Revealed: Top 20 richest people in the South-West

This is The West Country: Sir James Dyson. Photo: Eva Rinaldi. Sir James Dyson. Photo: Eva Rinaldi.

THE top 20 wealthiest people in our region have been revealed.

The Sunday Times Rich List 2014 puts vacuum pioneer Sir James Dyson top of the pile, with an estimated wealth of £3billion.

Dyson is currently in the process of doubling the size of his research facility in Wiltshire, while in Somerset, Peter Hargreaves' net worth of a cool £2.39billion puts him second on the list.

He is closely followed by business partner and sports tycoon Steve Lansdown, who together founded financial advice firm Hargreaves Lansdown, at third on the list with £1.45billion. 

The top 21 in the South-West are worth £14.329billion collectively.

One new billionaire in the region, who has seen his wealth more than double in the past year, is Chris Dawson, the man behind The Range discount chain.

His wealth has climbed from £585m last year to £1.28billion this year, a staggering gain of £695m in just 12 months.

See below for the full list for the West Country, which will be published in this week's Sunday Times (May 18).

  1. Sir James Dyson and family (£3billion)
  2. Peter Hargreaves (£2.39billion)
  3. Steve Lansdown (£1.45billion)
  4. Chris Dawson (£1.28billion)
  5. Lord Vestey and family (£720million)
  6. Christina Ong and family (£602million)
  7. Sir David McMurtry (£559million)
  8. Julian Dunkerton (£478million)
  9. Tom Singh and family (£430million)
  10. Charlotte Townshend (£410million)
  11. Andrew Nisbet and family (£357million)
  12. Harry Hyams (£312million)
  13. Barry Houghton (£310million)
  14. Bruce Craig (£300million)
  15. Geoffrey Kent (£273million)
  16. John Deer (£268million)
  17. Andrew Brownsword (£260million)
  18. Michael Cannon (£250million)
  19. Adam Norris (£230million)
  20. Stephen and Peter Bond (£225million), Lance Clark and family (£225million)

Comments (13)

Please log in to enable comment sorting

3:18pm Fri 16 May 14

Little_Owly says...

And the purpose of this report is what exactly? Just to rub it in that I'm overworked, underpaid and not getting a pay rise this year. Cheers.
And the purpose of this report is what exactly? Just to rub it in that I'm overworked, underpaid and not getting a pay rise this year. Cheers. Little_Owly
  • Score: 28

7:52pm Fri 16 May 14

MR.GOF says...

wow will dyson employ british workers?oh thats right he moved....but where?
wow will dyson employ british workers?oh thats right he moved....but where? MR.GOF
  • Score: 11

9:28pm Sat 17 May 14

Dr Dave says...

Lets hope these ridiculously rich people spend their money in the South West keeping SW businesses going. Probably a little too much to expect but ho-hum!
Lets hope these ridiculously rich people spend their money in the South West keeping SW businesses going. Probably a little too much to expect but ho-hum! Dr Dave
  • Score: 6

9:35pm Sat 17 May 14

SocialistParty..SomersetBranch says...

Food Bank use escalates



Nearly one million people are relying on food banks in Britain, up nearly 350,000 (163%) in the last year according to the anti-poverty charity, the Trussell Trust. The massive increase can be directly related to government cuts in benefits.




Yet the Department for Work and Pensions consistently pretends that "people are using food banks more because there are more food banks". This is possibly the most stupid piece of logic since it was estimated that if there were fewer firemen there would be fewer fires.

Those claiming Jobseeker's allowance (JSA) are increasingly facing payment delays and sanctions. Even the paltry sums provided have been under attack since October.

The minimum sanction has been raised from one to four weeks and benefits can now be cut for up to three years. JSA is basically a means of punishing the unemployed. Many desperate people are now being forced into the hands of loan sharks.

The work and pensions minister Iain Duncan Smith is at a loss to understand this. When he was unemployed he had the option of staying in daddy's mansion and having the servants bring him three meals a day. He certainly didn't need a food bank so neither do these people!

The rules for applying to use most food banks are quite strict. People have to be referred by a care professional such as a doctor and food aid is strictly limited.

Labour opposition?

Of course, the Labour opposition is going to do something about this.

Actually, no! Labour's shadow ministers have meekly agreed to continue with Tory spending cuts. All Labour is offering is 'more of the same'. Vocal opposition is coming from religious groups and charities who normally keep quiet about the Conservatives to avoid 'being political'.

The Trade Unionist and Socialist Coalition (TUSC) is alone in opposing all cuts. The choice this May in the local elections in England is very simple.

www.tusc.org.uk
Food Bank use escalates Nearly one million people are relying on food banks in Britain, up nearly 350,000 (163%) in the last year according to the anti-poverty charity, the Trussell Trust. The massive increase can be directly related to government cuts in benefits. Yet the Department for Work and Pensions consistently pretends that "people are using food banks more because there are more food banks". This is possibly the most stupid piece of logic since it was estimated that if there were fewer firemen there would be fewer fires. Those claiming Jobseeker's allowance (JSA) are increasingly facing payment delays and sanctions. Even the paltry sums provided have been under attack since October. The minimum sanction has been raised from one to four weeks and benefits can now be cut for up to three years. JSA is basically a means of punishing the unemployed. Many desperate people are now being forced into the hands of loan sharks. The work and pensions minister Iain Duncan Smith is at a loss to understand this. When he was unemployed he had the option of staying in daddy's mansion and having the servants bring him three meals a day. He certainly didn't need a food bank so neither do these people! The rules for applying to use most food banks are quite strict. People have to be referred by a care professional such as a doctor and food aid is strictly limited. Labour opposition? Of course, the Labour opposition is going to do something about this. Actually, no! Labour's shadow ministers have meekly agreed to continue with Tory spending cuts. All Labour is offering is 'more of the same'. Vocal opposition is coming from religious groups and charities who normally keep quiet about the Conservatives to avoid 'being political'. The Trade Unionist and Socialist Coalition (TUSC) is alone in opposing all cuts. The choice this May in the local elections in England is very simple. www.tusc.org.uk SocialistParty..SomersetBranch
  • Score: 14

9:39pm Sat 17 May 14

SocialistParty..SomersetBranch says...

Barclay's bonuses - laughing all the way to the bank



It has been announced that Barclays Bank is to cut 10,000-12,000 jobs in 2014, 7,000 of which will be in the UK.

This comes hot on the heels of the 7,650 jobs axed only last year. Chief Executive Antony Jenkins cited 'loss of profits' as the reason for giving 9% of his staff the sack, 92.5% of whom will be frontline workers.

But despite Barclays' profit slump, its pre-tax gains were still £5.2 billion for 2013. The pocketing of this at the expense of providing secure employment starkly reveals their priorities.

Some of the primary causes for this loss of profit have been the costs of 'internal restructuring' and paying legal costs. £1.2 billion alone has been spent on the 'Transform' programme to change Barclays into a 'better-behaved' bank, ie to operate legally within regulatory guidelines.

These changes come in the wake of a series of scandals surrounding Barclays, including being the market front-runner in mis-sold PPI, fined £290 million for rigging Libor interest rates, forced to dissolve their tax avoidance division, as well as thousands of files of customer data being leaked and sold.

This is not to mention the central role the finance sector as a whole played in the 2007-8 crash, which has devastated millions of lives around the world.

It is clear that banks like Barclays do not feel they bear the responsibility for the destruction they have wrought.

Instead, the price of Barclays' illegal gambling and profiteering is being passed on to their workers in the form of job losses.

The latest affront came when it was revealed that at the same time thousands are being laid off, the bank's bonus pool for 2013 rose by 10% to an eye-watering £2.38 billion! Investment bankers in particular are seeing an increase of 13% (£1.6 billion).

Since public money was used to bail out the banks they have paid out much more in bonuses than in corporation tax, with Barclays in 2012 paying £82 million in CT while having a bonus pool of £2.1 billion!

It's obvious that the banks are incapable of restraint when there's the potential to make a quick buck.

Improving trade union membership among finance workers is a key first step towards fighting back against these attacks.

Ultimately though, unless the banks are taken into public ownership there will be no stopping the practices of gambling and corruption, and the public will inevitably be footing the bill.

www.socialistparty.o
rg.uk
Barclay's bonuses - laughing all the way to the bank It has been announced that Barclays Bank is to cut 10,000-12,000 jobs in 2014, 7,000 of which will be in the UK. This comes hot on the heels of the 7,650 jobs axed only last year. Chief Executive Antony Jenkins cited 'loss of profits' as the reason for giving 9% of his staff the sack, 92.5% of whom will be frontline workers. But despite Barclays' profit slump, its pre-tax gains were still £5.2 billion for 2013. The pocketing of this at the expense of providing secure employment starkly reveals their priorities. Some of the primary causes for this loss of profit have been the costs of 'internal restructuring' and paying legal costs. £1.2 billion alone has been spent on the 'Transform' programme to change Barclays into a 'better-behaved' bank, ie to operate legally within regulatory guidelines. These changes come in the wake of a series of scandals surrounding Barclays, including being the market front-runner in mis-sold PPI, fined £290 million for rigging Libor interest rates, forced to dissolve their tax avoidance division, as well as thousands of files of customer data being leaked and sold. This is not to mention the central role the finance sector as a whole played in the 2007-8 crash, which has devastated millions of lives around the world. It is clear that banks like Barclays do not feel they bear the responsibility for the destruction they have wrought. Instead, the price of Barclays' illegal gambling and profiteering is being passed on to their workers in the form of job losses. The latest affront came when it was revealed that at the same time thousands are being laid off, the bank's bonus pool for 2013 rose by 10% to an eye-watering £2.38 billion! Investment bankers in particular are seeing an increase of 13% (£1.6 billion). Since public money was used to bail out the banks they have paid out much more in bonuses than in corporation tax, with Barclays in 2012 paying £82 million in CT while having a bonus pool of £2.1 billion! It's obvious that the banks are incapable of restraint when there's the potential to make a quick buck. Improving trade union membership among finance workers is a key first step towards fighting back against these attacks. Ultimately though, unless the banks are taken into public ownership there will be no stopping the practices of gambling and corruption, and the public will inevitably be footing the bill. www.socialistparty.o rg.uk SocialistParty..SomersetBranch
  • Score: 15

6:57am Sun 18 May 14

BaldyLocks says...

Little_Owly wrote:
And the purpose of this report is what exactly? Just to rub it in that I'm overworked, underpaid and not getting a pay rise this year. Cheers.
Change your job then instead of crying about it.
[quote][p][bold]Little_Owly[/bold] wrote: And the purpose of this report is what exactly? Just to rub it in that I'm overworked, underpaid and not getting a pay rise this year. Cheers.[/p][/quote]Change your job then instead of crying about it. BaldyLocks
  • Score: -14

7:55am Sun 18 May 14

Little_Owly says...

BaldyLocks wrote:
Little_Owly wrote:
And the purpose of this report is what exactly? Just to rub it in that I'm overworked, underpaid and not getting a pay rise this year. Cheers.
Change your job then instead of crying about it.
I'm a nurse. I'm not crying about it. Cheeky beggar.
[quote][p][bold]BaldyLocks[/bold] wrote: [quote][p][bold]Little_Owly[/bold] wrote: And the purpose of this report is what exactly? Just to rub it in that I'm overworked, underpaid and not getting a pay rise this year. Cheers.[/p][/quote]Change your job then instead of crying about it.[/p][/quote]I'm a nurse. I'm not crying about it. Cheeky beggar. Little_Owly
  • Score: 14

6:34pm Sun 18 May 14

Dr Dave says...

Socialist Party......bugger off please with your copied and pasted diatribe #boring
Socialist Party......bugger off please with your copied and pasted diatribe #boring Dr Dave
  • Score: -10

10:50pm Sun 18 May 14

Jamesey says...

Little_Owly wrote:
And the purpose of this report is what exactly? Just to rub it in that I'm overworked, underpaid and not getting a pay rise this year. Cheers.
Hopefully it will inspire a young generation of designers and engineers.

To me, it says that if you have a great idea, you believe in it and work hard, you can become the richest person in the South West.

Admittedly, there will be some on the list who have never done a days work in their lives, but I can't think of anyone better to have at the top than James Dyson.
[quote][p][bold]Little_Owly[/bold] wrote: And the purpose of this report is what exactly? Just to rub it in that I'm overworked, underpaid and not getting a pay rise this year. Cheers.[/p][/quote]Hopefully it will inspire a young generation of designers and engineers. To me, it says that if you have a great idea, you believe in it and work hard, you can become the richest person in the South West. Admittedly, there will be some on the list who have never done a days work in their lives, but I can't think of anyone better to have at the top than James Dyson. Jamesey
  • Score: 6

8:52am Thu 22 May 14

Thurza says...

After a lifetimes work and after paying rent and council tax as pensioners we have £60 a week to live on, we can't have been very successful!
After a lifetimes work and after paying rent and council tax as pensioners we have £60 a week to live on, we can't have been very successful! Thurza
  • Score: 5

3:11am Sat 24 May 14

Three Pots Derek says...

Dr Dave wrote:
Socialist Party......bugger off please with your copied and pasted diatribe #boring
Couldn't agree more what a load of bull---t and what had that to do with the topic other that bore and confuse us.
[quote][p][bold]Dr Dave[/bold] wrote: Socialist Party......bugger off please with your copied and pasted diatribe #boring[/p][/quote]Couldn't agree more what a load of bull---t and what had that to do with the topic other that bore and confuse us. Three Pots Derek
  • Score: 0

3:39pm Mon 26 May 14

the voice of common sense says...

Rather than being called the rich list, wouldn't it be more appropriate to call it the greed list?

Questions that should be answered
1. How many of the above list are non-doms?
2. How much tax did they pay in the last financial year?
3. How much of their money is invested in blind trusts in off-shore tax-havens so as to avoid death duties when they pass away?


I think these questions should be answered as we are still all in this together, and people like them are the ones responsible for the mess in the first instance, but its the users of food banks, disabled people and pensioners without gold plated, index linked pensions who are paying the price.
Rather than being called the rich list, wouldn't it be more appropriate to call it the greed list? Questions that should be answered 1. How many of the above list are non-doms? 2. How much tax did they pay in the last financial year? 3. How much of their money is invested in blind trusts in off-shore tax-havens so as to avoid death duties when they pass away? I think these questions should be answered as we are still all in this together, and people like them are the ones responsible for the mess in the first instance, but its the users of food banks, disabled people and pensioners without gold plated, index linked pensions who are paying the price. the voice of common sense
  • Score: 0

1:30pm Sat 31 May 14

SocialistParty*SomersetBranch says...

Super-wealthy get richer...


To join this club you need a minimum of £85 million. That's right; it's membership of the Sunday Times Rich List, featuring Britain's thousand wealthiest people. With sickening regularity, this year's list shows that the super-rich have got even richer.

This glaring inequality will further antagonise the overwhelming majority in the UK who continue to be battered with government imposed austerity, wage cuts, zero-hour contracts and ever rising utility, transport and housing costs.

The list reports that the richest 1,000 people in Britain have increased their wealth by 15% in the last year to an unimaginable total of £520 billion. That's enough money to run the NHS for several years and still have enough left over to build millions of new affordable homes, scrap tuition fees and do much more besides.


These mega-rich individuals collectively increased their combined fortunes by £70 billion last year. So what is Chancellor George Osborne waiting for when he demands that the budget deficit is eliminated? It's simple George, slap a wealth tax on these people and restore the cuts in jobs, benefits and public services!

Of course the millionaire, Oxford-educated Tory chancellor has no intention of imposing a levy on his chums. But that hasn't stopped him imposing a pernicious bedroom tax and removing council tax support for the poorest in society, while reducing the top rate of income tax and corporation tax. And for good measure he's left open enough tax loopholes to allow the richest to salt away their wealth in offshore tax havens.

But is Labour leader Ed Miliband jumping up and down demanding the application of tax justice measures? No. As usual, he's as quiet as a church mouse for fear of antagonising big business.

And what about the darling of the mass media - the 'anti-establishment' establishment Ukip? Not a peep from Nigel Farage. But that's not surprising as one of his party backers is Paul Sykes, who just happens to be a member of the rich list club!

Working class people need a new, mass party with socialist policies to end this unacceptable social inequality. That's why continuing the important pioneering electoral work of the Trade Unionist and Socialist Coalition
( www.tusc.org.uk ) will assist in bringing about such a vitally necessary party.

Don't just get angry...Get organised!

www.socialistparty.o
rg.uk
Super-wealthy get richer... To join this club you need a minimum of £85 million. That's right; it's membership of the Sunday Times Rich List, featuring Britain's thousand wealthiest people. With sickening regularity, this year's list shows that the super-rich have got even richer. This glaring inequality will further antagonise the overwhelming majority in the UK who continue to be battered with government imposed austerity, wage cuts, zero-hour contracts and ever rising utility, transport and housing costs. The list reports that the richest 1,000 people in Britain have increased their wealth by 15% in the last year to an unimaginable total of £520 billion. That's enough money to run the NHS for several years and still have enough left over to build millions of new affordable homes, scrap tuition fees and do much more besides. These mega-rich individuals collectively increased their combined fortunes by £70 billion last year. So what is Chancellor George Osborne waiting for when he demands that the budget deficit is eliminated? It's simple George, slap a wealth tax on these people and restore the cuts in jobs, benefits and public services! Of course the millionaire, Oxford-educated Tory chancellor has no intention of imposing a levy on his chums. But that hasn't stopped him imposing a pernicious bedroom tax and removing council tax support for the poorest in society, while reducing the top rate of income tax and corporation tax. And for good measure he's left open enough tax loopholes to allow the richest to salt away their wealth in offshore tax havens. But is Labour leader Ed Miliband jumping up and down demanding the application of tax justice measures? No. As usual, he's as quiet as a church mouse for fear of antagonising big business. And what about the darling of the mass media - the 'anti-establishment' establishment Ukip? Not a peep from Nigel Farage. But that's not surprising as one of his party backers is Paul Sykes, who just happens to be a member of the rich list club! Working class people need a new, mass party with socialist policies to end this unacceptable social inequality. That's why continuing the important pioneering electoral work of the Trade Unionist and Socialist Coalition ( www.tusc.org.uk ) will assist in bringing about such a vitally necessary party. Don't just get angry...Get organised! www.socialistparty.o rg.uk SocialistParty*SomersetBranch
  • Score: 1

Comments are closed on this article.

click2find

About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree