Richard Caring Net Worth, Relationships, Age/Birthdate & Birthday

Richard Allan Caring — A Billionaire Restaurateur’s Ascendance, Empire & Private Life

The Rag-Trader’s Son Who Built a Dining Empire

Born on June 4, 1948, Richard Caring began life in Finchley, North London — the son of a post-war dressmaker and a former U.S. soldier turned tailor.  At 16 he dropped out of formal education to help in a shopping-centre development firm, then joined his father’s garment business.  Rather than follow a conventional trajectory, he spotted opportunity in outsourcing — founding International Clothing Designs (ICD) in the 1970s, sourcing inexpensive manufacturing from Hong Kong while supplying British retailers. 

ICD flourished. By the 1980s and 1990s, it became a powerhouse supplier, with clients including high-street giants.Having amassed substantial wealth from the fashion supply business, Caring began shifting his focus — eyeing property, real estate, and eventually hospitality.

What followed was a metamorphosis: from textile merchant to influential architect of London’s elite dining and club scene.

Crafting London’s Fine Dining Scene — Restaurant After Restaurant

The defining turn in Caring’s saga came in 2005, when he acquired Caprice Holdings. That move brought under his control storied restaurants like The Ivy, Le Caprice, and J Sheekey. 

He didn’t stop there. In the years that followed, he acquired the glamorously exclusive club holdings of the Birley Group — including Annabel's, Harry's Bar, Mark's Club, and others.

Beyond the elite clubs, Caring expanded into more accessible dining formats. He backed casual-dining brands such as Bill's — a chain of cafés/bars which, as of late 2024, continued to grow under his backing.

Caring’s strategy was clear: to turn exclusive, high-society dining into a diversified empire — blending high-end glamour with mass-market reach. This duality cemented his reputation as the “King of Mayfair,” a power broker behind London’s velvet-rope elite.

Wealth Built on Lifestyle — Net Worth and Assets

Over decades of strategic investment, Caring has amassed substantial wealth. According to the Sunday Times Rich List (2021), his net worth was estimated at around £1.005 billion.

Other sources translate that into roughly US $1.05 billion, reflecting income from fashion, real estate, restaurants, and hospitality. 

His holdings go far beyond cash and stock. They reportedly include a private jet (a Bombardier Global Express), the luxury motor yacht Silver Angel, and multiple high-end London properties, including residences in Hampstead and St John’s Wood.

Recent developments suggest Caring may be reconfiguring this empire. In 2024 and 2025, he has reportedly engaged in talks to sell the core of his restaurant business — the Troia (UK) Restaurants holding that controls The Ivy Collection — in a deal valued at around £1 billion.

If completed, the sale would represent one of the most significant exits in the luxury-dining industry in recent years — even as he retains control over other flagship venues like Sexy Fish, Annabel’s and his private-member clubs.

Beyond Business Deals — Personal Life, Family, and Survivor’s Fortitude

Caring’s personal life has drawn as much attention as his business moves. He married his first wife, Jackie, in 1971; together they had two sons.That marriage ended in 2016 in what was widely reported as “Britain’s biggest divorce,” with Caring reportedly facing a large payout.

After the divorce, Caring began a relationship with Brazilian model-turned-restaurateur Patricia Mondinni.  The couple married in March 2018.  Together they have multiple children (a son and daughters).

Caring has endured more than business turbulence. In December 2004, during a family dive holiday in the Maldives, the 2004 Indian Ocean tsunami swept past — he and his sons survived, having felt only a slight “blip” while under water.  The shock of the event reportedly deepened his philanthropic instincts: he donated £1 million to tsunami relief. 

Despite immense wealth and a private lifestyle, Caring’s circle remains influential: friendships with other business heavyweights and a presence in both high society and discreet investment channels mark him as a man who moves in power circles with ease. 

The Legacy and What Lies Ahead: A Titanic Shift in Hospitality

Richard Caring’s transformation of London’s dining and club landscape is nothing short of historic. From a humble beginning in garments to controlling some of the most exclusive venues in the capital — restaurants, private clubs, nightlife haunts — his vision reshaped how luxury hospitality is packaged, scaled, and consumed.

That said, the attempted sale of The Ivy Collection signifies a strategic pivot. If the deal closes, it may mark the beginning of a new chapter — perhaps one where Caring moves from operator to strategist, re-investing or redeploying capital across other ventures or geographies.

Regardless, his influence remains. By blending old-school glamour (the private-members’ club mystique) with modern branding and expansion, Caring showed that exclusivity and enterprise can not only coexist — but thrive. His journey underscores the power of adaptability, timing, and bold decisions.

Note on Sources & Privacy: All details — including net worth at last official estimate, personal relationships, birthdate, and recent business moves — have been drawn from credible public-domain sources. Because public coverage of wealthy individuals’ private lives can vary in accuracy, even well-sourced facts should be understood as subject to change.