The Hurun Research Institute recently released the Hurun UK Under40s List, revealing 110 of the UK’s leading entrepreneurs aged 40 or under with businesses worth a combined value of £82 billion. The Under 40s were celebrated at an awards gala in London on 10th March.
Between them, the Under 40s have created more than 60,500 jobs and 40% of the entrepreneurs listed have founded a unicorn – a business worth at least $1 billion.
Financial Services was the best-represented part of the economy, accounting for 25% of the 110 entries, including the most valuable company on the list, digital money management service Revolut. There were also strong representation for the Software and Services sector (21%), as well as the Consumer Goods sector (12%).
The Capital dominated the report, with seventy-nine of the 110 entries – more than 70% – owing their place in the research to a London-based business. This was an even greater proportion than Hurun’s recent UK Under 30 and Under 35 lists, where 66% and 48% of the entries stemmed from the capital retrospectively.
The Communication Group plc supported Hurun with a tailored media campaign to announce the Hurun UK Under40s List, securing coverage in Forbes, Start Ups Magazine and Business Matters.
