Successful North East entrepreneur, Bob Young, will be among six leading international figures to receive an honorary degree from Durham University in July.
The entrepreneurial founder of the Hargreaves group of companies has praised the contributions his businesses have made to the regional and national economy.
Young, who is to receive an Honorary Master of Arts, also established a scholarship programme at the university, which supports students from County Durham who are unable to secure funding for their education.
Tony and Barbara Laithwaite, founders and owners of home delivery wine company, Laithwaite’s Wine, will also receive an honorary Doctor of Civil Law.
The couple met while they were both students at Durham University in the 1960s and are major benefactors to its Institute of Hazard, Risk and Resilience, which studies risks relevant to people’s everyday lives throughout the world, such as earthquakes, volcanoes and landslides.
Professor Chris Higgins, vice-chancellor and warden of Durham University, said: “All of our honorary degree recipients have made outstanding contributions in their chosen fields. They all have strong links to Durham and some are alumni of the University.
“They are role models for our students in terms of what can be achieved with drive, determination and skill.”