NEW WEALTH: It’s rare to see new fashion entries on the annual Sunday Times of London Rich List, but this year three famous families joined the hotly anticipated ranking: Husband-and-wife team Tom and Ruth Chapman, owners of the British retailer Matchesfashion.com; high-street retailer David Reiss and his family; and sisters Cara and Poppy Delevingne.
The Chapmans, who own brick-and-mortar stores in London as well as the Web site, came in at number 685 in the list of Britain’s 1,000 wealthiest denizens. According to the paper’s independent calculations, the Chapmans have a net worth of 150 million pounds, or $216 million, from their privately owned business, which had sales of 130 million pounds, or $200 million, last year.
All figures have been calculated at average exchange rates for the periods to which they refer.
Other newcomers included Reiss and his family, who earlier this month sold a majority stake in their eponymous high-street chain to Warburg Pincus for an undisclosed sum. The family now ranks at number 410, with a fortune of 255 million pounds, or $367 million.
Meanwhile, the Delevingne sisters, came in at number 49 on the Young Rich List, with a joint wealth of 14 million pounds, or $21 million pounds, from modelling and films.
During the year, steel and oil barons saw their fortunes fall, while retail and fashion tycoons stood relatively steady, with some seeing their wealth grow over the past year.
The richest people in Britain are the Reuben brothers, David and Simon, two Mumbai-born property investors with a joint net worth of 13.1 billion pounds, or $18.86 billion, while the Weston family, whose holdings range from Selfridges to Associated British Foods, have a net worth of 11 billion pounds, or $15.84 billion.
ABF, which owns Primark and is quoted on the London Stock Exchange, is worth 26 billion pounds, or $37.4 billion, and the Westons’ holding is worth 5.4 billion, or $7.78 billion.
Nicky Oppenheimer, whose family founded De Beers, is at number 18, with a net worth of 4.83 billion pounds, or $6.96 billion, while Sir Philip Green and his wife Tina, are ranked at number 29 with a net worth 3.22 billion pounds, or $4.64 billion. Fancy yellow diamond jewelers and art collectors Laurence and Francois Graff had a ranking of 30, and a net worth of 3.2 billion, or $4.61 billion.
At number 46 are François-Henri Pinault and Salma Hayek, worth 2.35 billion pounds, or $3.38 billion, while Stephen Rubin and his family, the owners of the Pentland sporting goods group, are reported to be worth 1.76 billion pounds, or $2.53 billion pounds.
Robert Miller, the founder of Duty Free Stores, and his daughter Marie Chantal of Greece, are ranked at number 65, worth 1.58 billion pounds, or $2.31 billion, while Ray Kelvin, the founder and owner of Ted Baker, has a net worth of 484 million, $697 million.
Catalogue king Johnnie Boden’s wealth is calculated to be 410 million pounds, or $590 million, while that of Leon Max, is said to be 400 million, or $576 million.
Other fashion multimillionaires to appear on the Sunday Times list, which was published today, include Superdry founder Julian Dunkerton, with a net worth of 338 million pounds, or $487 million; Dame Margaret Barbour, with 335 million pounds, or $482.4 million; David and Victoria Beckham, whose combined wealth equals 280 million pounds, or $403.2 million; and Paul Smith, with a 250 million pound, or $360 million, fortune.
Harvey Weinstein and Georgina Chapman also appear on the list, with a joint net worth of 200 million pounds, or $288 million, as does Asos.com founder Nick Robertson, with 150 million pounds, or $216 million.
Natalie Massenet, the founder of Net-a-porter, has a net worth calculated to be 135 million pounds, or $194.4 million. It is calculated to be 25 million pounds, or $36 million more than last year following the merger of Net-a-porter with Yoox Group and her exit from the new company.
The Sunday Times also compiled a ranking of the richest people in Europe, with Amancio Ortega, the founder and owner of Zara’s parent Inditex, at the top, with a fortune of 50.2 billion pounds, or $72.29 billion. c, meanwhile, is calculated to have a fortune of 25 billion pounds, or $36 billion.
Bernard Arnault has amassed a fortune of 23.6 billion pounds, or $33.98 billion, according to the Sunday Times, while Hennes & Mauritz owners Stefan Persson and Lottie Tham have a joint net worth of 21.7 billion pounds, or $31.25 billion.
Axel Dumas, whose family owns the publicly listed Hermès, is worth 17.3 billion pounds, or $24.91 billion, while Chanel owners Alain and Gerard Wertheimer are worth 16.4 billion pounds, or $23.62 billion.
Leonardo del Vecchio, the founder and owner of Luxottica, has a net worth of 12.9 billion pounds, or $18.58 billion, while the Benetton family has amassed a wealth of 8.1 billion pounds, or $11.66 billion.