12 from drinks make rich list

John Apthorp (Majestic Wine)  – 596th

UK wine retailer Majestic has had a good year and announced a rise in like-for-like sales over Christmas. Excluding VAT, during the nine weeks from 1 November 2011 to 2 January 2012, Majestic’s combined stores recorded sales growth of 8.4% on the previous period. Like-for-like sales rose by 4%, which brings the total store growth – excluding VAT – to 2.7% for the first 40 weeks of the financial year.

This is reflected in The Sunday Times Rich List 2012 as John Apthorp is in the top 600 as his family has a £44m stake in the wine company.

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