The four wealthiest Solihull millionaires & companies included in the Sunday Times Rich List 2024

These are the richest people from Solihull included in the Sunday Times Rich List 2024

The new Sunday Times Rich List has unveiled the wealthiest people from the Midlands region, including Solihull.

Many of the UK’s richest residents have their origins in Birmingham and the West Midlands. Some are continuing a legacy while others are new entrepreneurs - who made it big.

Lord Bamford remains the richest person in the Midlands. The founder of the West Midlands machinery company JCB has a net worth of £7.65bn, according to the latest listing from the Sunday Times released online on Friday, (May 17).

The second richest family in the Midlands, is the Coates family (the owners o of Bet365) who donated over £120 million to charity, even after a difficult year, in which their wealth dipped by £1.328 billion.

This fall in their fortune, to £7.467 billion, has caused them to slip four places to 20th on the list. We’ve taken a look at the wealthiest people from Solihull included in the 2024 Sunday Times Rich List.

Francis founded Gymshark and holds a stake now worth £900m after lower profits for the Solihull based-athleisure brand. He has lost his billionaire status with his wealth decreasing by £150m.placeholder image
Francis founded Gymshark and holds a stake now worth £900m after lower profits for the Solihull based-athleisure brand. He has lost his billionaire status with his wealth decreasing by £150m. | BirminghamWorld

1) Ben Francis and Gymshark

Birmingham-born Francis, 31, founded Gymshark and holds a stake now worth £725m. The fitness clothes brand is based in Solihull in the Blythe Valley Business Park. Ben is the 11th richest person in the Midlands region and also come 1st in the wealthiest 40 under 40 list in the Midlands.

2) Dan and Melanie Marsden

Dan and Melanie Marsden are a young couple who own the fashion and clothing brand Lounge Underwear. The couple are worth £251 million in 2024.

The couple, both 32, have been together since they were 16-years-old, and began the company with an investment of just £1,000 to make 100 bras. Like Gymshark, the company headquarters is also at the Blythe Valley Business Park in Shirley, Solihull. They are the second richest people on the 40 under 40 Midlands list.

3) Lord Edmiston

Edmiston is the founder of IM Group and Solihull based propery company IM properties. He also founded Christian Vision, a large international evangelical charity, based in Solihull. He has a net worth of £868m in 2024 and is the richest 197th richest person in the UK.

The Solihull headquartered lingerie retailer has continued to go from strength to strength with its wealth increasing by £14m in the last year.placeholder image
The Solihull headquartered lingerie retailer has continued to go from strength to strength with its wealth increasing by £14m in the last year. | Lounge

Sir Peter Rigby

The Rigby family own the Rigby group and their businesses include computers, aviation and hospitality. Their wealth is £1.594bn in 2024. Based in Warwickshire, the family also have ties in Solihull. they have invested in building the Marie Curie hospice in Solihull. The family are the 104th richest people in the UK.

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