20= SU­SAN TOBBELL

Essex Life - - RICHEST 50 -

Fuel Re­tail­ing 2018: £200m 2017: £200m (17th=)

As one of the Lib­eral Democrats’ big­gest donors and a mem­ber of the party’s business ad­vi­sory group, Su­san To­bell will be hop­ing that the party can make a break­through un­der the lead­er­ship of Sir Vince Ca­ble. So far not much has hap­pened. But Tobbell has deep pock­ets. Start­ing with her business part­ner Gra­ham Pea­cock and just £1,000 back in 1997, the pair built up their Ep­ping-based petrol re­tailer MRH into a business with £2bn an­nual sales and more than 450 sites. Tobbell served as fi­nance di­rec­tor and owned a 22% stake in the business. A US pri­vate eq­uity op­er­a­tion bought the business for around £1bn in 2016. Tak­ing ac­count of pre­vi­ous earn­ings, the sale price of her stake and a £1.5m stake in a quoted bus op­er­a­tor, Tobbell should eas­ily be worth £200m after tax. Her LinkedIn pro­file page de­clares ‘ev­ery day’s a Satur­day’ as she is now re­tired.

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