£100 million bank boss Rich Ricci has been accused of being ‘out of touch’ after entering race horse Fatcatinthehat into the Cheltenham Festival. The Barclays investment banker, who always wears his signature trilby while racing, cashed in £9.7 million of shares bonuses last year, earned £44 million of pay and perks in 2010 and is set to pocket up to £6 million in deferred shares bonuses this year. Labour have accused the 49-year-old of being ‘out of touch’ with the plight of ordinary, hardworking people after choosing such an insensitive name. Labour MP John Mann said: ‘It’s an insult to every taxpayer and small business in the country. And it shows just how out of touch these bankers are.’ [...] Ricci and his wife of 12 years Susannah, 49, have reared 30 horses with champion trainer Willie Mullins, winning £588,125 in prize money this season alone. They have entered a total of eleven horses to the meeting which starts tomorrow. He is famous for his trademark trilby and extroverted choice of tailoring when he appears at the races. Fat cat in the hat won his last race and is 12-1 third favourite to win Wednesday’s Fred Winter Juvenile Hurdle for a £75,000 prize. [DM]

Comments (15)

  1. Posted by Shaz's Inner Thought | March 11, 2013 at 3:19 PM

    Fatdickinthepooper

  2. Posted by Texashedge | March 11, 2013 at 3:19 PM

    "Ricci and his wife of 12 years Susannah, 49, have reared 30 horses with champion trainer Willie Mullins, winning £588,125 in prize money this season alone."

    That's a lot of hamburgers

  3. Posted by Shaz's Inner Thought | March 11, 2013 at 3:22 PM

    neigh

  4. Posted by VonSloneker | March 11, 2013 at 3:23 PM

    …say nothing of his family dog, a "dollarmation."

  5. Posted by Walter Noel | March 11, 2013 at 3:24 PM

    I've got to think they adopted at least some of them, no way they're all hers.

  6. Posted by PermaGuestII | March 11, 2013 at 3:34 PM

    His extroverted tailor doesn't seem very good at fitting trousers.

    I suggest he name his next horse John, Lord Prescott.

  7. Posted by Texashedge | March 11, 2013 at 3:38 PM

    He should get himself some bonobos

  8. Posted by B. H. Obama | March 11, 2013 at 3:42 PM

    Yeah, rich fat-cat banker, but think of all the jobs he's created shoveling hay, and shit, and grooming, and hot-walking the horses. Probably like 6 million!

  9. Posted by Warby Parker VP | March 11, 2013 at 4:09 PM

    What about us?

  10. Posted by Guest | March 11, 2013 at 4:28 PM

    Oh, I don't know about that – Ricci's a splendid fellow, just last week when we rode the hunt together, he was telling me how important it was to keep a good relationship with the help.

    - L. Grantham

  11. Posted by VonSloneker | March 11, 2013 at 5:45 PM

    Keep that ponce away from Mary!

    - The Ghost of Matthew Crawley

  12. Posted by Guest | March 11, 2013 at 6:17 PM

    "That's why I'm richer than you!"

  13. Posted by Not funny | March 11, 2013 at 6:41 PM

    Also given a pass on bestiality…I don't care if he let a champion trainer join in or how long he has been with his wife "rearing" is unacceptable.

  14. Posted by Matthew B. | March 11, 2013 at 8:02 PM

    HEY!

  15. Posted by FB discussion | March 11, 2013 at 8:27 PM

    This guy is just hoping to be the perfect match for the FB COO in 'wife swap wallstreet'