Odey slips from billionaire to multi-millionaire in Rich List; Peter Hargreaves' wealth jumps by £256m

Challenges to the UK's wealthiest

katrina Baugh
Odey slips from billionaire to multi-millionaire in Rich List; Peter Hargreaves' wealth jumps by £256m

Hedge fund manager Crispin Odey and wife Nichola Pease have dropped out of the top 100 in this year's The Sunday Times Rich List, as a number of the UK's wealthiest individuals have been hit hard by issues including the steel crisis and plunging commodity prices.

Ten billionaires on last year's list are no longer billionaires, which is the biggest fall since the financial crisis. They include Odey (pictured); Matalan founder John Hargreaves; steel maker Lord Paul; and two executives at commodities giant Glencore, Telis Mistakidis and Alex Beard. View The Sunday Times Rich List in full here (subscription required) A difficult year for some of Britain's wealthiest individuals has contributed to the first levelling of wealth for this group in six years, according to The Sunday Times. Names among the hardest hit include steel billionaire Lak...

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