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Schroder again leads industry rich

The family at the helm of the UK&#39s last big independent fund manager have once again topped the financial services&#39 presence in the Sunday Times 2002 Rich List.

Bruno Schroder and family dropped to 12th place from sixth place last year and saw their fortune fall to £1.3bn from £1.75bn in 2001 but were still placed higher than any other financial services personality.

Next on the list was Rothschild Asset Management chairman Sir Evelyn de Rothschild and family in 56th place with £500m, down by five places from 51st last year but with the same fortune.

New Star Asset Management chairman John Duffield came in at 137th place with a £250m fortune and retired Merrill Lynch director Carol Galley was listed at 432nd with £80m.

Duffield&#39s former right-hand man John Robinson got a £50m payout when Jupiter was sold to Commerzbank, placing him in 720th place with a total of £52m.

Chase De Vere Investments founder and majority owner Mike Edge made £50m when he sold the company to Bristol & West in 2000, putting him in 751st place.

Rounding off the financial services presence on the survey was sub-prime lender Kensington Mortgage Company co-founder and non-executive director Martin Finegold, who was 951st with £37m.

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