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The richest person in the Northwest has been revealed as Michael Platt, according to the new edition of The Sunday Times Rich List, published today online at thesundaytimes.co.uk/richlist and in the print edition of the newspaper on Sunday.
Occupying ninth position in the Northwest is Henry Moser and family who own Cheadle Royal based Together, the specialist lender within the property market. Their listed wealth has risen by £463m, the highest rise among the top 10 Northwest rich list over the past year, to £1.565bn in 2022.
At the top of the Northwest Rich List, Preston-born hedge fund manager Michael Platt, 53, who lives in Switzerland, has seen his fortune rise by £2 billion in the past year. The co-founder and chief executive of BlueCrest Capital Management is now worth £10 billion, ranking him equal 11th with Alisher Usmanov among the wealthiest people in the UK.
Cheshire-based Hugh Grosvenor, 31, The 7th Duke of Westminster, has lost the No 1 spot on the Northwest Rich Listafter a fall in the asset value of his family’s vast property operation Grosvenor Group. Westminster’s family fortune is now £9.726 billion, down £328 million from last year.
Tom Morris, 68, the founder of flourishing Liverpool-based retailer Home Bargains is £766 million richer with a family fortune which now stands at £5.127 billion.
Brothers Fred, 79, and Peter, 75, Done, who own the Warrington-based betting business Betfred and Manchester-based human resources outfit Peninsula, are now jointly worth £1.476 billion, an increase of £241 million on last year.
Two of the 10 wealthiest people in the Northwest in 2021 have lost their billionaire status. Matt Moulding, 50, founder of the Manchester-based online retailer THG, and his wife Jodie have seen their fortune plummet to £700 million from £2.1 billion a year ago. Manchester-based Mahmud Kamani, 57, who controls the internet fashion retailer Boohoo, has seen his family wealth cut by almost half to £720 million from £1.42 billion in 2021.
The 2022 Sunday Times Rich List charts the wealth of the 250 richest people in the UK. The list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. It excludes bank accounts, to which the paper has no access. The Young Rich List details the 100 individuals with the biggest fortunes aged 30 or under, and the Magazine also includes the top 40 music millionaires.
The Sunday Times Rich List is compiled by Robert Watts. The complete list will be available to the paper’s digital subscribers and will be online at https://www.thetimes.co.uk/sunday-times-rich-list