The 2014 Sunday Times Rich List will soon be published, and it will show there are now 104 Billionaires based in the UK, and their combined wealth is around £301B.
Mike Ashley – wealth increased £1.45B in one year
That’s pocket change. :D.
Top of the list is Sri and Gopi Hinduja, who are worth £11.9B, and that’s up £1.3B from last year- wonder if he wants to buy a football club?
Mike Ashley is at number 23, and he’s now worth around £3.75B, up £1.45B on last year (you could but some players with the money), and that increase is what he was worth when he bought Newcastle in the summer of 2007.
That increase is about 63% over last year. 🙁
Mike is now one place above Virgin Group founder Sir Richard Branson, who is now worth a measly £3.6B, up £86M.
Roman Abramovich the Chelsea owner is 9th on the list at £8.52B, down £780M over the last year – and with the sanctions being taken by the US and Europe against Russia, because of their incursions into Ukraine, Roman’s wealth is likely to keep declining.
There’s no doubt Mike Ashley’s been very successful in his business with Sports Direct – and now we are hoping he may want to become successful – really successful – as a football club owner.
The full Sunday Times Rich List will be published this Sunday and here it is – see if you are on the list:
- Sri and Gopi Hinduja, £11.9bn, up £1.3B
- Alisher Usmanov, £10.65B, down £2.65B
- Lakshmi Mittal and family, £10.25B, up £250M
- Len Blavatnik, £10B, down £1B
- Ernesto and Kirsty Bertarelli, £9.75B, up £2.35B
- John Fredriksen and family, £9.25B, up £450M
- David and Simon Reuben, £9B, up £719M
- Kirsten and Jorn Rausing, £8.8B, up £3.69B
- Roman Abramovich, £8.52B, down £780M
- The Duke of Westminster, £8.5B, up £700M
- Galen, Hilary and George Weston and family, £7.3B, up £650M
- Charlene de Carvalho-Heineken and Michel de Carvalho, £6.36B, down £635M
- Mohamed Bin Issa Al Jaber and family, £6.16B, up £1.65B
- Carrie and Francois Perrodo and family, £6.14B, new
- German Khan, £6.08B, new
- Sir David and Sir Frederick Barclay, £6B, up £3.65B
- Hans Rausing and family £5.9B, up £1.18B
- Nicky Oppenheimer and family, £4.57B, up £785M
- Earl Cadogan and family, £4.2B, up £525M
- Joseph Lau and family, £4.03B, down £570M
- Sir Philip and Lady Green £3.88B, no change
- Denis O’Brien, £3.85B, up £486M
- Mike Ashley, £3.75B, up £1.45B
- Sir Richard Branson and family, £3.6B, up £86M
- Idan Ofer, £3.43B, new
Comments welcome.
24 comments so far
cestriasteve
May 14, 2014 at 9:46 AM
Comment #1Remember this statement mike you gave to the BBC:
” I was always prepared to bank roll Newcastle up to the tune of £20 million per year but no more. That was my bargain.
Ben3arfa
May 14, 2014 at 9:48 AM
Comment #2Constantly being reminded of how wealthy Mike Ashley is like rubbing salt into a wound .
Jail for Ashley
May 14, 2014 at 9:48 AM
Comment #3cestriasteve,
I don’t think 10M will do it tbh, not until he’s in to the last two years of his contract.
MacToon
May 14, 2014 at 9:50 AM
Comment #4I see Mash Holdings have recorded record profits too!
cestriasteve
May 14, 2014 at 9:52 AM
Comment #5Jail, I hope your right, when he first arrived I was his biggest critic but as is the case with many he has adapted to the EPL and I reckon he will be an outstanding player next season.
cestriasteve
May 14, 2014 at 9:59 AM
Comment #6Mactoon, I work in retail and have followed the scumbag for a while, I know it’s probably not him directly but his financial advisors but he will do anything to earn a few extra quid. Buying Debenhams shares after their poor Xmas performance last year knowing their FD would have to resign to appease the shareholder and thus raising the price again where Big Mike sells some and raises 4 million.
Does the same thing with House of Fraser recently knowing that the Chinese will buy him out and double his 11 million.
In business is there a more loathsome person than this scumbag.
Slank
May 14, 2014 at 10:00 AM
Comment #7Generally, people who have a lot of money are very careful with it. They tend not to flash it about or be frivolous, wasteful or squander it.
bobby mango
May 14, 2014 at 10:09 AM
Comment #8cestriasteve – are the Debenhams and HoF deals you mention really despicable?
I don’t like Ashley but that’s just savvy business. He did it before someone else did.
On his fortunes it really means very little. With FFP he can’t plough millions into the club. Sure he could tweak things to spend more but his billions will never come into play.
Agree quoting this is rubbing salt in our wounds.
toonarmydownsouth
May 14, 2014 at 10:11 AM
Comment #9Following the debate on here about the youth team the other day
Decent article
@NUFCTheMag: The Disgraceful Reality Of Newcastle United Youth Development Under Mike Ashley and Alan Pardew http://t.co/OWcfXqLG6x
jesperfuglsang - captain of the lemon crew
May 14, 2014 at 10:14 AM
Comment #10If you look at Ashley’s worth and his growth then he is one of the highest earners!
Jail for Ashley
May 14, 2014 at 10:14 AM
Comment #11Mac,
I heard yesterday that there are now rooftop tours of the stadium, I wonder which one of his companies is that sourced out to.
Average_Contents
May 14, 2014 at 10:18 AM
Comment #12Jfa
More importantly, how much of a cut do NUFC receive if any
cestriasteve
May 14, 2014 at 10:19 AM
Comment #13Bobby, on the HOF deal, going back to last year he liquidated roughly 350 million I believe to take them over to as he has done with us grow his expanding brand portfolio, something happens and he pulls out ( probably pension fund).
HoF release great trading statement with Xmas and then take over by Chinese, fatty gets miffed and then agrees to buy the equally loathe some Tom Hunter shares of 11 million even though Tommy boy has signed up to the agreement that no HoF shares should be sold outside the highland board.
Both these 2 retailers I despise with a passion!!
Big Pappa Cissé
May 14, 2014 at 10:22 AM
Comment #14So he could buy NUFC six times over with the profit he has made in one year yet we havent made a permenant signing for 18 months .
Could only happen to Newcastle fans like 🙁 .
cestriasteve
May 14, 2014 at 10:25 AM
Comment #15BPC, I’m on a roll, honestly he is only in this for money and expanding his brand, the Glaswegians will get the same treatment and he will get European exposure in the not too distant future.
ERER
May 14, 2014 at 10:28 AM
Comment #16Pretty sure this is inaccurate as hell, last year Ashley was worth 4Bn himself and his family 35Bn
Jail for Ashley
May 14, 2014 at 10:29 AM
Comment #17bobby mango,
If Ashley kept his word he could easily sponsor SD on our shirts without flouting the FFP.
Sav
May 14, 2014 at 10:37 AM
Comment #18Perhaps he could afford ManU now? – Mid-table, not in Europe, no cups – it fits the Monster Mash profile to a T.
GEORDIE69
May 14, 2014 at 10:38 AM
Comment #19Mike Ashley owes a big thank you to Newcastle fans for keep supporting his regime and lining his large pockets and to those trampy chavs that shop in Sports Direct.
Well done Big Mike, what a very successful man. He knew buying Newcastle and it’s gullible fans would make him even richer.
Keep buying season tickets and merchandise people.
The Mike Ashley Funds. RIP Newcastle United!
lesh
May 14, 2014 at 10:40 AM
Comment #20ERER….
The rich-list or Ed’s post wrong?
Don’t think so, I saw the same data in two other broadsheets.
Maybe you’re wrong?
Phatoon
May 14, 2014 at 10:50 AM
Comment #21He’d always been floating between the £1bn – £2bn mark from what I’ve seen over the last few years. So I’d say that the list is correct. Don’t where the £35b family thing comes from….
Phatoon
May 14, 2014 at 10:52 AM
Comment #22TADS
On that youth article. Although I agree that they have done a cr@p job with our youth system, it’s not as if we had one that they’ve ruined. Other than Carroll and Krul I can’t really think of any kids that have come through for years. Then we’re going back to Taylor and Shola.
mindshaft
May 14, 2014 at 10:53 AM
Comment #23@ERER – Ashley is worth, £3.75bn, not sure where you get 35bn from – that would make him the richest person in the UK by far and the 15th richest man in the world!!!
Not that 3.75bn is anything to sniff at!
ilovetoon8788
May 14, 2014 at 1:57 PM
Comment #24What’s the use? I won’t be surprised if we spend next to nothing and only a half decent player brought in for 5 million..