Britain's Top 100 Entrepreneurs 2014: No. 57 - Tim Steiner, Ocado

The online retail entrepreneur is worth £90m.

by Philip Beresford
Last Updated: 03 Feb 2015

Ocado, the Hemel Hempstead-based online grocer, was set up in 2000 by a trio of former Goldman Sachs bankers including chief executive Tim Steiner. It floated on the stock market in 2010 valued at £937m. After a difficult start, the shares bounced up and down but soared following a deal with Morrisons, the Yorkshire supermarket group. Ocado is now worth £1.77 billion. 

Age: 44
Activity: Online food retail
Wealth: £90m
Latest turnover: £792m
Five-year rise in turnover: 97%
No. of employees: 5742
Five-year rise in employment: 64%
Score: 159

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