A Carmarthenshire man has been named as one of the eight richest people in Wales in the Sunday Times’ latest rich list.
Llanelli-born Douglas Perkins and family came in fourth on the rich list.
The 78-year-old set up Specsavers with his wife Dame Mary Perkins, 77, in Guernsey.
The firm is now a partnership of almost 2,000 locally run businesses providing optical and hearing care in ten countries.
Douglas Perkins has seen the biggest decrease in Welsh wealth in the last year with his £1.2 billion fortune down by £600m, following a revaluation by the Rich List compilers based on new information about the localised ownership of the Specsavers high street store estate.
There were gross profits of £182.6 million for the main public operation in 2019-20.
Douglas Perkins with his wife Dame Mary Perkins Picture: Specsavers
According to the new edition of The Sunday Times Rich List Sir Michael Moritz is the richest person in Wales.
Sir Michael is one of six billionaires in the Welsh Rich List, who are among a record-breaking total of 171 billionaires in the UK recorded this year, up 24 from 2020, a year-on-year increase that is also a record.
The new edition of The Sunday Times Rich List can be viewed here and in the print edition of the newspaper on Sunday, May 23.
The 76-page special edition of The Sunday Times Magazine reveals the wealth of the 250 richest people in Britain in its 33rd annual edition.
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