Considerably richer than you: the south London and Surrey links of Britain’s millionaires

Source: Sutton Guardian

Sutton Guardian: Photograph of the Author by David Lindsell, Digital editor

First published Monday 27 April 2015 in News   Last updated 16:15 Monday 27 April 2015

Considerably richer than you: the south London and Surrey links of Britain's millionaires
Considerably richer than you: the south London and Surrey links of Britain’s millionaires

 

With some of the most expensive homes in places like Elmbridge, Wandsworth and Kingston it’s no surprise some of your near neighbours have made the Sunday Times Rich List 2015.

Some of the businesses that have helped these millionaires amass their wealth started or are run from relatively humble surroundings in south London and Surrey too.

Here is our run-down of the local links of our richest people.

7 – Chelsea owner Roman Abramovich, whose club is based in the village of Stoke D’Abernon, between Leatherhead and Cobham, has a £7.29bn fortune according to the Sunday Times. Not bad, but it has dropped by £1.23bn in a year they say.

22 – Croydon boy and former Top Shop owner Sir Philip Green and his wife Lady Green are worth £3.5bn. Green, 63, was born in Croydon, before his family moved to Hampstead. His net worth is down £380m.

Auchi Ibtisam Sutton Guardian282 – Iraqi-born billionaire Sir Nadhmi Auchi, 77, who lives on Kingston Hill and owns Luxembourg-based General Mediterranean Holdings, is still a billionaire worth £1.235bn according to the list, but his fortune dropped by 100m since last year. He was in talks a few years ago to help fund the development of Kingston’s Rose Theatre.

85 – The family of another long-time Kingston Hill resident are also on the list. The family of Lord Grantchester and the Moores family.

Lady Grantchester, director of Littlewoods between 1977 and 1997, has previously been sixth in the list of the UK’s 100 wealthiest women.

Her father was Sir John Moores, founder of Littlewoods, the football pools and retailing empire.

91 – Wimbledon resident Mark Coombs, 55, owner of City investment group Ashmore made the list with a £1.1bn fortune – down £80m due to a share price fall cutting its value to £2.1bn. In 2006 the Daily Mail reported his home in a ‘tree-lined’ road near Wimbledon Common was worth at least £3m.

Sutton Guardian:

357 = Richmond Park’s Zac Goldsmith, fighting for re-election as a Tory MP, made the list with an estimated £280m, his split of his father Sir James Goldsmith’s £1.2bn will.

Sutton Guardian:

357 = Former Dragons Den dragon Theo Paphitis, who lives in Weybridge has built up a £280m fortune from his stationery and lingerie businesses. He owns Robert Dyas and Rymans. He has five children and lives on St George’s Hill, Weybridge, also the former gated community of choice of John Lennon and Cliff Richard.

357 = Publisher Haymarket is based by the Thames in Teddington and is rumoured to be lining up a move to near Twickenham station. Its owner, former Tory deputy Prime Minister Michael Heseltine, 82, is worth £280m. His son Rupert runs the company which produces trade magazines like PR Week, What Car? and football magazine Four Four Two.

Sutton Guardian:

425 – Mick Jagger is worth £225m, Richmond’s best known resident until moving to Barnes, and who recently popped up when his ex-wife Gerry Hall played panto villiain at Richmond Theatre.

454 – The headquarters of one of the biggest house-builders in the UK are in Cobham, near the A3. Tony Pidgley, 67, is said to have a £212m fortune, in part due to his £160m stake in the Berkeley Group, which is based opposite a BMW garage and next to the fire station in Portsmouth Road.

He is a former Barnado’s boy, adopted by travellers and brought up in an old railway carriage converted into a caravan, and set up Berkeley in Weybridge.

456 – Meanwhile James Wates, chairman and owner of the Wates Group, a construction firm based in Station Approach, Leatherhead, is worth £180m according to the list, down by £10m. The company will build the controversial golf course and hotel development at press baron Lord Beaverbrook’s former home in Cherkley Court.

Sutton Guardian:

476 = Twickenham-based Sauflon (contact-lenses) helped the Wells family – Alan, 76, and sons Bradley, 49, and David, 44) to amass a £200m fortune entering the list for the first time.

601 – International equipment rental firm the Ashtead Group started in Ashtead and propelled George Burnett, 68, into the millionaire’s list. He is worth £163m. The company has moved to a central London location.

628 – Eric Clapton, 70, who was brought up in Tolworth and educated at Hollyfield School and Kingston School of Art, is on the list with £155m.

754 = The £150m sale of Richmond-based biomedical science market research company, PJB Publications gave Philip Brown, 78, and wife Patricia, 78, a boost in 2003. They are worth an estimated £135m and own six property and publishing companies. Mr Brown told our newspaper in 2003 he hoped to be able to take life a little easier after the sale and enjoy time as chairman of the Richmond and Twickenham Music Trust.

901 = A Croydon-pharmacy business has made the list. Day Lewis pharmacy, based in Peterwood Way, Croydon, has made chief executive Kirit Patel MBE and family £90m.

935 = Property magnate John Pilkington, of Battersea-based Penhurst which has assets of £85m, is estimated to be worth £91m.

935 = Another Croydon-company, property firm Ocobase in Lower Addiscombe Road, has helped brother Simon Upward, 54, and Paul, 52, to amass £91m.

Sutton Guardian:

And finally, in the Young Rich List, Oxshott’s Andy Murray was estimated by the Sunday Times team to have made £48m, Teddington born Keira Knightley £34m and singer Katie Melua, who became a UK citizen in Weybridge, £12m.

Suddenly hard-up?

Some famous previous members of the rich list have dropped away in recent years as the criteria for getting in has increased. You now have to be richer than ever to make it into the top 100.

Gone: Croydon-born Kate Moss

Sutton Guardian:

One of the regular members of the rich list Nasir Khan, of Chessington firm The Accessory People was once estimated to have a personal fortune of £134.5m with a Lambourgini, Rolls Royce, Bentley and Mercedes and a villa in Marbella. He was jailed for a massive mobile phone tax evasion fraud in 2011 and is no longer on the rich list.

 

Have we missed a millionaire from the list who has local links? Let us know at digitalmedia@london.newsquest.co.uk