British discount retailers Simon, Bobby and Robin Arora have an estimated net worth of $2.7 bllion (£1,750m) according to the Sunday Times Rich List. Former Manchester Grammar School pupil Simon is a Cambridge law graduate who decided to go into business with his brother Bobby. They formed Orient Sourcing Services, which designed, sourced and distributed homeware and soft furnishings, selling it for £30m in 2000. They were joined by another brother, Robin, and transformed the Merseyside-based B&M Retail before selling a 60% stake in 2012 which was valued at £965m. The retail company B&M floated in 2014 and is worth £2.9 billion. Share sales raised £480m for the brothers, whose remaining 27% stake is worth £770m. The company was founded by Malcolm Billington with the first store in Blackpool in 1978 and was acquired by the brothers Simon and Bobby Arora. Simon is the company’s CEO.