Vocational Rich List 2007

No. 4 Sir Terry Matthews

Welshman engineers fortune with investments

No. 4 on the Vocational Rich List: Sir Terry MatthewsSir Terry has been making money from technology since taking an engineering apprenticeship at the Post Office research department at the tender age of 15.

With a personal fortune of £1 billion, the Welsh tycoon originally made his fortune in Canada with telecom company Mitel and then, more significantly, with Newbridge Networks. It floated in 1989 and was sold to French telecom giant Alcatel in 2000 for £4.4 billion.

With roughly £140m invested in Celtic Manor resort, Sir Terry has a raft of other investments in both Britain and Canada through his Wesley Clover investment operation, which has backed 52 companies since 1972.

If you fancy emulating the success of Welsh wizard Sir Terry, find out more about engineering here.

To read how former brickie Trevor Hemmings made his money, click here.

No. 4 Sir Terry Matthews

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Sir Terry Matthews features at number four on the City & Guilds Vocational Rich List. Find out how he got there. A-Search:All Audiences [UK], gen