Here’s a look at Insider business magazine’s 2024 Midlands Rich List which features 28 billionaires and millionaires from the West Midlands
West Midlands Rich List 2024: The 28 richest West Midlands billionaires and millionaires in Insider’s Midlands Rich List
This year’s crop of the most wealthy billionaires and millionaires have a combined wealth of over £50bn.And Staffordshire is home to the Insider Rich List 2024 second most wealth too - that’s the Bet365 entrepreneurs Denise, John and Peter Coates from Stoke-on-Trent. However their wealth health has taken a bit of a dip compared to their entry in last year’s list - falling by £72m, despite rising turnover.
The Insider Rich List has been compiled by Rober Watts, who also puts together the Sunday Times Rich Lists. Midlands Business Insider editor Kurt Jacobs further explained: “We valued stakes in quoted companies in October 2024 according to prices prevailing in the Financial Times. Private companies were valued according to the ratios in their sectors or more generally where a sector rating was not evident, at around ten times their latest profit figures, which in many cases is more conservative than the stock market ratings.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Search for new West Midlands road safety commissioner to beginRecruitment for a new safety commissioner will begin in the next two weeks, said Mayor Richard Parker.
Read more »
Afghan veteran 'scared of winter' as West Midlands energy fund launchedLiam Murphy welcomes help from a new winter charity fund aiming to support vulnerable people.
Read more »
Ben Brook is new boss of troubled West Midlands Fire ServiceThe service was accused of being impossible to lead as its interim chief executive left in October.
Read more »
The future of UK life sciences starts in the West MidlandsIn this interview, Gino Martini, the CEO at PHTA, talks to NewsMed about the West Midlands, a region with a rich heritage in both manufacturing and life sciences.
Read more »
West Midlands pub firm announces purchase of Shropshire innWest Midlands pub company and micro brewer Black Country Ales has announced the purchase of a Shropshire pub as part of its expanding portfolio.
Read more »
West Midlands reflects during Remembrance SundayPeople take part in events across the West Midlands to reflect and remember those who have died.
Read more »