Top 17 richest Brits in drinks

7. Tim Martin

Position 2019: 310

Position 2018: 295

Worth: £437m

Rise/fall: -£11m

Sources: Hospitality (pubs)

Tim Martin is founder and chairman of pub chain Wetherspoon. Born in Norwich and raised in New Zealand, Martin bought his first pub in Muswell Hill, north London, in 1979. Wetherspoon now has around 900 pubs with sales up 5% to £1.69bn in 2017-18. Share value, however, has fallen, with Martin’s stake in the £1.28bn group has fallen by about £14m to £406m

The vocal pro-Brexit pub chief has promised to cut the price of beer in the event of a no-deal. In 2018 he began removing European beer and wine from the pub chain and has signed a contract with Surrey wine estate Denbies.

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