BusinessCompany NewsWylie among UK’s richest

Wylie among UK's richest

Graham Wylie, the co-founder of Newcastle-based accountancy software giant Sage, is one of the UK's richest men, following the annual Sunday Times survey.

Link: Wylie in controversial share sale

According to the 2004 Sunday Times Rich List, Wylie is worth £175m, making him the joint 233rd richest man in the UK, in a list headed by Chelsea Football club owner Roman Abramovich (£7.5bn).

Wylie, who was managing director of Sage until stepping down last May, sold a 5% stake in the company for a total of £116.3m.

He still maintains a stake in the company worth £75m.

Sage remains the only technology company in the FTSE100.

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