Rich List 2005
BRITAIN IRELAND SCOTLAND YOUNG PEOPLE WOMEN
James Dyson
RESULTS 2005 Ranking Worth Industry
39 £1,050m Household appliances
Cleaning up in the American market has pushed Dyson, 57, to billionaire status. A little over two years since the vacuum cleaner king entered the US market, he claims to have overtaken Hoover with his dual-cyclone model. Cameo appearances of its products on TV sitcoms such as Will and Grace and Friends have helped the Dyson to become a must-have product. During New York fashion week, the designer Tara Subkoff had her models wheel them down the catwalk. Profits at James Dyson Ltd more than doubled to £103m on sales of £426m in 2004. This has vindicated his move to switch production from Wiltshire to Malaysia three years ago. We value the business at £1 billion and other wealth adds £50m.
RESULTS 2004 Ranking 36= Worth 2004: £800m
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