With a combined wealth of £771.13 billion, the 31st annual Sunday Times Rich List features entrepreneurs, entertainers, aristocrats and more in its ranking of the richest people in Britain. The estimates are based on the individuals’ identifiable wealth including property and significant shares in publicly quoted companies.
The Sunday Times also factored in candidates’ holdings in private companies, using data from Bureau van Dijk. Unlike with the FTSE 250, which uses a factor of 20, the Rich List valued these private companies using an average 10-12 times their latest profit figures.
The top billionaires in Britain
The Hinduja brothers, whom the Rich List identified as the wealthiest people in Britain for 2014 and 2017, top the list again in 2019. Their family business, the Hinduja Group, is involved in industries including oil and gas, banking, information technology and property.
Last year’s richest individual, Sir Jim Ratcliffe, the founder of chemicals firm Ineos, has dropped to third on the list.
- Sri and Gopi Hinduja – industry and finance (£22 billion)
- David and Simon Reuben – property and internet (£18.66 billion)
- Sir Jim Ratcliffe – chemicals (£18.15 billion)
- Sir Len Blavatnik – investment, music and media (£14.37 billion)
- Sir James Dyson and family – household goods and technology (£12.6 billion)
Other individuals to note
Valerie Moran, a Zimbabwe-born entrepreneur, is the first black female person to be included in the Rich List. She is ranked 970th with her husband, Noel, and is listed as having an estimated £122 million through an 81.5% stake in a financial technology company.
For the first time in 17 years, Sir Philip Green has been listed as a millionaire and not a billionaire. He and his wife, Tina, have fallen from 66th place to 156th with an estimated £950 million.