Robin Arora, 28, who runs Liverpool-based discount home store B&M Bargains with his older brothers Simon and Bobby, topped the Sunday Times' Young Rich List, despite sharing his £1.1bn fortune with his brothers.
The brothers, who have more than doubled their combined fortune in a year, from £487m to £1.1bn, are named as the sixth richest people in the North West of England in the Sunday Times Rich List, climbing seven places since last year. Nationally, the Arora brothers scored 73rd, up from 183 last year.
B&M isn't the only discount retailer whose owners scored high in this year's list, TJ Morris (trading as Home Bargains) owner Tom Morris rose from eighth to fourth in the North West, and scored 62nd overall, climbing from 136, with assets valued at £1.2bn.
The calculations are based on identifiable wealth, including land, property, other assets and shares in publicly quoted companies. The full list will be published this Sunday (April 21).