Ashley tops Rich List – despite losing nearly £500m

Photo of Mike Ashley courtesy of Martin Rickett/PA Wire.
Mike Ashley has retained his spot as the richest person in the East Midlands, according to The Sunday Times 2019 Rich List, but has lost almost half a billion pounds over the last year. Ashley, who failed in his attempt to buy Debenhams recently, has been hit by the poor trading performance of Sports Direct and has been busy trying to bulk up his portfolio with deals to buy House of Fraser, Evans Cycles and Sofa.com. His is now worth £1.976bn, according to the Rich List. Derbyshire entrepreneur John Bloor comes in second place,... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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