Fashion’s high net-worth individuals have seen their fortunes begin to rise and recover according to The Sunday Times Rich List, which was published yesterday, while the float of Supergroup earlier this year generated two new entries to the list.
Supergroup founder Julian Dunkerton saw his fortune soar by £110m, with The Rich List now valuing him at £180m and putting him joint 354th richest person in the country.
Dunkerton’s colleagues James Holder, Supergroup’s brand and design director, and Theo Karpathios, wholesale and international director, were new entries to the list post the floatation. Both are valued at £82m and placed joint 798th.
The refinancing of value chain Matalan earlier this year made founder John Hargreaves a billionaire again for the first time in eight years. His net value rose by £690m to £1bn, putting him in 51st position in the list.
The highest placed fashion-related entry came in the form of Galen and George Weston and family, who own the likes of Selfridges, Brown Thomas and Primark. Their combined wealth rose by £3.6bn in 2009 to total £4.5bn, putting them in 7th place.
Arcadia Group owners Sir Philip Green and Lady Tina Green saw their wealth climb £275m to £4.1bn boosted in part by a 13% rise in operating profits to £213m at the Arcadia chains.
See the table below for the highest placed entries in this year’s list.
|RANK||WHO||WORTH||NET WEALTH |
|7||Galen and George Weston||£4.5bn||+£3.6bn|
|9||Sir Philip and Lady Green||£4.1bn||+£275m|
|51||John Hargreaves (Matalan)||£1.02bn||+£690m|
|61||Bernard Lewis and family (River Island)||£920m||+150m|
|65||Mike Ashley (Sports Direct)||£890m||+£190m|
|94||Mohamed al Fayed (Harrods)||£650m||-|
|103||Peter Simon and family (Monsoon)||£600m||+£350m|
|130||Tom Singh and family (New Look)||£515m||+£200m|
|164||Mark Fenwick and family (Fenwicks)||£420m||+£55m|
|186||Stephen Rubin and family (Pentland)||£360m||-£10m|
|189||Harold Tillman (Jaeger and Aquascutum)||£352m||+£57m|
|214||Karl-Johan Persson (H&M)||£320m||+£45m|
|229||Philip Day (Edinburgh Woollen Mill)||£300m||+£260m|
|281||Sir Paul and Lady Smith (Paul Smith)||£230m||-|
|354||Julien Dunkerton (Supergroup)||£180m||+£110m|
|398||Lance Clark and family (Clarks)||£165m||+£50m|
|523||David Reiss (Reiss)||£125m||+£20m|