‘Rich List’ counts more than 100 UK billionaires

‘Rich List’ counts more than 100 UK billionaires

‘Rich List’ counts more than 100 UK billionaires

Written by News 1st

11 May, 2014 | 5:35 pm

Pictured above: The Hinduja brothers, Sri and Gopi Hinduja.

The number of billionaires living in the UK has risen to more than 100 for the first time, according to the 2014 Sunday Times Rich List.

There are now 104 billionaires based in the UK with a combined wealth of more than £301bn, the list says. That means the UK has more billionaires per head of population than any other country.

London has more billionaires than any other city in the world with 72 – far ahead of nearest rival Moscow with 48. The Indian-born brothers Sri and Gopie Hinduja – who run the conglomerate Hinduja Group – top the list with a fortune of £11.9bn.

Arsenal shareholder and Russian business magnate Alisher Usmanov fell to second after his estimated fortune dropped to £10.65bn.

The Duke of Westminster is the richest Briton with around £8.5bn, leaving him 10th.

Richard Branson

The number of billionaires living in the UK has jumped from 88 in 2013, according to the Sunday Times.

Their combined wealth has also reportedly shot up from £245bn last year.

It is the first time since 2008 that the minimum wealth of the 50 richest people in the UK has exceeded £1.5bn.

A fortune of £1.7bn is now required to make the top 50 – up from £700m 10 years ago.

New members of the list include West End producer Sir Cameron Mackintosh, who is now worth £1bn, and Jon Hunt, the founder of estate agents Foxtons who is worth £1.07bn.

Top 25

  1. Sri and Gopi Hinduja, £11.9bn, up £1.3bn
  2. Alisher Usmanov, £10.65bn, down £2.65bn
  3. Lakshmi Mittal and family, £10.25bn, up £250m
  4. Len Blavatnik, £10bn, down £1bn
  5. Ernesto and Kirsty Bertarelli, £9.75bn, up £2.35bn
  6. John Fredriksen and family, £9.25bn, up £450m
  7. David and Simon Reuben, £9bn, up £719m
  8. Kirsten and Jorn Rausing, £8.8bn, up £3.69bn
  9. Roman Abramovich, £8.52bn, down £780m
  10. The Duke of Westminster, £8.5bn, up £700m
  11. Galen, Hilary and George Weston and family, £7.3bn, up £650m
  12. Charlene de Carvalho-Heineken and Michel de Carvalho, £6.36bn, down £635m
  13. Mohamed Bin Issa Al Jaber and family, £6.16bn, up £1.65bn
  14. Carrie and Francois Perrodo and family, £6.14bn, new
  15. German Khan, £6.08bn, new
  16. Sir David and Sir Frederick Barclay, £6bn, up £3.65bn
  17. Hans Rausing and family £5.9bn, up £1.18bn
  18. Nicky Oppenheimer and family, £4.57bn, up £785m
  19. Earl Cadogan and family, £4.2bn, up £525m
  20. Joseph Lau and family, £4.03bn, down £570m
  21. Sir Philip and Lady Green £3.88bn, no change
  22. Denis O’Brien, £3.85bn, up £486m
  23. Mike Ashley, £3.75bn, up £1.45bn
  24. Sir Richard Branson and family, £3.6bn, up £86m
  25. Idan Ofer, £3.43bn, new

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