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Coffer given to first ragged individual makes them most wealthy (7)

Ross

I believe the answer is:

richest

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'most wealthy' is the definition.
('rich' can be similar in meaning to 'wealthy')

'coffer given to first ragged individual' is the wordplay.
'coffer' becomes 'chest' (I've seen this before).
'given to' is a charade indicator (letters next to each other).
'first ragged' becomes 'r' (1st letter of 'ragged').
'individual' becomes 'i' (Roman numeral for one).
'r'+'i'='ri'
'chest' after 'ri' is 'RICHEST'.

'makes them' is the link.
This may not be correct. Some or all of it may belong to another bit of the clue.

Can you help me to learn more?

(Other definitions for richest that I've seen before include "Most wealthy" , "Most productive" , "Most affluent and opulent" , "Least likely to be a beggar" , "Having the most, money say" .)

I've seen this clue in The Irish Times.
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