37 GRAHAM & RICHARD CHERRY
Construction 2018: £98m 2017: £95m (36th)
The Cherry family’s Stonebond property operation saw its assets rise sharply to £6.5m last year. But the company is small beer beside the family’s main interest, Brentwood-based Countryside Properties. Chartered surveyor and estate agent Alan Cherry founded the company in 1958. It was listed on the stock market in 1972. Cherry remained as chairman until his death in 2010. His sons Graham and Richard, joined the board in 1984 and 1986 respectively. Countryside was taken private in 2005 and later was largely taken over by a private equity group in 2013, although the Cherry family are still involved in the business. Countryside floated on the stock market in 2016 and is now valued at £1.5bn. The brothers sold shares worth £36m last year and retain a stake worth £35m. Proceeds from share sales, shares in trust and other assets such as Stonebond easily take the family to £98m.