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Rich rewards in the leisure industry
Over 10 per cent of the top 100 entries in the recent Sunday Times Rich List 2003 survey of Britain's 1,000 richest people include names connected with the leisure industry.
First, at joint 34th position, is Albert Gubay with an estimated wealth of £650m. Gubay owns 17 Total Fitness health clubs throughout the UK and Ireland and also has hotel interests.
Sharing the same ranking are Sir David and Sir Frederick Barclay, who have hotel, property and media interests - including owning the Ritz Hotel.
At 41st are the Earl of Iveagh and the Guinness family, worth about £631m and with interests in brewing and farming. The family has a £208m stake in the Diageo drinks group.
Just below them at 42nd is Sir Terry Matthews, owner of the Celtic Manor golf resort and worth an estimated £610m.
At 63rd is Sean Quinn and family, who have interests in hotels, quarries, insurance and industry. Quinn is worth about £483m.
Trevor Hemmings, worth an estimated £480m is at joint 64th. He is into property and leisure and owns Blackpool Tower, the Water Gardens, all three of Blackpool's piers and part of the town's Golden Mile. Leisure Opportunities reported that last month he bought the Brannigans chain of bars from receivers.
At joint 74th is Lord Lloyd Webber, with interests in the entertainment industry and worth about £400m, followed at 84th by Bernard Lewis and family, who are involved in hotels, fashion and property and worth an estimated £380m.
At 85th is Sir Rocco Forte and family, worth £375m. Sir Rocco owns seven 5-star RF hotels, with another due to open in Frankfurt in 2004.
Jasminder Singh and family appear at joint 89th, with an estimated worth of £350m. Singh is chairman of the Edwardian Group of hotels.
Lastly, at 100th, is Sir Cameron Mackintosh, with involvement in the entertainment industry and worth about £335m.
The compilers of the survey, at the top of which appears the Duke of Westminster with an estimated fortune from property of £4,900m, observe that Britain's millionaires appear to be getting richer and are largely unscathed by the global downturn. Details: www.timesonline.co.uk
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