Britain's Top 100 Entrepreneurs 2014: No. 12 - Chris and Chris Edwards, Poundworld

The discount retail entrepreneurs are worth £200m.

by Philip Beresford

Discount retailer Poundworld now has over 242 stores nationwide and plans to open a further 150 stores by 2017. The West Yorkshire-based business was started in 1974 as a stall in Wakefield market selling household goods. Sales soared in 2013-14 to £345m with profits coming in at £5m. The business run and owned by the Edwards family, led by father and son team Chris and Chris junior, is now worth £200m when valued against quoted rival Poundland.

Ages: 64 and 32
Activity: Discount retail
Wealth: £200m
Latest turnover: £345m
Five-year rise in turnover: 267%
No. of employees: 4475
Five-year rise in employment: 193%
Score: 59

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