May 23, 2018

Britain's wealthiest get richer by £64 billion in a year

16 May 2018, 12:38 | Winston Chapman

GETTY LEGEND Sir Paul Mc Cartney performs in Perth Australia

LEGEND Sir Paul Mc Cartney performs in Perth Australia

Ratcliffe, who is sponsoring Sir Ben Ainslie's attempt to win the America's Cup for Britain, is also the 39th richest person in the world according to The Sunday Times.

In second place were the Hinduja brothers, Sri and Gopi, worth £20.64 billion.

The List says profits soared by more than 50 per cent in 2016 at Malcolm Healey's West Retail Group, based at Hotham in East Yorkshire, which includes Wren Kitchens and the electronics retailer Ebuyer. He and his wife Rachel Welsz have amassed a fortune of $170 million, becoming the fourth and richest 007 to make the list.

A "publicity shy" chemicals entrepreneur who grew up on a council estate is the richest man in Britain after his wealth increased by £15.3 billion in a year.

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Potter's female sidekick, Hermione Granger, played by Emma Watson saw her wealth in the Young Rich list rise by nearly $15 million to $68 million. Part of the new edition is the Sunday Times Young ... "Aristocrats and inherited wealth has been elbowed out of the list and replaced by an army of self-made entrepreneurs".

Queen Elizabeth II topped the first five Rich Lists, but a decision was taken to exclude the value of the Royal Art Collection.

The Sunday Times, which every year releases its Rich List, ranked the 1,000 wealthiest individuals and families in the United Kingdom, pulling out the top hedge fund managers. The billionaire count has risen to 145 - 11 more than past year.

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