Farhad Moshiri wealth soars after Everton sale as former club owner rockets up Rich List
Following his sale of Everton, Farhad Moshiri has rocketed up the Sunday Times Rich List, but his wealth is still dwarfed by Dan Friedkin who purchased his majority shareholding in the club.
Moshiri had a controlling stake in the Blues from February 2016 to December 2014, but despite being the owner who delivered the club's new 52,888 capacity stadium on the Mersey waterfront as they prepare to depart Goodison Park for Bramley-Moore Dock, they were also hit by an unprecedented brace of points deductions for PSR rule breaches during his tenure.
After actively seeking to sell up for almost two-and-a-half years, the Iran-born businessman finally offloaded his shares to The Friedkin Group with a takeover deal understood to be worth in excess of £400million being confirmed six days before last Christmas.
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Moshiri has moved 38 places up the list from 112th to 74th with the estimation of his personal fortune having increased by £758million, on a list that sees Manchester United's part-owner Sir Jim Ratcliffe as the biggest faller with a £6billion decrease over 12 months to £17billion (moving down from fourth to seventh place).
Other points of note include Home Bargains founder Tom Morris, 71, being named as the richest person in Liverpool's history, as despite dropping one place from 25 to 26, his fortune is estimated to have risen by £316million to £6.989billion while Merseyside-born brothers Tom and Phil Beaton, who own Everton's kit manufacturer Castore, make their Rich List debut in 345th place with an estimated worth of £350million.
Given that he doesn't have a residence in the UK, Everton owner Dan Friedkin is not on the list. However, the Bloomberg Billionaires Index, a daily ranking of the world's richest people, currently has him in 278th place and calculates the 60-year-old Gulf States Toyota CEO as having a net worth of $10.9billion (approximately £8.19billion), which for context would place him 21st on the Sunday Times Rich List if he lived in this country.
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