Moreton named as top earner
Southern Cross Healthcare founder John Moreton appeared 21st in the recent Sunday Times list of BritainÂ¹s top 100 earners in the past year. Mr Moreton, who is estimated to have reaped Â£28.8 million in the year, appeared just below BritainÂ¹s world champion boxer Lennox Lewis and pop idol creator Simon Fuller who were joint 19th and just above author J K Rowling of Harry Potter fame. Mr Moreton built up Ascot based Southern Cross to be BritainÂ¹s third biggest operator of care homes before selling the company in August in a management buy-out for Â£80 million. Once Â£35 million of debt was stripped out, this left him with Â£28.8 from the Moreton familyÂ¹s 64 per cent stake in the company.