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Andrew Law
Hedge fund
Rank 2017
262=
Worth
£475m
Rise/fall
£50m
Hollywood A-lister Orlando Bloom conducted a series of workshops at Cheadle Hulme High School in January to mark the launch of the Laurus Trust, a chain of new free schools in the northwest of England sponsored by Law, chairman and main shareholder in New York hedge fund Caxton Associates. Bloom struggled with dyslexia as a child and is a supporter of the Cicero curriculum, which aims to bring language to life by developing a strong speaking voice in pupils. Law, 50, a Sheffield University economics graduate and former Goldman Sachs trader, was born in Cheadle Hulme and attended the high school. It will be the flagship of the Laurus chain, with a primary and three secondary free schools due to open in September 2018. A Manchester City fan, he owns the LS Lowry painting Manchester City vs Sheffield United.
   With wife Zoe, 42, a former make-up artist, he founded the Law Family Education Trust and Law Family Charitable Foundation, supporting other educational initiatives that include bringing well-known speakers into state schools. He also supports the centre-right Policy Exchange think tank and the Lowry theatre complex in Salford. Caxton, with about £7.9bn under management, had a tough 2014 but profits doubled to £15.8m on £51.8m sales in 2015, with Law's stake and past earnings adding up to £475m. He gave £200,000 to the "remain" campaign before the EU referendum and a similar sum to the Conservative party.