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Greens fifth on rich list despite BHS scandal

Business & Economy 02 May 2017
Greens fifth on rich list despite BHS scandal

Philip Green and wife fifth on rich list with £2.8bn despite BHS scandal

Disgraced ex-BHS boss Philip Green and his wife lost £433m in a year and still made the UK's wealthiest couples list.

Image: Sir Phillip and Lady Tina Green remain one of the richest couples in the country

Sir Philip Green and his wife Tina have made a list of the richest couples in the UK, even though their wealth is believed to have plunged by £433m over the last year.

The disgraced former BHS boss and Lady Green came fifth in the husbands and wives section of the Sunday Times Rich List, which is due to be published this weekend.

They were the only couple on the list whose fortune had decreased over the past 12 months. It is now estimated to stand at £2.8bn.

Sir Philip Green reacts angrily to questions from Sky News
Video: Sky News tries to talk to Sir Philip Green

In February, Sir Philip, the boss of the Arcadia group that includes Outfit, Topshop and Miss Selfridges, among other brands, agreed to pay £363m to settle the BHS pension scheme.

The department store chain plunged into administration just over a year ago.

Sir Philip Green says he's paid £363m to the BHS pension fund, in a full and final payment
Video: Sir Philip Green pays £363m to the BHS pension fund

Ernesto and Kirsty Bertarelli top the list, with their wealth put at £11.5bn.

The couple's fortune is largely derived from the sale of the family biotech business Serono and the soaring share value in a further pharma business, Santhera.

In total, the 10 couples on the list are worth £39.9bn and have seen their combined fortunes increase by £3.4bn over the last year, according to the list.

This year's Sunday Times Rich List is the largest ever produced, with 160 pages.

The list's compiler, Robert Watts, says it "will show how the make-up of Britain's richest 1,000 people is changing – with a record number of women and more husband and wife partnerships than before".

Here are thetop 10 richest husbands and wives and their estimated fortune:

Ernesto and Kirsty Bertarelli top the list of the UK's richest couples
Image: Ernesto and Kirsty Bertarelli top the list of the UK's richest couples

:: 1 Ernesto and Kirsty Bertarelli, £11.5bn

:: 2 Charlene de Carvalho-Heineken and Michel de Carvalho, £9.3bn

:: 3 Alejandro Santo Domingo and Lady Charlotte Wellesley, £3.8bn

:: 4 Francois-Henri Pinault and Salma Hayek, £3.4bn

:: 5 Sir Philip and Lady Green, £2.8bn

:: 6 Sir Michael Moritz and Harriet Heyman, £2.6bn

:: 7 Chris and Sarah Dawson, £1.9bn

:: 8 Douglas and Dame Mary Perkins, £1.6bn

:: 9 Poju and Anita Zabludowicz, £1.5bn

:: 10 Georg and Emily von Opel, £1.4bn

  • BHS
  • Sir Philip Green

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