News

Sir Arnold Clark remains the richest man in UK car retail industry

Time 10:42 am, April 27, 2015

British banknotes – moneySIR Arnold Clark remains the richest man in the UK’s car retailing industry, according to the Sunday Times Rich List.

He slipped 18 places down the list to 166th – not that we need to have a whipround, as the paper says the 87-year-old is worth £675m, £1m more than a year ago.

The paper says the richest 1,000 people have seen their worth more than double since 2009.


Last year, Arnold Clark made a record profit of £85.1m on sales of £2.91bn.

Other automotive individuals in the list include Lord Edmiston, the founder of the IM Group, who is 234th with £472m (£10m more than a year ago). IM Group imports Subaru, Isuzu and Great Wall vehicles into the UK.

money_2760495b

Sir Peter Vardy is worth £175m – which was not enough to see him force his way into the richest 500 people.


Geoffrey Warren, who owns London’s Car Giant supermarket, is now worth £400m up from £220m a year ago, and enough to see him rise from 421nd in the list last year to 262 this time around.

Jack Tordoff, owner of  JCT600, has £368m. That’s £15m more than a year ago, biut he still slipped eight places in the list to 280.

The founder of Euro Car Parts, Sukhpal Singh Ahluwalia, has £300m, enough to place him 340th in the list, while Tony Bramall’s family wealth decreased by £1m to £208m, and he is now 464th on the list.

MORE: Trader Tales: Social media? It’s just nasty and narcissistic

MORE: Shaggy dog story with a yappy ending…

MORE: Only half of buyers know what car they want – the others are still undecided

On superunleaded.com – The Aftermarket Car Modifications We Want To See Burn In Hell

Colin Channon's avatar

Colin is a former editor of Car Dealer. He left the magazine in August 2015.



More stories...

Advert
Server 108