Midlands Rich List 2023: The 11 richest people from across the Midlands and how much they are worth

Region's richest revealed in latest list of successful business leaders

The East Midlands' most wealthy residents have been revealed in the latest edition of the region's "rich list".

Collated by Insider, the list features well-known names from major companies across the Midlands.

The most notable departure from the Midlands rich list is the Wilkinson family following Wilko's collapse into administration earlier this year.

Well-known brands and businessmen including Mike Ashley and Gymshark feature on the latest rich list.placeholder image
Well-known brands and businessmen including Mike Ashley and Gymshark feature on the latest rich list. | Getty Images

The high street giant known for its affordable household essentials first emerged as a hardware shop in Leicester in 1930 and later had its corporate headquarters based in Worksop.

Insider said the 2023 Midlands Rich List, which is set to be published in December, includes those who are working in a business they either started themselves or inherited.

The trade magazine also includes those still living in the area who have recently sold their businesses using data from September this year.

So who are the Midlands' wealthiest people?

  1. Denise Coates and family, of Stoke-on-Trent's gambling giant Bet365, again top the rankings, with their value rising to £8.31bn after Coates paid herself a salary of £213.4m last year. 
  2. Lord Bamford and family amassed a fortune of £6.45bn on the back of profits at JCB climbing to £557.7m on record sales of £5.7bn in 2022. Personal assets, including a Ferrari collection and a 204-ft super yacht, add another £950m. 
  3. Mike Ashley, the head of Mansfield-based Frasers Group that owns Sports Direct nearly doubled profits to £660m this year, taking his total wealth to £3.86bn.
  4. John Bloor, who was born in Derbyshire, is involved with housebuilding, construction and Triumph motorcycles, with wealth totalling £3.58bn.
  5. Jean Jacques Murray and family are best known for Andrew Sykes, the manufacturer of heat pumps and air conditioning equipment, and rank fifth on this list with a fortune of £2.73bn.
  6. Sir Will Adderley and family totalled £1.73bn with a £907.4m stake in Leicester-based soft furnishings retailer Dunelm, serving as its deputy chairman.
  7. Tony Langley and family - the Nottinghamshire billionaire is behind engineering company Langley Holdings, which is based in Retford, and has wealth totalling £1.35bn.
  8. Property developer Sir Tony Gallagher ranks eighth with a fortune totalling £1.27bn.
  9. Caspar MacDonald-Hall, the founder of London and Cambridge Properties, is a developer worth £1.17bn.
  10. Property magnate Roy Richardson and family are best known for creating the Merry Hill Shopping Centre near Dudley and are worth £965m.
  11. Ben Francis, the CEO of athleisure empire Gymshark, which he founded in his parents' garage aged 19, is valued at £925m.

Other notable names from across the region include:

David Wilson and family rank 18th on the list with a value of £633m.

After selling David Wilson Homes, one of the country's largest developers, to Barratts, the Wilsons started another and their various Leicestershire-based companies’ assets have grown by nearly £23m over the past year. 

Josh Rathour and family rank 60th on the list with a value of £169m.

Rathour recently stepped down as CEO of Nottingham-based student promotions platform UNiDays but still owns a stake worth £166m.

Ones to watch:

Wayne Starkey, 31, and James Whiting, 44, launched The Skinny Food Company in 2018, a Nottingham-based maker of low-sugar snacks and sauces. Annual sales have topped £18m.

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