Sunday Times Rich List 2011

The 2011 Sunday Times Rich List, published this weekend, reveals that the 1,000 wealthiest people in the country are now worth a combined £395.8 billion, equivalent to more than a third of the national debt.

The number of billionaires has risen from 53 to 73, while nine people have seen their fortunes rise by £1 billion or more during the past 12 months alone.

The soaring fortunes of Britain’s wealthiest men and women have put them within striking distance of the pre-recession boom in 2008, when there were 75 billionaires and the 1,000 wealthiest people were worth £413 billion.

Lakshmi Mittal, the steel tycoon, is again Britain’s richest man but, surprisingly, is also the biggest loser. The global financial crisis has seen his fortune fall by a fifth to £17 billion. Alisher Usmanov, the Russian mining magnate, has risen to become Britain’s second richest man after more than doubling his wealth to £12.4 billion.

His fellow countryman, Roman Abramovich, has slipped into third and is worth £10 billion. The Duke of Westminster, the wealthiest Briton, has fallen outside the top three for the first time since 1999 with a fortune of £7 billion. (Source: Telegraph)

Unfortunately, you can’t access the list for free any more thanks to their insistence on paying for content…..but hey, it’s only £1!

Categories: High Net Worth Individuals Resources

Resource Type: Blog

Posted by Beccy Murrell

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