Richard Allan Caring (born 4 June 1948) is a British businessman. He initially built a business, International Clothing Designs, supplying Hong Kong-manufactured fashion to UK retailers. After surviving the 2004 Indian Ocean earthquake, he diversified his business interest into restaurants and nightclubs and is the chairman of Caprice Holdings, which owns and runs The Ivy chain of restaurants. According to the Sunday Times Rich List in 2021, Caring's net worth is estimated to be £1.005 billion. Early life Caring was born on 4 June 1948, the middle child of three born to Louis Caringi, an Italian-American GI, stationed in London during World War II, and Sylvia Parnes, a Jewish-immigrant nurse who met him in the ambulance on his way to hospital, and cared for him during his recovery. After deciding to stay in London after the war, the couple married. Louis Caringi anglicized his surname to Caring, and set up in the clothing industry in offices off Great Portland Street; Louis Caring Originals sourced knitwear for retailers including Marks & Spencer. Caring's prowess at golf, playing off of scratch, resulted in him representing Middlesex at county level, and being accepted into Millfield School in Street, Somerset on a 10-shilling-a-week sporting scholarship. Career Clothing Caring left school aged 16 and joined a shopping centre development company as an office boy, before joining Louis Caring Originals, his father's dress manufacturing business that employed seven people: At that time, the family was in financial difficulties, which threatened losing their home. Caring and his then girlfriend made a range of mini-skirts that cost £2 to make, selling them for 69s 6d (£3.475 in decimalisation). With an initial target of 200 a week, after a few years they were selling 25,000 a week: In 1971 Caring first visited Hong Kong, where labour and materials were far cheaper than in Britain. Until this point, Hong Kong made basic clothing cheaply, such as underpants. Spending a year living out of a suitcase and resident in one hotel, Caring educated local manufacturers through producing the same garment over and over again to get the quality right. As a result, he became one of the first western high fashion buyers to develop localised Chinese relationships, and returned to the UK to sell the new high quality but cheaper garments to UK retailers. Forming International Clothing Designs (ICD) to exploit the new opportunity, Caring moved his family permanently to Hong