The latest North West Rich List has revealed the wealthiest people living in Merseyside, including well-known business owners from Liverpool.
Put together by our colleagues at Insider Media, the ‘Rich List' ranks the North West’s most successful business people based on net worth and is compiled by Rob Watts, also known for the Sunday Times Rich List.
There’s a new entry with Castore founders Tom and Phil Beahon in the rankings and the list also reveals how the richest person in Liverpool, who has a net worth of more than £4.8bn, made his fortune.
So, who are the richest people in the Merseyside - and how did they become so successful? The people and families below are the wealthiest in the region, and many came from humble beginnings.
5. John Hargreaves and family - £400m
Net worth of £400m. Earlier this year Hargreaves lost control of Matalan, the fashion business he founded in 1985. Although the Liverpool-based group’s sales have been rising, it has been plagued by high debt. Over the years Monaco-based Hargreaves has received more than £310m in share sales. In 2010 he refinanced the company in a £525m deal, which saw him take a £250m dividend – at that time one of the highest payments of this kind in British corporate history. | Adobe
6. Thomas and Philip Beahon - £280m
Net worth £280m. 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. High-profile brand ambassadors as well as investment from Sir Andy Murray and the Issa brothers have helped supercharge the business. A fundraising last year valued Castore at £750m. The brothers each still own 18.6% of the business – stakes together. | Getty Images
7. Alex Langsam - £256.6m
Net worth £256.6m. Langsam has been earning well from contracts to house asylum seekers in his Britannia hotels. Liverpool’s Adelphi is one of his 60 premises. He also owns Pontins, the holiday park brand with sites in Southport and five other UK locations. | calflier001, CC BY-SA 2.0 <https://creativecommons.org/licenses/by-sa/2.0>, via Wikimedia Commons Photo: calflier001, CC BY-SA 2.0 <https://creativecommons.org/licenses/by-sa/2.0>, via Wikimedia Commons
8. Sir Michael Bibby and family - £190m
Net worth £190m. Sir Michael chairs diverse, family-owned conglomerate Bibby Group. The Liverpool-based group’s returned to financial health following the sale of the Costcutter convenience store chain and a logistics business. A trio of Bibby companies remain. One provides lending to businesses, another offers equipment for construction sites and a third provides floating hotels and other marine accommodation. | Bibby Group Photo: Bibby Group