THE SUNDAY TIMES RICH LIST – RICHEST PEOPLE IN WALES

WALES HAS FIVE BILLIONAIRES

SIR MICHAEL MORITZ ADDS £500 MILLION

 TO INTERNET FORTUNE

ADMIRAL COUPLE LOSE BILLIONAIRE STATUS

CREDIT: THE SUNDAY TIMES

THE SUNDAY TIMES RICH LIST 2022

THE WEALTHIEST FROM WALES *includes family wealth

Rank	Name	Source of Wealth	2022 Wealth	Wealth increase/ decrease
1	Sir Michael Moritz*	Internet	£4bn	Up £500m
2	Simon Nixon	Internet and property	£1.925bn	Up £125m
3	Douglas Perkins and family	Opticians: Specsavers	£1.33bn	Up £130m
4	Sir Terry Matthews	Computers	£1.23bn	Down £10m
5	David Sullivan and family	Property, football and media	£1.118bn	Up £78m
6	Henry Engelhardt and Diane Briere de L’Isle	Insurance: Admiral	£956m	Down £170m
7	Steve Morgan	Construction: Redrow	£789m	Down £92m

07.00, MAY 20: Sir Michael Moritz is the richest person from Wales, according to the new edition of The Sunday Times Rich List, published today online at thesundaytimes.co.uk/richlist and in the print edition of the newspaper on Sunday, May 22. The 68-page special edition of The Sunday Times Magazine reveals the wealth of the 250 richest people in Britain in its 34th annual edition. There are a record 177 billionaires in the UK this year, up six from 2021. The combined wealth of the UK billionaires is £653.122 billion, up £55.853billion – 9.4 per cent, on the total wealth of the billionaires in last year’s Rich List. 

Cardiff-born former journalist Sir Michael Moritiz, 67, and his American novelist wife Harriet Heyman have seen their fortune grow by £500 million in 12 months to £4 billion, thanks largely to savvy investment in successful  internet businesses over 25 years by San Francisco-based Moritz.

Llanelli-born Douglas, 79, and his wife Dame Mary Perkins, 78, and their family, who control the high-street operation Specsavers, have added £130m to their fortune in the past year and are now worth £1.330 billion. Douglas and Bristol-born Dame Mary. who are based in Guernsey, met while they were students at Cardiff University.

Henry Engelhardt, 64, the American co-founder of the Cardiff-based insurance company Admiral Group, and his French-born wife Diane Briere de L’Isle have lost their billionaire status. A fall in the value of Admiral shares has seen the philanthropist couple’s joint fortune drop by £170 million in the past year to £956 million.

Please ensure to cite The Sunday Times as the source of information in any digital coverage. The correct URL for hyperlinks will be thesundaytimes.co.uk/richlist .

The 2022 Sunday Times Rich List is the definitive guide to wealth in the United Kingdom. It charts the wealth of the 250 richest people in the UK. The list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. It excludes bank accounts, to which the paper has no access. The Magazine includes several interviews and features, focused on some of the leading players and personalities among the richest 250, as well as a full ranking by order of wealth. The Young Rich List details the 100 individuals with the biggest fortunes aged 30 or under, and the Magazine also includes the top 40 music millionaires.

The Sunday Times Rich List is compiled by Robert Watts. The complete list will be available to the paper’s digital subscribers and will be online at https://www.thetimes.co.uk/sunday-times-rich-list