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| Roddie Fleming and family |
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| RESULTS 2005 |
Ranking |
Worth |
Industry |
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20 |
£1,500m |
Finance |
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| Fleming, 51, does not like the ban on hunting, judging by the £100,000 he has donated to the Countryside Alliance, plus a £75,000 loan. But these sums are a fraction of the family fortune, which dates back to 1873 when what became the Robert Fleming merchant bank was established in Dundee. Fleming, the last family member to chair the bank, sold it to Chase Manhattan in 2000 for £4.88 billion. The Fleming family received £1.46 billion, half in cash and the rest in Chase shares, and set up Fleming Family & Partners to act as a wealth management business, valued at about £36m. Among its most successful investments has been Highland Gold, a Russian gold mining company quoted on the London stock exchange. Fleming Family & Partners has a stake worth about £60m in it. With other large investments, the family should easily be worth £1,500m. |
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| RESULTS 2004 |
Ranking |
28 |
Worth |
2004: £1,138m |
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