Credit Cruch Hits Ashley Bad - Fortune Halved!
The Toon chief was worth £1.6bn in FourFourTwo magazine's poll last year and sat in fifth place.
But the Geordie Hoodoo of bad luck has hit him hard.
We've won bugger all since 1955 (if you discount the Fairs Cup, which is no more) and the Buckinghamshire-born Ashley suddenly knows what it is like to be a Geordie.
Although I don't know too many Geordies with £800m.
THE RICH LIST:
1 Sheikh Mansour bin Zayed Al Nahyan (Man City) £15bn
2 Lakshmi Mittal and family (QPR) £12.5bn
3 Roman Abramovich (Chelsea) £7bn
4 Joe Lewis (Tottenham) £2.5bn
5 Bernie and Slavica Ecclestone (QPR) £2.4bn
6 Stanley Kroenke (Arsenal) £2.245bn
7 Alisher Usmanov (Arsenal) £1.5bn
8= Lord Grantchester & the Moores Family (Everton) £1.2bn
8= Dermot Desmond (Celtic) £1.2bn
10= Lord Ashcroft (Watford) £1.1bn
10= Malcolm Glazer and family (Man Utd) £1.1bn
12 Simon Keswick (Cheltenham) £966m
13 Trevor Hemmings (Preston) £900m
14 Mike Ashley (Newcastle) £800m
15 Randy Lerner (Aston Villa) £750m
16 Tom Hicks (Liverpool) £700m
17 The Walker Family (Blackburn) £660m
18 Mohammed Al Fayed (Fulham) £650m
19 Sir David Murray (Rangers) £600m
20 Steve Morgan (Wolves) £400m