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| 'Rich List' counts more than 100 UK billionaires | 'Rich List' counts more than 100 UK billionaires |
| (about 9 hours later) | |
| 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. | 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. | 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. | 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. | 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. | 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. | 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. | The Duke of Westminster is the richest Briton with around £8.5bn, leaving him 10th. |
| Rising fortunes | Rising fortunes |
| The number of billionaires living in the UK has jumped from 88 in 2013, according to the Sunday Times. | 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. | 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. | 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. | 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. | 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. |
| The wealthiest new entry is Carrie and Francois Perenco and their family, who own the London-based Perenco oil and gas operation and are worth an estimated £6.14bn. | The wealthiest new entry is Carrie and Francois Perenco and their family, who own the London-based Perenco oil and gas operation and are worth an estimated £6.14bn. |
| Philip Beresford, who compiles the list, told the BBC "culture, financial services, nice tax regime, good education for their kids and a nice lifestyle where they meet their friends" were among the reasons billionaires were attracted to the UK. | |
| Other notable figures on the list include Chelsea Football Club owner Roman Abramovich (£8.52bn), Sports Direct owner Mike Ashley (£3.75bn) and Virgin Group founder Sir Richard Branson (£3.6bn). | Other notable figures on the list include Chelsea Football Club owner Roman Abramovich (£8.52bn), Sports Direct owner Mike Ashley (£3.75bn) and Virgin Group founder Sir Richard Branson (£3.6bn). |
| Plymouth-born Chris Dawson, who owns and runs The Range discount store chain, saw his fortune rise by £695m in the past 12 months to net £1.28bn. | |
| The full Sunday Times Rich List is published on 18 May. | The full Sunday Times Rich List is published on 18 May. |
| Top 25 | Top 25 |