Sunday Times Rich List 2025: The top 10 richest people in the North West
Manchester United co-owner Sir Jim Ratcliffe remains the richest man in the North West, despite his net worth dropping by a staggering £6.5bn in the last 12 months, according to the latest edition of the Sunday Time's Rich List.
The Failsworth-raised chemicals magnate's £17bn fortune also makes him the seventh wealthiest in the UK. He's followed on the North West list by Cheshire-based The Duke of Westminster and the Grosvenor family, owners of property business Grosvenor Group.
Despite owning a vast global property empire, which includes the Liverpool One shopping centre and luxury apartment blocks in Shanghai, Tokyo and Hong Kong, the family saw their net worth drop by £243m by £9.9bn. Liverpool-based Home Bargains founder Tom Morris - dubbed the 'richest Scouser who ever lived' - is in third spot after his net wealth grew by £316m to almost £7bn fortune.
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And it's also been a good year for Salford bookmaking brothers Fred and Peter Done, owners of Warrington-based Betfred. Their combined wealth has risen by more than £500m to almost £3bn.
The North West top 10 also features the Issa brothers Mohsin and Zuber, who started their petrol station empire with a garage in Bury before buying Asda, who saw their wealth increase by 20% to £6bn, and Simon, Bobby and Robin Arora, the Hale Barns-based brothers behind the B&M discount chain.
Their personal fortune dropped by £104m, but they still have nearly £2.6bn to fall back on. Meanwhile Bury-born businessman Henry Moser, the 75-year-old founder of Cheadle-based Together Financial Services Ltd, also made the regional top 10 with a fortune of £2.15bn.
The 2025 Rich List has seen the largest fall in the number of billionaires in the guide's 37-year history, from a peak of 177 in 2022 to 156 this year. The 350 individuals and families, which includes Sir Elton John, Lord Lloyd-Webber, Sir Mick Jagger, Keith Richards, Euan Blair, Sir Lewis Hamilton and Sir Christopher Nolan, together hold combined wealth of £772.8 billion — 3% down on last year.
Robert Watts, compiler of the Sunday Times Rich List, said: "The Sunday Times Rich List is changing. Our billionaire count is down and the combined wealth of those who feature in our research is falling.
"We are also finding fewer of the world's super rich are coming to live in the UK. This year we were also struck by the strength of criticism for Rachel Reeves's Treasury.
"We expected the abolition of non-dom status would anger affluent people from overseas. But homegrown young tech entrepreneurs and those running centuries-old family firms are also warning of serious consequences to a range of tax changes unveiled in last October's budget.
"Our research continues to find a wide variety of self-made entrepreneurs building fortunes not just from artificial intelligence, video games and new technologies but also mundane, everyday items such as makeup, radiators and jogging bottoms. We know many of our readers find these people and their stories inspiring — especially the many who had tough starts or setbacks to their lives and careers."
The top 10 richest people in the North West according to the 2025 Sunday Times Rich List
Sir Jim Ratcliffe, chemicals magnate, £17.046bn. - down £6.473bn
The Duke of Westminster and the Grosvenor family, property heirs, £9.884bn. Down £243m.
Tom Morris and family, retailers, £6.989bn -up £316m.
Mohsin and Zuber Issa, supermarket moguls, £6bn - up £1bn.
Fred and Peter Done, bookmakers, £2.915bn - up £535m.
Simon, Bobby and Robin Arora, retailers, £2.578bn - down £104m.
Alan Howard, hedge funder, £2.5bn - no change.
John Gore, entertainer, £2.181bn - up £104m
Henry Moser, financier, £2.155bn - up £237m
Georg and Emily von Opel, heirs, £2.083bn - no change
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