Wednesday, 25 April 2012

Barclays top Sunday Times proprietors' Rich List

Sir David and Sir Fredrick Barclay, owners of the Daily Telegraph and Sunday Telegraph, are Britain’s richest newspaper proprietors, according to The Sunday Times Rich List 2012 to be published next Sunday (April 29).

The Rich List in naming the wealthiest in British publishing and advertising makes no mention of Rupert Murdoch, the owner of the Sunday Times, as he is based in the US.

The Barclays, who also own the Ritz hotel in London, and the Littlewoods mail order business, are said by the Sunday Times to be worth £2,250m.

They are followed by Express owner Richard Desmond (£1,000m) and Mail owner Viscount Rothermere and family (£760m).

Mike Danson, the owner of the New Statesman and Press Gazette, is ranked 10th with his wealth estimated at £310m. Local newspaper proprietor Sir Ray Tindle (£125m) is listed at 16.

London-based Cristina Stenbeck is the wealthiest woman among Britain’s richest publishers, with a £369m fortune. After the death of her father in 2002, Stenbeck became steward of the family's interests at the Swedish-based Investment AB Kinnevik media and telecoms group, best known for its stable of Metro free newspapers (which doesn't include UK Metro).

WPP boss Sir Martin Sorrell is Britain’s wealthiest advertising mogul worth £174m, up from £148m last year.
  • Additional guides to wealth will appear at from April 29, with the Richest 2,000 people in Britain available from May 13.

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