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£250m slips down the back of Mike Ashley’s sofa

6 years ago

Mike Ashley has made the latest rich list of the wealthiest people in the UK.

The Sunday Times Rich List calculates the wealth by including land, property, assets or significant shares but excludes bank accounts.

The list is below with the Newcastle United owner in 22nd place:

£13.2bn Len Blavatnik

£13.0bn Sri and Gopi Hinduja

£11.0bn Galen and George Weston and family

£9.8bn Alisher Usmanov

£9.7bn David and Simon Reuben

£9.4bn Ernesto and Kirsty Bertarelli

£9.2bn Lakshmi Mittal and family

£8.7bn Kirsten and Jorn Rausing

£8.6bn The Duke of Westminster

£7.3bn Roman Abramovich

£7.2bn John Fredriksen and family

£7.1bn Charlene de Carvalho-Heineken and Michel de Carvalho

£6.5bn Sir David and Sir Frederick Barclay

£6.4bn Hans Rausing and family

£5.9bn Mohamed Bin Issa Al Jaber and family

£5.8bn Carrie and Francois Perrodo and family

£5.0bn Nathan Kirsh

£4.8bn Earl Cadogan and family

£4.5bn Nicky Oppenheimer and family

£4.1bn Sir Richard Branson and family

£3.7bn Bruno Schroder and family

£3.5bn Mike Ashley

However, the rich list is skewed due to the fact that so many of the World’s richest people are attracted to live in London.

For example the top ten above includes only three who are British citizens.

So when it comes to the wealthiest Brits, Mike Ashley is in reality way higher up the list of the UK’s richest.

Last year the Sunday Times estimated Ashley’s fortune at £3.75bn, so £250m has slipped down the back of his sofa in the last 12 months.

All the signs are though that with the NUFC owner diversifying and expanding increasingly overseas, his fortune will once again be on a steep upward trajectory.

Newcastle United’s place in all this of course is to both make money for Mike Ashley and support the rest of his empire with free promotion around the world.

It remains to be seen however, just how valuable Ashley will see his connection with Newcastle United moving forward if the Newcastle fans (and others) keep up their pressure on the billionaire.


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