She is modest, hard working and now extremely wealthy.
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Last Updated: May 22, 2011
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Dame Mary Perkins, 67, the co-founder of the optician chain Specsavers,is the UK's first self-made woman billionaire.
She is the country's sixth-richest woman, with £1.15 billion (Dh6.85bn). Dame Mary shares that fortune with her husband Douglas, 68, with whom she started Specsavers in 1984, revolutionising the spectacles industry by selling fashionable frames at affordable prices.
Today they have more than 1,000 stores in 10 countries and a 30 per cent market share in the UK.
And yet for all the trappings, away from business she shuns the limelight and the high life, loving nothing more than choral singing and a walk in the countryside.
Dame Mary is one of 105 women who have made it on to the latest Rich List, compiled by The Sunday Times, which ranks the UK's 1,000 wealthiest people.
This is the first time women have passed the 10 per cent mark on the list. Seven of the 105 women are billionaires.
The UK's super rich have certainly rebounded from the recession, with their wealth increasing 18 per cent in the past year.
There are now 73 billionaires with a total fortune estimated at £395.8bn, equal to more than a third of the national debt.
The number is up from 53 in 2009 but a shade under the 75 in the pre-recession boom of 2008. The £155bn wiped from their collective wealth in the recession of 2009 must now be a distant memory, even as the rest of the country and the economy are still struggling to recover.
The Rich List, compiled by Philip Beresford, is based on identifiable wealth - land, property, assets such as art, or significant shares in publicly quoted companies, and excludes bank accounts. Among the 73 billionaires, 40 were born in the UK.
Xiuli Hawken, 48, is among those whose fortune has thrived since she first came to the UK from China to study English 20 years ago.
Married to a London teacher, she is the highest new entry on the list (seventh) with £1.06bn, wealth that has come from converting China's underground air-raid shelters into underground shopping centres.
The 105 extremely wealthywomen have a combined wealth of £45.23bn, led by Kirsty Bertarelli (£6.87bn), a former Miss UK, former songwriter for the band All Saints and wife of Ernesto Bertarelli, who made his money in the pharmaceuticals industry.
Other women to make it to the list include: JK Rowling, the author of the Harry Potter books; the actress Emma Watson who stars in the Harry Potter films; Tamara Mellon, the co-founder of the Jimmy Choo brand; and Queen Elizabeth II, with a personal fortune estimated at £300 million.
For all of the criticism it receives, London's dubious reputation as the "divorce capital of the world" also contributes to the super-rich women rankings, thanks to a number of high-profile divorces that resulted in favourable settlements for the wives. Ten women have become millionaires from divorce, according to the list.
They include Slavica Ecclestone, the former wife of the Formula One chief executive Bernie Ecclestone. She is now the 10th richest woman in the UK after an amicable divorce in 2009 puts her worth at £734m. Much of Mr Ecclestone's fortune was tied up in trusts in the former Croatian model's name.
Roman Abramovich's wife Irina is now worth £155m, according to the list, thanks in part to her £12m estate in the southern English county of Sussex, part of her divorce proceeds.
But with a fortune of £10bn, putting him third on the UK's rich list, it is but a drop in the ocean for Mr Abramovich, the owner of Chelsea Football Club.
His countryman, the Russian tycoon Boris Berezovsky has also put his wife Galina on the richest women list after their divorce in London last year.
She is said to be worth £80m and still lives in the capital.
For all their increased wealth, however, UK's women remain well short of the list's frontrunner, the steel magnate Lakshmi Mittal.
Despite the falls in ArcelorMittal's share price, which shrank his wealth by £5bn in the past year, he remains the UK's richest man for the seventh year running, with a fortune of £17.5bn.
But as Dame Mary has often been quoted as saying: "There is only a certain amount you can spend, isn't there?"
business@thenational.ae
Factfile on Garbine Muguruza:
Name: Garbine Muguruza (ESP)
World ranking: 15 (will rise to 5 on Monday)
Date of birth: October 8, 1993
Place of birth: Caracas, Venezuela
Place of residence: Geneva, Switzerland
Height: 6ft (1.82m)
Career singles titles: 4
Grand Slam titles: 2 (French Open 2016, Wimbledon 2017)
Career prize money: $13,928,719
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What is graphene?
Graphene is a single layer of carbon atoms arranged like honeycomb.
It was discovered in 2004, when Russian-born Manchester scientists Andrei Geim and Kostya Novoselov were "playing about" with sticky tape and graphite - the material used as "lead" in pencils.
Placing the tape on the graphite and peeling it, they managed to rip off thin flakes of carbon. In the beginning they got flakes consisting of many layers of graphene. But as they repeated the process many times, the flakes got thinner.
By separating the graphite fragments repeatedly, they managed to create flakes that were just one atom thick. Their experiment had led to graphene being isolated for the very first time.
At the time, many believed it was impossible for such thin crystalline materials to be stable. But examined under a microscope, the material remained stable, and when tested was found to have incredible properties.
It is many times times stronger than steel, yet incredibly lightweight and flexible. It is electrically and thermally conductive but also transparent. The world's first 2D material, it is one million times thinner than the diameter of a single human hair.
But the 'sticky tape' method would not work on an industrial scale. Since then, scientists have been working on manufacturing graphene, to make use of its incredible properties.
In 2010, Geim and Novoselov were awarded the Nobel Prize for Physics. Their discovery meant physicists could study a new class of two-dimensional materials with unique properties.
What should do investors do now?
What does the S&P 500's new all-time high mean for the average investor?
Should I be euphoric?
No. It's fine to be pleased about hearty returns on your investments. But it's not a good idea to tie your emotions closely to the ups and downs of the stock market. You'll get tired fast. This market moment comes on the heels of last year's nosedive. And it's not the first or last time the stock market will make a dramatic move.
So what happened?
It's more about what happened last year. Many of the concerns that triggered that plunge towards the end of last have largely been quelled. The US and China are slowly moving toward a trade agreement. The Federal Reserve has indicated it likely will not raise rates at all in 2019 after seven recent increases. And those changes, along with some strong earnings reports and broader healthy economic indicators, have fueled some optimism in stock markets.
"The panic in the fourth quarter was based mostly on fears," says Brent Schutte, chief investment strategist for Northwestern Mutual Wealth Management Company. "The fundamentals have mostly held up, while the fears have gone away and the fears were based mostly on emotion."
Should I buy? Should I sell?
Maybe. It depends on what your long-term investment plan is. The best advice is usually the same no matter the day — determine your financial goals, make a plan to reach them and stick to it.
"I would encourage (investors) not to overreact to highs, just as I would encourage them not to overreact to the lows of December," Mr Schutte says.
All the same, there are some situations in which you should consider taking action. If you think you can't live through another low like last year, the time to get out is now. If the balance of assets in your portfolio is out of whack thanks to the rise of the stock market, make adjustments. And if you need your money in the next five to 10 years, it shouldn't be in stocks anyhow. But for most people, it's also a good time to just leave things be.
Resist the urge to abandon the diversification of your portfolio, Mr Schutte cautions. It may be tempting to shed other investments that aren't performing as well, such as some international stocks, but diversification is designed to help steady your performance over time.
Will the rally last?
No one knows for sure. But David Bailin, chief investment officer at Citi Private Bank, expects the US market could move up 5 per cent to 7 per cent more over the next nine to 12 months, provided the Fed doesn't raise rates and earnings growth exceeds current expectations. We are in a late cycle market, a period when US equities have historically done very well, but volatility also rises, he says.
"This phase can last six months to several years, but it's important clients remain invested and not try to prematurely position for a contraction of the market," Mr Bailin says. "Doing so would risk missing out on important portfolio returns."
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The Equaliser 2
Director Antoine Fuqua
Starring: Denzel Washington, Bill Pullman, Melissa Leo, Ashton Sanders
Three stars
Apple product price list
iPad Pro
11" - $799 (64GB)
12.9" - $999 (64GB)
MacBook Air
$1,199
Mac Mini
$799