Hinduja brothers top United Kingdom rich list again

Cornelia Mascio
Mag 15, 2019

A family of Indian brothers emerged Sunday as topping Britain's rich list with a family fortune of 28.6 billion US dollars, according to the annual wealth survey published by the Sunday Times.

Second-placed property and internet brothers David and Simon Reuben, both born in Mumbai, saw their wealth rise by 4.64 billion dollars to 24.26 billion dollars.

The family were one of only two to make their fortune from oil in the Scottish top 20 list, alongside Highland Spring owner Mahdi al-Tajir in fifth place, who also has interests in the energy sector. The calculations do not include the amount contained in people's bank accounts.

The Rajasthan-born steel magnate logged an estimated fortune worth £10.66 billion past year as he gets set to take control of his first steel plant in India with a purchase from Essar Steel. In total, Ratcliffe's wealth came to £18.15bn this year.

Inventor Sir James Dyson - who campaigned for Brexit and has announced he would be relocating his company headquarters to Singapore - comes in at fifth on the list, up from 12th a year ago.

PewDiePie (real name Felix Arvid Ulf Kjellberg), who is famed for his gaming commentary on YouTube, is the joint 36th richest person in Britain with property mogul Abe Simpson, with a net worth of £23m.

Meanwhile, Sir Philip Green and his wife Tina are placed at 156th on the list, down from 66th past year.

The combined wealth of Britain's billionaires has reached £524.84bn, up from £480.45bn previous year, a 9.2 per cent rise.

Sir Philip's company, The Arcadia Group, has been coping with a pensions deficit. It takes £120m to make the richest 1,000, another record and a rise from £115m past year. One of the lists rank the richest aristocrats in the United Kingdom - which total 38 people and their families. "But numerous rich are nursing big losses after a year of turbulence on the stock market and political deadlock in Westminster", writes Robert Watts, the compiler of the list. The group produces whiskey including Grant's, Glenfiddich and The Balvenie, as well as Hendrick's gin.

And Cardiff-born venture capitalist Sir Michael Moritz remains Wales' richest person with a £3bn fortune.

Rory McIlroy came in sixth, thanks to his successful career in golf, while footballer Gareth Bale came in seventh.

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