Sir Paul McCartney becomes first UK billionaire musician – beating Andrew Lloyd Webber and Sir Mick Jagger to top rich list spot

    Sir Paul McCartney becomes first UK billionaire musician - beating Andrew Lloyd Webber and Sir Mick Jagger to top rich list spot

    1. Gopi Hinduja and family – £37.2 billion

    Britain’s richest family made its fortune from Mumbai-based conglomerate Hinduja Group, which spans business sectors including banking and finance, media and entertainment, and energy, and has around 200,000 employees around the world.

    The family’s fortune is the largest ever recorded.

    2. Sir Leonard Blavatnik – £29.25 billion

    The second richest Briton is a Ukrainian-born business magnate and philanthropist who built his fortune in Russia.

    He took Warner Music public in June 2020 after purchasing it in 2011.

    3. David and Simon Reuben and family – £24.98 billion

    The billionaire brothers made their money in real estate and technology with their private equity and investment firm Reuben Brothers.

    The brothers were born in Mumbai and raised in Britain.

    4. Sir Jim Ratcliffe – £23.52 billion

    Sir Jim Ratcliffe, co-owner of Manchester United, is the founder and chairman of global chemicals company Ineos, which was founded in 1998.

    The Manchester-born businessman controls the club’s football operations after acquiring a minority stake in February this year.

    He has fallen from second to fourth place after his fortune fell by more than £6 billion.

    5. Sir James Dyson and family – £20.8 billion

    English inventor and entrepreneur Sir James Dyson is known for founding technology company Dyson and inventing the cyclone bagless vacuum cleaner in the 1970s.

    He has since transitioned into the beauty industry, with his line of hair tools proving particularly popular.

    6. Barnaby and Merlin Swire and family – £17.2 billion

    The Swire family fortune stems from the Swire Group, a global company spanning real estate, transportation and industry.

    Eton-educated chairman Barnaby Swire is the cousin of Merlin Swire, both sixth-generation descendants of the group’s founder.

    7. Idan Ofer – £14.96 billion

    Israeli billionaire businessman Idan Ofer is one of two sons of shipping magnate Sammy Ofer. His father, who died in 2011, was once Israel’s richest man.

    He has interests in shipping, energy and a minority stake in Spanish football club Atletico de Madrid.

    8. Lakshmi Mittal and family – £14.92 billion

    The Indian-born Mr Mittal is chairman of ArcelorMittal, a multinational steel company headquartered in Luxembourg and the largest steel producer in Europe, North and South America.

    He owns mansions in Kensington Palace Gardens, one of the most expensive streets in the world, and is co-owner of Queen’s Park Rangers football club.

    9. Guy, George, Alannah and Galen Weston and family – £14.49 billion

    The Weston family has developed most of its wealth by investing in retail. It has a stake in Associated British Foods, owner of Primark and sugar manufacturer, run by son George Weston.

    10. John Fredriksen and family – £12.87 billion

    John Fredriksen is a Norwegian-born shipping magnate who owns oil tankers and investments in fish farms, dry bulk carriers and deepwater oil rigs.

    11. Kirsten and Jorn Rausing – £12.63 billion

    Kirsten Rausing also benefited from an inheritance, with a stake in her grandfather’s packaging company, Tetra Laval, which revolutionized the storage of beverages such as milk and orange juice in cartons over glass bottles.

    The Swedish businesswoman is deeply involved in horse racing and her husband Jorn Rausing is co-owner of Tetra Laval.

    12. Alex Gerko – £12.05 billion

    Moscow-born mathematician Alex Gerko founded algorithmic trading firm XTX Markets in 2015, which grew rapidly in the UK and has offices worldwide, including in New York City, Paris and Mumbai.

    13. Michael Platt – £12 billion

    Preston-born financier Michael Platt is co-founder and CEO of hedge fund BlueCrestCapital Management, one of the world’s largest and best-performing investment firms.

    14. Charlene de Carvalho-Heineken and Michel de Carvalho – £11.75 billion

    Charlene de Carvalho-Heineken is a Dutch businesswoman and one of the richest women in the world after inheriting almost a quarter of the shares in beer giant Heineken from her late father Freddy Heineken.

    Her husband and former Olympic skier Michel de Carvalho sits on the company’s board.

    15. The Duke of Westminster and the Grosvenor family – £10.13 billion

    33-year-old Hugh Grosvenor is the seventh Duke of Westminster and became an instant billionaire when he inherited his title and control of his father’s historic Grosvenor Estate in 2016.

    He was crowned the richest person under 40 in this year’s Sunday Times Rich List.

    16. Marit, Lisbet and Sigrid Rausing – £9.19 billion

    Marit Rausing is the widow of Hans Ruasing, who built the packaging company Tetra Pak, founded by his father in 1944. Lisbet and Sigrid are their children.

    17. Carrie and Francois Perrodo and family – £9.17 billion

    Singapore-born Carrie Perrodo inherited one of the world’s largest family oil companies, Perenco, after the death of her husband Hubert Perrodo in 2006.

    Her son, amateur driver Francois Perrodo, is now chairman of Perenco.

    18. Nicky Oppenheimer and family – £7.94 billion

    Nicky Oppenheimer sold his family’s stake in De Beers, the world’s largest diamond producer, in 2012.

    He was the third generation of the family to run De Beers and took over the company in 2001.

    19. Lord Bamford and family – £7.65 billion

    Lord Bamford heads JCB, the multibillion-dollar construction machinery manufacturer he took over from his father, Joseph Cyril Bamford, in the 1970s.

    He is a major political donor and also director of the think tank Center for Policy Studies.

    20. Denise, John and Peter Coates – £7.47 billion

    Denise Coates is the co-founder, majority shareholder and co-director of Bet365, one of the world’s largest online gambling companies, born into a family that runs betting shops in Stoke-on-Trent.

    Peter Coates is her father and John Coates is her brother and co-CEO.

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