Construction dominates self-made tycoon list

Grant Prior 13 years ago
Share

Leading construction figures including Ray O’Rourke and Sir Anthony Bamford dominate a list of leading business people who have made their fortune without getting a university degree.

The self-made millionaires have built their fortunes following an apprenticeship or other practical qualification.

According to the City and Guilds Vocational Rich List five of the country’s top 20 self-made millionaires come from construction and made their way in the business world on their own merits.

In pole position is Sir Anthony Bamford, the JCB billionaire, who saw his family fortune shoot up to £2.15bn this year. He passed through an engineering apprenticeship.

Next in the rankings is Redrow’s chairman Steve Morgan, said to be worth £400m, followed by John Bloor who built his £385m fortune in house building and then went on the rebuild the Triumph motorcycle name.

Another house builder David Wilson is estimated to be worth £360m after selling his business, followed by contractor Ray O’Rourke who is estimated to have amassed a £315m personal fortune.

In fact 25 of the top 100 also come from property and construction.

Chris Jones, CEO and Director General of City & Guilds said: “Our latest Vocational Rich List proves you don’t need a degree to succeed.

“The List not only celebrates the success of Britain’s leading business men and women, but also serves as an inspiration to others to discover their talent and unlock their potential through vocational education and skills training.


Rank Name Background Weaith (£m)
Region
1 Sir Anthony Bamford 2,150 Industry Staffordshire
2 Laurence Graff 2,000 Diamonds London (East)
3 John Caudwell 1,500 Mobile phones Stoke-on-Trent
4 Sir James Dyson 1,450 Industry Malmesbury
5 Sir Terry Matthews 1,043 Telecoms Newport
6 Jim McColl 570 Industry Glasgow
7 Trevor Hemmings 550 Property and leisure London/Lancashire
8 Sir David McMurty 450 Industry Dublin
9 Sir Arnold Clark 430 Cale sales Glasgow
10 Steve Morgan 400 Property and construction Liverpool
11 John Bloor 385 Industry Midlands
12 David Wilson 360 Construction Leicestershire
13 Ray O’Rourke 315 Construction County Mayo
14 Jack Tordoff 290 Car sales Bradford
15 David Hood 250 Electronics Shipley
16 Michael Clare 237 Property and retailing Beaconsfield
17 John Deer 210 Industry Wooton-under-Edge
18 Michael Oglesby 200 Property Scunthorpe
19 Peter Dawson 187 Truck details Milton Keynes
20 Ron Dennis 177 Industry and motor sports Woking

Latest news

Morgan Sindall to build former Willmott Dixon leisure job

New contractor appointed on
10 hours ago

Graham consortium wins £400m Manchester job

Equitix consortium to now work up DBFO plans for University of Manchester’s Fallowfield Campus
7 hours ago

Keltbray looking to sell infrastructure business

£378m turnover rail, energy and highways business up for sale
17 hours ago

Innovative viaduct building method used for first time in UK

HS2 contractors will build nine viaducts in Delta Junction using special cantilevered process
18 hours ago

Unite buys London site to fast-track 444-bed student scheme

£800m to be spent on London development pipeline in next five years
18 hours ago

CITB awards £2.5m of contracts to management consultant

Three outsourced deals in the last year for "project leadership and management consultancy"
18 hours ago

Village centre approved for 6,000-home new town plan

Hampshire's Welborne Garden Village plan has been in the pipeline for two decades.
17 hours ago

£3m fine after cherry picker demolition death

Court rules after tragedy during decommissioning of gas rig
18 hours ago

BAM plans wave of job cuts at UK Construction arm

Co-op Live arena plunges Bam Construction to £19.5m first-half loss
2 days ago

Robot tunnel builder goes into administration

Hypertunnel was hoping to revolutionise how underground structures are built
2 days ago

Wates to build £86m Guildford Council housing scheme

40% of the 248 homes will become council homes under partnership deal
2 days ago

“Scrap CITB” say three quarters of construction firms

Payroll giant Hudson Contract calls for CITB to be absorbed into new Skills England training body
2 days ago

£100m Prestwich Village revival approved

Vinci and Willmott Dixon in chase for Muse-led regeneration scheme
2 days ago

Carbon negative asphalt aggregate trialled on M11

Skanska and Tarmac test CO2 absorbing aggregate material on stretch of Essex motorway
2 days ago

Father and son sentenced over covid construction loan fraud

Bristol builders given suspended jail sentences over bogus Bounce Back Loans
2 days ago

Beck Interiors files administration notice

Supply chain has suffered delayed payments from £139m-turnover luxury fit out specialist
3 days ago

Green light for York Central civil service office hub

£60m office project accelerates York Central goods yard redevelopment
3 days ago

Blenheim House Construction enters administration

Administrators looking at options on present projects
3 days ago

Profits rise at Esh Group with more to come

Contractor confident about year ahead as market conditions move in right direction
3 days ago

Piling specialist Van Elle sees housing orders rise 30%

Mark Cutler says firm on course to deliver 10% annual sales growth
3 days ago

HS2 to spend £100m shutting sites where work never started

Remediation of sites no longer needed for cancelled Phase 2 will take three years
3 days ago

Willmott Dixon wins £61m deal for new Army dog unit

Contractor to revamp Kendrew Barracks in Rutland
3 days ago

Stockport advances 4,000-home Town Centre East plan

Council seeks consultants to steer plan for 280-acre area in the city
3 days ago

ISG sale imminent as buyers set-up UK holding company

South African nutrition entrepreneur and Australian partner primed to take over
4 days ago

CR Construction wins £210m Manchester towers

Construction to start next year on four blocks ranging from nine to 34-storeys
4 days ago

Southern Housing to rationalise supply chain following merger

Firms put on alert for £1.7bn construction framework renewal
4 days ago

Decision delayed on 52-storey Isle of Dogs tower

Hong Kong developer plans 460 flats block next to Millwall Inner Dock
4 days ago

Go-ahead for £850m North London estate rebuild

Flagship Edmonton housing estate redevelopment will deliver 2,000 new homes
4 days ago

Mace lands £184m Oxford Science Park contract

Contractor to build trio of laboratory and office buildings
5 days ago

Worker paralysed in 30ft fall during electricity pylon demolition

Specialist firm fined £240,000 after court hears linesman attached lanyard to a loosened steel section
4 days ago

Contractor services