Sunday, May 07, 2017

The Rich List

 The UK's richest 1,000 people's " wealth rose by 14% over the past year to a record £658bn, The Sunday Times Rich List shows. It now takes assets of £110m to break into the ranks of the richest 1,000 people in the UK. The figure in 2016 was £103m. The top 20 in the list alone are worth a total of £191.77bn, increasing their wealth by £35.18bn over the past 12 months.
Brothers Sri and Gopi Hinduja, who invest in property, healthcare and oil and gas, top this year's list with £16.2bn - up £3.2bn on 2016.
Others on the list include:
  • The Duke of Westminster - 26-year-old Hugh Grosvenor - is the only British-born billionaire in the top 10. He became the world's richest under-30 when he inherited the family estate last year
  • Alisher Usmanov, who owns 30% of Arsenal Football Club, added more than £4bn to his £11.79bn fortune
  • Sir James Dyson, who last year became the first self-made Briton to break the £5bn barrier, this year increased his wealth to £7.8bn
  • The list includes a record number of British billionaires - 134 - with 14 ones emerging over the last 12 months. List compiler Robert Watts said a revived stock market had been behind the surge in wealth for the super-rich.

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