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Hoteliers lead the way in 2017 Rich List

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Hoteliers lead the way in 2017 Rich List

Hotel owners once again made up the majority of the hospitality industry’s representatives in the Sunday Times Rich List 2017.

Topping the list of hospitality figures, and third in the overall list of the 1,000 richest people in Great Britain and Ireland, were David and Simon Reuben, with £14b, up by £900m from last year.

The brothers have investments in pubs and hotels around the world, including a fully owned portfolio of boutique hotels, mostly in the south east of England, featuring properties such as the Lingfield Park Marriott Hotel & Country Club. They also own a stake in hospitality and leisure company Belmond, formerly Orient-Express Hotels, and purchased the loans on three global luxury hotels including Grosvenor House in London, as well as two hotels in New York – the Plaza and Dream Downtown – in 2015.

In seventh place overall are Galen and George Weston, down from fourth last year.  They derive most of their wealth from retailing but their Wittington Investments arm acquired the Grand Hotel in Brighton in 2014 for around £50m, to add to its Richmond Hill hotel in Surrey. Both are managed by Kew Green Hotels.

Ninth is Hugh Grosvenor and the Grosvenor family. Hugh Grosvenor, 26, became Duke of Westminster last year when his father Gerald died aged 64. Grosvenor Group, which controls the Grosvenor Estate, an extensive property portfolio, includes the Chester Grosvenor hotel and the Beaumont hotel in London, which is leased to Corbin & King.

Sir David and Frederick Barclay fell to 15th in the list but their total estimated wealth climbed £200m to £7.2b. They sold their interest in the Maybourne Group two years ago for more than £2.4b but still own the Ritz in London.

3 David and Simon Reuben, £14b, property and internet

7 Guy, George and Galen Jr Weston and family, £10.5b, retailing

9 The Duke of Westminster and the Grosvenor family

15 Sir David and Sir Frederick Barclay, £7.2b, property, media, internet retailing

16 Mohamed Bin Issa Al Jaber and family, £6.8b, hotels, food, industry

23 Richard Branson and family, £4.9b, transport, finance, fitness clubs, hotels

25 Joe Lewis, £4.6b, shareholder in Mitchells and Butlers

31 Ian and Richard Livingstone, £3.7b, owners of Chewton Glen and holders of the hotel lease at Cliveden House

35 Lord Bamford and family, £3.3b, construction equipment (as well as the Wild Rabbit, Kingham, Chipping Norton)

36 Sir Henry Keswick and family, £3.3b, property, retailing and hotels

37 Eddie and Sol Zakay, £3.3b, property and hotels (Topland Group)

84= Poju and Anita Zabludowicz, £1.5b, property and hotels

100 Christina Ong and family, £1.3b, retailing, hotels

128 Jasminder Singh and family, £1b, hotels

137 Sir Charles Dunstone, £946m, mobile phones and restaurants (Five Guys and Made on Demand)

189 Peter Harris and family, £680m, hotels and caravan parks (Bourne Leisure)

206 Paddy McNally, £610m, advertising and hospitality

209= Sir Peter Rigby, £600m, computers, aviation and hotels (Eden Hotel Collection)

227 Ranjit and Baljinder Boparan, £544m, food and restaurants (Boparan Restaurant Group owns Giraffe, Ed’s Easy Diner and Cinnamon Collection)

242 Richard Caring, £510m, restaurants, property (Caprice Holdings)

245= Sir David and Lady Tang and family, £500m, fashion and restaurants (including China Tang at the Dorchester in London)

254= Andrew Nisbet and family, £470m, catering equipment

275= Tim and Kit Kemp, £450m, hotels (Firmdale Hotels)

349 Sir Rocco Forte and Olga Polizzi and family, £340m, hotels

357= Adam, Samuel and Jonathan Kaye and family, £330m, restaurants

363= Tim Martin, £322m, pubs (JD Wetherspoon)

365= Marlon Abela, £320m, restaurants (MARC Group)

371= Firoz Kassam, £315m, hotels and property

374= The Walduck Family, £310m, Imperial London Hotels

380= Robert Earl, £302m, restaurants

398 Iris Gibbor and family, £298m, hotels

415 Andrew and Christina Brownsword, £280m, greetings cards and hotels

431= Colin Allen and family, £267m, caravan parks and hotels

433= Guy and Julia Hands, £265m, finance and hotels (Hand Picked Hotels)

443 Surinder Arora and family, £258m, hotels (Arora Hotels)

472 Hugh Osmond, £248m, hospitality and insurance (Strada)

475= Alex Langsam, £240m, hotels (Britannia Hotels and Pontins)

485= Norman Springford and family, £235m, hotels (Apex Hotels)

503= Duncan Bannatyne, £225m, hotels and fitness clubs (Bannatyne’s)

567= Bakir Cola and family, £200m, hotels (including the Westbury in Mayfair)

636= Koolesh Shah and family, £178m, hotels (London Town Group)

640= Khoo Kay Peng, £177m, retailing, hotels, food

694= Lord Fink, £160m, hedge fund, hotels

694= John Marston and family, £160m, property, hotels

772= Julian Metcalfe, £149m, sandwiches, restaurants

793= Mohammed Galadari, £140m, property, hotels

815= Aran and Arvan Handa and family, £137m, hotels

819= Lady Nina Bracewell-Smith and family, £135m, football, hotels

819= Sharan Pasricha, £135m, hotels (Ennismore International Management)

Hoteliers dominate 2016 Rich List >>

Hoteliers dominate Sunday Times Rich List 2015 >>

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