Warburtons family
The Warburtons cousins take the final place on our list of rich food and drink personalities with their fortune of £500M.
The Bolton-based baker is run by chairman Jonathan and executive directors Ross and Brett.
In 2012, the firm’s profits rose to £26.4M on £524M in sales. It has £470M assets.
Thomas Warburton and his wife Ellen first opened their grocery shop in 1870, but it wasn’t until 1876 during a slump in the grocery market when Ellen Warburton started baking bread.
It is now the largest family-owned bakery business in the country, and employs around 4,500 people at 12 bakeries and 13 depots across the UK.
Last month, Jonathan Warburton told FoodManufacture.co.uk it was vital for the firm to innovate so it could compete in a retail market increasingly dominated by discounters.