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Richard Desmond
Media, Property
Rank 2017
46
Worth
£2,500m
Rise/fall
£250m

After making his fortune with magazines and other media Desmond, 65, is a serious player in the London property world. The £1bn development with the Livingstone brothers (qv) of his old Westferry printworks site in the Docklands will include 722 homes, a school, bars, shops and restaurants. Among his portfolio is Number 10 Lower Thames Street, the £160m home of his newspaper empire. The Express titles, bought in 2000 for £125m, are now worth £300m. Hampstead-born Desmond, who paid himself £158m from 2002 to 2007, also banked £463m from selling Channel 5 in 2014. His Northern & Shell Ventures and Health Lottery add £200m.