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The richest people in the North West have been revealed, featuring Harry Styles, Sir Jim Ratcliffe, and Gallaghers
Daisy Jackson
The Sunday Times Rich List has been published today, revealing the wealthiest person in the North West to be Sir Jim Ratcliffe.
The annual list highlights the richest people in the UK, often filled with famous faces and business moguls.
This year, the 350 individuals on the list hold a combined wealth of £783.5 billion – that’s about a quarter of the UK’s total annual GDP.
The Sunday Times Rich List also highlighted other North West figures, such as Harry Styles, the Issa brothers, and Tyson Fury.
Other famous faces from elsewhere in the UK include Sir Elton John, Lord Lloyd-Webber, Sir Mick Jagger, Keith Richards, JK Rowling, Charlotte Tilbury and Sir Lewis Hamilton.
It found that Sir Jim Ratcliffe – chemicals magnate, Ineos CEO, and Manchester United shareholder – still tops the list regionally despite falling revenues and a £515.7 million loss.
Mohsin and Zuber Issa are fourth on the list of the wealthiest in the North West – the Blackburn billionaire brothers founded the EG Group petrol stations, and acquired the supermarket giant Asda.
Betfred brothers Fred and Peter Done come next, with an estimated net wealth of £3.6bn.
Property developer and Renaker founder (Renaker is behind the Deansgate Square towers) Daren Whitaker saw his wealth grow by £100m in a single year.
Elsewhere on the list are Liam and Noel Gallagher, making their Sunday Times Rich List debut at £375 million.
Michael and George Heaton, the British brothers behind the Represent streetwear brand, paid themselves minimum wage for a decade before selling a stake and making £18.5m each.
Robert Watts, compiler of the Sunday Times Rich List, said: “This year’s Rich List is a tale of two exoduses. One in six of the individuals and families who appeared on the list two years ago don’t feature this time.
“Many foreign billionaires who have been living in the UK have also dropped out because they have moved away. We have also seen a sharp rise in the number of British nationals now resident in Dubai, Switzerland and Monaco. As UK nationals these people remain on our Rich List — wherever they now live.
“These two exoduses pose challenges for the UK economy and its public finances. Will more of the wealthy now set up or grow their ventures overseas and in doing so create fewer jobs here? How much tax — if any — will Rachel Reeves’s Treasury be able to extract from those affluent Brits who have now left the country?
“For nearly 40 years the Sunday Times Rich List has analysed the fortunes of Britain’s most affluent people. We believe understanding where wealth lies and where it is being accumulated is a vital part of a functioning democracy.
“Over the years our research has told us a lot about our country, charting the way a generation of largely self-made entrepreneurs overtook the old money of the landed gentry.
“This year’s edition shines a light on fortunes made from artificial intelligence, driverless cars and crypto-currencies as well as baby milk, make-up, hoodies and other everyday items. We know many of our readers find those rags-to-riches stories of entrepreneurs who started out with little more than a laptop and an idea particularly inspiring.”
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Featured image: Netflix
Daisy Jackson -
15th December 2021 
