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West Midlands’ wealthiest revealed in new Sunday Instances Wealthy Record

May 17, 2025
in Local News
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At the top: Lord Bamford and family, price £9.45bn—up from £7.65bn final yr. Their firm, JCB, recognized for its iconic yellow diggers, paid out £300m in dividends over the previous 12 months.

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Anita Maric… Information Staff worldwide. .. Sir Anthony Bamford exterior JCB Headquarters, Rocester, Staffordshire.Credit score: Anita Maric/newsteam21/03/2011.Sir Anthony Bamford exterior JCB Headquarters, Rocester, Staffordshire.Credit score: Anita Maric/newsteam21/03/2011 (21981046). jcb | 24 Jun 2016 JC Lord Bamford, Chairman of JCB since 1975

In second place are Denise, John, and Peter Coates of Bet365, with a £9.44bn fortune. They noticed the largest acquire within the area, up £1.9bn.

Former Birmingham pupil Ben Francis of Gymshark makes the checklist once more. His wealth grew whilst firm income dipped. He’s as soon as once more been named the richest younger particular person within the Midlands.

Ben Francis founder of Gymshark
Ben Francis founding father of Gymshark

This yr’s 76-page version additionally marks a milestone: the largest drop in UK billionaires for the reason that checklist started 37 years in the past—down from 177 in 2022 to 156 in 2025. It’s the third yr in a row the depend has fallen, with this being the steepest decline.

The 350 people and households featured now maintain a mixed £772.8bn—down 3% from final yr. That’s nonetheless greater than Switzerland’s annual GDP.

Acquainted names like Sir Elton John, Lord Lloyd-Webber, Sir Mick Jagger, Keith Richards, Euan Blair, Sir Lewis Hamilton, and Sir Christopher Nolan additionally seem.

The entry threshold stays at £350m, reflecting a stagnant yr on the high.

Robert Watts, the checklist’s compiler, famous: “The Wealthy Record is evolving. There are fewer billionaires, and total wealth is down. Fewer world elites are selecting to stay within the UK, and tax adjustments—particularly the tip of non-dom standing—are sparking backlash, not simply from overseas traders however from UK entrepreneurs and household enterprise homeowners, too.”

He added that new fortunes are nonetheless being made throughout sudden sectors—from AI and gaming to make-up, radiators, and jogging bottoms: “What conjures up readers most are the tales of people that began with little and constructed their wealth from scratch.”

The full list is obtainable on-line and within the print version on Sunday, 19 Might.



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