list britain\s superrich get even richer
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Wealthier increased from the recession

List: Britain\'s super-rich get even richer

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice List: Britain\'s super-rich get even richer

Lakshmi Mittal, chief excutive of the world's biggest steelmaker ArcelorMittal
LONDON - AFP

Lakshmi Mittal, chief excutive of the world\'s biggest steelmaker ArcelorMittal Britain\'s richest people got collectively wealthier by 18 % as the rest of the country weathered harsh government cuts, according to an annual list published Sunday. Indian-born steel tycoon Lakshmi Mittal retained the top spot in The Sunday Times Rich List for a seventh straight year, despite seeing about £5 billion ($8 billion, 5.7 billion euros) wiped off his fortune.
The 1,000 richest people in Britain saw their wealth continue to bounce back from the recession and increase to a collective fortune of £395.8 billion.
The number of billionaires in Britain now stands at 73 up from 53 last year and almost matching the record of 75 set in the list of 2008 before the financial crisis. Forty are British-born.
Russian businessman Alisher Usmanov moved from sixth position to second spot in the list after adding £7.7 billion to his fortune, which is now worth £12.4 billion.
Usmanov owns a large stake in Russian iron and steel firm Metalloinvest and recently courted controversy in Britain by trying to build up a controlling stake in English football giants Arsenal.
His bid was thwarted last month when US sports tycoon Stan Kroenke took control of the Premier League side.
Meanwhile the fortune of Mittal, the London-based head of ArcelorMittal, the world\'s largest steel maker, fell by around 22 percent to £17.5 billion in the past 12 months, the biggest drop on this year\'s list.
The huge fall in the 60-year-old\'s wealth was driven by a plunge in the share price of ArcelorMittal as the global steel industry struggled to cope with costly raw materials and slow demand.
The highest new female entry is Chinese businesswoman Xiuli Hawken, 48, who made her fortune converting underground military shelters in China into underground shopping malls. She was ranked 61st, with a fortune of £1.06 billion. She lives in London.
Another new female entry is Mary Perkins, who founded the chain of glasses shops, Specsavers, with her husband Douglas. Their wealth has increased 42 % since last year and stands at £1.15 billion.
The increased wealth comes as most of the country faces harsh austerity measures introduced by the coalition government to cut Britain\'s record deficit.
The list, which is for those who have Britain as their home or main base of operations, is based on identifiable wealth such as land, property or significant shares in publicly quoted companies, and excludes bank accounts.
- Britain\'s top 10 billionaires in The Sunday Times Rich List 2011 (last year\'s rank in brackets):

1. Lakshmi Mittal -- steel -- £17.514 billion (1st)

2. Alisher Usmanov -- steel -- £12.4 billion (6th)

3. Roman Abramovich -- oil, industry -- £10.3 billion (2nd)

4. The Duke of Westminster -- property -- £7 billion (3rd)

5. Ernesto and Kirsty Bertarelli -- pharmaceuticals -- £6.87 billion (4th)

6. Leonard Blavatnik -- industry -- £6.237 billion (15th)

7. John Fredriksen and family -- shipping -- £6.2 billion (16th)

8. David and Simon Reuben -- property, Internet -- £6.176 billion (5th)

9. Gopi and Sri Hinduja -- industry, finance -- £6 billion (new)

9. Galen and George Weston -- retailing -- £6 billion (7th)

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

list britain\s superrich get even richer list britain\s superrich get even richer

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

list britain\s superrich get even richer list britain\s superrich get even richer

 



GMT 10:18 2016 Wednesday ,23 March

cartoon seven

GMT 03:07 2017 Saturday ,30 September

Facebook helps UAE resident reunite with brother

GMT 22:07 2017 Monday ,25 September

Serena focused on tennis comeback

GMT 14:03 2017 Sunday ,24 December

Hurting Madrid refuse to throw in the towel - Zidane

GMT 06:27 2015 Friday ,31 July

I was paternal, it worked

GMT 11:55 2011 Friday ,10 June

Nokia names Tirri as new technology chief

GMT 22:34 2017 Saturday ,03 June

When low-tech is actually better

GMT 07:14 2013 Friday ,04 October

Spas move into wellness arena

GMT 08:00 2016 Wednesday ,07 December

Probe finds coalition 'mistake'

GMT 06:12 2018 Tuesday ,23 January

Instagram, Google+ join EU group

GMT 14:56 2017 Monday ,06 March

China vows blue skies

GMT 11:59 2017 Thursday ,26 October

Lobna underlined importance of coral stone

GMT 08:14 2017 Tuesday ,29 August

Japan's 'iron lady' Date to quit game at 46

GMT 01:17 2016 Tuesday ,14 June

McDonald's moves into Oprah's old home

GMT 19:33 2011 Sunday ,30 October

Al Futtaim Honda makes up for delivery disruptions

GMT 20:38 2016 Tuesday ,15 November

More violence in Syria as 23 killed
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice