Expired

Low pensions,nothing to worry about, the 1% are fine

88
Top comments
123thisisme11 m ago

I dont think the public do, there is just not a lot we can do about it.


I disagree, we are well aware of the expenses scandal, the off shore tax dodging etc, yet people focus instead on the dossers drinking in the street and family with six kids in a council house, and other such trivial things that are a drop in the ocean by comparison.

I think we have it drummed in from childhood to act as lapdogs to the rich in hopes scraps fall from their table, its fear there is a general fear as those people do hold power, so a blind eye is turned and people just put up with it because what are you going to do, people convince themselves its never going to be any other way.

Then the same people pick on those lower in society then themselves to make themselves feel better and more important, easy targets because they have no power over them so no fear and they can offer nothing, the only time people stand stand up for those below them is when they fear, supporting nurses and local fire services for example its self preservation only, the idea of society has been lost.
Pension? What Pension..

I love companies like AgeUK giving pension advice, but my partner worked for them for 6-7 years and they didn't even pay her basic National Insurance. 0 hour contract scumbag employers with a twisted moral compass.
davewave34 m ago

examples above in my post of those who through luck and hard work made it …examples above in my post of those who through luck and hard work made it to the top earners, many more examples at lower levels - its a comfortable excuse for failure, well the rich stay rich and the poor stay poor.



33253395-Dg47X.jpg
88 Comments
InB4 anyone this enduring British cultural words, "If I am not getting any why should you?"
Typically used in setting where one (group) is pitched against another.
Edited by: "splender" 13th Feb
splender18 m ago

InB4 anyone this enduring British cultural words, "If I am not getting any …InB4 anyone this enduring British cultural words, "If I am not getting any why should you?"Typically used in setting where one (group) is pitched against another.


So do you think its OK for the rich to get richer whilst the poor get poorer?
123thisisme4 m ago

So do you think its OK for the rich to get richer whilst the poor get …So do you think its OK for the rich to get richer whilst the poor get poorer?


Au contraire. Now you understand the real meaning of this behaviour as I just described.
Edited by: "splender" 13th Feb
123thisisme8 m ago

So do you think its OK for the rich to get richer whilst the poor get …So do you think its OK for the rich to get richer whilst the poor get poorer?


Clearly the British public do
Segata-Sanshiro2 m ago

Clearly the British public do


I dont think the public do, there is just not a lot we can do about it.
123thisisme11 m ago

I dont think the public do, there is just not a lot we can do about it.


I disagree, we are well aware of the expenses scandal, the off shore tax dodging etc, yet people focus instead on the dossers drinking in the street and family with six kids in a council house, and other such trivial things that are a drop in the ocean by comparison.

I think we have it drummed in from childhood to act as lapdogs to the rich in hopes scraps fall from their table, its fear there is a general fear as those people do hold power, so a blind eye is turned and people just put up with it because what are you going to do, people convince themselves its never going to be any other way.

Then the same people pick on those lower in society then themselves to make themselves feel better and more important, easy targets because they have no power over them so no fear and they can offer nothing, the only time people stand stand up for those below them is when they fear, supporting nurses and local fire services for example its self preservation only, the idea of society has been lost.
123thisisme15 m ago

I dont think the public do, there is just not a lot we can do about it.


Use a similar technique that Farage had used, well spoken city person , single issue party and get a few million voters.
Segata-Sanshiro11 m ago

I think we have it drummed in from childhood to act as lapdogs to the rich …I think we have it drummed in from childhood to act as lapdogs to the rich in hopes scraps fall from their table, its fear there is a general fear as those people do hold power, so a blind eye is turned and people just put up with it because what are you going to do, people convince themselves its never going to be any other way.


You hit the nail squarely on the head.
Pension? What Pension..

I love companies like AgeUK giving pension advice, but my partner worked for them for 6-7 years and they didn't even pay her basic National Insurance. 0 hour contract scumbag employers with a twisted moral compass.
WRONG!!! The poor often become rich and the rich often become poor, do not believe that everyone must stay in some type of economic strata forever.

Some build wealth and some lose it.

Do you seriously not know any friends who are doing better than other friends because they worked hard and or got lucky.
davewave27 m ago

WRONG!!! The poor often become rich and the rich often become poor, do not …WRONG!!! The poor often become rich and the rich often become poor, do not believe that everyone must stay in some type of economic strata forever.Some build wealth and some lose it.Do you seriously not know any friends who are doing better than other friends because they worked hard and or got lucky.


Not wrong!!! whilst I would agree that some poor become rich and some rich become poor, generally if you are born into money then you will do well in life and if your are born into poverty then tough.
  • The top 25 rags-to-riches entrepreneurs: Sir Philip Green, Mike Ashley and Sir Richard Branson top list of those who started with small sums but built business empires

Many dream of starting a business with a small sum of money and turning it into a million-pound juggernaut. After all, every business has to start somewhere.
And if you are looking for inspiration, there are plenty of British entrepreneurs who have built themselves into household names from relatively small amounts, according to a top 25 list compiled by Start Up Loans, a Government funded scheme to provide advice and business loans to new firms,

Topping that league is Topshop guru Sir Philip Green, who started his business importing jeans from the Far East to sell to London retailers with £20,000.


+11

Small fortune: Philip Green started with £20,000 and is now worth nearly £4billion according to Start Up Loans. Pictured is his flagship Topshop store in Oxford Street, London

Fast forward to today and his estimated fortune is now £3.88billion ,as the owner of Arcadia Group, which encompasses high street chains such as Burton, Miss Selfridge and , of course Topshop.

Making up the rest of the top three is Mike Ashley, owner of Sports Direct, who started with £10,000 and Sir Richard Branson, Virgin mogul, who started with just £300.

Those who started with the least in the list are Lord Sugar, star of BBC's the Apprentice and Jon Hunt, founder of Foxtons estate agents – both began their business adventures with just £100 capital.
Yasmina Siadatan, director of Start Up Loans, said: 'This list goes to show what can be achieved with very little start up capital and should act as an inspiration to the next generation of entrepreneurs.


'There are a number of people out there with great business ideas but little access to finance. Start Up Loans aims to equip enterprising individuals with the tools needed to make their business a success.'

According to Start Up Loans, the rags-to-riches list is based on identifiable wealth, using information available in the public domain.

The list comprises of self-made millionaires, who started their business in the UK with the help of small financial investment and have gone on to achieve notable success in their sector, providing inspiration for would-be entrepreneurs.

We reveal the top 25 below.

Top 25 rags-to-riches entrepreneurs:


+11

1. Sir Philip Green

Estimated fortune: £3.88billion

Sector: Fashion/retail

Start up capital: £20,000

Having initially set up his first business with a £20,000 loan, importing jeans from the Far East to sell on to retailers in London, Green went on to become the owner of the Arcadia Group, which owns well-known high street chains such as Burton, Dorothy Perkins, Evans, Miss Selfridge, Outfit, Topshop/Topman and Wallis.


+11

2. Mike Ashley

Estimate fortune: £3.75billion

Sector: Retail/sports equipment/fashion

Start up capital: £10,000

After leaving school at 16, he became a county-level squash coach. In the 1980s Ashley opened his first Sport & Ski shop in Maidenhead, before hitting the big time with Sports Direct which started from a £10,000 loan. It is now a presence across the UK's high streets.


+11

3. Sir Richard Branson

Estimated fortune: £3.6billion

Sector: Tourism/finance/media

Start up capital: £300

Branson epitomises the self-made entrepreneur. He started off creating a student magazine aged just 16, then in 1970, he founded a mail-order record company - within a year he had opened his first shop on London's Oxford Street – Virgin Records. Virgin has now become a brand which now covers everything from telecommunications to space tourism.

4. Peter Hargreaves CBE

Estimated fortune: £2.39billion

Sector: Finance

Start up capital: £500

Hargreaves and his business partner Stephen Lansdown began their investment broker business Hargreaves Lansdown from a spare bedroom, with just £500 and their cars as company assets. In 2007, the company was floated on the London stock market valued at £800million. It is now valued at £4.5billion.

5. John Caudwell

Estimated fortune: £1.5billion

Sector: Telecoms

Start up capital: £25,000

In 1987, Caudwell became aware of a new technology – mobile phones. From humble beginnings on a factory production line in Stoke, and running a mail order shop in the Midlands to the UK's fastest growing company, Caudwell built up the Caudwell Group, which included mobile phone chain Phones4U before netting more than £1billon at its sale in 2006.


+11

6. Sir Charles Dunstone

Estimated fortune: £1.49billion

Sector: Telecoms

Start up capital: £6,000

Charles began selling mobile phones out of his flat and became Europe's largest independent mobile phone retailer from start up capital of £6,000 via his brand Carphone Warehouse. In July 2000 the company floated on the London Stock Exchange and based on an Issue price of 200p, the company was valued at approximately £1.7billion.

7. Sir Anwar Pervez and family

Estimated fortune: £1.31billion

Sector: Retail

Start up capital: £2,200



Born in Pakistan, the son of a poor farmer, he grew up in a village in Punjab and would walk eight miles to school and back every day. Former bus conductor Pervez built Bestway Cash and Carry and his £1.3billion fortune, from scratch.

8. Chris Dawson

Estimated fortune: £1.28billion

Sector: Retail/fashion

Start up capital: £5,000

Dawson, nicknamed, 'Plymouth's deluxe Del Boy' has shown selling goods from a suitcase can lead to big things, founding The Range (homeware) in 1988. His chain of discount stores made £88million profit in 2014. The group has more than 100 stores nationwide and is worth £1.23billon.

9. Bernard Lewis and family

Estimated fortune: £1.25billion

Sector: Retail/fashion

Start up capital: £25,000

Having opened his first shop aged 20 selling fruit and vegetables in North London, a shop that has been described as being made from corrugated iron and old timber on a bomb site, Bernard Lewis became the entrepreneur behind the River Island fashion brand and clothing chain.


+11

10. Lord Ashcroft

Estimated fortune: £1.2billion

Sector: Business services

Start up capital: £15,000

Lord Ashcroft is an international businessman, philanthropist and politician. Started with a £15,000 bank loan, he sold his company just three years later for £1.3million. Ashcroft's fortune has since come from many sources including selling home security giant ADT, and in 2011, he sold The Priory clinics for £925millon.

11. Richard Desmond

Estimated fortune: £1.2billion

Sector: Media

Start up capital: £25,000

This self-made media mogul is an English publisher and businessman, who used his entrepreneurial skills to build a media empire which started from a small base with a record shop, and now encompasses the Express Newspapers and various celebrity magazines, such as OK! and New!

12. Lord Graham Kirkham and family

Estimated fortune: £1.15billion

Sector: Retail/furniture

Start up capital: £25,000

Yorkshire Tory peer Lord Kirkham entered the billionaire league in 2010 when he sold his furniture company, DFS. Over 41 years, Kirkham grew the firm, which started above a snooker hall in the outskirts of Doncaster, to 79 stores, three factories and more than 2,600 staff. He is worth a reported £1.1billion.


+11

13. Jon Hunt

Estimated fortune: £1.07billion

Sector: Property/estate agency

Start up capital: £100

Hunt's property career began at age 19 when he borrowed a £100 deposit to buy a one-bedroom conversion for £4,500. In 1981 Hunt, then aged 28, founded Foxtons with school friend Anthony Pelligrinelli, who put in £30,000 to fund the business in its first year.

14. Sir Brian Souter and Ann Gloag

Estimated fortune: £1billion

Sector: Transport

Start up capital: £12,000

Sir Brian Souter and his sister Ann Gloag - a former bus conductor and former nurse - set-up Stagecoach, the international transport firm, in 1980 with just two vehicles, having spotted a gap in the market for intercity bus services.


+11

15. Lord Sugar

Estimated fortune: £900million

Sector: Technology/property

Start up capital: £100

Having initially started selling car aerials and electrical goods out of a van which he had bought with his savings of £100, Lord Sugar has become one of Britain's best known entrepreneurs, founding Amstrad in 1968 which specialised in cut-price consumer electronic goods. He is a familiar fixture on television, starring in BBC's The Apprentice.

16. Steve Morgan OBE

Estimated fortune: £650million

Sector: Construction

Start up capital: £5,000

Working as a site agent for Wellington Civil Engineering when the parent company decided it was to close, Morgan offered to take over the contract, borrowed £5,000 from his father and completed the contract at a profit. Aged just 21, Morgan registered his new company, Redrow, which now employs more than 1,300 people as one of the countries leading housebuilders.


+11

17. JK Rowling OBE

Estimated fortune: £570million

Sector: Books

Start up capital: £1,500

While living on state welfare, Rowling was given a £1,500 advance from her publishers to write Harry Potter and the Philosopher's Stone in 1995. She was advised by her publishing company to get a day job as financial success for the book was slim.

18. Melvyn Morris

Estimated fortune: £500million

Sector: Online

Start up capital: £5,000

A self-made millionaire, Morris left school at 16 and started a handful of businesses including a Spanish property group and a dating agency. When uDate was sold in 2002, Morris established King, the British and Swedish games studio behind smartphone sensation Candy Crush.


+11

19. Tom Singh OBE

Estimated fortune: £350million

Sector: Retail/Cash and carry

Start up capital: £5,000

Singh initially founded New Look in 1969 following a £5,000 load from his parents. It has grown to become the third largest women's wear retailer in Britain behind Marks & Spencers and Next, and the second biggest women's footwear retailer with a chain of over 1,000 stores worldwide.

20. Sukphal Singh

Estimated fortune: £300million

Sector: Transport

Start up capital: £5,000

A refugee from Idi Amin's Uganda, Sukphal borrowed £5,000 to start Euro Car Parts when he was just 18 after he spotted a gap in the market. He supplied parts for prestige German car brands such as BMW and Mercedes and landed a £225million fortune after selling the company to Chicago-based LKQ Corporation.

21. Rita Sharma

Estimated fortune: £100million

Sector: Travel

Start up capital: £4,000

The richest female Asian entrepreneur in Britain, successful mother and CEO, the college dropout who built up her business from her garage. WorldWide Travels, her travel agency which focuses on bespoke solutions and its web arm, Bestattravel.com had sales of £100million this year.


+11

22. Charlie Mullins

Estimated fortune: £100million

Sector: Plumbing

Start up capital: £25,000

Charlie Mullins was Britain's first 'millionaire plumber'. Pimlico Plumbers was started in a basement of a London estate agent in 1979. It now employs 200 people and has an £18million turnover.

23. Charlie Bigham

Estimated fortune: £100million

Sector: Food

Start up capital: £25,000

With £25,000 of savings, Charlie Bigham set up a firm using his name. It is a ready meal business which now employs 200 people across two sites and had sales in the last year of £26million.

24. Sam and Dan Houser

Estimated fortune: £80million

Sector: Gaming/technology

Start up capital: £25,000

The pair grew up near a video library in London watching American crime and cult films and Spaghetti Westerns. In 1998 the Houser brothers founded Rockstar Games and subsequently created Grand Theft Auto, one of the most successful video game franchises of all-time.

25. Linda Bennett OBE

Estimated fortune: £65million

Sector: Fashion

Start up capital: £15,000

Bennett started by first training herself at the Hackney's Cordwainers College and then went on to practice her trade. With a £15,000 bank loan, Linda Bennett set up her first shop which later became fashion giant LK Bennett making her £65million.
Edited by: "davewave" 13th Feb
123thisisme15 m ago

RIGHT.


examples above in my post of those who through luck and hard work made it to the top earners, many more examples at lower levels - its a comfortable excuse for failure, well the rich stay rich and the poor stay poor.
Writing out a few examples, a very few over the last 50 years is more conformation that you will die in the class you are born in then it is proof of the opposite. Over 600,000 new businesses start up every year so you work out the percentage of rags to riches

Although i am well aware that its easier to fall down the ladder then to climb it, my family had a estate in Surrey in the 18 hundreds owning several tailors shops in central London, l was raised in a London council estate.
davewave34 m ago

examples above in my post of those who through luck and hard work made it …examples above in my post of those who through luck and hard work made it to the top earners, many more examples at lower levels - its a comfortable excuse for failure, well the rich stay rich and the poor stay poor.



33253395-Dg47X.jpg
tryn2help1 m ago

[Image]


that made me laugh so hard!
I don't expect to live that long the way the NHS is going, I will probably have died of scurvy before I get there.
Uilleam1713th Feb

J Michael Straczynski“Let me tell you about a little psychological trick c …J Michael Straczynski“Let me tell you about a little psychological trick called conditioned helplessness.“When our world and our choices are restricted over a sufficiently long period of time, we come to believe that we cannot snap our bonds, cannot choose anything other than what we have, even though those bonds are often as sheer as gossamer.“And it’s when we are in that state of conditioned helplessness that we are truly at our most dangerous, to ourselves as we fall into despair or poor decisions, and to others when the weight of the perceived chain becomes too much, and like enraged elephants we go mad… and make those around us pay the price for our confinement.“It is in the vested interests of any society, any form of government, any hierarchical system to make you believe that you have no power, that you have no choices, that you cannot fight City Hall or Parliament or the Party or the Committee. We are told to play nice, to behave, to get along, that the human being singular can’t really change anything, can’t affect anything. Leave it to the rest, to the authorities, to those qualified to deal with the problem. They want you to go to sleep, to believe that there is nothing you can do.“They are, of course, quite wrong. And when they tell you you cannot do anything, that you do not have a choice, they are lying to you. Nothing more, nothing less.“History was changed by one assassin in Sarajevo, whose bullet set off a chain reaction that led to World War I and by default to World War II and much of the Cold War history thereafter.“One man with a bullet can change the world. We’ve seen it. We know it’s true.“How much more can one man or one woman with one idea change the world? Ask Mahatma Ghandi, Mother Theresa, John Kennedy, Nelson Mandela, Benjamin Franklin, Thomas Aquinas.“And while you’re at it… ask yourself.”JMS is appealing to us to see “hope, and optimism, and our capacity to build a better world if we are willing to fight for the future, to seize it for ourselves and make of it what we want, because if we don’t then someone else will make it for us, and it may not be the best possible future, or the one we most desire. It is about the nobler aspects of our humanity, those elements which call us together in a common cause, not the differences that pull us apart… In the final analysis, whatever we may have been taught to the contrary, we are more alike than we are different.”There is something we can do. And we should praise those who do it.


I prefer the model of france, a few angry housewives sick to death of the price of bread started a revolution, thats why so much got swept up under the anti terrorism laws and the like the politicians fear the people they know the power of the mob, their only defense is to try to stop the forming of the mob in the first place, and the biggest catalyst for the mob today is the internet.
Segata-Sanshiro2 h, 53 m ago

Clearly the British public do



Segata-Sanshiro2 h, 53 m ago

Clearly the British public do


There is another nail, this selfishness and divisiveness level is unparalleled in north-western Europe, area that I am more familiar with due to travels, "If I don't have it, you shouldn't have it too." "You have more than me, that's not fair (even when not needed)", "you shouldn't have it, not my money, but because you are undeserving", assuming everyone else should behave 100% when one's 50%-80%, use personal judgment to try to override national policy implementation in social economic policies, new housing planning in areas with acute housing shortage, contribute personal effort in community projects, sitting on community committees, take glory and success, do talk but not the hard graft work, PPI, Libor, Paliamentary expenses, biscuits for the lady at Bath with nearly half a million in salary....
MSK.37 m ago

I don't expect to live that long the way the NHS is going, I will …I don't expect to live that long the way the NHS is going, I will probably have died of scurvy before I get there.


You don't need NHS for scurvy, eat fresh fruits and vegetables.
davewave1 h, 21 m ago

examples above in my post of those who through luck and hard work made it …examples above in my post of those who through luck and hard work made it to the top earners, many more examples at lower levels - its a comfortable excuse for failure, well the rich stay rich and the poor stay poor.


So thats 25 out of how many millions?
As I said before, whilst I would agree that some poor become rich and some rich become poor, generally if you are born into money then you will do well in life and if your are born into poverty then tough.
123thisisme1 m ago

So thats 25 out of how many millions? As I said before, whilst I would …So thats 25 out of how many millions? As I said before, whilst I would agree that some poor become rich and some rich become poor, generally if you are born into money then you will do well in life and if your are born into poverty then tough.


read again
many more examples at lower levels
davewave1 m ago

read againmany more examples at lower levels


But we are talking about the 1% that own most of the wealth.
davewave1 h, 45 m ago

The top 25 rags-to-riches entrepreneurs: Sir Philip Green, Mike Ashley and …The top 25 rags-to-riches entrepreneurs: Sir Philip Green, Mike Ashley and Sir Richard Branson top list of those who started with small sums but built business empires Many dream of starting a business with a small sum of money and turning it into a million-pound juggernaut. After all, every business has to start somewhere.And if you are looking for inspiration, there are plenty of British entrepreneurs who have built themselves into household names from relatively small amounts, according to a top 25 list compiled by Start Up Loans, a Government funded scheme to provide advice and business loans to new firms,Topping that league is Topshop guru Sir Philip Green, who started his business importing jeans from the Far East to sell to London retailers with £20,000.[Image] +11Small fortune: Philip Green started with £20,000 and is now worth nearly £4billion according to Start Up Loans. Pictured is his flagship Topshop store in Oxford Street, LondonFast forward to today and his estimated fortune is now £3.88billion ,as the owner of Arcadia Group, which encompasses high street chains such as Burton, Miss Selfridge and , of course Topshop.Making up the rest of the top three is Mike Ashley, owner of Sports Direct, who started with £10,000 and Sir Richard Branson, Virgin mogul, who started with just £300.Those who started with the least in the list are Lord Sugar, star of BBC's the Apprentice and Jon Hunt, founder of Foxtons estate agents – both began their business adventures with just £100 capital. Yasmina Siadatan, director of Start Up Loans, said: 'This list goes to show what can be achieved with very little start up capital and should act as an inspiration to the next generation of entrepreneurs.'There are a number of people out there with great business ideas but little access to finance. Start Up Loans aims to equip enterprising individuals with the tools needed to make their business a success.'According to Start Up Loans, the rags-to-riches list is based on identifiable wealth, using information available in the public domain.The list comprises of self-made millionaires, who started their business in the UK with the help of small financial investment and have gone on to achieve notable success in their sector, providing inspiration for would-be entrepreneurs.We reveal the top 25 below. Top 25 rags-to-riches entrepreneurs:[Image] +111. Sir Philip GreenEstimated fortune: £3.88billionSector: Fashion/retailStart up capital: £20,000Having initially set up his first business with a £20,000 loan, importing jeans from the Far East to sell on to retailers in London, Green went on to become the owner of the Arcadia Group, which owns well-known high street chains such as Burton, Dorothy Perkins, Evans, Miss Selfridge, Outfit, Topshop/Topman and Wallis.[Image] +112. Mike AshleyEstimate fortune: £3.75billionSector: Retail/sports equipment/fashionStart up capital: £10,000After leaving school at 16, he became a county-level squash coach. In the 1980s Ashley opened his first Sport & Ski shop in Maidenhead, before hitting the big time with Sports Direct which started from a £10,000 loan. It is now a presence across the UK's high streets.[Image] +113. Sir Richard BransonEstimated fortune: £3.6billionSector: Tourism/finance/mediaStart up capital: £300Branson epitomises the self-made entrepreneur. He started off creating a student magazine aged just 16, then in 1970, he founded a mail-order record company - within a year he had opened his first shop on London's Oxford Street – Virgin Records. Virgin has now become a brand which now covers everything from telecommunications to space tourism.4. Peter Hargreaves CBEEstimated fortune: £2.39billionSector: FinanceStart up capital: £500Hargreaves and his business partner Stephen Lansdown began their investment broker business Hargreaves Lansdown from a spare bedroom, with just £500 and their cars as company assets. In 2007, the company was floated on the London stock market valued at £800million. It is now valued at £4.5billion.5. John CaudwellEstimated fortune: £1.5billionSector: TelecomsStart up capital: £25,000In 1987, Caudwell became aware of a new technology – mobile phones. From humble beginnings on a factory production line in Stoke, and running a mail order shop in the Midlands to the UK's fastest growing company, Caudwell built up the Caudwell Group, which included mobile phone chain Phones4U before netting more than £1billon at its sale in 2006.[Image] +116. Sir Charles Dunstone Estimated fortune: £1.49billionSector: TelecomsStart up capital: £6,000Charles began selling mobile phones out of his flat and became Europe's largest independent mobile phone retailer from start up capital of £6,000 via his brand Carphone Warehouse. In July 2000 the company floated on the London Stock Exchange and based on an Issue price of 200p, the company was valued at approximately £1.7billion.7. Sir Anwar Pervez and familyEstimated fortune: £1.31billionSector: RetailStart up capital: £2,200 Born in Pakistan, the son of a poor farmer, he grew up in a village in Punjab and would walk eight miles to school and back every day. Former bus conductor Pervez built Bestway Cash and Carry and his £1.3billion fortune, from scratch.8. Chris DawsonEstimated fortune: £1.28billionSector: Retail/fashionStart up capital: £5,000Dawson, nicknamed, 'Plymouth's deluxe Del Boy' has shown selling goods from a suitcase can lead to big things, founding The Range (homeware) in 1988. His chain of discount stores made £88million profit in 2014. The group has more than 100 stores nationwide and is worth £1.23billon.9. Bernard Lewis and familyEstimated fortune: £1.25billionSector: Retail/fashionStart up capital: £25,000Having opened his first shop aged 20 selling fruit and vegetables in North London, a shop that has been described as being made from corrugated iron and old timber on a bomb site, Bernard Lewis became the entrepreneur behind the River Island fashion brand and clothing chain.[Image] +1110. Lord AshcroftEstimated fortune: £1.2billionSector: Business servicesStart up capital: £15,000Lord Ashcroft is an international businessman, philanthropist and politician. Started with a £15,000 bank loan, he sold his company just three years later for £1.3million. Ashcroft's fortune has since come from many sources including selling home security giant ADT, and in 2011, he sold The Priory clinics for £925millon.11. Richard DesmondEstimated fortune: £1.2billionSector: MediaStart up capital: £25,000This self-made media mogul is an English publisher and businessman, who used his entrepreneurial skills to build a media empire which started from a small base with a record shop, and now encompasses the Express Newspapers and various celebrity magazines, such as OK! and New!12. Lord Graham Kirkham and familyEstimated fortune: £1.15billionSector: Retail/furnitureStart up capital: £25,000Yorkshire Tory peer Lord Kirkham entered the billionaire league in 2010 when he sold his furniture company, DFS. Over 41 years, Kirkham grew the firm, which started above a snooker hall in the outskirts of Doncaster, to 79 stores, three factories and more than 2,600 staff. He is worth a reported £1.1billion.+1113. Jon HuntEstimated fortune: £1.07billionSector: Property/estate agencyStart up capital: £100Hunt's property career began at age 19 when he borrowed a £100 deposit to buy a one-bedroom conversion for £4,500. In 1981 Hunt, then aged 28, founded Foxtons with school friend Anthony Pelligrinelli, who put in £30,000 to fund the business in its first year.14. Sir Brian Souter and Ann GloagEstimated fortune: £1billionSector: TransportStart up capital: £12,000Sir Brian Souter and his sister Ann Gloag - a former bus conductor and former nurse - set-up Stagecoach, the international transport firm, in 1980 with just two vehicles, having spotted a gap in the market for intercity bus services.+1115. Lord SugarEstimated fortune: £900millionSector: Technology/propertyStart up capital: £100Having initially started selling car aerials and electrical goods out of a van which he had bought with his savings of £100, Lord Sugar has become one of Britain's best known entrepreneurs, founding Amstrad in 1968 which specialised in cut-price consumer electronic goods. He is a familiar fixture on television, starring in BBC's The Apprentice.16. Steve Morgan OBEEstimated fortune: £650millionSector: ConstructionStart up capital: £5,000Working as a site agent for Wellington Civil Engineering when the parent company decided it was to close, Morgan offered to take over the contract, borrowed £5,000 from his father and completed the contract at a profit. Aged just 21, Morgan registered his new company, Redrow, which now employs more than 1,300 people as one of the countries leading housebuilders.+1117. JK Rowling OBEEstimated fortune: £570millionSector: BooksStart up capital: £1,500While living on state welfare, Rowling was given a £1,500 advance from her publishers to write Harry Potter and the Philosopher's Stone in 1995. She was advised by her publishing company to get a day job as financial success for the book was slim.18. Melvyn MorrisEstimated fortune: £500millionSector: OnlineStart up capital: £5,000A self-made millionaire, Morris left school at 16 and started a handful of businesses including a Spanish property group and a dating agency. When uDate was sold in 2002, Morris established King, the British and Swedish games studio behind smartphone sensation Candy Crush.+1119. Tom Singh OBEEstimated fortune: £350millionSector: Retail/Cash and carryStart up capital: £5,000Singh initially founded New Look in 1969 following a £5,000 load from his parents. It has grown to become the third largest women's wear retailer in Britain behind Marks & Spencers and Next, and the second biggest women's footwear retailer with a chain of over 1,000 stores worldwide.20. Sukphal SinghEstimated fortune: £300millionSector: TransportStart up capital: £5,000A refugee from Idi Amin's Uganda, Sukphal borrowed £5,000 to start Euro Car Parts when he was just 18 after he spotted a gap in the market. He supplied parts for prestige German car brands such as BMW and Mercedes and landed a £225million fortune after selling the company to Chicago-based LKQ Corporation.21. Rita SharmaEstimated fortune: £100millionSector: TravelStart up capital: £4,000The richest female Asian entrepreneur in Britain, successful mother and CEO, the college dropout who built up her business from her garage. WorldWide Travels, her travel agency which focuses on bespoke solutions and its web arm, Bestattravel.com had sales of £100million this year.+1122. Charlie MullinsEstimated fortune: £100millionSector: PlumbingStart up capital: £25,000Charlie Mullins was Britain's first 'millionaire plumber'. Pimlico Plumbers was started in a basement of a London estate agent in 1979. It now employs 200 people and has an £18million turnover.23. Charlie BighamEstimated fortune: £100millionSector: FoodStart up capital: £25,000With £25,000 of savings, Charlie Bigham set up a firm using his name. It is a ready meal business which now employs 200 people across two sites and had sales in the last year of £26million.24. Sam and Dan HouserEstimated fortune: £80millionSector: Gaming/technologyStart up capital: £25,000The pair grew up near a video library in London watching American crime and cult films and Spaghetti Westerns. In 1998 the Houser brothers founded Rockstar Games and subsequently created Grand Theft Auto, one of the most successful video game franchises of all-time.25. Linda Bennett OBEEstimated fortune: £65millionSector: FashionStart up capital: £15,000Bennett started by first training herself at the Hackney's Cordwainers College and then went on to practice her trade. With a £15,000 bank loan, Linda Bennett set up her first shop which later became fashion giant LK Bennett making her £65million.



These role models are useful but no where as near to usefulness as that in using an intermediate stage, called a big middle class in small and medium businesses.
123thisisme19 m ago

So thats 25 out of how many millions? As I said before, whilst I would …So thats 25 out of how many millions? As I said before, whilst I would agree that some poor become rich and some rich become poor, generally if you are born into money then you will do well in life and if your are born into poverty then tough.


A silly billy approach, @davewave to use rags to riches stories , which are a tall order approach and statistically challenging, an approach that's inspirational but impractical and unrealistic to most with feet firmly on the ground. It is much more productive to encourage and to promote a large middle class in small and medium enterprises.
He is the armchair professional in large volume cut and paste and needs to use some brain juice in what he pastes.
Edited by: "splender" 13th Feb
123thisisme16 m ago

But we are talking about the 1% that own most of the wealth.


1% of the world's population is about ~72,500,000 of which you are probably one, or are you talking about the UK population?

You are complaining rich people have money and don't have to worry about pensions, well neither do the large majority of middle class people or anyone lower class that has handled their pensions well. Being upwardly mobile isn't going from lower class to a billionaire, if you are relying on state pension alone, something in your life isn't going right.
123thisisme17 m ago

But we are talking about the 1% that own most of the wealth.


1% salary is £688,228 = 21% of total UK wealth - think again.
Edited by: "davewave" 13th Feb
splender37 m ago

You don't need NHS for scurvy, eat fresh fruits and vegetables.


What with all the VAT on fresh fruit, I can't afford them splender. I'm lucky if I eat a rat once a fortnight. I already have rickets, from living below decks on the slave ship.
Edited by: "MSK." 13th Feb
davewave13 m ago

1% salary is £688,228


And thats just their salary, imagine how much they have if you include inherited wealth, land and property etc.
123thisisme3 m ago

And thats just their salary, imagine how much they have if you include …And thats just their salary, imagine how much they have if you include inherited wealth, land and property etc.


Oh dear, just imagine in your mind that some people are self-made.
Edited by: "davewave" 13th Feb
MSK.4 m ago

What with all the VAT on fresh fruit, I can't afford them splender. I'm …What with all the VAT on fresh fruit, I can't afford them splender. I'm lucky if I eat a rat once a fortnight. I already have rickets, from living below decks on the slave ship.


Rats! bloody luxury. When i was I lad we used to keep a dead rat so we could scrape the maggots off and eat them.
davewave1 m ago

Oh dear, just imagine in your mind that some people are self-made.


Yes Dave I know that.
catbeans42 m ago

1% of the world's population is about ~72,500,000 of which you are …1% of the world's population is about ~72,500,000 of which you are probably one, or are you talking about the UK population?You are complaining rich people have money and don't have to worry about pensions, well neither do the large majority of middle class people or anyone lower class that has handled their pensions well. Being upwardly mobile isn't going from lower class to a billionaire, if you are relying on state pension alone, something in your life isn't going right.


Utter tosh in the end of your sentence, "if you are relying on state pension alone, something in your life isn't going right." Though it is true in practical terms, a correct verbiage,

1."if you are not relying on state pension alone, something in your life is going right." or
2. "if you are relying on state pension alone, something in our national organised financial economics isn't going right."

let us revise on basic human civilisation's organisational behaviour and custom, and achievements,

The ancient system was that pensioner had relied on themselves, their siblings and relatives and the wider community.


With 10 GCSEs , 4 A Levels and university degrees driving mega advances in productivity and technology, we said collectively, our great British leaders had and continue to say, we could do much better than our fore-fathers. Give me part of your resources while you are working in your lifetime, then "the pot" will look after you and by the way, we have much more power to look after you compared to your stone-age ancestors, we have enormous productivity as we don't use stone as ploughs anymore, we have combine harvesters on auto-pilot , just saying..

Edit.
Critically, a person needs not much more food than his/her stone age ancestor to survive and no more in share of other' labour at old age.
Edited by: "splender" 13th Feb
123thisisme9 m ago

Rats! bloody luxury. When i was I lad we used to keep a dead rat so we …Rats! bloody luxury. When i was I lad we used to keep a dead rat so we could scrape the maggots off and eat them.


Maggot farming? That's ingenious! I could probably eat twice as often. Is there nothing the community of HUKD can't do? My aching bones thank you sir.
123thisisme2 h, 39 m ago

Not wrong!!! whilst I would agree that some poor become rich and some rich …Not wrong!!! whilst I would agree that some poor become rich and some rich become poor, generally if you are born into money then you will do well in life and if your are born into poverty then tough.


Of all the people i know that started from a poor family none of them ever became rich by moaning about how unfair their starting point was.
CoeK4 m ago

Of all the people i know that started from a poor family none of them ever …Of all the people i know that started from a poor family none of them ever became rich by moaning about how unfair their starting point was.


And..
Is your understanding a causation or a correlation?
splender2 m ago

And..Is your understanding a causation or a correlation?



A correlation obviously. Unless you seriously thought that i was saying complaining makes you poor?

Though an argument could be made for positive thinking and action rather than blaming others and giving up.
Edited by: "CoeK" 13th Feb
CoeK1 h, 2 m ago

A correlation obviously. Unless you seriously thought that i was saying …A correlation obviously. Unless you seriously thought that i was saying complaining makes you poor?Though an argument could be made for positive thinking and action rather than blaming others and giving up.


You can increase your chance a lot by positive thnking, however the establishment could be for or against your efforts, as you get richer, you can employ people who are experts about working the system.

there are rich people who complain how they couldn't be richer still and blame blah blah,but then their action is followed by a visit to an accountant, a lawyer, a management consultant..
Edited by: "splender" 13th Feb
splender4 m ago

You can increase your chance a lot by positive thnking, however the …You can increase your chance a lot by positive thnking, however the establishment could be for or against your efforts, as you get richer, you can employ people who are experts about working the system.there are rich people who complain how they couldn't be richer still and blame blah blah,but then their action is following by a visit to the accountant, lawyer management consultant..



I'm just happy to see people do something rather than moan about how unfair life is.
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