You can be forgiven for thinking the Queen is the richest person in the UK.
Surrounded by opulence and living in a home worth an estimated £3.7billion in Buckingham Palace and with a household staff of 400 behind her, Queen Elizabeth is sitting pretty.
In addition she has an entire wardrobe filled with designer clothes as well as a jewel and horse collection worth many millions, nobody would think the Queen is struggling.
But despite her estimated £325m worth making her 344th on the Sunday Times rich list, she falls way behind some big earners from here in Bristol, or close by.
A handful of lucky people actually earn considerably more than her.
Using the South West Times Rich list, we have taken a look at who in the region earns more than the monarch.
The annual compilation of the nation’s most affluent individuals includes 1,000 people, 20 of whom are from the region.
The list is based on identifiable wealth , including land, property and other assets such as art and racehorses, or significant shares in publicly quoted companies. But it excludes bank accounts, to which the paper has no access.
The total net worth of everyone in the South West group stands at £28.821billion collectively – up by nearly £3.99billion on 2018.
This 16 per cent increase was driven in large part by the rise in the wealth of Sir James Dyson.
Here, we take a look at some of the richest figures in the region – and how their fortunes have grown or fallen in the last year.
Sir James Dyson
(Image: Western Daily Press/Heathcliff O’Malley)
Sir James Dyson tops the list for the South West with a whopping estimated income of £12.6billion.
The tech tycoon, 72, has seen his wealth grow by £3.1billion in the past 12 months alone.
The inventor, who recently announced he is moving his company headquarters from Wiltshire to Singapore , is exploring futuristic technologies including machine learning and artificial intelligence.
He is still investing heavily in Britain, pouring £200million into a project to develop an electric car.
In 2018, Dyson’s profits burst through the billion-pound barrier, climbing to £1.1billion on £4.4billion sales.
The entrepreneur and his family have taken nearly £500million in salaries and dividends since 1999 and, with 25,000 acres in his portfolio, he is a bigger landowner than the Queen.
Sir James is followed on the South West Rich List by financial services tycoon Peter Hargreaves.
Hargreaves is worth £3.046billion – down £118million on last year.
The Brexit-backer said last year that he would “guarantee my entire wealth that no deal will get us free trade [with the EU], because the three biggest economies in Europe are huge exporters to the UK. That’s Germany, France and Italy.”
Hargreaves, 72, co-founded the Bristol-based Hargreaves Lansdown financial services and investment business in 1981 with Steve Lansdown.
The firm is worth £8.59billion, and Hargreaves’ stake is down £145million to nearly £2.77billion.
Chris and Sarah Dawson
Retail billionaires Chris and Sarah Dawson rank third, with their wealth this year adding up to £1.99billion – a £30million increase on last year.
The company’s net assets grew by £10million to £260.2million between 2017 and 2018.
The Range has opened 19 new stores in the past year and Chris Dawson has transferred ownership of the main business to his wife Sarah, 56, who is based in Jersey.
The firm floated in 2007 with a market capitalisation of £800million and rapidly increased in value. Today, the company is worth £8.59billion.
The businessman was fourth on the list – and his fortune remains unchanged at £1.72billion.
Sir David McMutry and John Deer
The co-founders of engineering giant Renishaw, Sir David McMutry and John Deer, have both seen their wealth take a slight dip.
The slide followed Sir David’s retirement as chief executive last year, although he remains in the business as executive chairman.
Renishaw’s metal 3D printing technology has led to an improvement in sales, and profits grew by nearly a third to £155.2million between 2017 and 18.
Sir David, 79, has a 36.24 per cent stake in the company that is worth more than £1.2billion.
Meanwhile, Deer, 81, has a stake of stands at 16.81 per cent – down £30million this year to £563.1million.
Singaporean business mogul Christina Ong, 71, who has a controlling stake in fashion chain Mulberry, has seen the value of her shares in the brand plummet by more than half in the past 12 months.
The business was hit by the collapse of House of Fraser, where the Somerset-based outfit had concessions.
Ong owns 56.17 per cent of the label, and her stake is down £193million to £104.2million.
Despite her husband Ong Beng Seng’s £1.98billion Singapore operation, Hotel Properties, the Ong family are the biggest losers on the South West Rich List.
Ursula and Wilfried Bechtolsheimer
In contrast, billionaires Ursula and Wilfried Bechtolsheimer are the biggest winners.
Ursula, 67, and Wilfried, 70, inherited huge sums from Ursula’s father, the German retail tycoon Karl-Heinz Kipp, who died in 2017 leaving £3.2billon.
The couple have a horse-breeding operation in Gloucestershire, and their daughter Laura Tomlinson won the dressage gold in the 2012 London Olympics .
One son, Till, 36, has launched a New York investment management outfit Arosa, with $200million of his grandfather’s money.
The family’s wealth is up £883million in the past year to £1billion.
The Clark family
The family behind shoe chain Clarks fell to 12th place on the list – down from ninth last year – with a fortune of £484million (down £86million).
Lance Clark died last March, aged 81, and was the sixth generation of his family to lead the Somerset-based shoemaker.
Sales fell by seven per cent to nearly £1.54billion between 2017 and 2018, but profits slid only marginally to £19.7million.
Clarks shoes was originally set up as C&J Clark in 1825 by Cyrus and James Clark, the latter of whom had the idea of making slippers from sheepskin offcuts.
A total of 84.6 per cent of the business is still owned by the Clark family, who should have received nearly £100million in dividends over the past five years.
Mark and Mo Constantine
The founders of cosmetics chain Lush, which has branches in Bristol, have also had a successful year.
Mark and Mo Constantine have seen their fortune rise from £150million to £440million, which has earned them a ranking of 15 on the list.
Constantine, 66, and his wife Mo, 65, started their Lush cosmetics company in Poole, Dorset, and they now have 105 UK stores and 900-plus outlets worldwide.
Lush is valued at £700million, with the Constantines holding worth £393million.
The 2019 Sunday Times Rich List – contained in a 156-page special edition of The Sunday Times Magazine – is published on Sunday, May 12.
The top 20 riches families and individuals in the South West
|Sir James Dyson and family|
|Chris and Sarah Dawson|
|Sir David McMurtry|
|Christina Ong and family|
|Ursula and Wilfried Bechtolscheimer and family|
|Lord Vestey and family|
|Andrew Nisbet and family|
|The Clark family|
|Mark and Mo Constantine|
|Tom Singh and family|
|Clive and Steve Boultbee Brooks and family|
|Nigel Spokes and family|
|Andrew and Christina Brownsword|