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Ann Gloag named on Sunday Times Rich List 2015

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Mrs Gloag, who closed Manston airport, shares a fortune worth more than £1 billion

Businesswoman Ann Gloag, who closed Manston airport last May has been named on the Sunday Times Rich List.

In 2015 list, published yesterday, Mrs Gloag, who retains a minority stake in the Manston site, was said to share a £1.04 billion fortune with her brother Sir Brian Souter.

The pair founded transport empire Stagecoach in 1980, which now controls 16 per cent of the UK bus market and 25 per cent of the rail market.

Mrs Gloag, who is considered to be Scotland’s richest woman, purchased Manston in November 2013 for a nominal £1, before announcing the airport was set to close the following April.

The 72-year-old sold a share of the business to Discovery Park chiefs Chris Musgrave and Trevor Cartner in September 2014. The new consortium is planning a £1 billion, mixed-use redevelopment of the site, which they say will create 4,000 jobs. There have been efforts to revive Manston airport since its closure was announced.

US firm RiverOak want to acquire the site and reopen the airfield by entering into a partnership with Thanet council for a Compulsory Purchase Order (CPO). The company were rejected by the council as suitable partners in December, but a review into the decision, ordered by the Department for Transport, is being carried out by consultants PwC.

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