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PRIVACY
Economic Development

Rich List 2017: No.=37 - Terry Lister and family

Co-founder of Lister car dealership has seen his fortune grow by £5 million while his Rich List ranking has dropped two places

Terry Lister(Image: John Hipkiss)

Food
2017: No.=37 - £125m
2016: No.35 - £120m

Terry Lister co-founded the Listers car dealership in Coventry with business partner Keith Bradshaw in 1979.

Thirty-seven years later it is England’s largest independent dealer group.

The Stratford-upon-Avon-based company makes good profits, turns over more than £1 billion a year and is worth at least £250 million.

The company made a profit of £21.5 million in 2016. The Lister family stake is worth around £110 million

The motor group saw increased trading, boosted by its expanding portfolio of dealerships across the Midlands, East Anglia and the north of England.

It was listed 48th in the latest Sunday Times Top Track 100 list of growing companies in the º£½ÇÊÓÆµ.

The biggest contribution to the increase in sales volumes comes from the group’s Audi, Mercedes-Benz and Volkswagen divisions, although the Volkswagen emissions scandal may put a dent in sales volumes of the VW marque.