East Anglia is an area of great opportunity. And nothing shows that clearer than the region’s rich list. This is a comprehensive breakdown of the wealthiest people who live here. And what the latest instalment for 2017 demonstrates is the sheer diversity of income streams and business that takes place in the area. Not to mention the plentiful beneficial conditions for business and living that draw these movers and shakers to the area.
According to the Sunday Times Rich List, the wealthiest person in the area has a personal fortune of more than £9 billion. Kirsten Rausing leads the way by some distance, with more than seven times the wealth of her nearest competitor. In fact, she has £1 billion more than the next 19 people on the list put together.
She’s not from the area. She’s actually Swedish and derived her wealth from a family run business Tetra Lava packaging group. She has a keen interest in horse racing and owns two stud farms in Suffolk.
Next on the list is Jon Hunt, with a personal fortune of around £1.3 billion. Having made his money with Foxtons estate agents, he sold it to develop a property portfolio worth around £600 million. Other entries on the list include heir to the Guinness family fortune, Ned, the Earl of Iveagh. The family are worth around £890 million.
Former national table tennis champion and managing director of a family-run haulage company, Paul Day, also makes the list. His fortune of £275 million might be small compared to Kirsten Rausing but it’s probably enough to get by. Day lives in Cambridge as does Edward Atkin, who sold his baby-feeding business in 2005 for a massive £300 million.
Also Cambridge-based are Sir Michael Marshall and Ewan Kirk, an engineering specialist and hedge-fund manager respectively. One of the country’s leading biotech suppliers and investors Jonathan Miller is also on the list, with wealth of around £207 million.
As you can see, the range of industries to generate wealth is very impressive. From defence contracting to biotech, horse racing to baby products, East Anglia is a region of possibilities. And it’s beautiful enough to attract people of discerning taste and talent.
If you’d like to know more about why East Anglia is a great place both to live and invest, you can speak to our experts at Agile.
To find out more about the local and national property market, or if you would like to chat about anything to do with property investment, give us a ring on Norwich 01603 567804 or send us a message.
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