Peter Hargreaves drops ten places on Sunday Times Rich List

Jenna Towler
clock

Billionaire Peter Hargreaves has dropped ten places on the Sunday Times Rich List losing about £496m from his personal fortune in the past 12 months.

The paper’s annual wealthiest list placed Hargreaves at 49, compared to 39 last year, and placed his wealth at £1.9bn. He was 47 on the list in 2013. The 68-year-old stepped down as chief executive of the £5.6bn business in 2010. He recently also left the board, the paper’s supplement said.  Hargreaves’ (pictured) stake in the firm is worth £1.8bn. His wealth in 2014 was £2.39bn.  He formed Hargreaves Landsown with business partner Stephen Lansdown who also dropped down the Rich List.  Lansdown, 62, is 77th on the 2015 list falling from 61. His fortune is now £1.3bn, down from £...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Complaints against financial services firms fall below 1.8 million

Complaints against financial services firms fall below 1.8 million

All major product groups saw fewer complaints

Sahar Nazir
clock 30 April 2025 • 2 min read
A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

A 1000-day wait: Pension transfer delays demand urgent reform, advisers say

Transfer delays highlight need for ten-day Pension Switch Guarantee

Sahar Nazir
clock 29 April 2025 • 2 min read
L&G drops fracture cover in critical illness and income protection overhaul

L&G drops fracture cover in critical illness and income protection overhaul

Increased pay out amounts

Jaskeet Briah
clock 29 April 2025 • 3 min read