Rich List 2006
BRITAIN IRELAND SCOTLAND YOUNG PEOPLE WOMEN
Michael Alen-Buckley
RESULTS 2006 Ranking Worth Industry
609= £95m Finance
Alen-Buckley, 48, co-founded the London-based hedge fund RAB Capital in 1999 with Philip Richards (qv). In six years the funds under management rose from £4m to £1.5billion, and the former Merrill Lynch bankers floated their company on AIM in 2004. Rising profits at RAB should trigger hefty bonuses this year. Alen-Buckley, son-in-law of Lord Forte (qv), has a stake worth £87.5m. Other assets and a share sale last year take him to £95m after tax.
RESULTS 2005 Ranking 607= Worth 2005: £80m