Sir Ken Morrison and Jamie Oliver make the Rich List

By Michael Stones contact

- Last updated on GMT

Related tags: Wealth, Jamie oliver

Rich reading: Jamie Oliver and wife Jools have £240M, up by £90M on last year, partly thanks to his best selling cookbooks
Rich reading: Jamie Oliver and wife Jools have £240M, up by £90M on last year, partly thanks to his best selling cookbooks
Sir Ken Morrison and Jamie Oliver are both listed on The Sunday Times Rich List, along with other millionaires who have made fortunes from food and drink.

The list, published on Sunday May 18, ranks some of Britain’s wealthiest individuals and follows the publication of Super-Rich List​, featuring Britain’s top billionaires, published last week.

Sir Ken Morrison and family appeared at 110th​ place on the list with net wealth of £900M, down by £105M on the previous year. The 82-year old former chairman of the Bradford-based supermarket is reported to have a £450M stake in the business.

The retailer made a loss of £176M last year, sparking speculation about a take-over bid.

Celebrity chef Jamie Oliver together with wife Jools appeared at 396th​ place in the list, with wealth of £240M, up by £90M on last year. Their fortune was attributed to food and media, reflecting the Essex chef’s rise to stardom after his TV series Naked Chef in 1999.

Cookbook sales total £10M

Oliver’s cookbook sales total £10M, netting him £126M, making him Britain’s second-biggest best selling author, after Harry Potter creator JK Rowling.

Between Morrison and Oliver on the list was the early of Iveagh and the Guinness family in 117th​ place on the list with wealth of £850M. Iveagh inherited the title and £62M in Guinness shares in 1992. While Guinness is now owned by drinks giant Diageo, Iveagh and the Guinness family retain a £200M stake in the business.

Another retailer appears in 188th​ place on the list, Lord Sainsbury and family with wealth of £540M, down by £50M on last year. Sainsbury is reported to have a £300m stake in the retailer, valued at £35.9bn.

Sir David Samworth and family appear in equal 199th​ place, with wealth of £500M, up by £10M. Pasty and pie firm Samworth Brothers delivered profit of £43M in 2012. The business, which makes Ginsters pasties, is valued at £450M.

The Warburton family also appear in equal 199th​ place, also with wealth of £500M. The business is run by cousins Jonathan, the chairman, and Ross and Brett, executive directors. Last month Jonathan underlined Warburton’s commitment to new product development in an exclusive podcast interview​ with FoodManufacture.co.uk.

Brewing magnate Sir Douglas Myers was ranked 227th​ in the list with wealth of £460M, up by £12M on the previous year. Myers – who was said to be fighting cancer – made his millions from the brewing industry, establishing the Lion Nathan operation.

Vivian Imerman, with £355M, was ranked at 269th​ place in the Rich List. Imerman reportedly netted £776M from the sale of the canned food group Del Monte before selling the Scottish whisky business Whyte & Mackay.

Asian branded food

Fakhruddin Suterwalla and family appeared in 273rd​ place, with wealth of £350M, up by £10m on the previous year. Suterwalla made his fortune as a pioneer of Asian branded food in the UK.

Eric Herd and family was ranked in 338th​ in the list with wealth of £277M, up by £24M on the previous year. Herd transformed the Cumbernauld meat business into Britain second biggest frozen food retailer.

Michael Cannon owes his £250M fortune – which rose by £10M last year – to the food and hospitality sectors. Cannon – who is ranked in 367th​ place – bought and sold four pub chains before acquiring Fuddrickers, the US hamburger chain valued at £120M.

Not appearing on the Rich List this year are 2 Sisters Group founders Ranjit and Baljinder Borparan. Earlier this month the Birmingham Post Rich List 2014 estimated their wealth at £840M

Meanwhile, topping the list of Britain’s billionaires with food and drink industry connections were Galen, Hilary and George Weston and family, with a net wealth of £7.3bn, up by £650M. The Westons – Britain’s eleventh richest billionaires – owe their fortune partly to their interests in Associated British Foods (ABF).

 

Top 11 millionaires with food or drink connections

  1. Sir Ken Morrison and family, 110th place, with £900M, down by £105M
  2. Earl of Iveagh and the Guinness family, 117th place, with £850M 
  3. Lord Sainsbury and family, 188th place with £540M, down by £50M
  4. Sir David Samworth and family, equal 199th​ place with £500M, up by £10
  5. The Warburton family, equal 199th​ place with £500M
  6. Sir Douglas Myers, 227th place with £460M, up by £12M
  7. Vivian Imerman, 269th​ place with £355M
  8. Fakhruddin Suterwalla and family, 273rd​ place with £350M, up by £10m
  9. Eric Herd and family, 338th​ place with £277M, up by £24M
  10. Michael Cannon, 367th​ place with £250M, up by £10M
  11. Jamie and Jools Oliver, 396th​ place with £240M, up by £90M

Source: The Sunday Times​ Rich List 2014

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