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Thomas Schreiber, 35, knifed Sir Richard Sutton, 83, five times in the chest, jurors were told. Armed police who smashed their way into the tycoon’s Dorset mansion on April 7 found him motionless and covered in blood.

Schreiber’s mother Anne, 65, was barely conscious with wounds to her face and back.

Paramedics saved her but she suffered life-changing injuries.

Winchester Crown Court heard police caught Schreiber hours later after a car chase and a “hard stop” in London.

Adam Feest QC, prosecuting, said officers searching an annexe to the mansion where he lived found two knives.

One was in a sink and had Sir Richard’s blood on it, and the other bore traces of his mother’s blood, it was said.

Schreiber had fantasised for months about killing the couple and was “consumed with hatred” for them, Mr Feest said.

In a text about a month before the killings, he allegedly told a friend: “They really hurt me, betrayed me and destroyed all trust. I contemplate murdering them all morning, day and night. I want them to suffer.”

The pandemic had forced Schreiber to live in the annexe at Moorhill, the couple’s £2million home at Higher Langham near Gillingham, Dorset, it was said.

Mr Feest said Schreiber’s feelings of resentment had built up over several years.

They led him to “repeatedly consider revenge and violence against his ‘toxic’ and ‘gold-digging’ mother, and Sir Richard, a man he told a friend he couldn’t stand”.

Sir Richard was listed at number 435 in the Sunday Times Rich List last year, with an estimated family fortune of £301million.

His company owned London hotels the Sheraton Grand Park Lane and the Athenaeum, plus three smaller venues.

He had a property and farming portfolio, including the 6,500- acre Benham Estate in west Berkshire and the Stainton Estate in Lincolnshire.

Ms Schreiber, a Danish-born physiotherapist, has two other grown-up children.

Schreiber denies murdering Sir Richard but admits manslaughter. He denies the attempted murder of his mother.

The trial continues.

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