Great British Billion-Pound Businesses

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Meet Britain’s entrepreneurial elite. Here are the leaders who have managed to create a UK business worth £1bn – and kept going. These are people who have built ventures spanning everything from artificial intelligence and virtual reality to hoodies and craft beer.

You’ll find discount retailers and a diamond dealer, bookmakers and the woman behind one of the biggest gambling companies in the world. Some of these founders left school without a qualification, others have PhDs. There are those who toiled away for years and are still in charge of their company after more than half a century.

There are others who have catapulted their way onto this list within just a few years by developing tech for which investors have been willing to write out very large cheques in the hope they are buying into the next Apple, Google or Facebook. One thing unites them all. At one point it was just them, perhaps a co-founder or two, an idea and a desire to try their luck.

The UK needs more of these billion-pound entrepreneurs with the energy and hunger to keep building. It needs more businesses that employ people by the thousand, not by the dozens or hundreds. The profiles may be of truly exceptional people, but their stories have lessons for businesses of every size.

To qualify for our list, an entrepreneur had to be a director of a company he or she founded or co-founded that has recently been valued at £1bn or more. We also included founders who are still the majority owners of their business but are not directors, such as Mike Ashley.

Valuations of public companies were derived from stock market prices at the start of the end of January 2025. The valuations of private companies were set by figures made public after a recent fundraising or sale.

If this was not available, we used a multiple of their annual profits, or in a small number of cases, their net assets. Businesses focused on financial or property trading were not included.

Foreword

We are living through challenging times and there is a lot for our clients to process, whether they are investors or active entrepreneurs. The rise of interest rates, the changing geopolitical situation and a new government are just some of the factors leading our clients to adjust their approach, alongside the impact of technological advances. The business leaders in this list have demonstrated an ability to navigate testing times and continual changes to build impressive and lasting legacies.

Having spent the majority of my career working with entrepreneurs, including some on this list, it has been a privilege to have a ringside seat to see their energy and creativity as they realise their vision for their companies. As in their businesses, it’s important that business leaders choose the right advisers for their wealth. It can be easy to forget the emotions at stake when you’re working with people who built their businesses from scratch.

Deutsche Bank is proud to have been acknowledged by Euromoney as the World’s Best Bank for Entrepreneurs. Supporting entrepreneurs has always been a core part of our DNA. Historically, that’s been a keystone of our business, starting in Germany where we were facilitating international trade. But it’s become a focus and point of pride for the Private Bank to work with entrepreneurs in a very holistic way. That means looking at their life goals broadly, what they want for their businesses and their families, and what mark they would like to make on the world.

Photo of James Whittaker

James Whittaker

Head of UK wealth management, UK CEO, Deutsche Bank

1

Financial Services

Nikolay Storonsky

Revolut

£35.6 billion

2

Oil, Gas & Utilities

Jim Ratcliffe

Ineos

£29.0 billion

3

Manufacturing

James Dyson

Dyson Group

£16.8 billion

4

Retail

Mohsin Issa & Zuber Issa

EG Group

£13.0 billion

5

Financial Services

Kristo Käärmann

Wise

£11.4 billion

6

Utilities

Greg Jackson

Octopus Energy

£7.2 billion

7

Hospitality & Leisure

Denise Coates & John Coates

Bet365

£6.0 billion

8

Utilities

Stephen Fitzpatrick

Ovo

£5.0 billion

8=

Retail

Tom Morris

Home Bargains

£5.0 billion

10

Financial Services

Richard Harpin

Homeserve

£4.1 billion

11

Financial Services

Martin Kissinger

Lendable

£3.5 billion

12

Retail

Laurence Graff

Graff Diamonds

£3.0 billion

13

Retail

Mike Ashley

Frasers Group

£2.8 billion

14

Technology

Herman Narula

Improbable

£2.7 billion

14=

Property

Ian Livingstone & Richard Livingstone

London + Regional Properties

£2.7 billion

16

Construction

John Bloor

Bloor Homes

£2.5 billion

16=

Consulting & IT Services

Philip Hulme & Peter Ogden

Computacenter

£2.5 billion

16=

Retail

Tim Steiner

Ocado Group

£2.5 billion

19

Manufacturing

Mark Slack

CMR Surgical

£2.4 billion

20

Technology

Alex Kendall

Wayve

£2.3 billion

21

Financial Services

Rishi Khosla

Oaknorth

£2.2 billion

22

Consulting & IT Services

Bill Holmes

Radius Payments

£2.0 billion

22=

Investment

Richard Branson

Virgin Group

£2.0 billion

22=

Technology

Will Shu

Deliveroo

£2.0 billion

25

Property

Nicholas Vetch

Big Yellow Group

£1.9 billion

26

Retail

Chris Dawson

The Range

£1.8 billion

26=

Food & Drink

James Watt & Martin Dickie

BrewDog

£1.8 billion

28

Property

Mark Dixon

IWG

£1.7 billion

28=

Technology

Victor Riparbelli & Steffen Tjerrild

Synthesia

£1.7 billion

28=

Financial Services

Hiroki Takeuchi

GoCardless

£1.7 billion

31

Hospitality & Leisure

Surinder Arora

Arora Group

£1.6 billion

31=

Financial Services

Henry Moser

Together

£1.6 billion

31=

Retail

Mary Perkins & Douglas Perkins

Specsavers

£1.6 billion

31=

Consulting & IT Services

Peter Rigby

Rigby Group

£1.6 billion

31=

Oil and Gas

36

Consulting & IT Services

Mike Danson

GlobalData

£1.5 billion

36=

Technology

Vishal Marria

Quantexa

£1.5 billion

38

Technology

Euan Blair

Multiverse

£1.4 billion

38=

Hospitality & Leisure

Rocco Forte & Olga Polizzi

Rocco Forte Hotels

£1.4 billion

38=

Technology

Gordon Sanghera & Spike Willcocks

Oxford Nanopore Technologies

£1.4 billion

41

Technology

Phil Brown

Causeway Technologies

£1.3 billion

41=

Technology

Matthew Scullion & Ed Thompson

Matillion

£1.3 billion

41=

Manufacturing

Tony Langley

Langley Holdings

£1.3 billion

41=

Property

Peter Jones

Emerson Developments

£1.3 billion

45

Financial Services

Mark Coombs

Ashmore

£1.2 billion

45=

Property

Harry Hyman

Primary Healthcare Properties

£1.2 billion

47

Retail

Ben Francis

Gymshark

£1.1 billion

47=

Technology

Lior Shiff & Akin Babayigit & Eyal Chameides

Tripledot Studios

£1.1 billion

49

Utilities

James Basden & Steven Meersman

Zenobe

£1.0 billion

49=

Retail

Tom Beahon & Phil Beahon

Castore

£1.0 billion

49=

Hospitality & Leisure

Fred Done & Peter Done

Betfred

£1.0 billion

49=

Retail

Malcolm Healey

Wren Kitchens

£1.0 billion

49=

Financial Services

Oliver Kent-Braham & Alexander Kent-Braham

Marshmallow

£1.0 billion

49=

Retail

Bernard Lewis

River Island

£1.0 billion

49=

Retail

Charlotte Tilbury

Charlotte Tilbury

£1.0 billion

49=

Manufacturing

Steve Turner & Mark Drain

Spectrum Medical

£1.0 billion

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