RESULTS FOR 2008
Ranking: 1794=
Worth: £40m
Source of wealth: Media

In 1974, Clive Hollick, then a 29-year-old director of Hambros investment bank, became the chief executive of JH Vavasseur, a troubled financial services and media group. By 1978 the renamed MAI spanned international money and securities brokering, advertising and film production. It merged with United News & Media in 1996 to create United Business Media. In 2005, after 31 years, Hollick, 62, now a Labour peer, stepped down as chief executive of UBM, but was hired by the American private equity giant Kohlberg Kravis Roberts, where he remains a director. Chairman of the Southbank Centre board for six years, he left at the end of 2007 having overseen the refurbishment of the Royal Festival Hall and surrounding site. With share options, past salaries and pensions, his London home and country estate, not forgetting his past coups in the City, he is easily worth £40m.

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