YORKSHIRE’S RICHEST TOP 20 SHARE A COLLECTIVE FORTUNE OF CLOSE TO £10BN
The Healey brothers, Eddie and Malcolm, remain the richest people in Yorkshire, according to The Sunday Times Rich List 2014. A total of 20 people from Yorkshire worth more than £180m are included in this year’s Sunday Times Rich List, which is published in a special 116-page edition of The Sunday Times Magazine on May 18.
The 20 richest in Yorkshire are worth £9.941billion collectively, with the Healey brothers accounting for £1,300m of that. The elder brother, Eddie, now aged 76, made his fortune from property deals, the biggest of which, the sale of the Meadowhall shopping centre, near Sheffield, made him £420m. His younger brother, Malcolm, 69, made £200m from building and selling Hygena Kitchens. He repeated the process with a similar business in America, this time earning £800m from the sale.
Joining the Healey brothers and Lord Kirkham and family (worth £1,150m following the proceeds from the sale of his DFS furniture empire) in the billionaire club is Tony Murray. Now aged 94, Murray and his family are worth £1,013m, much of that tied up in Andrew Sykes, a hirer of heating and air-conditioning equipment, and London Security, a Leeds-based fire protection business which includes the Nu-Swift fire extinguisher brand. Paul Sykes ranks sixth in the Yorkshire Rich List. Like Eddie Healey, he made money from the sale of Meadowhall, but his Highstone property operation has further assets put at £253.7m in 2012-13. With personal wealth of £650m, he has deep pockets and is using some of his money to underwrite UKIP’s advertising campaign for next week’s European elections.
Just beneath Sykes in the Yorkshire wealth stakes, in seventh place, is Terry Bramall and family with £425m. However, Bramall ranks third nationally in this year’s Sunday Times Giving List off the back of£107.4m given to charity since he sold the Keepmoat construction group in late 2007. Bramall endowed the Liz and Terry Bramall Foundation the following year with an initial gift of more than £96m, which has earned a further £11m in investment income for the charity in the five years since.
On the other side there’s some bad news for Sir Ken as he sees a fall in his fortune as he goes down two places and has a decrease in wealth of £105m.
The cumulative giving dating back to 2008 is recognised for the first time in the new Giving List.
The 26th annual Sunday Times Rich List was published on May 18 in a special 116-page issue of The Sunday Times Magazine,
which profiles the 1,000 richest individuals and families in the UK and the wealthiest 250 in Ireland. The list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. It excludes bank accounts, to which the paper has no access.
The Sunday Times Rich List 2014 is compiled by Philip Beresford, the leading authority on British
