £88m Up £16m
927=   (1316=)   Keith Black and family, owner Regatta and Craghoppers    £75m  Up £27
927= (1093=) Ian Grabiner, chief operating officer Arcadia £75m Up £17m
927= (new) Lawrence Stroll, fashion investor, including Tommy Hilfiger £320m New
954= (1234=) Peter Williams, founder Jack Wills£73m Up £23m
959= (964=) Galen and George Weston and family, owners Selfridges, Primark Owner ABF £6,000m Up £6m
968=   (923=)   Linda Bennett, founder LK Bennett    £70m  Same 

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