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Fashion fortunes climb the Rich List

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.

RANKWHOWORTHNET WEALTH
RISE/FALL
7Galen and George Weston£4.5bn+£3.6bn
9Sir Philip and Lady Green£4.1bn+£275m
51John Hargreaves (Matalan)£1.02bn+£690m
61Bernard Lewis and family (River Island)£920m+150m
65Mike Ashley (Sports Direct)£890m+£190m
94Mohamed al Fayed (Harrods)£650m-
103Peter Simon and family (Monsoon)£600m+£350m
130Tom Singh and family (New Look)£515m+£200m
164Mark Fenwick and family (Fenwicks)£420m+£55m
186Stephen Rubin and family (Pentland)£360m-£10m
189Harold Tillman (Jaeger and Aquascutum)£352m+£57m
214Karl-Johan Persson (H&M)£320m+£45m
229Philip Day (Edinburgh Woollen Mill)£300m+£260m
281Sir Paul and Lady Smith (Paul Smith)£230m-
354Julien Dunkerton (Supergroup)£180m+£110m
398Lance Clark and family (Clarks)£165m+£50m
523David Reiss (Reiss)£125m+£20m

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