Rich List: Peter Hargreaves jumps into the top 50 while Odey's wealth falls £25m

42nd on The Sunday Times Rich List

Tom Eckett
clock • 2 min read

Peter Hargreaves has moved into the top 50 in this year's Sunday Times Rich List, following a strong year for Hargreaves Lansdown, the company he co-founded in 1981.

According to The Sunday Times Rich List 2018, Hargreaves jumped nine places to 42nd with his wealth increasing by £849m to £3.2bn as Hargreaves Lansdown, in which he has a 32.2% stake, saw its value rise £809m in a year to just over £2.9bn. Last year, Hargreaves invested £25m in Blue Whale Capital, an asset management firm founded by ex-Artemis manager Stephen Yiu. It was also reported over the weekend that the Bristol-based investor has entered the aerospace sector, according to The Sunday Times, by pouring £24m into the Goonhilly Earth Station, a company which provides spacecraft tr...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Content: Join us today: Unlocking portfolio potential

Partner Content: Join us today: Unlocking portfolio potential

Join us for our Podcast Live! discussion with LGIM as we unpick new investment opportunities in the overlooked asset classes powering the energy transition.

Sarka Halas
clock 07 February 2024 • 1 min read
'The recession that did not happen': How investors should be positioned for 2024

'The recession that did not happen': How investors should be positioned for 2024

Wellington co-head of investment strategy

Natasha Brook-Walters
clock 06 February 2024 • 4 min read
Investment Company of the Year Awards Winners Interview - Allianz Technology Trust PLC

Investment Company of the Year Awards Winners Interview - Allianz Technology Trust PLC

clock 05 February 2024 • 3 min read
Trustpilot