Since the yearly survey of the wealthiest people living in the United Kingdom has been announced, it is no shock that Britain’s billionaires are still doubling their wealth. Based on a report by Guardian, the collective wealth of Britain’s 1,000 richest people had more than doubled in the last 10 years leading to a combined fortune of just more than £547bn or £547m each on average, not counting what’s in their bank accounts. As it gets tougher to get on the list, the stakes was once again raised as it now a minimum fortune of £100m to be on the top 100 list. That is £15 million higher than last year’s minimum, while in 1997 it took a personal wealth of ‘just’ £15 million to make the list. Below is the latest ranking of the richest people in Britain and they include 25 people who are richer than the royal family in Britain.
25. Sir Henry Keswick and Family.
Net worth: £3.275 billion ($5.017 billion)
Sir Henry Keswick is a British businessman. He was born on 29th September 1938 in Shanghai, China and schooled at Eton College and Trinity College, Cambridge. The British business tycoon is part of the Keswick family business dynasty. He and his family run the £29.8 billion Jardine Matheson conglomerate in Hong Kong, which invests and runs companies that span fast food, retail, property, and motoring. They have a £3.2 billion stake in the group. He is the Chairman of Jardine Matheson Holdings Ltd, which he joined in 1961 He is also the director of a number of other Group companies.
24. Mike Ashley
Net worth: £3.5 billion ($5.3 billion)
Industry: Sports Retailing
Mike Ashley is an English entrepreneur in the sporting goods market. Thus, he owns a bargain clothing giant Sports Direct worth £4 billion. He is also the owner of Newcastle United FC after paying around £135 million to acquire the club. He is often described in the media as the beer-swilling, sport-fanatic version of the reclusive American airline magnate Howard Hughes.
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23. Sir James Dyson and Family
Net worth: £3.5 billion ($5.3 billion)
Sir James is best known as the inventor of the Dual Cyclone bagless vacuum cleaner. However, he first invented the Ballbarrow, a modified version of a wheelbarrow using a ball rather than a wheel, which he afterwards translated into some of his Dyson vacuum cleaner designs. The British inventor, industrial designer and founder of the Dyson company is so wealthy, he owns more estates than the Queen herself.
22. Sir Philip and Lady Green
Net worth: £3.5 billion ($5.3 billion)
Green is a British businessman and the Chairman of the Arcadia Group, a retail giant that includes Topshop, Topman, Wallis, Evans, Burton, Miss Selfridge, Dorothy Perkins, Outfit and previously BHS. There is no denying that this British business magnate owns some of the most famous fashion retailers in Britain. He bought British Homes Stores for £200 million in 2000 and a year later, BHS was worth £1.2 billion. Through the retail group he acquired, Arcadia, which is owned by his wife Lady Tina, the Green family’s stake in Arcadia is worth £1.9 billion while the Sunday Times included £1.6 billion for property, yachts, and past dividends.
21. Bruno Schroder and Family
Net Worth: £3.76 billion ($5.76 billion)
Bruno Lionel Schroder is an English banker and billionaire. He is also a big estate owner in Scotland reported to be the 17,500 acre Dunlossit Estate on the island of Islay in Scotland’s Inner Hebrides. Schroder and his family own a £3.34 billion stake in City-based asset management group Schroders. John Henry Schroder, the co-founder of the Schroders businesses in 1804 is his great-great-grand father. Schroder joined the commercial banking and corporate finance division of J. Henry Schroder Wagg & Co. in 1960, and was appointed a director of Schroders in 1963. He is a non-executive director of Schroder’s and a member of the company’s nominations committee.
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20. Sir Richard Branson and Family
Net Worth: £4.1 billion ($6.2 billion)
Sir Richard Charles Nicholas Branson is a British business magnate and investor famous for founding Virgin Group, which consists of more than 400 companies. His group currently deals on different things ranging from mobiles to banking to aviation and even, potential space travel. According to the Forbes 2014 list of billionaires, Branson is the seventh richest citizen of the United Kingdom, with an estimated net worth of US$4.9 billion. In this year’s Sunday Times Rich List, he is 20th richest person in Britain.
19. Nicky Oppenheimer and Family
Net worth: £4.55 billion ($6.97 billion)
Nicky Oppenheimer is a South African businessman and philanthropist. He cashed out of the diamond business, and then went into investing. He and his family ended their 85-year reign atop diamond giant De Beers in 2012 when Nicky sold his 40% for $5.1 billion in cash.
As the previous Chairman of De Beers diamond mining company and of its subsidiary, the Diamond Trading Company, and former Deputy Chairman of the Anglo-American Corporation, Nicky owns an estate and organic farm near Maidenhead but still retains “extensive investments” in South Africa and in the mining group Anglo-American, said the Sunday Times.
18. Earl Cadogan and Family
Net Worth: £4.8 billion ($7.3 billion)
Industry: Real Estate.
Charles Cadogan’s wealth has surged alongside the increasing property values in London. He and his family have an extensive real estate portfolio worth more than $6 billion that dates back to the Georgian kings. Just last July, the group purchased nearly 200 properties. The Sunday Times linked his rise in wealth to the London property price boom as the Cadogan Group owns 93 acres in the capital’s prime location Chelsea. Additionally, they are famous for redeveloping Sloane Street, a known shopping destination in London named after an ancestor, with a new plaza of expensive shops.
17. Nathan Kirsh
Net Worth: £5.06 billion ($7.7 billion)
Industry: Retail, Real estate
Nathan Kirsh is a South African-born Swazi business magnate, with a property empire spanning the UK, Swaziland and Australia. He also has residency status in the UK and the USA. The business magnate earned his first wealth from founding a corn milling business in Swaziland in 1958. He later translated it into wholesale food distribution in apartheid South Africa, and then into several categories including supermarkets and commercial property development. However, South African insurance company Sanlam Purchased 49% of the company, and entered into agreements on the company’s behalf to build a slew of financially unviable shopping malls — supported by company assets. He now has a stake worth £3.68 billion in New York-based cash and carry operation Jetro Holdings because he runs the Kirsh Group, which has a 75% stake in Jetro.
16. Carrie & Francois Perrodo and Family
Net Worth: £5.8 billion ($8.8 billion)
Industry: Inherited Energy Company
Carrie is the widow of the late Hubert Perrodo, who founded the energy business Perenco, an independent Oil & Gas company with operations in 16 countries across the globe. She is a Singapore-born French businesswoman and former model. She is currently the owner of the oil group Perenco, which she co-founded with her husband Hubert. She and her elder son Francois, inherited the company when her husband died in an Alpine climbing accident in 2006. The company has become one of the world’s biggest family owned oil companies in the world.
15. Mohamed Bin Issa Al Jaber and Family
Net Worth: £5.935 billion
Industry: Real Estate, Hotels.
Mohamed Bin Issa Al Jaber, best known for hotel and resort investments through the MBI Group is an Arab businessman and philanthropist. He is also famous for his philanthropy through the MBI Al Jaber Foundation, based in London. He runs the London-based MBI International Holdings Group, a company that invests in property, hotels, food, and energy.The business tycoon owns a series of luxury and budget hotels in Europe and Egypt through JJW Hotels & Resort. He resides in different cities including Paris, London, Vienna and Jeddah.
14. Hans Rausing and Family
Net Worth: £6.4 billion ($9.8 billion)
Hans Rausing is a Swedish businessman based in the United Kingdom. This business tycoon earned a huge part of his fortune from his co-inheritance of Tetra Pak later renamed Tetra Laval, a company founded by his father Ruben Rausing. As of today, the company is the biggest food packaging company in the world.
13. Sir David and Sir Frederick Barclay
Net Worth: £6.5 billion ($9.9 billion)
Industry: Media, Retail
Sir David and Sir Frederick Barclay are london born identical twins. They are Britain’s richest and most private brothers. They earned most of their fortune from retail and hotel operations such as Maybourne, which is the owner of Claridge’s, the Berkeley, and the Connaught. They have a strong business interests basically in media, retail and property. These twins are best known for purchasing The Telegraph newspaper in 2004 for £665.
12. Charlene de Carvalho-Heineken and Michel de Carvalho
Net Worth £7.145 billion ($10.946 billion)
Charlene de Carvalho-Heineken inherited Dutch brewer Heineken International, the world’s third biggest brewer worth £28.4 billion, as the only child of Freddy Heineken upon his death in 2002. Her family’s stake is worth around £6.4 billion. She resides in London and Switzerland with her husband, Michel. She is one of Britain’s richest women, with a net worth of $11 billion according to Forbes and the 12th richest person in Britain based on Sunday Times Rich List 2015.
11. John Fredriksen
Net Worth: £7.24 billion ($11.09 billion)
John Fredriksen born in Norway is the richest man in Norway. He is an oil tanker and shipping tycoon, and has the world’s biggest oil tanker fleet. He also has business interests in the offshore driller Seadrill, the fish farming company Marine Harvest, the dry bulk company Golden Ocean Group, and the supply vessel company Deep Sea Supply. His stake in these industries are worth around £4.3 billion.
10. Roman Abramovich
Net Worth: £7.29 billion ($11.17 billion)
Industry: Steel, Investments
Roman Arkadyevich Abramovich is a Russian business tycoon, investor and politician. The stinking rich business magnate is the main owner of the private investment company Millhouse LLC. However, he is popular outside Russia as the owner of Chelsea Football Club, an English Premier League football team. He made his fortune through a range of commodities and energy companies.
9. The Duke of Westminster
Net Worth: £8.56 billion ($13.11 billion)
Industry: Real Estate.
Major General Gerald Cavendish Grosvenor is an English Billionaire, landowner, peer, business tycoon, and former Territorial Army officer in the British Army. He earns most of his fortune from inherited land that dates back to 1677. He owns the property company Grosvenor Group.
8. Kirsten and Jorn Rausings
Net Worth: £8.7 billion ($13.3 billion)
The Swedish Siblings are the leading shareholders sitting on the board of Swiss packaging group Tetra Laval (formerly known as Tetra Pak). They both reside in Britain with their father Gad Rausing. Gad and Hans, who are the 14th richest people in Britain on this list, had initially inherited Tetra Pak. Jorn has a £276 million stake in the online retailer Ocado while Kirsten owns three stud farms in the UK.
7. Lakshmi Mittal
Net Worth: £9.2 billion ($14 billion)
Lakshmi Niwas Mittal is an Indian steel tycoon based in the United Kingdom. He is the chairman and CEO of ArcelorMittal, the world’s biggest steel making company. Mittal owns 38% of ArcelorMittal and holds a 34% stake in Queens Park Rangers F.C., a football club. He and his son-in-law, Amit Bhatia, are major shareholders in the club.
6. Ernesto and Kirsty Bertarelli
Net Worth: £9.45 billion ($14.48 billion)
Industry: Biotech, Investments.
Ernesto Bertarelli is an Italian-born Swiss businessman and philanthropist. He is Switzerland’s wealthiest man after he sold his family’s pharmaceutical company Serono, which used to be Europe’s largest biotech firm at the time. He was the owner of biotech giant Serono until 2007 when he sold the company to German drug maker Merck in 2006 for £9 billion. He got married in 2000 to his wife, Kristy who is a singer and a model. She is a song writer,and former Miss UK. Their combined wealth put together makes his wife the richest woman in Britain.
5. David and Simon Reuben
Net Worth: £9.7 billion ($14.8 billion)
Industry: Investments, Real Estates.
David Reuben and Simon Reuben are brothers and also British businessmen and philanthropists. They make most of their fortune through investing in profitable property deals after investing in the Russian metals market earlier. This real estate deals include selling of some of the Travelodge hotels for £500 million last year as well as owning boutique hotel chains in Europe and the London Oxford airport.
4. Alisher Usmanov
Net Worth: £9.8 billion ($15 billion)
Industry: Steel & Mining, Telecom, Investments.
Alisher Burkhanovich Usmanov is an Uzbek-born Russian business tycoon. The Russian businesss magnate earned most of his fortune from steel and iron ore mines companies such as Metalloinvest, a Russian industrial conglomerate, which consolidated in 2006 JSC Metalloinvest’s assets. He also has a near-30% stake in Arsenal football club alongside Farhad Moshiri. He owns the Kommersant Publishing Houses. He is a co‑owner of Russia’s second-biggest mobile telephone operator, MegaFon, and co-owner of the Mail.ru group and several other investments.
3. Galen and George Weston and Family
Net worth: £11 billion ($16.8 billion)
Galen is an English-Canadian businessman, philanthropist and the Executive Chairman of George Weston Limited, a popular food processing and distribution company. He was born in Buckinghamshire. He is also an experienced supermarket retailer and makes most of his money from the huge George Weston operation in Canada. The group has several other big food stores such as Loblaw supermarket chain, Weston Foods and the British branch of the Weston empire, Associated British Foods. The business is run by his nephew, George, and bargain fashion retailer Primark.
2. Sri and Gopi Hinduja
Net Worth: £13 billion ($19.9 billion)
The London-based brothers Srichand and Gopichand co-chair Hinduja Group, a multinational conglomerate headquartered in London, United Kingdom.
The Hinduja brothers piled up their huge wealth through property development, car manufacturing, and more recently, the Royal Bank of Scotland’s jewellery and diamond financing business in India.
1. Len Blavatnik
Net Worth: £13.17 billion ($20.2 billion)
Blavatnik, called “child of the Soviet Union, citizen of America” by the Sunday Times is a USSR-born British businessman, investor, and philanthropist. He became a billionaire after the fall of Soviet communism and made his wealth through the control of oil producer TNK, partner of BP. When it was sold to Russia’s Rosneft in 2013, Blavatnik’s share was worth more than £4 billion. He also invests in aluminium producers and chemical companies. In 2011, he bought Warner Music and then The Beatles’ label Parlophone. He took over top spot from brothers Sri and Gopi Hinduja, who were placed in second despite their fortune rising by £1.1 billion to £13 billion.