- Joined
- Sep 22, 2008
- Messages
- 86,398
- Points
- 113
5. Lakshmi Mittal
REUTERS/Benoit Tessier
Net worth: £14.667 billion
Sources of wealth: steel
The steel tycoon’s fortune is up £1.483 billion on 2017 following a number of challenging years. In 2015, his fortune decreased as oil and commodities prices tanked over 12 months, and in previous years, his company lost £5.5 billion and stopped paying a dividend to investors.
4. David and Simon Reuben
David and Simon Reuben Wikimedia Commons
Net worth: £15.096 billion
Sources of wealth: property and internet
The Mumbai-born brothers and British citizens make most of their money through lucrative property deals after initially investing in the Russian metals market. Returns from their lucrative properties – such as the Millbank Tower, the John Lewis Partnership HQ in Victoria, and shops in Sloane Street – were solid.
3. Sir Len Blavatnik
David M. Benett/Getty Images
Net worth: £15.259 billion
Sources of wealth: investment, music and media
Blavatnik became a billionaire after the fall of Soviet communism. He built his wealth through the control of oil producer TNK, partner of BP.
When it was sold to Russia’s Rosneft in 2013, Blavatnik’s share was worth more than £4 billion. He also invests in aluminium producers and chemical companies, as well as the world’s largest producer of polypropylene LyondellBasell.
In 2011, he bought Warner Music and then The Beatles’ label, Parlophone.
2. Sri and Gopi Hinduja
Net worth: £20.644 billion
Sources of wealth: industry and finance
The Hinduja brothers – who were top of last year’s Sunday Times rich list – racked up their sizeable wealth through property development, car manufacturing, and more recently, the old War Office in London’s Whitehall for £300 million.
They are so rich that the wedding for one of the brother’s sons cost £15 million.
1. Jim Ratcliffe
Net worth: £21.05 billion
Sources of wealth: chemicals
Ratcliffe’s net worth has increased a whopping £15.3 billion since last year, making him the first ever British-born industrialist to top the list. Ratcliffe the archetypal rags-to-riches story. He grew up on the outskirts of Manchester, where he “he used to count the chimneys he could see from his parents’ council house. It inspired him to forge a career in industry,” according to The Sunday Times.
He then founded and now runs one of the world’s biggest chemical companies Ineos. He also owns yachts and an impressive property portfolio, which includes a huge estate in remote northeast Iceland that he bought in December.
Speaking to The Sunday Times in an interview published today, Ratcliffe said he was staggered by the growth of his company.
“Completely,” he said. “You should see a picture of the council house where I started out.”
He added: “Look, these are extremely big numbers, but I’m 65 and I’ve been doing this for 25 years. With the exception of 2008, we’ve been successful every year. So you do kind of get used to it.”
REUTERS/Benoit Tessier
Net worth: £14.667 billion
Sources of wealth: steel
The steel tycoon’s fortune is up £1.483 billion on 2017 following a number of challenging years. In 2015, his fortune decreased as oil and commodities prices tanked over 12 months, and in previous years, his company lost £5.5 billion and stopped paying a dividend to investors.
4. David and Simon Reuben
David and Simon Reuben Wikimedia Commons
Net worth: £15.096 billion
Sources of wealth: property and internet
The Mumbai-born brothers and British citizens make most of their money through lucrative property deals after initially investing in the Russian metals market. Returns from their lucrative properties – such as the Millbank Tower, the John Lewis Partnership HQ in Victoria, and shops in Sloane Street – were solid.
3. Sir Len Blavatnik
David M. Benett/Getty Images
Net worth: £15.259 billion
Sources of wealth: investment, music and media
Blavatnik became a billionaire after the fall of Soviet communism. He built his wealth through the control of oil producer TNK, partner of BP.
When it was sold to Russia’s Rosneft in 2013, Blavatnik’s share was worth more than £4 billion. He also invests in aluminium producers and chemical companies, as well as the world’s largest producer of polypropylene LyondellBasell.
In 2011, he bought Warner Music and then The Beatles’ label, Parlophone.
2. Sri and Gopi Hinduja
Net worth: £20.644 billion
Sources of wealth: industry and finance
The Hinduja brothers – who were top of last year’s Sunday Times rich list – racked up their sizeable wealth through property development, car manufacturing, and more recently, the old War Office in London’s Whitehall for £300 million.
They are so rich that the wedding for one of the brother’s sons cost £15 million.
1. Jim Ratcliffe
Net worth: £21.05 billion
Sources of wealth: chemicals
Ratcliffe’s net worth has increased a whopping £15.3 billion since last year, making him the first ever British-born industrialist to top the list. Ratcliffe the archetypal rags-to-riches story. He grew up on the outskirts of Manchester, where he “he used to count the chimneys he could see from his parents’ council house. It inspired him to forge a career in industry,” according to The Sunday Times.
He then founded and now runs one of the world’s biggest chemical companies Ineos. He also owns yachts and an impressive property portfolio, which includes a huge estate in remote northeast Iceland that he bought in December.
Speaking to The Sunday Times in an interview published today, Ratcliffe said he was staggered by the growth of his company.
“Completely,” he said. “You should see a picture of the council house where I started out.”
He added: “Look, these are extremely big numbers, but I’m 65 and I’ve been doing this for 25 years. With the exception of 2008, we’ve been successful every year. So you do kind of get used to it.”
