Monday 30 April 2012

Rich List

 MULBERRY has helped its owner Christina Ong to an incredible year, which saw her rise 53 places to number 61 on The Sunday Times Rich List. The Singaporean retailer - who also owns franchises of Emporio Armani, Prada and Donna Karan - made £1.2 billion last year thanks to a 70 per cent growth at Mulberry. It's not been such a great year in retail for Sir Philip and Lady Green, who own Arcadia; and George and Galen Weston, who own Selfridges. Green's wealth dropped £900 million this year leaving him at number 17, whilst the Westons lost around £100 million, although still scraped into the top 10 with earnings of £5.9 billion.

The Richest Couples List features several from the style set - including Sir Paul McCartney and Nancy Shevell (£665 million), Sir Paul and Lady Smith (£280 million), David and Victoria Beckham (£190 million), and Catherine Zeta-Jones and Michael Douglas (£185 million). Some more unexpected additions come from the 60 Richest People Under 30 List, which includes Thomas Persson - the London-based 24-year-old who runs his father's company, H&M, with his older brother and holds a 36 per cent stake, giving him earnings of £700 million - as well as a host of actors and actresses. Film franchises are unsurprisingly the route to great wealth - with Robert Pattinson, Emma Watson, Daniel Radcliffe and Rosie Huntington-Whiteley all featuring - as well as Vogue cover girls Natalia Vodianova, Keira Knightley, Adele, and Florence Welch all featuring.










LAUREN MILLIGAN 30 April 2012
http://www.vogue.co.uk/news/2012/04/30/sunday-times-rich-list---mulberry-sir-philip-green-arcadia

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