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North West Rich List 2013

B&M Bargains bosses become billionaires

Written by . Published on April 18th 2013.


North West Rich List 2013
 

EIGHT North West billionaires are listed in the 2013 Sunday Time Rich List, published on April 21. 

The annual list, which profiles the 1,000 richest people and families in the UK, also includes Britain’s first billionaire under the age of 30.

 Robin Arora, 28, shares a £1.1bn fortune with his brothers Simon, 43, and Bobby, 41.

The brothers, who live in Manchester, run the Liverpool-based cut price store chain B&M Bargains. They have more than doubled their combined fortune in a year, from £487m to £1.1bn, a rise of 126 per cent.

Topping the North West billionaires list is the Duke of Westminster whose property fortune has risen to £7.8bn, up £450m on last year.

The Duke Of Westminster £7.8bnThe Duke Of Westminster £7.8bn

See below for the full list of 20 richest in the North West of England.

Regional rank 2013Regional rank 2012NameSource of wealthNational rank2013 wealth2012 wealth
11The Duke of WestminsterProperty8£7,800m£7,350m
22John WhittakerProperty31=£2,300m£2,175m
35Peter HargreavesFinance47 £1,523m £830m
48Tom Morris and familyDiscount stores62£1,220m£620m
54Lord Grantchester and the Moores familyRetailing and football pools64=£1,220m£1,200m
613Simon, Bobby and Robin AroraDiscount stores73=£1,100m£487m
73Robin Sheppard and familyScrap metal80$1,040m£1,235m
89John Hargreaves and familyFashion84=£1,000m£600m
97Fred and Peter DoneGambling102=£850m£700m
106Peter Jones and FamilyProperty124£707m£720m
1110Trevor HemmingsProperty148£610m£575m
1214Michael Oliver and familyEngineering169£517m£344m
13=11The Walker familyAviation, steel and property173=£500m£510m
13=12The Warburton familyBaking173=£500m£500m
1516Lord Alliance and familyMail order and textiles224=£400m£292m
1617Sir Lindsey Owen-JonesBeauty products238=£375m£280m
17=19Geoffrey Halstead and familyFlooring246=£350m£270m
17=15Henry Moser and familyFinance246=£350m£298m
1923Michael Oglesby and familyProperty255=£340m£200m
2018Sit John Zochonis and familySoap261=£330m£274m

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14 comments so far, continue the conversation, write a comment.

Steve JobsApril 19th 2013.

This is sloppy journalism. A £1.1bn fortune shared by three brothers does not make each of them a billionaire.

SquirrelitoApril 19th 2013.

you might want to take that up with the Sunday Times rather than ManCon, that's how they've always done it

AnonymousApril 22nd 2013.

I'd like another column telling us how much they give to charity please??

1 Response: Reply To This...
AnonymousApril 22nd 2013.

Why? because a person is wealthy do you have some sort of right to their private financial details?

bellel7April 22nd 2013.

If this isn't indicative of whereabouts folks spend - what little money they have - these days, I dont know what is...
Congrats lads - congrats!

2 Responses: Reply To This...
AnonymousApril 23rd 2013.

Doesn't make sense. £1 in every £8 (ish) is spent in Tesco but it won't appear in this list because it's a publicly traded company, not privately owned.

AnonymousApril 23rd 2013.

BELLEL7? Bell end more like.

PaulBApril 22nd 2013.

In each case, the source of wealth should be given as 'the unpaid labour of those they exploit, the working class'.

2 Responses: Reply To This...
AnonymousApril 22nd 2013.

I don't understand your comment. Are you saying the people that are in these rankings make people work for free?

AnonymousApril 24th 2013.

No, anonymous, but do their companies pay a living wage or do they, like many corporate benefit scroungers, rely on the state to top up their employees wages?

AnonymousApril 23rd 2013.

47% of Manchester children live in poverty. Yes - these obscenely rich folk should be accountable to us.

1 Response: Reply To This...
Poster BoyApril 24th 2013.

"Us" being "who" exactly...?

AnonymousApril 24th 2013.

Just for anyone who is interested, I work for The Christie NHS Foundation Trust and can confirm that several of the people on this list are regular and incredibly generous donators to the hospital Charity.

AnonymousOctober 6th 2014.

asd

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