Hastings’ chairman Neil Utley is 462 on Sunday Times Rich List but Admiral boss Engelhardt leads the pack
Hastings’ chairman Neil Utley is worth a cool £160m, according to the Sunday Times Rich List.
Utley made £13m from the sale of Equity Insurance in 2006 and then snapped up Hastings for £24m. A planned £500m float would considerably boost his wealth, the Rich List says.
He was put in the shade though by Admiral founder Henry Engelhardt who led the Rich List with a net worth of £528m. Esure founder Peter Wood closely followed behind with a net worth of £500m.
Towergate founder Peter Cullum is not far behind the duo, clocking in with a net worth of £450m.
Other notable names included:
- Former Swinton owners Brian Scowcroft and Janet Lefton, now in property, valued at £160m. They made £150m from the Swinton sale.
- BGL founder Douw Steyne, £420m
- David and Heather Stevens, Admiral, £137m
- Clive Cowdery, Resolution, £120m
- Andrew Goodsell, Acromas, £120m
- John Charman, Lloyd’s, £102m
- Angus Ball, Sabre, £95m
- Grahame Chilton, Aon Benfield, £95m,
- Keith Morris, Sabre, £95m
- Hayley Parsons, GoCompare, £95m
No comments yet