British businessman Stephen Fitzpatrick has been named one of the richest people in Britain in 2022 after his Bristol-based 'flying taxi' company helped boost his personal wealth last year.
The entrepreneur, who is also the founder of Bristol energy firm Ovo, became a billionaire following the float of Vertical Aerospace on the New York Stock Exchange (NYSE) in December. He is now the fifth-richest person in the South West, according to the latest Sunday Times Rich List.
The 44-year-old, who is worth £1.3bn, increased his fortune by £665m after the float of his electric aviation company, which is based at Camwal Court on Chapel Street in the city. His wealth also includes a £603m stake in Ovo Energy.
