THE district's wealthiest resident has dropped four places on the Sunday Times Rich List, published today (Sunday).

Alan Sugar, 64, the host of The Apprentice, who runs the Amshold Group from Langston Road in Debden and lives in Chigwell, was number 89 on the list of Britain's richest 1,000.

He was valued at £770 million on this year's list - £40 million more than last year.

According to the list's author, Philip Beresford, profits at Amshold rose from £4.3 million in 2009 to £8.3 million in 2010.

Another Epping Forest great who made the list is rocker Rod Stewart, 66, who lives on the Copped Hall estate in Epping, who was listed at 629 with a reported fortune of £115 million, £10 million more than last year.

The singer released the latest album in his Great American Songbook series, Fly Me to the Moon, last year and his eighth child, Aiden, was born in February.

Ten per cent of the entries on this year's Rich List were women – the highest proportion ever.

The wealthiest woman on the list was Specsavers boss Dame Mary Perkins, with her husband Douglas and family, at number 56.

Topping this year's list was steel magnate Lakshmi Mittal, with a fortune of £17,514 million.