Roberts is the chief executive of internet retailer Appliances Online (or AO.com as it’s now known). The Bolton-based company, which employs about 1,000 people, made its stock market debut on 26 February 2014 with a £1.2billion valuation and an initial share price of 285p.
The listing saw Roberts take home a £86million fortune from selling part of his stake in the business while the soaring share price (398p by midday on the first day of trading) leaves him with a paper fortune of more than £480 million from his remaining 28.6% stake.
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