Sir Arnold Clark becomes ‘first billionaire car dealer’

Time 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

MORE: Dieselgate: VW reports £3.2 billion operating loss

MORE: Your chance to sit down with top Auto Trader executives at CDX

MORE: Work completed on new ‘green’ showroom for Lincoln Audi

On Biker Says Bye Bye To The Police In Crazy Getaway

Car Dealer Magazine's avatar

Car Dealer has been covering the motor trade since 2008 as both a print and digital publication. In 2020 the title went fully digital and now provides daily motoring updates on this website for the car industry. A digital magazine is published once a month.

More stories...

Motors Advert
Server 108