from Birmingham Mail – Cannock News

Flush football club owners, billionaire businessmen and minted property moguls – the Black Country has them all.
The Birmingham Post Rich List details the fortunes of the 50 wealthiest people in the West Midlands and this year’s handy guide features 11 entries from across Dudley, Sandwell, Walsall and Wolverhampton.
As expected, the list – published in association with Quilter Cheviotis – is packed with the well-heeled, well-off and well-to-do but it is the wealthy football club owners who who have come out on top.
Wolverhampton Wanderers owner Guo Guangchang takes the premier position with his £4.5billion fortune, followed by West Bromwich Albion owner Guochuan Lai who has got £2.6 billion in the bank.
So who else made the cut? See our list below to find out.
Here are the richest people in the Black Country
The number in brackets shows ranking on main list, which can be found here .
1 (3) Guo Guangchang (Wolverhampton Wanderers) £4.5 billion – Football/Investment

Guo Guangchang
Guo Guangchang bought the club for £30 million in 2016 – and it was a great buy as they finished seventh in the Premier League last season after promotion and  are currently enjoying a Europa League cup run. Wolves are now the richest club in the West Midlands according Deloitte’s new Football Money League rankings, turning over £167m in the 2018/19 season.
The 52-year-old is also the major shareholder and runs the Fosun business, which has investment assets in the Europe including Club Med, nursery brand Silver Cross and entertainment group Cirque de Soleil.
2 (4) Guochuan Lai (West Bromwich Albion) £2.2 billion (£2.5bn) – Football/Eco-towns

Guochuan Lai, West Bromwich Albion owner
Guochuan Lai and his company Yunyi Guolai (Shanghai) Sports Development paid former chairman Jeremy Peace around £200 million in 2016 for an 88 per cent controlling interest in WBA Holdings Ltd. Profits dipped following relegation but the Baggies are eyeing up automatic promotion this season.
As former general manager of Chinese landscaping giant Palm, Lai helped develop the company from a regional landscape engineering company to one of the biggest in China. He remains a director of a number of Palm’s subsidiaries including Belt Collins International, Palm Landscape (Hong Kong), and Palm Design Holdings. Palm is also the principal sponsor of West Bromwich Albion.
3 (9) Jacques Gaston Murray and family (Andrew Sykes) £1.25 billion – Manufacturing
He might be the oldest person in our list – reaching the ripe old age of 100 next month – but Jacques Gaston Murray still takes an active interest in his Wolverhampton air conditioning and heating firm, despite residing in Switzerland.
One of his two main businesses is the Wolverhampton-based AIM-listed Andrew Sykes Group, which supplies industrial heating and air conditioning. The business is building its revenue both in the UK and overseas, with turnover rising to £78.6 from £71.3 million for the year to December 2018. Pre-tax profits grew to £20.7 million.
4 (13) Ranjit and Baljinder Boparan (2 Sisters) £680 million – Food

Ranjit Boparan’s career in food began behind the counter of a butcher’s shop in Bilston – the town where he was born.
Now, the founder of the 2 Sisters Food Group, has taken back control of the company’s core poultry operation, replacing UK poultry managing director Andrew McInnes.
The move comes as the group has been undergoing significant restructuring, divesting loss-making or non-core divisions. The strategy seems to be meeting with success, with losses stemmed and turnover increasing in a challenging marketplace.
5 (14) Caspar MacDonald-Hall (LCP) £600 million – Property
Caspar MacDonald-Hall’s main source of wealth is the Kingswinford-based London & Cambridge Properties, which has a property portfolio.
In the year to March 2019 revenue was up at £130 million compared to £121 million the previous year. Pre-tax profits were down at £60.3 million but underlying profits rose by six per cent when previous revaluations and disposals were taken into account.
6 (15) Richard Harpin (HomeServe) £620 million (£360m) – Insurance

Richard Harpin, CEO of Homeserve
Richard Harpin’s HomeServe, the Walsall-based home maintenance and insurance firm which he founded in 1993, is going from strength to strength. The company’s rapid growth, especially in the US, means the share price keeps going up, as do dividends.
Turnover in the six months to September 2019 increased to just shy of £458 million, with profits two per cent up to £37.7 million.
7 (16) Roy Richardson and family (Richardsons) £490 million – Construction
The Richardson family is actively involved in the boom in the click-and-collect market. Their business is working on a network of 25 logistics hubs around the country to take advantage of this growing market.
The family’s long-established partnership with Europe’s premier outlet operator McArthurGlen will see them establish a new £160 million West Midlands outlet, opening in Cannock later this year , and another in Remschied, Germany, in 2021.
8 (29) Jeremy Peace (WBA/Quadrant) £200million (£200m)- Finance/Football
Jeremy Peace sold his 88 per cent share of West Bromwich Albion football club in 2016 after nearly 16 years at the club, netting more than £175 million.
The club was bought by Guochuan Lai’s Shanghai-based Sports Development Ltd. The 63-year-old former banker is a lifelong Baggies supporter and was born and bred in West Bromwich.
9 (33) Rupert Mucklow (A&J Mucklow) £170 million – Construction

Rupert Mucklow sold Black Country industrial property group A and J Mucklow Group last year in a deal worth £415 million. He is due to step down from his roles as chairman and chief executive.
The business, founded in 1933 and a stalwart of the London Stock Exchange for almost 60 years, was acquired by property investor LondonMetric.
10 (37) Simon and Yu-Lin Wilson (Intouch Games) £156 million – Gaming
Simon and Yu-Lin Wilson’s Halesowen-based Intouch Games was crowned the region’s Digital Business of the Year at the end of 2018. The e-gaming firm behind PocketWin and mFortune took the top prize at the West Midlands Tech Awards run by BirminghamLive and CoventryLive.
The company is one of the UK’s largest privately-owned e-gaming businesses and has developed multiple, world-leading brands. Simon Wilson, 49, and Yu-Lin Wilson, 45, have a 75 per cent stake in the business.
11 (39) Jeremy Woolridge and family (Wedge Group) £150 million – Manufacturing
Jeremy Woolridge’s Willenhall-based Wedge Group, which galvanises steel and iron components, saw turnover jump by eight per cent in the year to March 2019, reaching £174.1 million.
Revenue was boosted by strong sales volumes in the UK and US, with a little help from exchange rates. Higher distribution costs and one-off items made a small dent in profits, but they were still healthy at £17.2 million.

Here are the 2020 entrants on the Birmingham Post Rich List – the organisation in brackets is the brand they are most closely associated with.
1. Nassef Sawiris (Aston Villa) £5.7 billion Football/Construction – 2019 No 1 £5.2bn

Aston Villa co-owner Nassef Sawiris retains his number one spot with an increase in wealth of half a billion pounds
Egyptian businessman Sawiris, 58, is executive chairman at Aston Villa and he and Wes Edens each bought a 27.5 per cent stake in Aston Villa in the summer of 2018 enabling them to take majority control.
Villa were promoted back to the Premier League in 2019 and the owners are planning an extensive £100 million programme of changes to the ground.
The Sawiris family fortune comes from a multifaceted conglomerate Orascom Construction Industries which has interests in telecommunications, construction and tourism.
2. Lord Bamford and family (JCB) £4.8 billion Manufacturing – 2019 No 2 £4.5bn

Anthony Paul Bamford, Baron Bamford, chairman of JCB, which opened its new £50 million factory in Staffordshire last year
Strong export demand in India and China has resulted in profits rising impressively to £447 million and turnover hitting £4.1 billion as the global construction equipment market reached an all-time high of one million machines.
JCB has also opened a new £50 million factory in Staffordshire turning out more than 100,000 cabs a year and creating 200 jobs. However, yellow goods are falling in some markets – particularly Europe, while the company is braced for lower global demand in the year ahead.
3. Guo Guangchang (Wolverhampton Wanderers) £4.5 billion Football/Investment – 2019 No 3 £4.2bn

Since Guo Guangchang took over Wolves in 2016 the club have been promoted to the Premier League and are currently enjoying a European cup run
Guo Guangchang, 52, is the major shareholder and runs the Fosun business, which has investment assets in the Europe including Club Med, nursery brand Silver Cross and entertainment group Cirque de Soleil.
Guangchan is also the owner of Wolves, which he bought for £30 million in 2016, and who finished seventh in the Premier League last season after promotion, are currently enjouying a Europa League cup run. Wolves are now the richest club in the West Midlands according Deloitte’s new Football Money League rankings, turning over £167m in the 2018/19 season.
4. Guochuan Lai (West Bromwich Albion) £2.2 billion (£2.5bn) Football/Eco-towns – 2019 No 4 £2.6bn

Guochuan Lai took control of West Brom in 2016 and they are again pushing for promotion to the Premier League
Guochuan Lai and his company Yunyi Guolai (Shanghai) Sports Development paid former chairman Jeremy Peace around £200 million in 2016 for an 88 per cent controlling interest in WBA Holdings Ltd. Following relegation profits dipped but the Baggies are eyeing up automatic promotion this season.
As former general manager of Chinese landscaping giant palm he helped develop the company from a regional landscape engineering company to one of the biggest in China. He remains a director of a number of Palm’s subsidiaries including Belt Collins International, Palm Landscape (Hong Kong), and Palm Design Holdings. Palm is also the principal sponsor of West Bromwich Albion.
5= Lord Paul of Marylebone & Family (Caparo) £2 billion Manufacturing – 2019 No 8 £1.5bn

Angad Paul is owner of the Caparo Group involved mainly in the steel industry
Lord Paul’s business interests have recovered from the steel industry crisis which saw much of its UK assets go into administration before being acquired by the Gupta family’s Liberty House Group.
Some of the Caparo group – of which Lord Paul is chairman – survived, and it still has extensive property investments in the UK and Switzerland, as well as hotels.
5= Wes Edens (Aston Villa) £2 billion Football/Investment – 2019 No 5 £1.9bn

American businessman, Wes Edens, became the co-owner of Aston Villa with Nassef Sawiris in 2018
Investment banker Wes Edens is co-chairman of Aston Villa, having taken a 55 per cent stake in the club jointly with Nassef Sawiris in 2018.
The 58-year-old is co-founder of Fortress Investment Group, a private equity firm set up in 1998, and focussed on investment in major infrastructure projects, including a £2.5bn project to build a private passenger railroad in Florida. In 2007 Fortress, where he is still co-chief executive, was one of the first private equity funds to go public. In 2017 it was bought by SoftBank for more than £3bn.
7. John Bloor (Bloor Homes/Triumph) £1.9 billion Manufacturing/Construction – 2019 No 6 £1.85bn
John Bloor’s two main businesses are breaking records. Results published in 2019 show a pre-tax profit of £190 million on record sales of £1.7 billion.
Bloor Investments – parent of Bloor Homes and Triumph Motorcycles – continues to report soaring profits and revenue.
Triumph Motorcycles made a £9.5 million profit in the year to June 2019 despite challenging market conditions. Bloor Homes is one of the largest privately-owned housebuilding groups in the UK and turns over £1.1 billion.
8. John Caudwell (Phones4U) £1.6 billion Mobile Phones – 2019 No 7 £1.56bn

John Caudwell founded Phones4u and made a fortune when he sold the company in 2006
The Birmingham-born businessman, aged 66, entered the realm of the super-rich in August 2006 when he sold his Phones4U mobile phone empire for £1.46 billion.
Now most of his interests are in property through his Caudwell Collection business. He has also set up charities such as Caudwell Children, which over the past 20 years has helped provide specialist equipment, treatment and therapy for sick and disabled children in the UK.
9. Jacques Gaston Murray and family (Andrew Sykes) £1.25 billion Manufacturing – 2019 No 9 £1.2bn
Jacques Gaston Murray is the oldest person in our list – he will be 100 next month – but he still takes an active interest in his Wolverhampton air conditioning and heating firm, despite being resident in Switzerland.
One of his two main businesses is the Wolverhampton-based AIM-listed Andrew Sykes Group, supplying industrial heating and air conditioning. The business is building its revenue both in the UK and overseas, with turnover rising to £78.6 from £71.3 million for the year to December 2018. Pre-tax profits grew to £20.7 million.
10. Lord Edmiston (IM Group) £1.1 billion Property/Automotive – 2019 No 10= £1bn

Lord Robert Edmiston of Lapworth (right) owner of IM Group, which opened a new £30m headquarters last year
The IM Group is made of the property company IM Properties and the International Motors automotive franchises and has net assets of well over £600 million. Pre-tax profits exceed £60 million.
He is one of the UK’s biggest philanthropic donors and is devoting more of his time to religious and educational charities. He set up Christian Vision in 1988, a worldwide charity aiming to help a billion people.
11. Tony Gallagher (Gallagher Developments) £1 billion Construction – 2019  No 12 £925m
Tony Gallagher is now busy building up a £1 billion private rented sector portfolio in London and other major cities. He’s not short of the cash to do it, having pocketed £525 million from the sale of Gallagher Estates in 2017. The Warwick-based business was acquired by a London housing association.
Gallagher Developments, his retail and property investment and development business, continues to acquire and develop prime commercial land.
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12. Sir Peter Rigby (Rigby Group) £980 million IT/Aerospace – 2019 No 11 £950m
Sir Peter Rigby’s Warwickshire-based Rigby Group – one of the largest private businesses in the Midlands – unveiled another set of record-breaking performance figures in September.
Revenues have increased by nearly £400 million while profits in the year to March 2019 are higher than at any time in its 44-year history at £65.4 million.
13. Ranjit and Baljinder Boparan (2 Sisters) £680 million Food – 2018 No 14 £700m

Ranjit Boparan, owner of 2 Sisters Food Group, which has undergone significant restructuring
Ranjit Boparan, the founder of the 2 Sisters Food Group, has taken back control of the company’s core poultry operation. He has replaced UK poultry managing director Andrew McInnes.
The move comes as the group has been undergoing significant restructuring, divesting loss-making or non-core divisions. The strategy seems to be meeting with success, with losses stemmed and turnover increasing in a challenging marketplace.
14. Caspar MacDonald-Hall (LCP) £600 million Property – 2018 No 15 £560m
Caspar MacDonald-Hall’s main source of wealth is the Kingswinford-based London & Cambridge Properties which has a property portfolio.
In the year to March 2019 revenue was up at £130 million compared to £121 million the previous year. Pre-tax profits were down at £60.3 million but underlying profits rose by six per cent when previous revaluations and disposals were taken into account.
15. Richard Harpin (HomeServe) £620 million (£360m) Insurance – 2019 No 16 £520m

Richard Harpin, founder and CEO of Homeserve, the Walsall-based home maintenance and insurance firm
Richard Harpin’s HomeServe, the Walsall-based home maintenance and insurance firm which he founded in 1993, is going from strength to strength. The company’s rapid growth, especially in the US, means the share price keeps going up, as do dividends.
Turnover in the six months to September 2019 increased to just shy of £458 million, with profits two per cent up to £37.7 million.
16. Roy Richardson and family (Richardsons) £490 million Construction – 2019 No 17 £480m
The Richardson family is actively involved in the boom in the click-and-collect market. Their business is working on a network of 25 logistics hubs around the country to take advantage of this growing market.
The family’s long-established partnership with Europe’s premier outlet operator McArthurGlen will see them establish a new £160 million West Midlands outlet, opening in Cannock later this year, creating around 1,000 jobs for local people, and another in Remschied, Germany, in 2021.
17. Thomas Hartland-Mackie and family (CEF) £450 million Electricals  – 2019 No 18 £470m
The Mackie family’s Kenilworth-based City Electrical Factors Holdings Ltd is the UK’s leading electrical wholesale network.
The growth in electric vehicles and demand for charging points is creating opportunities for the company. Pretax profits in 2018 dropped a little to £17.3 million but turnover was eight per cent up at £533.5 million.
18. Sir Paul Ruddock (Landsdowne) £305 million Hedge Funds – 2019 No 21 £300m
Lansdowne Partners, the award-winning London-based hedge fund, was co-founded by Sir Paul Ruddock in 1998. He retired from the business in 2013. Since his retirement Sir Paul has devoted himself to the arts.
He is a trustee of the British Museum, honorary senior research fellow at the Victoria and Albert Museum and the main benefactor behind the £10 million performing arts centre at his old school – King Edward’s in Edgbaston.
19. Dean Hoyle (The Works) £300 million Stationery – 2019 No 20 £310m

Dean Hoyle, Chairman of The Works, which has opened 50 new stores and grew profits of £6.7m
Dean Hoyle’s Hams Hall-based stationery business The Works floated on the London Stock Exchange in summer 2018 in a listing which valued the business at £100 million.
The Works.co.uk has opened 50 new stores and online sales are nearly 40 per cent up. In the period to April 2019 the company turned over £217 million – a significant increase on the previous year, and grew profits to £6.7 million.
20. Julia and Guy Hands (Hand Picked Hotels) £265 million Hotels – 2019 No 22 £265m
Julia and Guy Hands own some of the Midlands’ most prestigious hotels including the magnificent neo-Gothic Ettington Park, near Stratfordupon-Avon, and the fashionable late-medieval New Hall Hotel in Sutton Coldfield.
They also own the 16th century Stanbrook Abbey Hotel in Callow End, Worcester. All three are part of the Hand Picked Hotels group, a collection of 19 exclusive country hotels around the UK and the Channel Islands.
21. Paul Newey (Ocean Finance) £240 million Finance – 2019 No 24 £240m

Paul Newey has enjoyed successes in business and also, more recently, as a semi-professional poker player
In 2006 when Newey sold Ocean Finance – the Tamworth debt consolidation business he founded in 1991 – for £200 million. He sold the business to American General, a subsidiary of US insurance giant AIG.
A semi-professional poker player, he has pocketed prize money of £156,000, which is small change compared to his recent £1.3 million big win on a Las Vegas slot machine. On the poker table he is ranked eighth in the England all-time money winners list.
22 = Andrew Thorpe and family (FW Thorpe) £230 million Lighting – 2019 No 35 £220m
Andrew Thorpe, grandson of the founder of Redditchbased lighting company FW Thorpe, retired from his role as executive director in the summer. He remains as a non-executive director.
In the year to June 2019, FW Thorpe grew its revenue to £110 million while pre-tax profits held steady at £19.5 million. Thorlux Lighting won a 2019 Queens Award for innovation.
22 = Andrew and Linda Leaver (Clinigen) £230 million Pharmaceuticals – 2019 No 26 £225m
Andrew and Linda Leaver’s Burton-on-Trent based pharmaceutical company Clinigen is continuing on the acquisition trail with an £80 million share placing is helping to fund acquisitions.
Last year it completed the acquisition of the US rights to anti-cancer drug Proleukin. In a £160 million deal Clinigen reached agreement with Novartis for the rights to the drug which is used for melanoma and renal cell carcinoma treatment.
24 = Keith Bradshaw (Listers) £220 million Care Homes/Automotive – 2019 No 29= £220m

Keith Bradshaw, co-founder of Listers, England’s largest independent car dealer group
Keith Bradshaw co-founded the Listers car dealership with business partner Terry Lister 40 years ago. Since then it has grown into England’s largest independent dealer group.
In the year to the end of March 2019 turnover was broadly flat at £1.23 billion, though some of this lack of increase was due to changes in the way Audi sells through franchised outlets. Pre-tax profits increased from £11.8 million to £13.4 million.
24= Chris and Michael Miller (Harris & Sheldon) £220million Investment/Country Sports – 2019 No 29= £200m
Chris and Michael Miller own Harris & Sheldon, the property and investment group which is now London-based having vacated its offices at Packington Hall in Meriden in 2018.
In addition the brothers own some of the UK’s major country sports destinations with significant fishing and shooting assets. The Harris & Sheldon group net assets in excess of £105 million.
26. Simon Clarke and family (St Modwen) £210 million Property/Construction – 2019 No 28 £210m
eveloper St Modwen is building its largest ever speculative project on Tamworth Logistics park, providing 480,000 sq ft of industrial and logistics space.
Full year revenues at Simon Clarke’s St Modwen surged by almost £120 million in the year to November 2018. The company turned over £433 million compared to £318 million for the same period the previous year.
27= James Holder (Superdry) £200 million Fashion – 2019 No 29= £200m
Studley-born James Holder, 47, left Superdry in 2016, but retains 10 per cent of the shares and is a design consultant to the company. He has developed hundreds of new products to bear the Superdry brand.
The company Holder founded with Julian Dunkerton and Theo Karpathios in 2003 is building its online and overseas presence, focusing on mainland Europe, the United States and China. Holder also founded the BMX and skateboarder label Bench.
27=  Peter Horton (Hortons’ Estate) £200 million Construction – 2019 No 35= £180m

The Grand Hotel in Birmingham one of Hortons Estate’s flagship properties
Peter Horton, 50, chairs the family firm, Hortons Estate, the company behind the £14 million restoration of the Grand Hotel in Colmore Row.
The company traces its roots back to the 1870s when Peter Horton’s great, great, great grandfather developed the Midland Hotel (now the Macdonald Burlington) in Birmingham city centre. The reopening of the Grand Hotel later this year could see it become Birmingham’s sole five-star hotel.  As well as chairing Hortons, Peter Horton is divisional director of Investec Wealth and Investment.
29 Jeremy Peace (WBA/Quadrant) £200million (£200m) Finance/Football 2019 No 31= £190m
Jeremy Peace sold his 88 per cent share of West Bromwich Albion football club in 2016 after nearly 16 years at the club, netting more than £175 million.
The club was bought by Guochuan Lai’s Shanghai-based Sports Development Ltd. Aged 63, former banker Peace is a lifelong Baggies supporter and was born and bred in West Bromwich.
30= Sir Euan Anstruther Gough-Calthorpe (Calthorpe Estates) £185 million Property – 2019 No 33=  £185m

Developments such as the Edgbaston Medical Quarter and the New Garden Square off Hagley Road (pictured) keep the Calthorpe Estate buoyant
Sir Euan, 53, controls Calthorpe Estates, which belongs to one of Birmingham’s oldest families stretching back to 1717.
Celebrating its 300th anniversary in 2018, the estate is engaged in the Edgbaston Medical Quarter on the former Pebble Mill site and a £300 million garden square development off Hagley Road.
Sir Euan also has property interests in Europe and the Gulf and interests in America.
30= Michael Wright (Riviera Travel) £185 million Travel – 2019 No 36= £175m
Burton-on-Trent businessman Michael Wright had a substantial Christmas payday in December 2017 when Riviera Travel, the business he founded, was sold on to European private equity firm Silverfleet for £250 million.
Riviera, which specialises in cruises and tours for the over-55s employs around 140 people. Wright resigned as a director but retains a 20 per cent stake in the business, which has £59.7 million in assets.
32. Geoff Wilding (Victoria Carpets) £180 million Carpets – 2019 No 23 £200m
Kidderminster-based Victoria Carpets has has moved away from carpet manufacture, and is concentrating on the distribution of finished products aimed at the retail market.
Geoff Wilding, aged 56, is the single largest shareholder in Victoria. He made £18.4 million from the sale of shares in 2017 and a further £41.4 million in 2018, but still retains a 29 per cent holding.
33. Rupert Mucklow (A&J Mucklow) £170 million Construction – 2019 No 39= £150m

Rupert Mucklow chairman of A and J Mucklow Group sold the company last year in a deal worth £415m
Rupert Mucklow sold Black Country industrial property group A and J Mucklow Group last year in a deal worth £415 million. He is due to step down from his roles as chairman and chief executive.
The business, founded in 1933 and a stalwart of the London Stock Exchange for almost 60 years, was acquired by property investor LondonMetric.
34= Anthony and Graham Coombs and family (S&U) £165 million Finance – 2019 33= £185m
Twins Anthony and Graham Coombs and their families have a 52 per cent stake in S&U, the Solihull credit business founded in Birmingham before the war by Welshman Clifford Coombs. That was in 1938. Now the company, which specialises in consumer credit and card finance, with a focus on specialist motor finance and the property bridging market. Despite the slowdown in the car market, demand for S&U’s motor finance is growing.
34= Alan Jackson and family (Intercity Technology) £165 million Telecommunications – 2019 No 38 £154m
Alan Jackson’s Intercity Technology Holdings is still coming up with product innovations 35 years after it was established.
The business turned over more than £33 million in 2018. Intercity is run by Alan Jackson’s 38-year-old son Andrew. Jackson, aged 66, has kept pace with technology and introduced cloud technology in 2007 before most people had even heard of it.

Noel Sweeney, second from left, was invested as a Papal Knight by the Archbishop of Birmingham in recognition of his charitable and community work in March 2019
36. Noel Sweeney and family (Chasetown Civil Engineering) £160m Engineering – New Entry
Noel Sweeney founded Chasetown Civil Engineering 46 years ago. It remains a family-owned business with a wide portfolio of clients.
Chasetown’s parent company is Staffordshire-based Tara Developments, owned by Noel Sweeney and his family. Tara is a holding company which also includes Cameron Homes, Cameron Estate Management, Keon Homes and Galliers Homes. The business is profitable, with 2018 pre-tax profits of £19.5 million on a turnover of £182 million and it has assets totalling £60 million.
37= Simon and Yu-Lin Wilson (Intouch Games) £156 million Gaming  – 2019 No 39=  £150m
Simon and Yu-Lin Wilson’s Halesowen-based Intouch Games was crowned the region’s Digital Business of the Year at the end of 2018. The e-gaming firm behind PocketWin and mFortune took the top prize at the West Midlands Tech Awards run by BirminghamLive and CoventryLive.
The company is one of the UK’s largest privately-owned e-gaming businesses and has developed multiple, world-leading brands. Simon Wilson, 49, and Yu-Lin Wilson, 45, have a 75 per cent stake in the business.
37= Constantine Folkes (Folkes Holdings) £155 million Property/Manufacturing – 2019 No 43 £130m

Chairman and chief exec of Folkes Group PLC Constantine Folkes, pictured in front of a portrait of his ancestor in his office.
A healthy UK property holding – mainly Midlands-based industrial and logistics units – combined with valuable property interests in South Africa including a game reserve in the Eastern Cape have ensured a healthy income for Constantine Folkes and his family.
Investments in property, financial services and retail of around £20 million are bringing in strong returns. The Folkes Holdings property business operates across the UK and South Africa. Its major property interest in the UK is 1.4 million sq ft of largely industrial property with more than 90 tenants across the West and East Midlands.
39= Nick Grey (GTech) £150 million Domestic appliances – 2019 No 37= £155m

Nick Grey, founder of Gtech, which has sold 25 million products since 2001
GTech , which employs 220 people, is 90 per cent owned by Nick Grey, 51, and his wife Louise. The business has sold more than 25 million products in 19 countries.
A major restructuring of the business and some significant investment costs have put a temporary brake of the soaraway success of Worcestershire-based Gtech. A pre-tax profit of £15 million in 2017 turned into a loss of £3.5 million in 2018, while turnover dropped to £93.2 million from £120.8 million the previous year. However, Gtech expects turnover to recover and profits to come back in the latest financial year.
39= Jeremy Woolridge and family (Wedge Group) £150 million Manufacturing – 2019 No 39 £150m
Jeremy Woolridge’s Willenhall-based Wedge Group, which galvanises steel and iron components, saw turnover jump by eight per cent in the year to March 2019, reaching £174.1 million.
Revenue was boosted by strong sales volumes in the UK and US, with a little help from exchange rates. Higher distribution costs and one-off items made a small dent in profits, but they were still healthy at £17.2 million.
41. Ozzy Osbourne & family (Black Sabbath) Music £145 million – 2019 No 42 £140m

Ozzy Osbourne’s fortunes have taken an upturn in recent years with a number of tours (Image: Birmingham Mail)
It’s been a busy few years for legendary Brummie rocker Ozzy, 72 whose band tours are still bringing in the cash. The Black Sabbath tour in 2014 culminated in a hometown Christmas gig and added nearly £45 million to the group’s coffers.
In 2017 there was “The End” tour, and then the “No More Tours” tour in 2018. A planned hometown gig at Resorts World Arena was supposed to have taken place last February but had to be cancelled when the Brummie frontman was diagnosed with a severe respiratory infection. So he and the band are now on their “No More Tours 2” tour, covering the dates that had to be cancelled, and his Birmingham gig will be on Valentine’s Day next month.
42. Mike Walker and family (Karndean) £140 million Flooring – 2019 44= £128m
Mike Walker founded the Evesham-based international flooring company Karndean back in 1973. In 2018, the entire issued share capital of the company was acquired by Warrington-based venture capital company Knight Ventures Ltd.
The business made pre-tax profits of £11.3 million in 2018, on an increased sales revenue of £87.4 million. It has net assets of £32 million.
43. The Sodha Brothers (Lexon) £135 million Pharmaceuticals – 2019 No 48= £120m
Brothers Anup, 57, Nitin, 64, and Pankaj Sodha, 66, and their nephew Pritesh Sonpal, 51, established their Redditch-based pharmaceuticals empire, Lexon, in 1995.
Their company, Lexon, delivers drugs to more than 3,000 independent pharmacies and major groups across the UK and has become one of the leading pharmaceutical distributors in the country.
44. Terry Lister (Listers) £130 million Automotive – 2019 No 44=  £128m

Terry Lister (Image: John Hipkiss)
Terry Lister co-founded the Listers car dealership in Coventry with business partner Keith Bradshaw in 1979. Now, more than 40 years later, it is England’s largest independent dealer group.
The Stratford-upon-Avon based company makes good profits and turns over more than £1 billion a year. Despite a 8.6 per cent drop in new car sales, profits grew from £11.9 million to £13.4 million in 2018-19, helped by an increase in used car sales.
45. Jackie Hudson (Instarmac) £128 million Road Surfacing – 2019 46= £125m
Jackie Hudson owns 90 per cent of Instarmac, the Tamworth-based construction firm set up by her late husband Charles.
He set the business up in 1977 after watching an episode of the BBC’s Tomorrow’s World which demonstrated a new type of tarmac that could be spread on the road cold, rather than hot, and used for pothole repairs. He bought the idea for £1,000 and started the business – then known as Instarmac Repair Services – which is now worth more than £130 million.
46= Jeff Lynne – (ELO) Music – New Entry – £125m

Jeff Lynne at Arena Birmingham on June 25, 2016 (Image: Publicity pic)
After playing to 60,000 fans at Wembley Stadium in 2017, Lynne, 73, went on to release a film of the concert and then embarked on a US arena tour.
He followed that up with more UK gigs last summer. These tours are keeping Jeff Lynne’s coffers topped up nicely and he returns to our 2020 Rich List. It’s been a busy time for the modest rocker from Shard End. In 2017 ELO was inducted into the Rock and Roll Hall of Fame at Brooklyn’s Barclays Center.
46= Jo Bradwell (The Binding Site) £125 million Pharmaceuticals  – 2019 No 46=  £125m
Professor Jo Bradwell founded Birminghambased medical diagnostics company the Binding Site in 1983. It is a classic example of how discoveries in the laboratory can achieve considerable commercial success.
The company was spun out of research work undertaken at the University of Birmingham, where he studied medicine. The team developed a new way to produce highly sensitive antibodies which could be used for diagnostic tests to identify childhood immune deficiencies and blood cancers in adults.
48= Woon Wing Yip (Wing Yip) £120 million (£115m) Food – 2019 No 50 £115m

Woon Wing Yip is the founder of one of the UK’s most successful Chinese food businesses
Turnover has reached almost £120 million at Woon Wing Yip’s Chinese food business despite challenges from exchange rate fluctuations, changes in consumer spending, a squeeze on disposable incomes and rising raw material costs.
The Nechells headquartered business saw an improved turnover in 2018 from £109.7 million to £118.8m. Profits grew from £3.4 million to £4 million. Woon Wing Yip OBE has taken a step back from the company he co-founded with his brother Sammy. But the business continues to invest, and also grow the property business which has £36 million in net assets.
50. Dr Dallas Burston (Stoneythorpe Estate) £115million Pharmaceuticals/Events – 2019 No 48 £120m
Dr Dallas Burston is passionate about polo, and his 600-acre Dallas Burston Polo Club in Warwickshire is one of the leading venues for the sport in the UK, as well as being a top-notch exclusive wedding venue.
The Southam-based club has been undergoing a £122 million investment programme. The 12-year development at the 600-acre site on the Stoneythorpe estate includes a 3,000 seat events centre, 100 luxury lodges, a hotel, a traditional pub – the Millstone Hare, four polo grounds, a chukka ground, a polo school and a players’ pavilion, not to mention 200 acres of woodland. 

Four cows caused ‘udder’ chaos in Stafford after an escape bid saw them stuck in slurry.
The cattle got themselves into a sticky situation after they broke a fence and went for a stroll this morning, Wednesday, January 22.
Crews from Leek, Cannock, Stafford and Newcastle were called to Hanyards Lane at 11.40am, along with the animal rescue Unimog and water rescue team.
Three of the herd managed to walk out of the water unaided but firefighters had to get a ‘moo-ve’ on to rescue the fourth, which was in danger of drowning.

(Image: Staffordshire Fire and Rescue Service)
After donning dry suits and life jackets, they managed to lift the animal out of the water in the nick of time and left it in the care of the farmer.
A spokesman for Staffordshire Fire and Rescue Service said: “Fortunately the cows are all out safe and well. Three of the animals managed to get themselves out of the water but crews worked quickly to save the fourth cow with the help of the farmer.
“It appears the cows broke the fencing to go an adventure.”

A safe was forced open and cash was swiped during a daring raid at a travel agency near Wolverhampton.
Staffordshire Police said the raiders gained access to Travel Bureau in High Street, Wombourne, between 5.30pm on Monday, January 20 and 7.30am this morning.
Once inside, they forced open the safe containing cash before fleeing.
The shop was taped off by police as investigations got under way, a spokesman for the force confirmed.
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Anyone with information is urged to call police, quoting log number 102 of January 21.
A spokesman added: “Officers were called to a report of a burglary at Travel Bureau on High Street in Wombourne at just after half 7 this morning (January 21).
“It is believed to have happened at some point between 5.30pm yesterday (January 20) and 7.30am this morning (January 21).
“Entry to the premises was forced and a safe containing cash was taken.
“An investigation is under way and anyone with information can call 101 quoting incident number 102 of 21 January.
“Alternatively, contact Crimestoppers anomyously on 0800 555 111.”

Medics treated a 37-year-old for serious injuries after a violent incident in Cannock.
Police and ambulance staff – including the MERIT trauma doctor – said they were called to Stafford Road, following a 999 call just after midnight on Saturday, January 18.
He was taken to hospital for further treatment, a spokesman for West Midlands Ambulance Service said.
They added: “We were called to the Littleton Arms on the Stafford Road in Cannock at midnight on Saturday morning.
“Two ambulances, a paramedic officer and a MERIT trauma doctor attended the scene and treated a man who had sustained serious injuries before conveying him to hospital for further emergency treatment.”
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Police confirmed a 35-year-old man had been arrested and bailed as enquires continue.
A spokeswoman for Staffordshire Police said: “A man has been arrested following an assault in Huntington in the early hours of Saturday morning.
“Police were called by colleagues at the ambulance service just after 12.05am to reports that a man had been assaulted on Stafford Road.

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“The 37-year-old man was taken to New Cross Hospital by ambulance with a head injury.
“A 35-year-old man, from Cannock, was arrested later that morning on suspicion of assault grievous bodily harm. He has been released on bail pending further enquiries.
“Anyone with any information should message Staffordshire Police on Facebook or Twitter quoting incident number 5 of 18 January, call 101.”
People are asked to quote crime reference 20BW/294629V/19 when passing on information.
To be alerted to any suspicious or criminal behaviour happening in your area, join the Black Country Crime Watch Facebook group.

A horror film fanatic has carved out an extraordinary career by selling her gory handmade creations online.
Eyeballs in a jar, vintage ‘teeth’ cups, Ouija boards, Sweeney Todd-inspired ‘body part pies’ and creepy porcelain dolls are just some of the weird and wonderful oddities made by Shelley Mostowfi – also known as Lady Scream.
Every day is Halloween for the 44-year-old from Cheslyn Hay, who spent many years working in the retail industry – and training as a make-up artist and taxidermist – before deciding to pursue her true passion.

Gallery: Lady Scream’s weird and wonderful creations

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Throwing caution to the wind, she joined Birmingham City University as a mature student in 2011 and let her creative juices flow throughout the course of her fine art masters.
She stuffed 432 pairs of nylon vintage tights to make an eight foot tall sculpture – pictured below – for her degree show, which she admitted “could have been considered a little bizarre”, while another project saw her create a rocking chair that moved by itself.

The sculpture Shelley created for her degree show, entitled Lady Garden (Image: Lady Scream)
Shelley created a website and social media pages to document her work and when she completed her degree, she decided to branch out and trade at a couple of horror conventions.
She told Black Country Live: “I began to grow followers and people seemed to like my creations – so in June 2018, I officially opened an Etsy store and Lady Scream was born.

“ Venturing out on your own, putting yourself out there and showing people what you create, can be daunting but there’s a big horror scene out there.
“Fans and collectors of curiosities and oddities are always on the lookout for things to add to their collections. For them, Halloween is more of a ‘lifestyle’, not to be celebrated for just one day in October.
“A lot of my orders and followers come from the States, where horror is a big deal- and my popcorn eyeballs have travelled as far as Australia.”

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Shelley said her “keen interest in anything that looks a bit different” started when she was young.
“Being creative was definitely encouraged during my childhood,” she said.
“My mom was a talented drawer and painter, and I picked up practical skills from my dad.
“I gain inspiration from Victorian-style freak shows and I’m a huge horror fan. I also love surreal art and anything to do with paranormal phenomena – and not forgetting dolls.

“I’ve always loved dolls, still do. I enjoy picturing how I will alter one or what I would like it to become next. Some people find dolls creepy, but I’m perfectly at home with them.
“It has been hard work, but worth it.
“I hope that anyone out there thinking of changing their path, might feel more inspired to do so. It’s never too late.”

More than 12,000 drivers have been caught speeding on a stretch of the M6 just outside Birmingham in the past two years.
An investigation has found 12,524 motorists were caught driving too fast between junction 10A for Hilton Park, near Cannock, and junction 15 for Hanchurch, Staffordshire.
One southbound camera between junctions 15 and 14 – which is within the Smart motorway section – snared 4,083 drivers who flouted the 50mph speed limit in the two years to the end of September, 2019, an investigation by StokeOnTrentLive has revealed .
Highways England says motorway enforcement is handled by the police.
A spokesman added: “Speed restrictions within roadworks are there to protect the workforce as well as the motorists travelling through them.

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“We’d encourage drivers to stick to the speed limits and leave plenty of space between themselves and the vehicle in front.”
The drivers were caught by a combination of static cameras and mobile speed operations.
Chief Inspector Mat Derrick, from  Staffordshire Police ‘s roads policing unit, said: “Speeding on the M6 is enforced through smart motorway equipment installed between junctions 10A and 13 and then reduced speed limit enforcement through the roadworks between junctions 13 and 15.
“This is further complemented by the deployment of the Central Motorway Policing Group conducting mobile speed enforcement.”
Now one haulage firm is calling for a nationwide review of speed limits.

Traffic at junction 10 of the M6 during rush hour
Barry Proctor, who owns Staffordshire-based Barry Proctor Services, said: “There is no excuse for speeding and if it is a 50mph zone then that is the limit – but it can be quite frustrating for people.
“These days people are under so much pressure to make deadlines and us truck drivers are no different. But we know the rules and if we get caught then there are no excuses.
“You can have variable speed limits across the M6 and sometimes traffic is moving but the signs still say ‘slow’. You do sometimes wonder why the limits are what they are and we need a review of speed limits.”

Excitement is building for the opening of the McArthurGlen Designer Outlet West Midlands – as stunning drone footage shows it is edging closer to completion.
Dubbed the ‘Bicester Village of the Midlands’, the £160 million project in Cannock is set to open its doors to shoppers later this year.
Ground preparation and foundation works began in July 2018 but as the video above reveals, the site has come a long way since then.
The footage, captured by Paul Turner, of PT Aerial Photography , shows shopfronts are now being installed at the Mill Green outlet.

Stunning drone pictures show progress at McArthurGlen Designer Outlet – PTaerialphotography

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Mall paving is also being laid while work to develop the car park is well under way.
The huge outlet, which is being built in two phases, is due to open in the autumn.
Phase one will see more than 80 sought-after premium and luxury brands – offering year-round savings of up to 60 per cent – open up shop plus a selection of restaurants and cafés, 1,400 car parking spaces, a children’s playground, bike parking for cyclists and provisions for shoppers arriving by coach.

Stunning drone pictures show progress at McArthurGlen Designer Outlet (Image: PTaerialphotography)
The second stage will start soon after and on completion, the centre will span a total of 285,000 sq ft of retail space with a whopping 130 stores.
Mike Thomas, centre manager for McArthurGlen’s West Midlands Designer Outlet, said: “Construction work for our new designer outlet in Cannock continues to progress well, with shopfronts and glazing now being installed.
“The mall paving is also well underway and our car parking area is starting to take shape too.
“We are really looking forward to opening this autumn and we will keep the community updated as we get closer to completion.”

STAFF at a Burntwood minibus hire company were left “devastated” after thieves stole vehicles it uses to take disabled children to and from school.
The theft, from Travel Wood Ltd was discovered on Sunday morning (January 12).
Three Ford Transit minibuses – one white, silver and red were taken at around 1.30am while another was taken from an employee’s drive.

Director Richard Howell and Manager Rob Lawrence at the site where thieves have taken four minibuses used to transport disable children at Travelwood Mini Bus Hire, Cobbett Road, Burntwood.
It is believed the thieves climbed over the 6ft fence and then smashed through the gate at Travel Wood’s premises in Cobbett Road on Burntwood Industrial Estate.
The company’s director Richard Howell told the Mercury: “We mainly transport disabled children to school.
We are contracted by Staffordshire County Council to take them to Saxon Hill, Rocklands and Queen’s Croft in Lichfield and to schools in Cannock.
“Monday morning (January 13) was a nightmare – we were not able to pick up all the children.
“It is heartless that they do this to disabled children who can’t get to school without us.”
Mr Howell said Travel Wood Ltd’s drivers love their work and are dedicated to the children they transport.
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“We pick up dozens of children from home, take them to school then pick them up at the end of the day and take them home.
“Our staff are devastated – It is heartbreaking.”
One of the minibuses, a red Transit, was recovered in Ryecroft Place Walsall on Monday and a white transit was found in Coalpool, Walsall on Tuesday.
The red minibus has had its dashboard ripped out and the white one, which is being checked over by forensic officers, has been damaged police confirmed.
Of the two missing minibuses the silver one has been specially adapted for wheelchairs.
Travel Wood, which runs 25 minibuses, say this has affected its ability to operate because it cannot simply hire a replacement as the minibuses it uses have to be specially licensed.
CCTV footage captured the five suspects in the yard.
A spokesman for Staffordshire Police said: “Police were called at 11.25am on Sunday (January 12) to a report of a break-in at a business premises on Cobbett Road in Burntwood.
“Three Ford Transit minibuses (white, silver and red) were stolen at around 1.30am after several offenders forced entry to the yard area.
“Any witnesses, or anyone with any information can contact 101, quoting incident number 257 of 12 January.”

Two cars crashed at a busy Wolverhampton junction during rush hour on Thursday evening.
Emergency services were called to the scene where the Birmingham New Road meets Shaw Road in Bilston .
Two women suffered minor injuries in the crash just after 6.30pm today (January 9).

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Traffic was disrupted following the collision as one lane was closed while emergency services cleared the aftermath.
Network West Midlands advised motorists to ‘allow extra time’ for their journeys.
A spokesman for West Midlands Fire Service said: “We were called at 6.37pm to a collision on the Birmingham New Road in Wolverhampton.

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“Two crews attended the scene where two cars were in collision on the roadway.
“Two women suffered minor injuries. Police were also in attendance.
“Both cars were made safe and crew left the scene at 7pm.”
Keep up-to-date with all things Wolverhampton on our  Wolverhampton Facebook page  – where you’ll get the latest news, travel, weather and events in your area.


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