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The wealthiest folks within the South West have been revealed within the newest Sunday Instances Wealthy Record.
The newspaper has analysed the wealth of the 250 richest folks within the nation. There are 177 billionaires recorded within the UK this 12 months – up six from 2021.
Inventor Sir James Dyson, 75, is now the second-richest particular person within the UK. His Wiltshire-based firm had a document 12 months final 12 months with income of £1.5bn on gross sales of greater than £6bn – elevating its worth from £14.5bn to £21bn.
Entrepreneur Stephen Fitzpatrick, 44, who turned the South West’s ninth billionaire, is now value £1.3bn. He boosted his private wealth by £665m after the New York float of his Bristol-based flying taxi enterprise Vertical Aerospace. His wealth features a £603m stake in Ovo Vitality, additionally primarily based in Bristol.
Husband and spouse Chris and Sarah Dawson, proprietor of the Plymouth-based low cost retailer chain The Vary, share a fortune of £2.25bn, up £200m on final 12 months.
The Vary noticed gross sales leap by £352m in the course of the worst of the Covid pandemic after his shops remained open as “important retailers”. The hike in earnings to £1.35bn in 2020 led to after-tax income for the Plymouth-headquartered firm leaping to £145m final 12 months – greater than thrice the £47m revenue made the earlier 12 months.
Elsewhere engineering boss Sir David McMurtry, 82, noticed his wealth drop by £650m in a 12 months to £1.13bn, after income slumped at Renishaw, the Gloucestershire engineering enterprise he co-founded.
Earlier this month, the Wotton-under-Edge firm reduce its annual income and revenue forecast after pulling its operations in Russia and uncertainty attributable to Covid lockdowns in China.
The Sunday Instances Wealthy Record is compiled by Robert Watts and relies on identifiable wealth, together with land, property, different property corresponding to artwork and racehorses, or important shares in publicly quoted corporations. It excludes financial institution accounts.
The entire listing is offered to the paper’s digital subscribers on Friday, Could 20, and is within the print version of the newspaper on Sunday, Could 22.
The richest folks within the South West in 2022
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