This article was amended on 8 October 2019 to reflect the fact that Charles James FitzRoy, 6th Baron Southampton (who died in 2015) did not leave a probate of £25.4m. This massive whiskey business was started by William Grant in 1887. Prominent Member: Michael Ashley. Industry: Retail He owned an eighteen per cent stake in the company. The British royal family comprises Queen Elizabeth II and her close relations. Industry: Auto He opened it in the 1980s, and it did well, defeating competition until he sold the business for more than one billion pounds to a private equity firm. Net worth: £1,12 billion But then, he moved to London with the company, and it became an artist and manager company. At the head of the league of aristocratic wealth stands the high-profile figure of Hugh Grosvenor, 7th Duke of Westminster, who will eventually inherit the personal fortune worth some £659m in 2019 prices left by his father following his death in 2016. Family travel can be fun for everyone as long as you remember to include child-friendly attractions in your itinerary. It currently operates in more than 120 countries. Net Worth: £2,3 billion Industry: Legal “We would argue that isn’t so much the case. All rights reserved. He also founded Blue Whale Capital, a small investment firm, in 2017. He studied civil engineering as well as economics. The family still owns 48% of the company, though it owns it through a multitude of financial vehicles (trustee companies, charities, etc.). Caudwell worked as an engineering foreman. The same figure, adjusted to reflect current purchasing power, stood at £4.2m between 1978 and 1987. Net Worth: £5,1 billion Laurence himself was born in London, though he now resides in Switzerland in the city of Gstaad. close. Prominent Member: Sir Ian Wood. Dimplex was the leading electrical equipment brand. Livingstone received his education from St. Paul’s School of London, and he also attended City University. Jive then had a subsidiary, Silvertone, which was extremely successful. The pioneering research, based on data from the wills of nearly 2,000 title holders, demolishes the widespread image of a bumbling British aristocracy in genteel decline by showing that many of its present day members are canny investors. William Grant and Sons also has owned several distilleries, including Glenfiddich, Balvenie, Girvan, Kininvie, Alisa Bay and Tullamore. She began a solicitor, as well as an adjunct law professor at Queens University Belfast. He was an apprentice with Bristol Aero Engines. It also has holdings in plastics. It recently bought out Phoenix Car Company. He founded Ryanair, studying the way Southwest Airlines worked. Family Business: Coolmore Stud It is a conglomerate with holdings in many different industries, such as packaging, tech, port operations, cards, food, steel, and cars. Are they individual people who control the wealth? His first business venture was Stokes Kennedy Crowley, and he studied the Irish taxation system before leaving two years later to start a news business in Dublin. Even though the airport was a very risky buy, Desmond was able to turn it around. The two then made the move to real estate development, and a lot of their early efforts were financed by Jacob Rothschild. Net Worth: £3 billion The data underlines the entrenched nature aristocratic wealth and the tight-knit social circles in which many title holders move. ABP Food Group, founded in 1954, is one of the largest agricultural businesses in Europe. It recently bought up the Fluid & Power Division of Textron. He then worked for the hedge fund firm Perry Capital, where he earned £75 million. As such it only follows that the UK has a ton of rich families, whether they are rich from royal lineage, business industry, acting, singing, or some other source of income—there are some families in the UK making serious cash. Family Business: BlueCrest Capital Management He was succeeded by his son, Henry Fitzroy, the former Viscount Ipswich. She is the second-richest Irish person. Short also owns the finance company Kildare. The Early New England Families Study Project provides accurate and concise published summaries of seventeenth-century New England families. Family Business: Harrods Prominent Member: Mahdi Al-Tajir. He resides in London, though he has kept his Emirati nationality. He is also into politics, becoming a Senator in Tipperary. It was assumed that if a man or a woman reached the age of 30, they would probably only live for another 20 year. USA: The home of old money. He travelled throughout Europe, the East, and the States with the importer. The Weston family is among the richest in the UK thanks to its ownership of the company Holt Renfrew. Family Business: GlenDimplex He is a billionaire businessman and a noted philanthropist. Industry: Finance His company has investments in textiles, trading, food, iron, telecom, customer support, and more. They worked first as plasterers and left school while still in their teens to get jobs there. Prominent Member: Brian Kelly. He has been donating to Fianna Fail since the 1990s. At the time of its founding in 1973, it had only ten people. Share . About sharing. Family Business: National Hunt Racing Family Business: Mountbrook Homes He has five children. Prominent Member: Laurence Graff. He also invented a new type of washing machine, which used rotating technology, as well as an innovative hand-dryer. Family Business: Ineos Family Business: Stallion Group Weston was born in Dublin. Select filters then press SEARCH below + Usage or language. Family Business: Holt Renfrew Dyson sources and makes its products in the UK, expanding their campuses and adding thousands of jobs to the British economy. Clive started The Zomba Group with Ralph Simon. Net Worth: £2,2 billion The founder, Parmanand Hinduja, was born in British India in what is now known as Pakistan. Prominent Member: Michael Platt. Net Worth: £5,1 billion Ostentatiously sitting in dilapidated drawing rooms with buckets and pails catching drips from the beautiful but bowed stucco ceiling, they have extended the begging bowl. He opened a garment store in Hackney, and grew his business from there. Family Business: Dunnes Store Family Business: House of Fraser Net worth: £1,54 Queen Elizabeth II and the British royal family have multiple sources of … In 2018, the number of families in the UK continued to rise to 19.1 million. The next echelons of marquesses, earls and viscounts were worth £14.5m and £11.2m, while the far more numerous barons (totalling more than 800 title holders, including the father of former Chancellor George Osborne) were worth on average £9.3m. They recently invested more than one billion pounds into new technology and advancements. Desmond also bought up other businesses, including the London City Airport. Ecclestone retired recently, being replaced as the CEO by Chase Carey. McColl’s father was a butcher, and he was raised outside of East Kilbride in a tiny town. He graduated in 1983. It also offers great value for money. He was one of six children, and he attended Trinity College, where he got his Bachelor’s in economics and social studies. Prominent Member: Lady Ballyedmond. He resides in northern Scotland. The business has been around since 1995. David and Simon Reuben (the Reuben Brothers) are two brothers that were born in India, but they moved to Islington. The Platt family has its finances sourced from banking and financing. Prominent Member: Deirdre Lyons. It owns forty-two radio stations, and it is the parent company of Digicel, O’Brien’s other tech venture. Net Worth: £4,5 billion Net Worth: £9 billion Read more . The company’s subsidiaries operate in 27 countries. Mark Lyons, Deirdre’s husband, has a degree in solid soil fermentation. They have their interests in media, property, and retail. Family Business: Everton F.C. The Hargreaves family has its wealth in finance, investments, and banking. Net worth: £1,73 billion The growth of residential domestic service, … The Astor family is considered as America’s first aristocrats. They descended from English colonists who primarily settled at Jamestown, Williamsburg, The Northern Neck and along the James River and other navigable waters in Virginia during the 17th century. If you're the parent, partner, child or carer of someone who uses drugs, you may feel worried, frustrated and alone. He also worked in accounting after taking courses at London Business School and getting his MBA from there. Prominent Member: Anthony Bamford. Comer Group is privately-owned, and it focuses on real estate development. One foundation is an NGO (non-governmental organisation) that focuses on healthcare. But he really hit the jackpot when he founded Phones4u. He was educated at the Northern Polytechnic Institute, and before that, attended Jewish Free School. On average, Britain’s 600 or so aristocratic families are now as wealthy as their Victorian forebears at the height of Britain’s imperial expansion. Family Business: Ryanair He was born in 1929, and he is a Parsi. Family Business: Formula One The data suggests that Britain’s wealthiest aristocrats have weathered the economic problems caused by the 2008 financial crisis, apparently using existing assets to take advantage of low interest rates to buy up stocks and shares and other investments which have rocketed in value. He jumped to Ineos in 2000, when he left his former job to become not just the CFO of Ineos, but also the minority shareholder. Industry: Healthcare Their children (Young Jolyon and Soames) are a transitory generation, but already fully genteel. His firm is among the largest and most profitable in Ireland. 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