Mike Ashley net worth — Sunday Times Rich List 2023

Investing in Sports Direct and expanding his high-street empire has proved a direct hit

The Sunday Times
In March, Mike Ashley completed the near-£50 million acquisition of a basket of 15 brands previously owned by JD Sports
In March, Mike Ashley completed the near-£50 million acquisition of a basket of 15 brands previously owned by JD Sports
JOE GIDDENS/PA WIRE

What is Mike Ashley’s net worth?
▲ £3.84 billion
£2.995 billion in 2022

Where does his money come from?
Sports equipment and fashion: Frasers Group

Where does he rank on the Rich List?
▲ 49
59 in 2022

The day-to-day running of Mike Ashley’s retail empire may now be carried out by his son-in-law Mike Murray, a former nightclub promoter, but the hard-drinking retailer continues to defy the rules of retail by buying and saving high-street names and unloved fashion brands.

Ashley, 58, has increased his control of Frasers Group, the stock market-listed operation that includes Sports Direct, House of Fraser, Game, Jack Wills, Evans Cycles, Slazenger, Lillywhites and a host of other high-street names and leisure brands. He now owns 70 per cent