Rich List: Peter Hargreaves jumps into the top 50 while Odey's wealth falls £25m

42nd on The Sunday Times Rich List

Peter Hargreaves has moved into the top 50 in this year's Sunday Times Rich List, following a strong year for Hargreaves Lansdown, the company he co-founded in 1981.

According to The Sunday Times Rich List 2018, Hargreaves jumped nine places to 42nd with his wealth increasing by £849m to £3.2bn as Hargreaves Lansdown, in which he has a 32.2% stake, saw its value rise £809m in a year to just over £2.9bn. Last year, Hargreaves invested £25m in Blue Whale Capital, an asset management firm founded by ex-Artemis manager Stephen Yiu. It was also reported over the weekend that the Bristol-based investor has entered the aerospace sector, according to The Sunday Times, by pouring £24m into the Goonhilly Earth Station, a company which provides spacecraft tr...