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Gloucestershire Business News

Who has made the Sunday Times Rich List 2020?

Four Gloucestershire businessmen feature on the annual Sunday Times Rich List.

Sir David McMurtry is once again the highest-placed person with a business based in the county, the co-founder and chairman of precision engineering group Renishaw falling from 113th to 152nd place.

According to The Sunday Times, his personal fortune has failed from £1.29billion to £932million, largely down to the impact of the coronavirus pandemic.

His fellow Renishaw founder John Deer also features on the list, falling from 228th to 305th with his fortune falling by £168million to £440milion.

Lord Vestey, who lives in Stowell Park, near Cheltenham, has fallen four places to199th as his fortune fell by £10million to £721million.

Superdry founder Julian Dunkerton has fallen from 605th to 680th with his estimated fortune down £19million to £182million.

Several people with Gloucestershire links make the higher echelons of the list.

JCB chairman Lord Anthony Bamford, who owns Daylesford House in the Cotswolds, has moved up from 33rd to 27th.

The family's fortune is worth £4.7billion, a rise of £550million.

Author JK Rowling, who grew up in the county which inspired several settings in the Harry Potter books, is 34th with a fortune of £795million.

Ursula Bechtolsheimer, who inherited her father's Massa department store chain in 2017, moved up from 148th to 145 with the family fortune remaining steady at £1billion.

She now lives in Switzerland but moved her family from Germany to Gloucestershire in the 1980s, her daughter Laura Tomlinson winning gold at the 2012 London Olympics as part of the British dressage team.

Inventor James Dyson tops the list with a personal fortune of £16.2billion at the end of a controversial year which saw him move production of his vacuum cleaners from Wiltshire to Malaysia.

Indian-born Sri and Gopi Hinduja slipped to second as their net worth fell to £16billion, largely due to the impact of coronavirus on the oil market.

They share second with David and Simon Reuben, who are set to take a stake in Newcastle United, who have made their money through metal trading.

The highest woman on the list is TetraPak heiress Kirsten Rausing in sixth place with a reported fortune of £12.1billion.

Formula One world champion Lewis Hamilton is the richest British sports in history - his £224million fortune taking him past the £200million of David Beckham when he retired in 2013.

Beckham and wife Victoria's joint fortune is put at £370million.

Golfer Rory McIlroy is the only other sports star on the list, his fortune rising by £32million to £170million.

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