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The self-made Yorkshire millionaire founded the Democracy Movement two months ago after a merger with the Referendum Party. The group is starting a full-scale anti-Euro campaign in January. Paul Sykes left the Conservative Party almost three years ago and says he has no political ambitions.
Son of a miner, he left school at 15 without qualifications. He got a job as a tyre fitter and aged 18 he started dismantling old buses and selling the engines as scrap to developing countries in the Far East. He went into the property business and his first big success was Sheffield's Meadowhall shopping complex. Paul Sykes is now worth an estimated £250m. In the 1997 General Election he pledged £500,000 to support the election campaigns of Eurosceptic Conservatives. The internet service, Planet Online, which he founded in 1995, made more than £45m from its sale in August. He remains an advisor to the company.
He has four children but has disinherited them because he says he wants them to make their own way in life.
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