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Who’s the richest in Wales?

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richmanSUCCESSFUL internet investments have made Sir Michael Moritz the richest person in Wales, according to The Sunday Times Rich List 2014. He is one of two Welsh billionaires included in this year’s Sunday Times Rich List, which is published in a special 116-page edition of The Sunday Times Magazine on May 18. 

Raised in Cardiff but now an American citizen, Moritz is the leading partner at Sequoia Capital, an American venture capital firm. Two key internet flotations of recent years made his name. First, an £8m stake taken in the early days of Google turned into $6.3billion after it was floated; and, second, Moritz repeated the trick with LinkedIn, where an initial investment of £2.85m rose to £912m at the time of its 2011 float. In the past year, Moritz’s wealth has soared by 50% (or £563m) to stand at £1.688billion. With his novelist wife Harriet Heyman he has recently given £18.2m to the University of California, San Francisco, to fund biomedical research PhD programmes. Sir Terry Matthews remains in second place on the Welsh Rich List and is the principality’s only other billionaire, this year worth £1,190m, a gain of £68m in the past 12 months. Best known in Wales for bringing the Ryder Cup to the country in 2010, hosted at his Celtic Manor Resort, near Newport, Matthews, 70, made his fortune in Canada, picking up £1billion from the sale of his Newbridge Networks computing business. He wants to build a convention centre at Celtic Manor and, through his Celtic House International company, invests in high-tech start-up businesses. Douglas Perkins, with his wife Dame Mary, head a Specsavers empire that now extends to 1,650 stores worldwide. Their son, John, is managing director of the operation, but the Guernsey-based couple has overseen huge expansion of the business. They both studied optometry at Cardiff University before opening an opticians in Bristol in the 1960s. They made £2m from an initial 23 outlets, which were sold in 1980. Specsavers was founded three years later and has grown rapidly since to record a turnover of £1.8billion in 2012-13. The 26th annual Sunday Times Rich List – the definitive guide to wealth in Britain and Ireland – is published on May 18 in a special 116-page issue of The Sunday Times Magazine, which profiles the 1,000 richest individuals and families in the UK and the wealthiest 250 in Ireland. The list is based on identifiable wealth, including land, property, other assets such as art and racehorses, or significant shares in publicly quoted companies. It excludes bank accounts, to which the paper has no access. The Sunday Times Rich List 2014 is compiled by Philip Beresford, the leading authority on British wealth, and edited by Ian Coxon. Information from The Sunday Times Rich List.

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Police warn motorists after thefts from cars in Haverfordwest

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‘LOCK your car’ drivers are warned, following a two-day spate of thefts in Haverfordwest.

Eight thefts were reported between January 13 and 14, from unlocked cars parked across the town.

Officers are advising people to double check they have locked their cars, and to remove valuables from vehicles overnight.

Among the stolen items was over £1,000 in cash, a laptop, a number of bank cards, a Stihl chainsaw, worth £700, and beauty products worth around £650. Many items have since been recovered.

Two men, aged 20, have been arrested on suspicion of theft from a motor vehicle, and a third man, aged 19, on suspicion of handling stolen goods, in connection to the thefts. All three have been released under investigation while enquiries continue.

Anyone with information is asked to contact Dyfed-Powys Police either by calling 101. If you are Deaf, hard of hearing or speech impaired text the non-emergency number on 07811 311 908.

Quote reference: DPP/0030/14/01/2020/01/C

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Milford Haven: Police appeal after hair salon burgled

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POLICE in Milford Haven are investigating a burglary at Cut-Away Hair Salon, Priory Street, which occurred at approx. 3am on Thursday (Jan 16).

Around £200 in cash has been stolen, some of which was donations intended for a local charity.

Officers are keen to speak to anyone with information which could help the investigation, and in particular, anyone in the Priory Street area who has CCTV.

T/Sergeant for Milford Haven, Haydon Mathias, said: “Burglaries to small, local businesses like this cause distress and disrupt both the owner and the wider community. Rest assured we are doing all we can to identify the suspect and bring swift justice for the victim.”

Business owners are being advised to take appropriate steps to secure their properties:

“Don’t leave large sums of money in the premises overnight, and install CCTV– affordable cameras are readily available online.

“Specialist officers are able to provide crime prevention advice to any business with concerns about the security of their property, whether you have been a victim of crime or not.” Sgt. Mathias continued.

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Milford Haven: Appeal for information after museum windows smashed

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MILFORD HAVEN MUSEUM is asking for help after vandals struck around midnight, January 15.

The museum, based on The Docks, posted on Facebook saying: “Last night at around midnight three youths thought it would be funny to throw a traffic cone at one of the windows at the museum, breaking two panes of glass.
“If anyone saw anything please let PC Baxter 856 know by calling 101.”

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