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| UK super-rich 'hit in downturn' | UK super-rich 'hit in downturn' |
| (20 minutes later) | |
| The UK's super-rich have seen their wealth fall in the past year during the economic downturn, according to this year's Sunday Times Rich List. | The UK's super-rich have seen their wealth fall in the past year during the economic downturn, according to this year's Sunday Times Rich List. |
| The top 1,000 richest people in the country now have £258bn between them, it estimates - down from last year's record of £413bn. | The top 1,000 richest people in the country now have £258bn between them, it estimates - down from last year's record of £413bn. |
| Over the past 12 months the number of billionaires has fallen from 75 to 43. | Over the past 12 months the number of billionaires has fallen from 75 to 43. |
| Indian steel tycoon Lakshmi Mittal, and family, are top again with £10.8bn, down a huge 61% from 2008. | Indian steel tycoon Lakshmi Mittal, and family, are top again with £10.8bn, down a huge 61% from 2008. |
| 'None immune' | |
| "Never in the 21-year history of the Rich List has the collective affluence of those who live and work in Britain fallen by so much," says BBC business correspondent Joe Lynam. | |
| "The super-rich may be better placed to weather the worst recession in 30 years, but if this list is accurate it shows that none are immune from it." | |
| RICH LIST TOP 10 1. Lakshmi Mittal and family, steel (£10.88bn)2. Roman Abramovich, oil and industry (£7bn)3. The Duke of Westminster, property (£6.5bn)4. Ernesto and Kirsty Bertarelli, pharmaceuticals (£5bn)5. Hans Rausing and family, packaging (£4bn)6. Sir Philip and Lady Green, retailing (£3.83bn)7. Charlene and Michel de Carvalho, inheritance, brewing and banking (£2.96bn) 8. Sammy and Eyal Ofer, shipping and property(£2.68bn)9 = John Fredriksen, shipping (£2.5bn)9 = David and Simon Reuben, property (£2.5bn)9 = Kirsten and Jorn Rausing, inheritance and investment(£2.5bn)9 = Joe Lewis, foreign exchange and investment(£2.5bn) | RICH LIST TOP 10 1. Lakshmi Mittal and family, steel (£10.88bn)2. Roman Abramovich, oil and industry (£7bn)3. The Duke of Westminster, property (£6.5bn)4. Ernesto and Kirsty Bertarelli, pharmaceuticals (£5bn)5. Hans Rausing and family, packaging (£4bn)6. Sir Philip and Lady Green, retailing (£3.83bn)7. Charlene and Michel de Carvalho, inheritance, brewing and banking (£2.96bn) 8. Sammy and Eyal Ofer, shipping and property(£2.68bn)9 = John Fredriksen, shipping (£2.5bn)9 = David and Simon Reuben, property (£2.5bn)9 = Kirsten and Jorn Rausing, inheritance and investment(£2.5bn)9 = Joe Lewis, foreign exchange and investment(£2.5bn) |
| Russian oligarch and Chelsea football club owner Roman Abramovich is at second place again, although his pot of cash has fallen by 40%, to £7bn from £11.7bn. | Russian oligarch and Chelsea football club owner Roman Abramovich is at second place again, although his pot of cash has fallen by 40%, to £7bn from £11.7bn. |
| Meanwhile across London, fellow Russian billionaire and Arsenal shareholder Alisher Usmanov has seen his fortune drop a massive 74% to £1.5bn. | Meanwhile across London, fellow Russian billionaire and Arsenal shareholder Alisher Usmanov has seen his fortune drop a massive 74% to £1.5bn. |
| Completing the bad news for football-related businessmen is Newcastle United owner Mike Ashley, who saw his wealth fall by a half from last year, down from £1.4bn to £700m. | Completing the bad news for football-related businessmen is Newcastle United owner Mike Ashley, who saw his wealth fall by a half from last year, down from £1.4bn to £700m. |
| Other well-known names have been hit, according to the list. | |
| Virgin boss Sir Richard Branson is reported to have lost 56% of his wealth, shedding £1.5bn and is now worth £1.2bn. | |
| Meanwhile, Formula 1 motor racing chief Bernie Ecclestone lost £934m, leaving him at £1.46bn, the list reported. | |
| The richest British-born billionaire is the land and property owning Duke of Westminster, who has seen his wealth shrink to £6.5bn from £7bn. | The richest British-born billionaire is the land and property owning Duke of Westminster, who has seen his wealth shrink to £6.5bn from £7bn. |
| Cheap pound | |
| In fourth spot are Ernesto and Kirsty Bertarelli: the former Miss UK winner and her husband have a £5.6bn fortune based on pharmaceuticals. | In fourth spot are Ernesto and Kirsty Bertarelli: the former Miss UK winner and her husband have a £5.6bn fortune based on pharmaceuticals. |
| Their fortune has shrunk by a relatively modest 12% over the year. | Their fortune has shrunk by a relatively modest 12% over the year. |
| But it is not all gloom - the former boss of supermarket chain Morrisons, Sir Ken Morrison, has seen his fortune increase by 11%, making him worth £1.6bn. | But it is not all gloom - the former boss of supermarket chain Morrisons, Sir Ken Morrison, has seen his fortune increase by 11%, making him worth £1.6bn. |
| The wealth of Peter and Denise Coates, owners of Stoke-based online sports betting website Bet365, has gone up by 33%, to £400m. | |
| And Harrods boss Mohammed al-Fayed has benefited from a cheap pound - his fortune stands at £650m, up 17% on last year. |