IS HIGHLIGHTED IN THE LATEST RICH LIST...
Despite being £1.841bn worse off compared to 2017, Ernesto and Kirsty Bertarelli top the West Midlands Rich List again this year, with a fortune just shy of £10bn, at £9.659bn.
Kirsty Bertarelli, the Staffordshireborn songwriter and former Miss UK who co-wrote the track Black Coffee, a hit for the girl band All Saints, is Britain’s third wealthiest woman. Ernesto Bertarelli’s family sold their biotech business Serono for $13.3bn in 2006, netting the family $8.6bn. Mr Bertarelli has furthered the family fortune by investing in the Swiss pharma businesses, Santhera and Stallergenes Greer. He has also diversified into other sectors.
Robert Watts, compiler of The Sunday Times Rich List, said: “The Midlands is the engine room of Britain’s economy so it’s no surprise to see tycoons like Lord Edmiston from the car industry and Lord Bamford from the manufacturing world feature prominently in the region’s Rich List. Many of these entrepreneurs enjoyed a ‘Brexit dividend’ with the weaker pound making their products cheaper to exporters.
“But over our 30 editions we’ve seen more and more diversity in how these entrepreneurs make their money and our Midlands Rich List epitomises that change, with vast fortunes now being made from mobile phones, online gambling and even selling chickens.”