Jupiter's Nutt makes Rich List with £76m fortune

katrina Baugh
clock

Jupiter income manager Tony Nutt has made the Sunday Times Rich List for the first time with a fortune of £76m.

Nutt enters the 2011 list in 926th place. His stake in Jupiter, which floated in June, is worth £66.5m. Share sales at the float of £5.7m and past salaries take his wealth to £76m. Meanwhile Peter Hargreaves and Stephen Lansdown are now amongst the UK's 100 wealthiest people. The founders of the Bristol-based wealth manager reaped the rewards as their firm entered the FTSE 100 in March this year, with its market cap now £3.05bn. It was a good investment by the former accountants who put in just £500 each 30 years ago to kick-start the firm. Hargreaves is now 65th on the Rich Lis...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

UK inflation falls less than expected over March to 3.2%
UK

UK inflation falls less than expected over March to 3.2%

‘Signs of deeper persistence’

clock 17 April 2024 • 2 min read
Incoming BoE deputy governor Lombardelli: Bernanke review offers a 'great opportunity' to improve policymaking
UK

Incoming BoE deputy governor Lombardelli: Bernanke review offers a 'great opportunity' to improve policymaking

Treasury Committee hearing

Cristian Angeloni
clock 16 April 2024 • 3 min read
UK unemployment rate ticks up to 4.2% in cooling labour market
UK

UK unemployment rate ticks up to 4.2% in cooling labour market

Wage growth higher than expected

Valeria Martinez
clock 16 April 2024 • 2 min read
Trustpilot