Britain's Top 100 Entrepreneurs 2014: No. 7 - John Roberts, AO World

The online retail entrepreneur is worth £300m.

by Philip Beresford

A former sales manager for a fitted-kitchen firm who left school with no qualifications, Roberts founded AO World in 1999 after a friend challenged him to set up a business. The Bolton-based online retailer of white goods, formerly known as, grew rapidly as a result of its keen pricing and the British love of home improvement. It floated in February with a whopping £1.2bn valuation. Shares have since fallen sharply but the company is still worth £808m. It has produced strong sales growth and now has 24% of the UK market for large domestic appliances. Father of five Roberts says he wants his children to have a 'normal life', so intends to leave the bulk of his fortune to charity.

Age: 41
Activity: Online retail
Wealth: £300m
Latest turnover: £385m
Five-year rise in turnover: 203%
No. of employees: 1193
Five-year rise in employment: 202%
Score: 47

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