British Pearl backer Lord Fink on Sunday Times Rich List with £160m fortune
British Pearl backer Lord Fink has maintained a place on this year’s Sunday Times Rich List, with a fortune of £160m.
Fink (pictured), was ranked at number 763 on this year’s list, down from 731 on last year’s list despite no change in his wealth.
He led a £7m fundraise to help launch the peer-to-peer property lending platform in 2018.
He was recently named chairman of another of his fintech investments, Open Banking start-up Bud.
The Tory peer, known as the “godfather of hedge funds”, built Man Group into a FTSE 100 giant and had a £50m stake when he left in 2007.
Read more: British Pearl backer Lord Fink joins modular homes company board
British Pearl announced last month that it has put its current property portfolio up for sale to preserve values as part of its ordinary exit strategy. It has tasked online agent Vesta Property with selling the portfolio.
No peer-to-peer lending founders made the Rich List, but there were a few names from the wider fintech sector.
Monzo co-founders Tom Blomfield and Peter Rippon both made the list, as did Revolut founder Nikolay Storonsky.
Blomfield was ranked 858 with a fortune of £140m; Rippon at 982 with £120m; and Storonsky at 361 with estimated wealth of £363m.
