TREASURE ISLAND: London’s Sunday Times has published its annual rich list — with all its ups and downs. The Duke of Westminster, with his acres of property in central London, retains the top spot with a fortune valued at $7.79 billion. All...
TREASURE ISLAND: London’s Sunday Times has published its annual rich list — with all its ups and downs. The Duke of Westminster, with his acres of property in central London, retains the top spot with a fortune valued at $7.79 billion. All figures are calculated at current exchange rates. The self-made retail entrepreneur Philip Green, owner of Topshop and a slew of other High Street stores, rose to number six from 13, thanks to recent acquisitions and a net worth of $2.94 billion. Sir Paul McCartney also rose up the golden ladder, climbing to number 29 from 34, with a fortune of $1.21 billionbecause of increasing royalties and the success of the Beatles 1 album in 2001. Among those falling in the ranks isLawrence Stroll, who slid to 103 from 89 with a fortune estimated at $508.8 million, due, the Sunday Times said, to a lower valuation of the Asprey business. Stroll, however, is in good company. Even Queen Elizabeth slid to number 133 from 125 — with a fortune of $397.5 million. The paper attributed her slimmer bank account to her late mother’s overdraft, generous financial help for Prince and Princess Michael of Kent and a decrease in her investment portfolio.
NEW GC FOR KMART: Harold Lueken will join Kmart Corp. as senior vice president and general counsel, effective May 12. Lueken succeeds Michael Macik, who will be retiring. Lueken will be responsible for the Troy, Mich.-based discounter’s legal and human resources departments, and will report to chief executive officer Julian Day. Previously, Lueken served as managing director and general counsel of corporate investment banking at Banc of America Securities. Prior to that, he was principal and general counsel to real estate businesses at Morgan Stanley Dean Witter & Co. "Harold Lueken is an accomplished corporate attorney who is ideal to direct Kmart’s legal and human resources functions as the company emerges from Chapter 11," said Day in a statement.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
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