The 15 richest Brits in drinks

7. Richard Caring

Position 2019: 213

Position 2020: 171

Worth: £820 million

Rise/fall: +£170m

Sources: Restaurants, Property

Richard Caring, the Chairman of Caprice Holdings which owns and runs The Ivy chain of restaurants, is the 7th richest person in our ranking. The group has closed all of its restaurants for an “unspecified amount of time” and has also furloughed “the majority” of its workforce as the UK’s coronavirus lockdown forced restaurants to close.

In addition, it plans to take advantage of the 12-month business rates waiver as well as short term working capital loan finance, but according to accounts filed on Companies House this year, the company has received “strong support” from its bankers and Caring to whether the storm.

Caring sold a 25% stake in Caprice Holdings to former Qatari prime minister Sheikh Hamad bin Jassim Al Thani for £200m last year, providing a boost to his estimated worth.

He also owns a 30% share in members club group Soho House, a stake valued at close to £300m.

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