Net worth of £5.170bn. Morris started the Liverpool-based discount retail chain Home Bargains in 1976 when he was 21 years old. He reportedly founded the brand using a bank overdraft It now has nearly 600 stores, employing more than 22,000 staff. His business certainly thrived during the cost-of-living crisis, with profits climbing by 13 per cent to £332.4m on record sales of almost £3.8bn. Few will begrudge Morris and his family the £36m of dividends paid out since last year. Home Bargains should now be worth £5bn. Wealth outside the company adds another £170m. Not only he is the richest man in the North West, but the wealthiest Liverpudlian.Net worth of £5.170bn. Morris started the Liverpool-based discount retail chain Home Bargains in 1976 when he was 21 years old. He reportedly founded the brand using a bank overdraft It now has nearly 600 stores, employing more than 22,000 staff. His business certainly thrived during the cost-of-living crisis, with profits climbing by 13 per cent to £332.4m on record sales of almost £3.8bn. Few will begrudge Morris and his family the £36m of dividends paid out since last year. Home Bargains should now be worth £5bn. Wealth outside the company adds another £170m. Not only he is the richest man in the North West, but the wealthiest Liverpudlian.
Net worth of £5.170bn. Morris started the Liverpool-based discount retail chain Home Bargains in 1976 when he was 21 years old. He reportedly founded the brand using a bank overdraft It now has nearly 600 stores, employing more than 22,000 staff. His business certainly thrived during the cost-of-living crisis, with profits climbing by 13 per cent to £332.4m on record sales of almost £3.8bn. Few will begrudge Morris and his family the £36m of dividends paid out since last year. Home Bargains should now be worth £5bn. Wealth outside the company adds another £170m. Not only he is the richest man in the North West, but the wealthiest Liverpudlian. | The Sunday Times

10 of the richest people from Liverpool: Net worth of wealthiest people with links to the city

Emma Dukes
By Emma Dukes

Digital Journalist

Published 15th Mar 2025, 09:00 BST

The richest people in Merseyside, including the wealthiest Scouser, have been revealed. From a Home Bargains mogul to sportswear tycoons, explore how they amassed their fortunes.

Liverpool has produced many incredibly successful people, from the best bands in the world and Premier League footballers to the creators of household brands.

Our colleagues at Insider Media produce an annual ‘Rich List’, ranking 50 of the North West’s most successful business people based on net worth. The annual list is compiled by Rob Watts, also known for the Sunday Times Rich List.

- 21 richest people from Liverpool: Net worth of city’s celebrities including Stephen Graham & Coleen Rooney

So, who are the richest people with links to the Merseyside region, and how did they earn their fortunes? We have used the latest list to rank the 10 wealthiest people.

From the reclusive businessman behind Home Bargains, to the brothers taking sportswear by storm, these ten people and families have amassed an impressive wealth and many came from humble beginnings...

Net worth of £440m. Mark Radcliffe set up his bathroom supplies outfit from a garden shed in Formby nearly 25 years ago. He floated Victorian Plumbing on the stock market in 2021. Radcliffe and his brother Neil now own 59.4 per cent of the Skelmersdale-based outfit. Their shares are worth £179.1m – up £40.2m over the past year. Earlier this year Victorian Plumbing bought ailing rival Victoria Plum for £22.5m.

5. Mark and Neil Radcliffe

Net worth of £440m. Mark Radcliffe set up his bathroom supplies outfit from a garden shed in Formby nearly 25 years ago. He floated Victorian Plumbing on the stock market in 2021. Radcliffe and his brother Neil now own 59.4 per cent of the Skelmersdale-based outfit. Their shares are worth £179.1m – up £40.2m over the past year. Earlier this year Victorian Plumbing bought ailing rival Victoria Plum for £22.5m. | UGC

Net worth of £400m .Last year Hargreaves lost control of Matalan, the fashion business he founded in 1985. The son of a Liverpool docker, Hargreaves founded and built up the budget clothing giant and once paid himself a £250m dividend from the group. There were also more than £310m in share sales.

6. John Hargreaves and family

Net worth of £400m .Last year Hargreaves lost control of Matalan, the fashion business he founded in 1985. The son of a Liverpool docker, Hargreaves founded and built up the budget clothing giant and once paid himself a £250m dividend from the group. There were also more than £310m in share sales. | Submitted

Net worth of £340m. Thomas and Philip Beahon started their clothing brand, Castore, in their parents’ Liverpool kitchen in 2016. They quickly moved on from making hoodies and t-shirts to the official kit used by national sports teams. Tom once played football for Tranmere Rovers while his cricketing brother Phil represented Lancashire. Castore now kits out England cricketers, Everton FC, top rugby clubs and the Oracle Red Bull Formula One team. A fundraising late last year valued Castore at almost £1bn and the brothers still own more than a third of the shares.

7. Phil and Tom Beahon

Net worth of £340m. Thomas and Philip Beahon started their clothing brand, Castore, in their parents’ Liverpool kitchen in 2016. They quickly moved on from making hoodies and t-shirts to the official kit used by national sports teams. Tom once played football for Tranmere Rovers while his cricketing brother Phil represented Lancashire. Castore now kits out England cricketers, Everton FC, top rugby clubs and the Oracle Red Bull Formula One team. A fundraising late last year valued Castore at almost £1bn and the brothers still own more than a third of the shares. | Craig Foy - SNS Group

Net worth of £285m. The son of Jewish parents who fled the Holocaust, Langsam’s Britannia Hotels has won vast contracts to house asylum seekers. He owns Liverpool's Adelphi Hotel as well as Pontins holiday parks. The holiday park site has abruptly closed some of its sites, including the Southport location. Consumer champion Which? has identified Britannia as the UK’s worst hotel operator for more than a decade.

8. Alex Langsam

Net worth of £285m. The son of Jewish parents who fled the Holocaust, Langsam’s Britannia Hotels has won vast contracts to house asylum seekers. He owns Liverpool's Adelphi Hotel as well as Pontins holiday parks. The holiday park site has abruptly closed some of its sites, including the Southport location. Consumer champion Which? has identified Britannia as the UK’s worst hotel operator for more than a decade. | Rept0n1x, CC BY-SA 3.0 via Wikimedia Commons

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