Mike Ashley has been named the wealthiest person in the North East and Yorkshire in the Sunday Times Rich List 2022. The former Newcastle United owner and retail tycoon saw his wealth increase by £277m this year.
Now worth £2.995 billion, Mike Ashley is also the 59th wealthiest person in the UK. Ashley owns 58.44 percent of Frasers Group which includes Sports Direct, House of Fraser, and Flannels. The 57-year-old sold Newcastle United football club in October for £305m and recently took over Middlesbrough's Psyche department store.
The Sunday Times Magazine reveals the wealth of the 250 richest people and families in Britain in its 34th annual edition. There are 177 billionaires in the UK recorded this year, up 6 from 2021 with seven billionaires having links to the region. The combined wealth of the UK billionaires is a huge £653.122 billion.
