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 £...
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