Jamie Oliver knocked off Sunday Times Rich List

Jamie Oliver has not made the Sunday Times Rich List for the first time in eight years, following a strained few months in which the celebrity chef has struggled with his restaurant group.

Oliver was valued at £150m in last year’s list, but earlier this year, it was reported that his Jamie’s Italian chain was in £71.5m worth of debt.

Since the beginning of 2018, he has closed 12 of the chain’s 37 sites and in April, his Australian restaurant business went into administration.

He recently announced a 10 year partnership with food service provider Aramark.

The list was topped by James Ratcliffe, with a net worth of £21.05bn, co-owner of shabby chic hotel chain Pig Hotels.

Others in the hospitality sector who made the list include Brewdog founders Martin Dickie and James Watt, worth £228m and £262m respectively. JD Wetherspoon owner Tim Martin was also on the list with a net worth of £448m, as was Pret A Manger and Itsu founder Julian Metcalfe, worth £164m.

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