The British tech scene can’t help but compare itself enviously to Silicon Valley.
It doesn’t have the multi-hundred-billion-dollar tech giants like Facebook and Google, or the 11-digit billionaires like Mark Zuckerberg and Bill Gates.
But at the end of the day, the British tech scene has still produced significant fortunes — including more than half a dozen billionaires.
The Sunday Times has just released the 2017 edition of its annual Rich List of the wealthiest people in Britain. From Autonomy’s Mike Lynch to Skype co-founder Niklas Zennström, there’s significant numbers of tech figures present.
Business Insider has rounded up the 25 wealthiest tech entrepreneurs and investors in Britain today. (You can see the full list over at The Sunday Times.)
25. Michael and Xochi Birch — Net worth: £317 millionWhere the money came from: Birch started the Bebo social networking site with his wife in 2005. They made £357 million when they sold it to AOL, before buying it back for £600,000 in 2013. Ages: 46 and 45 Overall rank on the Sunday Times Rich List: 317 YouTube/Google |
24. Jan Mol — Net worth: £365 millionWhere the money came from: Mol founded software company Volmac in 1966, and now funds his son Michiel’s projects, including space exploration via the Space Expedition Corporation. Age: 76 Overall rank on the Sunday Times Rich List: =365 Space Expedition Corporation/Wikimedia Commons (CC) |
23. Peter Wilkinson — Net worth: £385 millionWhere the money came from: The veteran entrepreneur founded Sports Internet Group, which was sold to BSkyB for more than £300 million, as well as InTechnology, Age: 62 Overall rank on the Sunday Times Rich List: =313 InTechnology |
22. Ricardo Zacconi — Net worth: £387 millionWhere the money came from: Zacconi cofounded King, the gaming studio behind “Candy Crush.” The company was acquired by Activision Blizzard in 2015 in a deal that valued Zacconi’s stake at £376 million. Age: 49 Overall rank on the Sunday Times Rich List: 312 King |
21. Declan Ganley — Net worth: £400 millionWhere the money came from: Ganley, from Ireland, is a telecoms entrepreneur, and CEO of Rivada Networks. Age: 48 Overall rank on the Sunday Times Rich List: =299 Julien Behal/PA Archive/PA Images |
20. Mike Lynch — Net worth: £469 millionWhere the money came from: Lynch founded the software company Autonomy, which then sold to HP for £6.5 billion ($9.94 billion). Age: 51 Overall rank on the Sunday Times Rich List: 267 The Royal Society / Wikimedia Commons |
19. Peter Jones — Net worth: £475 millionWhere the money comes from: The entrepreneur seen on “Dragon’s Den” launched Brandpath in 2015, a merger of his previous telecoms investments. He also founded Phones International. Age: 51 Overall rank on the Sunday Times Rich List: =262 David Jensen EMPICS Entertainment / PA Images |
18. Mel Morris — Net worth: £500 millionWhere the money came from: Morris owns football team Derby County, and provided seed funding for King Digital, the company behind “Candy Crush.” Age: 61 Overall rank on the Sunday Times Rich List: =245 Mike Egerton/EMPICS Sport |
17. Dan Craddock — Net worth: £500 millionAge: 39 Overall rank on the Sunday Times Rich List: =245 Vannin Capital |
16. Kevin Cash — Net worth: £500 millionWhere the money came from: Cash has invested in a number of internet firms, as well as London real estate. Age: 53 Overall rank on the Sunday Times Rich List: =245 Tim Ireland/PA Archive/PA Images |
15. Sir Peter Rigby — Net worth: £600 millionWhere the money came from: Rigby is behind Specialist Computers, one of the country’s largest independent IT suppliers Age: 73 Overall rank on the Sunday Times Rich List: =209 Christopher Furlong / Getty |
14. Andrey Andreev — Net worth: £700 millionAge: 43 Overall rank on the Sunday Times Rich List: =184 Flickr/OFFICIAL LEWEB PHOTOS |
13. Mahmud Kamani and family — Net worth: £732 millionWhere the money came from: Kamani is the cofounder of fashion retailer Manchester-based Boohoo. Age: 52 Overall rank on the Sunday Times Rich List: 175 Media Hive Worldwide |
12. David Ross — Net worth: £803 millionWhere the money came from: Ross’ sub-billion-dollar fortune comes from co-founding mobile phone retailer Carphone Warehouse. Age: 51 Overall rank on the Sunday Times Rich List: 160 David Ross Foundation |
11. Mo Ibrahim — Net worth: £904 millionAge: 71 Overall rank on the Sunday Times Rich List: 143 Alex Wong / Getty |
10. Sir Charles Dunstone — Net worth: £946 millionAge: 52 Overall rank on the Sunday Times Rich List: 137 Peter Macdiarmid / Getty |
9. Niklas Zennström — Net worth: £1 billionWhere the money came from: Zennström is one of the cofounders of internet communications platform Skype. Age: 51 Overall rank on the Sunday Times Rich List: 132 Brian Ach / Getty |
8. Sir Terry Matthews — Net worth: £1.2 billionAge: 73 Overall rank on the Sunday Times Rich List: 114 |
7. Simon Nixon — Net worth: £1.2 billionAge: 49 Overall rank on the Sunday Times Rich List: 112 YouTube / moneysupercareers |
6. John Caudwell — Net worth: £1.5 billionWhere the money came from: The Caudwell Group, launched in 1986, sold mobile phones while they were still in their infancy — making Caudwell rich. Its retail arm was Phones 4u. Caudwell ultimately sold on the business in 2006. Age: 64 Overall rank on the Sunday Times Rich List: 82 Tim P. Whitby / Getty |
5. Scott Farquhar — Net worth: £1.7 billionWhere the money came from: Farquhar is one of the two co-founders of software company Atlassian. Age: 37 Overall rank on the Sunday Times Rich List: =71 Atlassian |
4. Mike Cannon-Brookes — Net worth: £1.7 billionWhere the money came from: Cannon-Brookes cofounded software company Atlassian. Age: 37 Overall rank on the Sunday Times Rich List: =71 YouTube / Kelly Partners |
3. Teddy Sagi — Net worth: £2.5 billionWhere the money came from: Sagi founded Playtech in 1999, a software company that helps power online gaming and gambling. Age: 45 Overall rank on the Sunday Times Rich List: 45 @TeddySagi/Twitter |
2. Sir Michael Moritz and Harriet Heyman —Net worth: £2.6 billionWhere the money comes from: Moritz is chairman of Silicon Valley venture capital firm Michael Moritz. He has invested in PayPal, Google, Yahoo!, Zappos, YouTube, and numerous other tech companies. He has also written a book on Apple. Age: 62 Overall rank on the Sunday Times Rich List: 44 Sean Dempsey / PA Archive/Press Association Images |
1. Sir James Dyson and family — Net worth: £7.8 billionWhere the money came from: Dyson is a prolific British inventor, and famous for his high-tech hoovers. Age: 70 Overall rank on the Sunday Times Rich List: 14 WPA Pool / Getty |
Written by: Sam Shead and Rob Price
Source: Business Insider
Interesting Links:
- 30 Women in London’s Tech Scene to Follow on LinkedIn
- Top 15 Influencers in UK Tech to Follow on Twitter
- The 15 Coolest Tech Companies in the North of England