New wealth report

Howard Lake | 22 August 2002 | News

Prospecting for Gold shares a summary of new wealth it has identified for the period from May to June 2002.

Prospect research firm Prospecting for Gold found a total of 53 individuals whose wealth had increased by £1m+ during the period May to June 2002. Some of this new wealth may refer to windfalls from a previous period, but it has only just come to light in the press. The information is gathered from published sources such as The Daily Telegraph, Daily Mail, Sunday Times, Financial Times, Guardian, Tatler, etc.

REPORTED NEW WEALTH – May-June 2002

1. His Grace the Marquess of Bath, already a member of the Sunday Times Rich List, has added to his wealth by selling a collection of art and antiques which sold for more than £27m. DT 15/6/02

2. Sir Richard Beckett, QC seems to have had some wealthy parents – his mother died in 2000 leaving an estate of £3m+ and his father left an estate of £1m+. DT 19/6/02

3. The Brake family (Christopher, Frank and William) sold their food company (Brake Brothers, based in Kent) to an American company for £434m which netted them more than £80m each.

4. Hon Christopher Brett (son of Lord Esher) has reportedly sold Watlington Park in Oxfordshire to Mrs Junglers Winkler, of Rolex watch fame, for £12m. Henley Standard 10/5/02

5. John Cleese of the silly walks fame and now based in USA is to receive £1m to star in a sequel to the computer animated film, ‘Shrek’. DT 26/6/02

6. Martin Edwards, non-exec chairman of Manchester United, banked more than £21m when he sold most of his Manchester United shares. Citywire 28/5/02

7. Stanley Fink of Man Group, born in Manchester and now based in Switzerland, received a £2.75m bonus in 2001 as a reward for the 21% rise in profits of Man Group. Payment took his total salary for that year to £3.2m.

8. Sir Andrew Hamilton’s father left an estate valued at £5,119,137 net. His father was a former schoolmaster and landowner. DT 19/6/02

9. Dr Chai Patel of Westminster Health Care Holdings sold The Priory Hospital Group crystallising a bonus of more than £8m. ST 26/5/02

10. Tony Travis formerly of Travis Perkins sold 4m shares raising £43m. MoS 5/5/02

For further details on how we can unearth useful nuggets for your organisation or for a FREE database screening, please contact Christine Heath, Research Manager at Prospecting for Gold.

Charity Consultants Ltd

July 2002

About Howard Lake
Howard Lake is consultant editor of UK Fundraising. He founded the site in 1994 and successfully sold it in 2022. As director of Giving X Ltd he is exploring growing giving on a massive scale. He is the founder of Fundraising Camp and co-founder of GoodJobs.