Steve Lansdown personal fortune has fallen by £58million, according to the latest figures in the Sunday Times Rich List, with the Bristol City and Bristol Bears owner the 152nd wealthiest person in the United Kingdom.
Lansdown’s wealth is valued at £1.179billion, compared to £1.237bn in 2022, falling six places in the annual rankings, while over the last four years he’s lost £541m since a high of £1.72bn in 2019. The Bristolian billionaire, who resides in Guernsey, is also considered the fifth-wealthiest person in the south West.
Lansdown has invested a significant amount of his personal fortune in his sporting empire in Bristol, with an estimated £240m spent on Bristol City, while Premiership rugby side Bristol Bears hold debts of £51.2m most of which are owed to the 70-year-old, and therefore will be written off.
