The owners of Telegraph Media Group are Britain’s richest newspaper proprietors, according The Sunday Times Rich List 2012.
The 77-year-old twin brothers Sir David and Sir Fredrick Barclay – who also own the Ritz hotel, in London and the Littlewoods mail order business – top the list with an estimated £2.25bn fortune, up from £2.2bn in 2011.
Second on the list is Express Newspapers publisher Richard Desmond with an estimated wealth of £1bn, followed by Associated Newspapers owners Viscount Rothermere and family with £760m.
Regional newspaper publisher Sir Ray Tindle is 16th on the list of the richest people in publishing and advertising with an estimated wealth of £125m, down from £145m in 2011.
London-based Cristina Stenbeck, who was born and raised in New York, is the wealthiest woman among Britain’s richest publishers with a £369m fortune.
After the death of her father in 2002 she became steward of the family’s interests at the Swedish-based Investment AB Kinnevik media and telecoms group – best known for its stable of Metro free newspapers (which doesn’t include UK Metro).
The Sunday Times’ Rich List 2012 for publishing and advertising:
- Sir David and Sir Frederick Barclay: £2,250m
- Richard Desmond: £1,000m
- Viscount Rothermere and family: £760m
- The Thomson family: £700m
- Paddy McNally: £515m
- Viscount Cowdray and the Pearson family: £500m
- Felix Dennis: £500m
- Cristina Stenbeck: £369m
- Mark Getty and family: £330m
- Mike Danson: £310m
- Lord Iliffe and family: £266m
- Sir Martin Sorrell: £174m
- Mike Luckwell: £135m
- Philip and Patricia Brown: £132m
- Lord and Charles Saatchi: £130m
- Sir Ray Tindle: £125m
- Neil Hutchinson: £123m
- Nick Forman Hardy and family: £102m
- Alan Parker: £95m