Keltbray chief joins Ray O'Rourke on Sunday Times richlist

Keltbray owner Brendan Kerr is a new entry to this year’s Sunday Times Rich List with an estimated fortune of £132m.

The annual ranking of the UK’s 1,000 wealthiest people puts Kerr, who joined the firm back in 1989 as a project manager, and his family at 878^th place.

Kerr (pictured) became managing director of the business in 1999 before taking up the chief executive’s role four years later. In its latest results, the specialist contractor said turnover was up 13% to £417.5m in the year to October 2017 with pre-tax profit flat at £23.3m.

Others to make this year’s list included Laing O’Rourke chairman Ray O’Rourke with an estimated fortune of £306m, James Wates and family with an estimated worth of £265m and Foster + Partners founder Norman Foster with a fortune of £170m.

Redrow founder Steve Morgan, a critic of Persimmon’s bonus scheme, saw his fortune tick up £111m last year to £942m but he is some way behind construction’s richest man, Bloor Homes founder John Bloor, who also owns Triumph motorcycles, who has an estimated fortune of £1.85bn.