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Ashley Now Worth £3.75B – Up £1.45B In One Year

9:38 am, Wednesday, May 14th, 2014 by Dr. Ed Harrison · 24 Comments

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.

laughing mike ashley

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:

  1. Sri and Gopi Hinduja, £11.9bn, up £1.3B
  2. Alisher Usmanov, £10.65B, down £2.65B
  3. Lakshmi Mittal and family, £10.25B, up £250M
  4. Len Blavatnik, £10B, down £1B
  5. Ernesto and Kirsty Bertarelli, £9.75B, up £2.35B
  6. John Fredriksen and family, £9.25B, up £450M
  7. David and Simon Reuben, £9B, up £719M
  8. Kirsten and Jorn Rausing, £8.8B, up £3.69B
  9. Roman Abramovich, £8.52B, down £780M
  10. The Duke of Westminster, £8.5B, up £700M
  11. Galen, Hilary and George Weston and family, £7.3B, up £650M
  12. Charlene de Carvalho-Heineken and Michel de Carvalho, £6.36B, down £635M
  13. Mohamed Bin Issa Al Jaber and family, £6.16B, up £1.65B
  14. Carrie and Francois Perrodo and family, £6.14B, new
  15. German Khan, £6.08B, new
  16. Sir David and Sir Frederick Barclay, £6B, up £3.65B
  17. Hans Rausing and family £5.9B, up £1.18B
  18. Nicky Oppenheimer and family, £4.57B, up £785M
  19. Earl Cadogan and family, £4.2B, up £525M
  20. Joseph Lau and family, £4.03B, down £570M
  21. Sir Philip and Lady Green £3.88B, no change
  22. Denis O’Brien, £3.85B, up £486M
  23. Mike Ashley, £3.75B, up £1.45B
  24. Sir Richard Branson and family, £3.6B, up £86M
  25. Idan Ofer, £3.43B, new

Comments welcome.



Tags: Financials · Newcastle News · Other News



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24 responses so far ↓

  • 1 cestriasteve // May 14, 2014 at 9:46 AM

    Remember 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.

  • 2 Ben3arfa // May 14, 2014 at 9:48 AM

    Constantly being reminded of how wealthy Mike Ashley is like rubbing salt into a wound .

  • 3 Jail for Ashley // May 14, 2014 at 9:48 AM

    cestriasteve,
    I don’t think 10M will do it tbh, not until he’s in to the last two years of his contract.

  • 4 MacToon // May 14, 2014 at 9:50 AM

    I see Mash Holdings have recorded record profits too!

  • 5 cestriasteve // May 14, 2014 at 9:52 AM

    Jail, 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.

  • 6 cestriasteve // May 14, 2014 at 9:59 AM

    Mactoon, 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.

  • 7 Slank // May 14, 2014 at 10:00 AM

    Generally, 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.

  • 8 bobby mango // May 14, 2014 at 10:09 AM

    cestriasteve – 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.

  • 9 toonarmydownsouth // May 14, 2014 at 10:11 AM

    Following 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

  • 10 jesperfuglsang - captain of the lemon crew // May 14, 2014 at 10:14 AM

    If you look at Ashley’s worth and his growth then he is one of the highest earners!

  • 11 Jail for Ashley // May 14, 2014 at 10:14 AM

    Mac,
    I heard yesterday that there are now rooftop tours of the stadium, I wonder which one of his companies is that sourced out to.

  • 12 Average_Contents // May 14, 2014 at 10:18 AM

    Jfa

    More importantly, how much of a cut do NUFC receive if any

  • 13 cestriasteve // May 14, 2014 at 10:19 AM

    Bobby, 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!!

  • 14 Big Pappa Cissé // May 14, 2014 at 10:22 AM

    So 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 :( .

  • 15 cestriasteve // May 14, 2014 at 10:25 AM

    BPC, 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.

  • 16 ERER // May 14, 2014 at 10:28 AM

    Pretty sure this is inaccurate as hell, last year Ashley was worth 4Bn himself and his family 35Bn

  • 17 Jail for Ashley // May 14, 2014 at 10:29 AM

    bobby mango,
    If Ashley kept his word he could easily sponsor SD on our shirts without flouting the FFP.

  • 18 Sav // May 14, 2014 at 10:37 AM

    Perhaps he could afford ManU now? – Mid-table, not in Europe, no cups – it fits the Monster Mash profile to a T.

  • 19 GEORDIE69 // May 14, 2014 at 10:38 AM

    Mike 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!

  • 20 lesh // May 14, 2014 at 10:40 AM

    ERER….

    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?

  • 21 Phatoon // May 14, 2014 at 10:50 AM

    He’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….

  • 22 Phatoon // May 14, 2014 at 10:52 AM

    TADS

    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.

  • 23 mindshaft // May 14, 2014 at 10:53 AM

    @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!

  • 24 ilovetoon8788 // May 14, 2014 at 1:57 PM

    What’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..




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