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Home Bargains, Matalan and B&M founders in NW Rich List

Stacking em' high and selling 'em cheap racks up billions

Published on April 19th 2013.


Home Bargains, Matalan and B&M founders in NW Rich List
 

John-Hargreaves of MatalanJohn-Hargreaves of MatalanEIGHT North West billionaires are listed in the 2013 Sunday Time Rich List, published this weekend.

The annual list, which profiles the 1,000 richest people and families in the UK, also includes "Britain’s first billionaire under the age of 30".

It's Robin Arora, 28, who shares a £1.1bn fortune with his brothers Simon, 43, and Bobby, 41. 

The brothers run the Liverpool-based cut price store chain B&M Bargains. They have more than doubled their combined fortune in a year, from £487m to £1.1bn, a rise of 126 per cent.



Even so, they are still running second to cut-price store rivals Home Bargains.

Joe Morris Of The Super Rich Home Bargains FamilyJoe Morris Of The Super
Rich Home Bargains Family
The fortune of Tom Morris and his three brothers, who started out with a shop in Old Swan in the 1970s, also doubled in the last year to £1.2bn, proving that one man's cheap bottle of Toilet Duck is the way to another's Indian Ocean yacht or Waitrose trolley.

Skem-based Matalan's John Hargreaves is back on billionaire row after his fortune dropped from £1,3bn to a piddling £600m in 2012. Born less than half a mile from the Liverpool docks where his father worked as a labourer, Hargreaves left school at 14 and got a job on a market stall. Within five years he started his own business. He floated his discount fashion chain in 1998, valued at £200m, but bought it back in 2006 for £817m.

John Whittaker Of PeelJohn Whittaker Of PeelTopping the North West billionaires list is the Duke of Westminster, whose most recent hit is Liverpool ONE. Gerry's property fortune has risen to £7.8bn, up £450m on last year and a Home Bargains opened there last month, so happy days all round.

But hot on his heels is Manxman John Whittaker of Peel Holdings which owns John Lennon Airport, The Port of Liverpool, Trafford Centre and the Port of Salford.

 

See below for the full list of 20 richest in the North West of England.

Regional rank 2013Regional rank 2012NameSource of wealthNational rank2013 wealth2012 wealth
11The Duke of WestminsterProperty8£7,800m£7,350m
22John WhittakerProperty31=£2,300m£2,175m
35Peter HargreavesFinance47 £1,523m £830m
48Tom Morris and familyDiscount stores62£1,220m£620m
54Lord Grantchester and the Moores familyRetailing and football pools64=£1,220m£1,200m
613Simon, Bobby and Robin AroraDiscount stores73=£1,100m£487m
73Robin Sheppard and familyScrap metal80$1,040m£1,235m
89John Hargreaves and familyFashion84=£1,000m£600m
97Fred and Peter DoneGambling102=£850m£700m
106Peter Jones and FamilyProperty124£707m£720m
1110Trevor HemmingsProperty148£610m£575m
1214Michael Oliver and familyEngineering169£517m£344m
13=11The Walker familyAviation, steel and property173=£500m£510m
13=12The Warburton familyBaking173=£500m£500m
1516Lord Alliance and familyMail order and textiles224=£400m£292m
1617Sir Lindsey Owen-JonesBeauty products238=£375m£280m
17=19Geoffrey Halstead and familyFlooring246=£350m£270m
17=15Henry Moser and familyFinance246=£350m£298m
1923Michael Oglesby and familyProperty255=£340m£200m
2018Sit John Zochonis and familySoap261=£330m£274m

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7 comments so far, continue the conversation, write a comment.

Oswald StreetApril 21st 2013.

I bought my first 'continental quilt' at Home & Bargain in Old Swan in the late 1970s. I think the shop's still there.

DigApril 22nd 2013.

I don't see Mark Garner on that list

1 Response: Reply To This...
AnonymousMay 13th 2013.

Maybe if it went the other way into negative figures then you might

Kennedy KaongaApril 14th 2014.

I need humane guidance from any person(s) preferably of Liverpool on how I can raise finances to enable me to pursue Master of Science (MSc) in Biology and Control of Parasites and Disease vectors programme at the Liverpool School of Tropical M in Liverpool, UK.

Kennedy KaongaApril 14th 2014.

The MSc programme will commence on 9th September, 2014 and conclude on 8th September, 2015. The expenses involved in British pounds (£) are as follows: 1. Tuition fees....................................£17,500:00 2. Living expenses for a year..............£7,200:00 (Food and accommodation bills) 3. Airfares return)...............................£2,650:00 4. Prescribed books............................£1,000:00 5. Field trip fee......................................£800:00 Total amount................................... £29, 150:00

Kennedy KaongaApril 14th 2014.

I have been given admissions to the above-mentioned programme since 2005 but I have not been able to take up the offers because of financial constraints. I hold BSc in Biomedical Sciences from the University of Zambia and currently working at the University Teaching Hospital in Lusaka, Zambia.

Kennedy KaongaApril 14th 2014.

Kennedy Kaonga (Mr.)Biomedical Scientist, Email: kenkaonga@yahoo.com, Tel/Fax: +260211254809 or Mobile: +260977152367. The contact person at the Liverpool School of Tropical Medicine (lstm) is. Mr. Richard Madden. Administrator – Academic Registry. Email: lstmmsc@liv.ac.uk,Tel: +44 (0)151 705 3758

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Kennedy Kaonga

Kennedy Kaonga (Mr.)Biomedical Scientist, Email: kenkaonga@yahoo.com, Tel/Fax: +260211254809 or…

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Kennedy Kaonga

I have been given admissions to the above-mentioned programme since 2005 but I have not been able…

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Kennedy Kaonga

The MSc programme will commence on 9th September, 2014 and conclude on 8th September, 2015. The…

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Kennedy Kaonga

I need humane guidance from any person(s) preferably of Liverpool on how I can raise finances to…

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