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Billionaire Britain: UK home to more than 100 billionaires | |
(35 minutes later) | |
The UK has more billionaires per head of population than anywhere else in the world, according to the new Sunday Times Rich List for 2014. | The UK has more billionaires per head of population than anywhere else in the world, according to the new Sunday Times Rich List for 2014. |
In the list that will be published next Sunday, it found that the number of billionaires in Britain had topped 100 for the first time ever. | In the list that will be published next Sunday, it found that the number of billionaires in Britain had topped 100 for the first time ever. |
In total, the list discovered that there were 104 billionaires based in the UK, a rise of 26 when compared with The Sunday Times’s 2013 list. | |
Of the 104 billionaires, London is a home to 72 of them – the highest than any other city in the world. | Of the 104 billionaires, London is a home to 72 of them – the highest than any other city in the world. |
Explaining why London was so attractive to the super rich the Rich List author Phillip Beresford said: “London is the financial centre of the world, it straddles time zones so people can get the best financial advice trade, the tax regime is good and they feel safe here.” | Explaining why London was so attractive to the super rich the Rich List author Phillip Beresford said: “London is the financial centre of the world, it straddles time zones so people can get the best financial advice trade, the tax regime is good and they feel safe here.” |
Despite the financial crisis, London seems to be thriving and its reputation as a centre of business, finance and culture has attracted a number of wealthy foreign business people. | Despite the financial crisis, London seems to be thriving and its reputation as a centre of business, finance and culture has attracted a number of wealthy foreign business people. |
Of the lists’ top ten richest billionaires nine of them were not originally from the UK. | Of the lists’ top ten richest billionaires nine of them were not originally from the UK. |
This group includes Britain’s new richest men, the Hinduja brothers, whose Hinduja Group conglomerate makes them worth a whopping 11.9bn, as well as last year’s richest man Russian business magnate Alisher Usmanov and Chelsea owner Roman Abramovich. | This group includes Britain’s new richest men, the Hinduja brothers, whose Hinduja Group conglomerate makes them worth a whopping 11.9bn, as well as last year’s richest man Russian business magnate Alisher Usmanov and Chelsea owner Roman Abramovich. |
Beresford did say that although the top places on the list were dominated by foreign businessmen, during their research the rich list authors had seen a lot more new British born entrepreneurs becoming billionaires. | Beresford did say that although the top places on the list were dominated by foreign businessmen, during their research the rich list authors had seen a lot more new British born entrepreneurs becoming billionaires. |
He said: “There are new British billionaires coming on and that is important because they are the ones that create the jobs for all of us.” | He said: “There are new British billionaires coming on and that is important because they are the ones that create the jobs for all of us.” |
Adding: “We want to encourage people like this to get richer, because it makes us richer by giving us jobs.” | Adding: “We want to encourage people like this to get richer, because it makes us richer by giving us jobs.” |
The Duke of Westminster who has a property portfolio of around £8.5billion was the highest ranking Brit on the list, followed by SportsDirect owner Mike Ashley whose worth grew to £3.7bn over the last year and Virgin entrepreneur Richard Branson who with his is currently the owner of a business worth 3.6bn. | The Duke of Westminster who has a property portfolio of around £8.5billion was the highest ranking Brit on the list, followed by SportsDirect owner Mike Ashley whose worth grew to £3.7bn over the last year and Virgin entrepreneur Richard Branson who with his is currently the owner of a business worth 3.6bn. |
This year seems to have been a good year for Britain’s billionaires, with their combined worth rising from the £245 bn it was measured at last year to a staggering £301bn this year. | This year seems to have been a good year for Britain’s billionaires, with their combined worth rising from the £245 bn it was measured at last year to a staggering £301bn this year. |
To put that combined total into perspective, Ireland’s total GDP is around £125 billion. | To put that combined total into perspective, Ireland’s total GDP is around £125 billion. |
Britain's 25 richest | Britain's 25 richest |
Sri and Gopi Hinduja, £11.9bn | Sri and Gopi Hinduja, £11.9bn |
Alisher Usmanov, £10.65bn | Alisher Usmanov, £10.65bn |
Lakshmi Mittal and family, £10.25bn | Lakshmi Mittal and family, £10.25bn |
Len Blavatnik, £10bn | Len Blavatnik, £10bn |
Ernesto and Kirsty Bertarelli, £9.75bn | Ernesto and Kirsty Bertarelli, £9.75bn |
John Fredriksen and family, £9.25bn | John Fredriksen and family, £9.25bn |
David and Simon Reuben, £9bn | David and Simon Reuben, £9bn |
Kirsten and Jorn Rausing, £8.8bn | Kirsten and Jorn Rausing, £8.8bn |
Roman Abramovich, £8.52bn | Roman Abramovich, £8.52bn |
The Duke of Westminster, £8.5bn | The Duke of Westminster, £8.5bn |
Galen, Hilary and George Weston and family, £7.3bn | Galen, Hilary and George Weston and family, £7.3bn |
Charlene de Carvalho-Heineken and Michel de Carvalho, £6.36bn | Charlene de Carvalho-Heineken and Michel de Carvalho, £6.36bn |
Mohamed Bin Issa Al Jaber and family, £6.16bn | Mohamed Bin Issa Al Jaber and family, £6.16bn |
Carrie and Francois Perrodo and family, £6.14bn | Carrie and Francois Perrodo and family, £6.14bn |
German Khan, £6.08bn, | German Khan, £6.08bn, |
Sir David and Sir Frederick Barclay, £6bn | Sir David and Sir Frederick Barclay, £6bn |
Hans Rausing and family £5.9bn | Hans Rausing and family £5.9bn |
Nicky Oppenheimer and family, £4.57bn | Nicky Oppenheimer and family, £4.57bn |
Earl Cadogan and family, £4.2bn | Earl Cadogan and family, £4.2bn |
Joseph Lau and family, £4.03bn | Joseph Lau and family, £4.03bn |
Sir Philip and Lady Green £3.88bn | Sir Philip and Lady Green £3.88bn |
Denis O'Brien, £3.85bn | Denis O'Brien, £3.85bn |
Mike Ashley, £3.75bn | Mike Ashley, £3.75bn |
Sir Richard Branson and family, £3.6bn | Sir Richard Branson and family, £3.6bn |
Idan Ofer, £3.43bn | Idan Ofer, £3.43bn |