A number of Merseyside-based people and businesses have been named in the new Sunday Times Rich List.
The Sunday Times Rich List is the definitive guide to wealth in the United Kingdom and charts the richest 250 people in the country. It is based on identifiable wealth, including land, property, significant shares in companies and other assets. The list has been broken down to reveal the richest people in the north west of England.
Top of the north west pile this year is Preston-born hedge fund manager Michael Platt. The 53-year-old, who lives in Switzerland, has seen his fortune rise by £2 billion in the past year, he's now worth £10 billion. Cheshire-based Hugh Grosvenor, 31, The 7th Duke of Westminster, has lost the No 1 spot on the north west list after a fall in the asset value of his family’s vast property operation Grosvenor Group, which owns the Liverpool ONE shopping complex. The Westminster’s family's fortune is now £9.726 billion, down £328 million from last year.
