Richest in travel revealed by Sunday Times list

Richest in travel revealed by Sunday Times list

Virgin Group founder Sir Richard Branson tops the list of the wealthiest Britons in travel.

He saw his fortune rise by £325 million to £3.4 billion in the last year to place him as the 16th richest person in the UK.

This includes stakes in Virgin Blue and Virgin Media worth £230 million and involvement in other companies valued at £2,378 million, while further investments add £400 million, according to the annual Sunday Times Rich List.

Saga founders Roger and Peter De Haan are next in the travel sector with wealth of £800 million followed by Abercrombie & Kent founder Geoffrey Kent with £243 million.

Mike Gooley of Trailfinders is in fourth position in the travel sector with a fortune of £240 million with Kuljinder Bahia of Southall Travel (£237 million), David Babal, Gullivers Travel Associates (£200 million), Airtours founder David Crossland (£160 million), Edward Faith and Uzi Kattan, both GTA (£125 million), Andrew Goodsell, Saga (£120 million), Gold Medal Travel founder Ken Townsley (£118 million), Ebookers founder Dinesh Dhamija (£102 million) and Peter Stephens, Lotus Group (£101 million).

The overall Rich List sees Edwardian Hotel Group’s Jasminder Singh and family at 208th place with £427 million and Peter Harris and family, founder of Butlins parent Bourne Leisure, at 219th with £400 million.

Lord Glendonbrook, formerly Sir Micheal Bishop, the ex-chairman of BMI, is 370th in the Rich List with £200 million while Ryanair chief executive Micheal O’Leary’s wealth has growth from £322 million last year to £350 million, making him the 19th richest individual in Ireland.

A new entry into the Rich List in 366th position is AirAsia boss Tony Fernandes with a fortune of £208 million. He also has a stake in hotels to financial services business Tune Group.

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