9 BILL IVES & FAMILY
Bill Ives started Rainham Steel in 1973 as a new and reusable steel supplier. The company diversified and started to target builders and builders’ merchants in the 1980s. Profits at Essex-based Rainham fell to £3.2m profit in 2013-14. But adding Ives’ salary to the bottom line pushes the profit to £9m and justifies a £170m valuation. Hefty investments and property assets take Ives to £350m.