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Gloucestershire Business News

Who in Gloucestershire made Forbes' list of global billionaires?

A Gloucestershire man is the 504th richest self-made man on the planet.

In the list of global billionaires produced by Forbes, a resident of the Cotswolds was named as the 15th richest man in the United Kingdom.

But it's not one of the business movers and shakers in our county, it's someone who has made his fortune and moved to a country estate in glorious Gloucestershire.

The current head of JCB, Sir Anthony Bamford's $4billion (£3.04billion) fortune earns him a spot on the Forbes list of 2,153 global billionaires.

The chairman of JCB since 1975, he was given a life peerage in 2013, taking the title Baron Bamford of Daylesford in Gloucestershire and Wootton in Staffordshire.

He is married to Carole, Lady Bamford, who started the Daylesford Organic farmshop and café on their Daylesford Estate near Moreton-in-Marsh in 2002.

Baron Bamford who is 73 and has three children, saw his net worth contract over the last 12months by $400million.

JCB was founded by Sir Anthony's father Joseph Cyril Bamford in 1945 in a garage in Uttoxeter.

It is now has an annual turnover of £3.3billion and employs more than 11,000 worldwide.

According to Forbes, the richest Brits are the Hinduja brothers, who own the multinational conglomerate the Hinduja Group.

The four brothers, two of whom live in London, are worth $16.9billion.

James Radcliffe, owner of chemical company Ineos Group is the next richest Brit, worth $12.9billion.

The richest person on the planet for a second year running is the founder of Amazon, Jeff Bezos.

He is worth a staggering $131billion and is the only person with 12-figure wealth. Microsoft founder Bill Gates is second with a $95billion fortune.

The richest woman on the planet is Francoise Bettencourt Myers, the granddaughter of the founder of L'Oreal with a $49.3billion fortune.

The total net worth is calculated as an estimate based on their documented assets and accounting of all current debt.

Royalty and anyone where wealth comes from their positions are excluded from the Forbes list.

The current list of billionaires shows there a tough times at the top - bless them - as there are 55 fewer billionaires than last year.

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