Middlesbrough FC chairman Steve Gibson has seen his wealth cut by a third in the last year, according to the latest Sunday Times Rich List.
The Boro supremo has dropped seven places to the 15th richest person in the North East, according the broadsheet paper’s new tables published this weekend.
It says Gibson, the majority shareholder in Gibson O’Neill Company Ltd – the parent company of Bulkhaul, Middlesbrough FC and Rockliffe Hall – has seen his personal wealth decrease by £75m, from £205m to £130m, since 2014.
Earlier this month, Boro’s annual statement of accounts for the year up to June 30 2014 showed the club lost £20.4m.
Meanwhile, Cleveland Cable Company brothers Alastair and Michael Powell have seen their wealth jump by another £52m to £412m – making them the fourth richest people in the region, according to the Sunday Times.
They trail Mark Fenwick and family (£650m), Sunderland FC owner Ellis Short (£1 billion) and Newcastle United owner Mike Ashley (£3.5bn).
The 2015 Sunday Times Rich List – the definitive guide to wealth in Britain and Ireland – is published on Sunday, April 26.
The 128-page special edition of The Sunday Times Magazine is the biggest issue of the Rich List ever published since it first appeared in 1989.
It charts the wealth of the 1,000 richest people in the UK and the 250 richest in Ireland.
The list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. It excludes bank accounts, to which the paper has no access.
The complete list will be available to all the paper’s digital subscribers and will be fully-searchable online at thesundaytimes.co.uk/richlist
THE SUNDAY TIMES RICH LIST 2015 – RICHEST IN THE NORTHEAST
|Regional rank2015||Regional rank2014||Name||2015 wealth||Wealth increase/decrease||National rank|
|1||1||Mike Ashley||£3,500m||Down £250m||22=|
|2||2||Ellis Short||£1,000m||No change||108=|
|3||3||Mark Fenwick and family||£650m||Up £150m||172=|
|4||5||Alastair and Michael Powell||£412m||Up £52m||260|
|5||4||Jonathan Ruffer||£400m||Up £20m||262=|
|6||6||The Duke of Northumberland||£350m||Up £10m||287=|
|7||7||Dame Margaret and Helen Barbour and family||£320m||Up £5m||319=|
|8||11=||Duncan Bannatyne||£187m||Up £12m||527|
|9||9||Graham Wylie||£185m||No change||528=|
|11=||14||Stuart Monk and family||£175m||Up £18m||563=|
|11=||11=||Sir Peter Vardy and family||£175m||No change||563=|
|13||16||Raj Sehgal and Sanjeev Mehan||£150m||No change||637=|
|14||15||Duncan Davidson and family||£149m||Down £6m||671=|
|15=||8||Steve Gibson||£130m||Down £75m||729=|
|15=||17||Philip Noble and family||£130m||No change||729=|
|17=||20||Phil Cronin and family||£125m||Up £35m||754=|
|17=||New||Alex Lamb and family||£125m||n/a||754=|
|19||11=||John Reece and family||£120m||Down £55m||791=|
|20||19||William Rankin and family||£102m||Up £10m||935=|