In this year's Insider Media Rich List for Yorkshire, many of the individuals making the most money have self-made backgrounds, often starting from modest beginnings.
For instance, Paul Sykes, who developed Meadowhall, left school without any qualifications. Similarly, Steve Parkin was a coal miner before he founded the logistics company Clipper.
Graham Kirkham, adopted as a baby, didn't do well in school and couldn't become an RAF pilot. So instead, he entered the furniture industry and made a fortune with the sofa retailer DFS.
Some of these successful individuals also continue to work well into their later years, like Malcolm Healey, who launched Wren Kitchens in his mid-60s.
Wren Kitchens generated £1.1 billion in revenue last year, and now employs over 7,100 people, creating numerous jobs in the region.
Wren also made a significant contribution to the economy, paying over £17 million in corporation tax and an additional £20 million in employers' National Insurance last year, along with millions more in various other taxes.
As we round out 2024, here are the richest people in the region and how they made their success.
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9. Paul (left) and Johnny (right) Caddick, 74 and 43 (£515m)
The Caddicks’ Moda Living has continued to press ahead with developments around the UK and moving strongly into student homes with plans to create 10,000 units by 2033. Miner’s son Paul Caddick still chairs the Leeds-based group and his son Johnny oversees Moda. Turnover at the Caddick Group grew by 17% to £575m in 2023. The Caddicks also have most of the shares in Leeds Rhinos rugby league club and own the sports grounds at Headingley | NationalWorld
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10. Steve Parkin, 63 (£509m)
Parkin now pours much of his energies into horseracing. He has two studs and his Bronte Collection syndicate has attracted investors including the England cricket star Jonny Bairstow. Parkin made his money from Clipper, the Leeds based logistics giant he began as a “man with a van”. He banked £139m from the £1bn sale two years ago. There was a good run of share sales and other payouts in earlier years | NationalWorld
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11. Jon and Susie Seaton, 41 and 43 (£490m)
Their Sheffield-based Twinkl has continued to grow its turnover since a private equity deal last year valued the business at £500m. The Seatons started the teacher aid business at their home in 2010. Susie had been working in a children’s nursery and had found information hard to find. Twinkl now offers more than a million educational resources | NationalWorld
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12. Lawrence Tomlinson, 60 (£464m)
Tomlinson’s LNT Group aims to have built its 300th care home by 2026. He started the developer after taking over a care home run by his parents when he was 23. The Leeds based firm made profits of £60m last year and should be worth the £450m net assets sitting on the balance sheet on one of its largest subsidiary. Passionate about motorsport, Tomlinson also owns the Ginetta racing car manufacturer | Yorkshire Post Newspapers