list britain\s superrich get even richer
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Wealthier increased from the recession

List: Britain\'s super-rich get even richer

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice List: Britain\'s super-rich get even richer

Lakshmi Mittal, chief excutive of the world's biggest steelmaker ArcelorMittal
LONDON - AFP

Lakshmi Mittal, chief excutive of the world\'s biggest steelmaker ArcelorMittal Britain\'s richest people got collectively wealthier by 18 % as the rest of the country weathered harsh government cuts, according to an annual list published Sunday. Indian-born steel tycoon Lakshmi Mittal retained the top spot in The Sunday Times Rich List for a seventh straight year, despite seeing about £5 billion ($8 billion, 5.7 billion euros) wiped off his fortune.
The 1,000 richest people in Britain saw their wealth continue to bounce back from the recession and increase to a collective fortune of £395.8 billion.
The number of billionaires in Britain now stands at 73 up from 53 last year and almost matching the record of 75 set in the list of 2008 before the financial crisis. Forty are British-born.
Russian businessman Alisher Usmanov moved from sixth position to second spot in the list after adding £7.7 billion to his fortune, which is now worth £12.4 billion.
Usmanov owns a large stake in Russian iron and steel firm Metalloinvest and recently courted controversy in Britain by trying to build up a controlling stake in English football giants Arsenal.
His bid was thwarted last month when US sports tycoon Stan Kroenke took control of the Premier League side.
Meanwhile the fortune of Mittal, the London-based head of ArcelorMittal, the world\'s largest steel maker, fell by around 22 percent to £17.5 billion in the past 12 months, the biggest drop on this year\'s list.
The huge fall in the 60-year-old\'s wealth was driven by a plunge in the share price of ArcelorMittal as the global steel industry struggled to cope with costly raw materials and slow demand.
The highest new female entry is Chinese businesswoman Xiuli Hawken, 48, who made her fortune converting underground military shelters in China into underground shopping malls. She was ranked 61st, with a fortune of £1.06 billion. She lives in London.
Another new female entry is Mary Perkins, who founded the chain of glasses shops, Specsavers, with her husband Douglas. Their wealth has increased 42 % since last year and stands at £1.15 billion.
The increased wealth comes as most of the country faces harsh austerity measures introduced by the coalition government to cut Britain\'s record deficit.
The list, which is for those who have Britain as their home or main base of operations, is based on identifiable wealth such as land, property or significant shares in publicly quoted companies, and excludes bank accounts.
- Britain\'s top 10 billionaires in The Sunday Times Rich List 2011 (last year\'s rank in brackets):

1. Lakshmi Mittal -- steel -- £17.514 billion (1st)

2. Alisher Usmanov -- steel -- £12.4 billion (6th)

3. Roman Abramovich -- oil, industry -- £10.3 billion (2nd)

4. The Duke of Westminster -- property -- £7 billion (3rd)

5. Ernesto and Kirsty Bertarelli -- pharmaceuticals -- £6.87 billion (4th)

6. Leonard Blavatnik -- industry -- £6.237 billion (15th)

7. John Fredriksen and family -- shipping -- £6.2 billion (16th)

8. David and Simon Reuben -- property, Internet -- £6.176 billion (5th)

9. Gopi and Sri Hinduja -- industry, finance -- £6 billion (new)

9. Galen and George Weston -- retailing -- £6 billion (7th)

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

list britain\s superrich get even richer list britain\s superrich get even richer

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

list britain\s superrich get even richer list britain\s superrich get even richer

 



GMT 11:03 2018 Tuesday ,23 January

No end to eyesores at Taj Mahal

GMT 10:18 2018 Thursday ,30 August

Iran incapable of closing Hormuz, Bab Al Mandeb

GMT 10:55 2018 Wednesday ,10 January

Trump marijuana policy reversal stokes fears

GMT 07:13 2017 Monday ,03 July

Qatar should comply with previous commitments

GMT 10:30 2017 Sunday ,05 March

7 police killed in North Afghan attack

GMT 21:38 2017 Wednesday ,22 March

263 tourists visit Saint Catherine over past 24 hours

GMT 18:24 2018 Monday ,15 January

France's Vinci lands 25-yr Belgrade

GMT 18:03 2012 Friday ,07 September

Michelle Obama speech expected

GMT 17:56 2017 Thursday ,03 August

Army hits Saudi military gatherings in Asir, Najran

GMT 04:58 2013 Wednesday ,29 May

6 suicide attackers killed in Afghanistan

GMT 02:50 2016 Friday ,16 December

Exiled Abbas rival handed 3 years for corruption
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice