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Home furnishings tycoon becomes Leicestershire's first billionaire

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A businessman who once sold curtains on a market stall has become Leicestershire's first-ever billionaire. Bill Adderley, who founded homeware chain Dunelm at Leicester market, has seen his wealth soar by £390 million to £1.1 billion over the past 12 months, according to the Sunday Times Rich List. Mr Adderley and his family, who live near Uppingham, Rutland, own a 59 per cent stake in the Syston-based retailer. The 65-year-old founded the business with his wife Jean in 1979 when they lived in Coalville after leaving his job as manager of Woolworths in the town. He is life president of Dunelm, while his son Will is executive deputy chairman. A surge in the value of the business has seen the family retain position as the richest in the East Midlands. The Adderleys are worth double the amount of the next Leicestershire person on the rich list. Freddie Linnett and the Murphy family, the leading shareholder of property developer Charles Street Holdings, of Thurmaston, is worth £550 million, a valuation which has not changed from last year. John Bloor, owner of Hinckley-based Triumph Motorcycles and Measham housebuilder Bloor Homes, is worth £525 million after seeing his value rise by £114 million since last year. Sir David Samworth and family, owner of Melton-based pork pie and ready meal maker Samworth Brothers, is valued at £490 million, a figure which is unchanged from 12 months ago. Construction tycoon David Wilson, founder of David Wilson Homes and chairman of Davidsons Group, of Ibstock, saw his wealth climb by £40 million to £405 million, according to the rich list. The 25th annual Sunday Times Rich List will be published this Sunday.

Home furnishings tycoon becomes Leicestershire's first billionaire


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