Last week, Business Insider’s annual Rich List identified £45.6 billion of wealth shared between our region’s 50 most affluent individuals and families - up almost 9% on the previous year.
In this article here, we shared the 25 richest people from the North West according to that list.
Now we have gone back to NW Business Insider Rich List to see how many of the richest 50 people were Lancastrians.
So take a look at the 13 people with links to Lancashire who have been named amongst the richest in the country.
1. 13 richest Lancastrians
Take a look at all the Lancastrians named in the NW Business Insider Rich List | Various
2. Tom Morris and family (2025: £5.671bn) - Retail: Low-cost retail
Lytham St Annes resident Morris’s discount retailing empire has had its best ever year. There were record profits of £454.8m last year and turnover topped £4bn for the first time. One of seven sons of a Liverpool shopkeeper, Morris’s entrepreneurial career began at the age of 21 when he opened what was initially called Home and Bargains in the city’s Old Swan district. There are now 617 Home Bargains stores in his chain and plans for as many as 1,000. Rivals attribute his success to a relentless quest for efficiency that bears down on costs, allowing him to offer customers the cheapest of prices. He apparently doesn’t bother with employing a PA and drives an aging Volkswagen Golf. Home Bargains should be worth around £5.5bn. Two property companies and other wealth outside the company adds another £171m. | The Sunday Times Photo: The Sunday Times
.jpeg?crop=4:3&trim=&width=800)
3. Mohsin Issa (2025: £4.030bn) - Retail: Petrol retailing
Blackburn born Mohsin Issa and his younger brother Zuber stand to make a fortune from driving their petrol station group onto the New York stock exchange. The listing could value Bolton-based EG Group at as much as £13 billion and will be made under the name Cumberland Farms - a US company acquired by the Issas six years ago. Mohsin is now the sole chief executive of EG after Zuber stepped down last summer. The brothers started their forecourt empire from a single £150,000 site in Bury. Mohsin still owns a quarter of EG Group - a stake worth at least £2.5bn ahead of the float. He also owns 22.5% of the supermarket ASDA, a holding valued at £1.53bn by the 2021 takeover. | Lorne Campbell / Guzelian
4. Mohsin and Zuber (pictured) Issa (£6bn)
The younger of the Blackburn Issa brothers is pumping millions of pounds into the revival of the Duckhams oil brand. An iconic name in British motorsport for decades, Duckhams was long associated with Formula One legends including Nigel Mansell and Ayrton Senna. BP retired the brand more than 20 years ago. Issa built his fortune with his sibling Mohsin at their petrol retailing juggernaut EG Group. There are plans for a US stockmarket float valuing the business at up to £13bn. Zuber owns about a quarter of the shares. We value that stake at £2.5bn until the float takes place. The younger Issa has sold his 22.5% stake in Asda, the supermarket. Tax on the proceeds of that sale explains why Zuber appears below his older brother in this list. | Getty Images
5. Matthew Riley (2025: £957m) - Business services: Telecoms and IT
Earlier this year Burnley born Riley’s telecoms and IT business Daisy Group merged with the business behind 02 and Virgin. The tie-up created a £3bn giant designed to take-on heavyweight such as BT and Vodafone. Daisy owns 30% of the combined group. Riley in turn owns 75% of Daisy - putting a value of £675m on his stake in the new business, expected to be called VMO2-Daisy. Riley’s separate investment company, Robinson Capital, now has £281.9m on its balance sheet. Once mentored by Sir Philip Green, Nelson-based Riley has also appeared as a judge on The Apprentice. | Wayne Myers Photo: Wayne Myers
.jpeg?trim=256,1000,494,0&crop=&width=800)
6. Tim Knowles (2025: £735m) - Property: Real estate development
Chorley born Knowles has built a commercial property empire stretching from Glasgow to Southampton - quite an achievement for someone who left school unable to read or write. Starting out by cleaning cars, he created a franchise and after selling this venture for £2m in his early 20s he cannily kept hold of the business’s properties. He has equity worth £704m across six separate companies. Publicly-filed accounts only show a part of his wealth. Homes in Dubai, St Tropez, the Isle of Man and elsewhere add another £30m. He also has a £600,000 wine collection. | submit