With the success of Sports Direct, Mike Ashley is moving up the World’s richest list, and he’s makes number 256 in the new Forbes World’s Richest Billionaires, the highest he has ever been.
Mike Ashley – 256th richest in the World
I looked on the list but I don’t seems to have made it – for the umpteenth year in a row. 😀
This is what Forbes said about the controversial Newcastle United owner:
Reclusive British tycoon Michael Ashley started his sports-clothing chain after leaving school in 1982 and was the sole owner until a 2007 IPO. At that time he sold a chunk of the company, personally pocketing $1.8 billion.
He bought Premier League soccer club Newcastle United right after becoming a billionaire that year. He then tried unsuccessfully to sell it, twice, and upset fans by renaming its home stadium the Sports Direct Arena. He remains executive deputy chairman of the retailer.
Top of the list is Bill Gates, the now former Chairman of Microsoft who along with his wife Melinda, is doing some great work for Charity – which is his main life’s work now.
Eight of the top ten are Americans with Mexican Carlos Slim Helu & family and Spaniard Mancio Ortega being the exceptions.
Bill Gates is worth $76B (£45.6B) and Mike Ashley is now worth $5.5B (£3.3B) which is over twice what he was worth when he bought Newcastle United almost seven years ago.
And two years ago Mike Ashley was number 491 on the list and worth £1.6B – do you think he’s got say £100M to invest in Newcastle, so we can get some great new players this summer?
If we can persuade the English Billionaire to just invest all the profits back into building up the Newcastle club, with a priority on the playing side of things – we could be in a for a very good future.
Roman Abramovich, the Chelsea owner is number 137 on the list at $9.1B (£5.46B) and Ellis Short the Sunderland doesn’t appear to be on the list at all.
Vincent Tan, the very controversial Cardiff City owner is 1092 on the list with a measly $1.6B (£960M), and John Henry, the leader of Fenway Sports Group who bought Liverpool in October, 2010, is 1154 and worth a measly $1.5B (£900M).
Those small amounts are not even worth having – well maybe not.