The number of billionaires living in the UK has risen to more than 100 for the first time, according to the 2014 Sunday Times Rich List.
There are now 104 billionaires based in the UK with a combined wealth of more than £301bn, the list says.
That means the UK has more billionaires per head of population than any other country.
London has more billionaires than any other city in the world with 72 - far ahead of nearest rival Moscow with 48.
The Indian-born brothers Sri and Gopie Hinduja - who run the conglomerate Hinduja Group - top the list with a fortune of £11.9bn.
Arsenal shareholder and Russian business magnate Alisher Usmanov fell to second after his estimated fortune dropped to £10.65bn.
The number of billionaires living in the UK has jumped from 88 in 2013, according to the Sunday Times.
Their combined wealth has also reportedly shot up from £245bn last year.
It is the first time since 2008 that the minimum wealth of the 50 richest people in the UK has exceeded £1.5bn.
A fortune of £1.7bn is now required to make the top 50 - up from £700m 10 years ago.
New members of the list include West End producer Sir Cameron Mackintosh, who is now worth £1bn, and Jon Hunt, the founder of estate agents Foxtons who is worth £1.07bn.
The wealthiest new entry is Carrie and Francois Perrodo and their family, who own the London-based Perenco oil and gas operation and are worth an estimated £6.14bn.
Philip Beresford, who compiles the list, told the BBC "culture, financial services, nice tax regime, good education for their kids and a nice lifestyle where they meet their friends" were among the reasons billionaires were attracted to the UK.
BBC financial correspondent Andrew Verity said the increase in the number of billionaires on the list undermined the argument that making them pay more tax would drive them away.
This included efforts to impose capital gains tax (CGT) on property owned by foreigners who are not resident in the UK, said our correspondent.
Other notable figures on the list include Chelsea Football Club owner Roman Abramovich (£8.52bn), Sports Direct owner Mike Ashley (£3.75bn) and Virgin Group founder Sir Richard Branson (£3.6bn).
Plymouth-born Chris Dawson, who owns and runs The Range discount store chain, saw his fortune rise by £695m in the past 12 months to net £1.28bn.
The full Sunday Times Rich List is published on 18 May.
Top 25 on the rich list
- Sri and Gopi Hinduja, £11.9bn, up £1.3bn
- Alisher Usmanov, £10.65bn, down £2.65bn
- Lakshmi Mittal and family, £10.25bn, up £250m
- Len Blavatnik, £10bn, down £1bn
- Ernesto and Kirsty Bertarelli, £9.75bn, up £2.35bn
- John Fredriksen and family, £9.25bn, up £450m
- David and Simon Reuben, £9bn, up £719m
- Kirsten and Jorn Rausing, £8.8bn, up £3.69bn
- Roman Abramovich, £8.52bn, down £780m
- The Duke of Westminster, £8.5bn, up £700m
- Galen, Hilary and George Weston and family, £7.3bn, up £650m
- Charlene de Carvalho-Heineken and Michel de Carvalho, £6.36bn, down £635m
- Mohamed Bin Issa Al Jaber and family, £6.16bn, up £1.65bn
- Carrie and Francois Perrodo and family, £6.14bn, new
- German Khan, £6.08bn, new
- Sir David and Sir Frederick Barclay, £6bn, up £3.65bn
- Hans Rausing and family £5.9bn, up £1.18bn
- Nicky Oppenheimer and family, £4.57bn, up £785m
- Earl Cadogan and family, £4.2bn, up £525m
- Joseph Lau and family, £4.03bn, down £570m
- Sir Philip and Lady Green £3.88bn, no change
- Denis O'Brien, £3.85bn, up £486m
- Mike Ashley, £3.75bn, up £1.45bn
- Sir Richard Branson and family, £3.6bn, up £86m
- Idan Ofer, £3.43bn, new.....culled
*do we have a rich list in Nigeria that will profile up to 100 billionaires?...too many beggarly and derelict Nigerians.
Hahaha stella you don't blame it on us. Wealth distribution is evenly there unlike nigeria that a few have hijacked and won't let go.
ReplyDeleteSeem like the indians are the richest in the Uk? The first three names sounds indian! Why can't they channel somes of their money to india and build a better india?
ReplyDeletePepperlicious!
I decree that one day,I and DH's name would be topping the list.
ReplyDeleteWill have rich list in Nigeria, but it will be full of corrupt politicians..
ReplyDeleteNicky Oppenheimer has now crept into the UK Rich List. Interesting and not bad. From SA to the UK.
ReplyDeleteHmm, Mike Ashley is now richer than Sir Branson. Well done to a cut throat businessman.
The billionaires best toys? Buying football or Formula 1 teams.
Cheeii choooi. This money you people are sharing like this...Diariss God ooh. Stella Forget oooo. Nigerians ARE RICH! VERY RICH. Some are just too silent. Don't go there ooo.
ReplyDeleteBLOG ANALYSER: wow! I wonder the number of billionaires that live in Nigeria
ReplyDelete100 billionaires yet they are so stingy.
ReplyDeleteU see 20 billionaires in the UK sharing 1bottle of Champagne worth just 50pounds.
Charity: dey no do
Designers: dey no wear
Better house: dey no get
Next pls!
You are right about the stingy part.
DeleteI agree with lepa shandy for once. Those dt stay in UK are so stingy.
DeleteI agree with lepa shandy for once. Those dt stay in UK are so stingy.
DeleteObviously you have never been to the UK so l won't mince words with you. I'll just leave you with a few though reg the houses ... Bishops Avenue N2....
DeletePls make Google your friend before you type
So most of dem ar not even from England!!
ReplyDeleteWe have more 100billionaira in 9ja
ReplyDeleteOf course we do have so called FAKE BILLIONAIRES. They live a fake lifestyle just to get attention. I used to work in a bank and you can only imagine how in debt majority of them were. Please don't get me wrong as some of them were doing not too bad. Honestly if you take bank money away from their so called millions, they have nothing. I understand bank is to help both small business and big to grow and that is how bank survives anywhere in the world but that doesn't applies to some of this so called popular rich folks in nigeria.They take bank money to enrolled their excessive lifestyle. They have too many on their plates beyond their control. Some of them can only afford Nissan but will buy range rover with business money and used all kind of ways to avoid their obligations. I know a particular 2 so called billionaire in Nigeria one them even have a private jet the other doesn't . One of them doesn't even have a company that hires up to 30 people and the amount this fool is owing my bank is beyond anything. Every time that our staff goes to his office, he always gives them story story and try to silent them with money. Eventually the MD of my bank got involved and told him to give the bank one of his properties but he declined talking gibberish. Long story short he uses his contact and the rest was history.. When this stupid fools get to parties or his name was mentioned, people falls over to get his stupid attention SMH. Some of them have many cars including private plane and lives a flashy lifestyles but they are owing their staff more than 2 months salaries. I do not have regard for majority of them because of their irresponsibilities and a fake life. Eventually because of many of these rich folks that never pays their loans back, the bank went into distressed and was merged with another bank and a lot of our staff lost their daily bread. A lot of hese people are not like the foreign billionaires . There is none of these so called foreign billionaires that have less than 200 employees on their payrolls. I only have regards for some of them with with legit business in nigeria that employs and helps people to earn a living and use the money earned to help their families too. And the exception is few.
ReplyDeleteYea u r right. Know a man too not mentioning names, he is from Anambra state, ppl see him as a Billionaire but he is so broke like a broken fanta bottle, not even worthy to be called a thousandnaire if thr is a word like dt. Fake ppl everywere.
DeleteWe have plenty billionaires in naira o, don't know how many of them are billionaires in dollar
ReplyDeleteSo true @anonymous 1:26
ReplyDelete@1.26 pm Very well said. Couldn't have said more. I love when you said "when you take bank money away from them, they have nothing".Lol that was so funny. Empty so called fake billionaires that have nothing to offer or help people. Is so true. Some of them haven't paid their staff salaries for months and they are flying the world in private planes
ReplyDeleteGood for them.
ReplyDeleteOnly politicians can make d list in naija.
ReplyDeleteI wanna be a billionaire so freaking bad...
ReplyDeletedumb comment lepa shandy. you think they are as stupid as nigerians who have stolen wealth and spend it anyhow. whose house have you been to for you to say they do not have nice houses. you think when they do charity they make noise about it fa. anyway you are very dumb & not surprised at your equally dumb comments here.
ReplyDelete