Alan Sugar net worth 2022: how rich is The Apprentice Lord, what is he worth and who is the richest person in the UK?

Lord Alan Sugar is one of 171 billionaires in the UK, but how rich is he and who is richer?

<p>Sir Alan Sugar flanked by fellow Apprentice judges Baroness Brady and Tim Campbell</p>

Sir Alan Sugar flanked by fellow Apprentice judges Baroness Brady and Tim Campbell

Lord Alan Sugar is best known for being the host of BBC competition series, The Apprentice.

According to the Sunday Times Rich List, Sugar became a billionaire in 2015.

Find out everything you need to know about the rich people of the UK, including Lord Alan Sugar, here.

Who is Alan Sugar?

Alan Sugar was born in Hackney, east London, in 1947 - he is now a British entrepreneur, media personality, author and politician.

His largest business venture is Amstrad - a consumer electronics company he started in 1968, when he was just 21.

Between 1991 and 2001, Sugar was the chairman and part-owner of Tottenham Hotspur.

However, in 2007 he shared his stake in the club for £25 million.

In the 2000 New Year Honours, Sugar was knighted for his services to business.

Later, Sugar was created a life peer as Baron Sugar of Clapton on 20 July 2009

He is most famed for being the big boss since 2005 on BBC reality show, The Apprentice. Last year, he took on the same role for The Celebrity Apprentice Australia.

However, he does not make any profit from hosting the show as he donates his money to Great Ormond Street Hospital.

Sugar married his wife Ann Simmons in 1968, and they have three children.

The Apprentice season 16 finale will air on 24 March

What is Alan Sugar’s net worth in 2022?

Lord Sugar is one of 171 billionaires in the UK - alongside Sir James Dyson and Her Majesty The Queen.

His estimated net worth is at £1.21billion, which makes him the 121st richest person in the UK.

Born in London’s East End, Sugar grew up in a council flat and his family struggled to make ends meet - a world away from the wealth he knows today.

Who is the richest person in the UK?

Sir James Ratcliffe - the founder, chairman and owner of Ineos has a net worth of $17.3 billion (£13.12 billion).

Ineos is a British chemicals company - the fourth largest chemical company in the world.

The 69-year-old has used his money to invest in the sports industry.

However, Sir Ratcliffe is only the 113th richest person in the world - with Elon Musk coming in first.

Musk is the co-founder and CEO of Tesla with a net worth of $223 billion (£169.18 billion) as of 28 February 2022.

What is The Apprentice?

The Apprentice is a BBC reality competition show, created by Mark Burnett.

14 to 18 business-minded people compete over the course of the season, and one person gets “fired” each episode.

The contestants work in teams to complete a series of business-related challenges, often choosing one member of the team to be a project manager - organising the rest of the team.

The two teams compete against each other, and over all one contestant is in with a chance to win a job with a six-figure salary, as an apprentice for Lord Sugar.

Sugar is assisted by two close business associates who act as observers in the boardroom.

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