 Under the terms of the deal, which valued the Manchester scheme at £1.6 billion, his company, Peel, took shares in CSC worth £636m and he joined its board as deputy chairman.In 2010, his wealth doubled from £1.01 billion to £2.07 billion, mainly thanks to the £1.65 billion sale of the Trafford Centre.In 2011, Peel bid to increase its approximately 30% stake in the Pinewood Studios Group to 100% through a bid against fellow billionaire, Mohamed Al Fayed.