THE £800m PIONEER

Michael Spencer made £30,000 from trading while still at Oxford University

He was fired from his first two jobs for trading errors, set up on his own in 1986, and is now worth £800m

Spencer is known for throwing lavish parties – flying 150 friends to £1,000-anight hotels in Morocco for his 60th birthday

The father of three invented a charity day where celebrities man the phones, which has raised £140m since 1993

The former Tory treasurer reportedly had his peerage blocked after his firm was fined £55m for rigging Libor rates. He was not implicated

He is married to second wife Sarah, ex-wife of the Marquess of Milford Haven