Sir Arnold Clark becomes 'first billionaire car dealer'

9:43 am, April 25, 2016

SIR Arnold Clark has become the ‘first billionaire car dealer’, according to the Rich List 2016 published by the Sunday Times.

The 88-year-old’s family is reported to be worth more than £1bn, having risen £350m in the past year.

The Glasgow-based firm, Arnold Clark Automobiles, was founded in 1954 and profits reached a record value of £107.2m in 2014 on sales of £3.2bn.

Other family assets include the yacht Drum, once owned by Simon Le Bon. Sir Arnold was knighted in 2004.

He’s not the only dealer on the rich list – Sir Arnold and his family are worth twice as much as Lord Edmiston, 69, the second-wealthiest car dealer. Edmiston is followed closely by Geoffrey Warren and Jack Tordoff.

As published by the Sunday Times, here’s the list of wealthiest car dealers in the UK:

Rank	Name	Worth £m	Rise/Fall
1	Sir Arnold Clark and family	£1,025	+£350m
2	Lord Edmiston	£540	+£68m
3	Geoffrey Warren	£450	+£50m
4	Jack Tordoff and family	£383	+£15m
5	Tony Bramall and family	£210	+£2m
6	Sir Michael Marshall and family	£210	New
7	Keith Bradshaw and family	£190	+£10m
8	Sir Peter Vardy and family	£170	-£5m
9	Sir Colin Giltrap	£168	-£1m
10	Michael Hunt and family	£154	New
11	Douglas Park and family	£146	+£14m
12	Derek Hood	£120	+£20m
13	Terry Lister and family	£120	+/-£0m
14	David and Betty Carr	£106	+£3m
15	Guy Harwood and family	£105	New
16	John Collins	£103	New
17	Graham Dacre	£103	+£1m