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| With RAB Capital profits set to surge in 2005 to £25m, Richards, 45, a former Merrill Lynch banker, can look forward to a hefty bonus from the hedge fund he co-founded in 1999 with Michael Alen-Buckley (qv), another former Merrill Lynch man. In the past five years funds under management have grown from £4m to £1.5 billion. Richards’s stake is now worth £87.5m. Other assets take him to £95m. | ||||||||||||||||
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