Top 10 Most Richest People in UK

From the business magnate to the investors, philanthropist to pharmaceutical heirs, the United Kingdom is a home to various wealthy people in any kind of industry. Recently, the Sunday Times Rich released the list of the top wealthiest people in the United Kingdom for 2015.

It was observed that the number increased two times over than their recorded fortune since the last decade. With the number of 1,000 richest people and families, it earned about £547 billion ($838 billion) with London-based, Ukraine born but US citizen, and other business tycoons. While all the Russian oligarchs, energy and commodity moguls, and families with inherited fortune in the top list, it is surprising that the Queen did not make it to the top 300 for the very first time.

10. Roman Abramovich (Net worth: £7.29 billion ($11.17 billion)
Roman Abramovich

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Roman, 49, is a Russian business magnate, investor and politician. He owns the private company for investment, Millhouse LLC. In his country, he is best known as the owner of the English Premier League football team, Chelsea Football Club. During his army service, his multi-billion-business started. Aside from the Soviet Army, he worked as a street trader and a mechanic at a local factory.

He sold imported rubber ducks from his apartment in Moscow at the peak of Perestroika and traded commodities for a Swiss Trading Company, Runicom. When he attended the Gubkin Institute of Oil and Gas, he sold overhauled car tyres as a sideline. In 2005, he sold the Sibneft oil operation to Gazprom for £7.5 billion from an amount of £120 million when he first bought it a decade earlier. Additionally, he owns shares in 13 different businesses worth £3.4 billion.

9. Gerald Grosvenor, 6th Duke of Westminster (Net worth: £8.56 billion ($13.11 billion)

Gerald Grosvenor

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A 64-year-old, Grosvenor is a British business magnate, landowner, peer, and former Territorial Army officer in the British Army. The son of the 5th Duke of Westminster, Robert George Grosvenor with The Hon. Viola Maud Lyttelton, he is the owner of the Grosvenor group. In 2005, he was put into office as the Chancellor of the University of Chester.

The sixth duke was known as the richest property developer in the UK through the Grosvenor Estates. He was also ranked as one of the country’s largest landowners, having enormous parcel in Oxford, Cheshire and Scotland, in Central London like some vast areas in Mayfair, and Belgravia, and in some parts of the European continent.

8. Kirsten and Jorn Rausing (Net worth: £8.7 billion ($13.3 billion)
Kirsten and Jorn Rausing

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Kirsten Rausing is the granddaughter of Ruben Rausing, the founder of the liquid food packaging company Tetra Pak and the granddaughter of the Swedish landscape painter, Henry Maine. She is the lone staying owner after she inherited it from the 50 percent share inherited from his grandfather to his father. The previous director of the National Stud, she is a member of the Jockey Club and now lives in the UK breeding horses at her stud farm Lanwades in New Market.

Jorn Rausing is her brother who sits with her as the top shareholders of the swiss packaging company, Tetra Lava, along with Finn Rausing. The company was formerly called Tetra Pak. Originally, the company was inherited by Gad and Hans who divided the shares by 50 percent and Gad passed on his inheritance to his children, Kirsten and Jorn.

7. Lakshmi Mittal (Net worth: £9.2 billion ($14 billion)
Lakshmi Mittal

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Lakshmi Mittal, 65, is an Indian steel tycoon who is the chairman and CEO of the largest steelmaking company in the world, ArcelorMittal. He owns the 38 percent shares from the company and holds a 34 percent share in Queens Park Rangers FC. He has been declared the wealthiest Hindu and Asian magnate in Europe way back in 2007. In 2002, he was named the eighth richest man in Britain; however, he did not hold Britain citizenship.

In 2011, Forbes ranked him as the world’s sixth richest person but it massively dropped to the 82nd place in 2015. From the amusing £27 billion in 2008, a massive fall was observed with the falling share value of the company’s steel and commodity prices. Additionally, he and his son-in-law, Amit Bhatia, are major shareholders of the Queens Park Rangers.

6. Ernesto and Kirsty Bertarelli (Net worth: £9.45 billion ($14.48 billion)
Ernesto and Kristy Bertarelli

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Ernesto is an Italian-born Swiss business magnate and philanthropist while her wife Kirsty is the former Miss UK and a songwriter. Before his father died, Ernesto inherited the ownership of the Serono along with his sister Dona in 1998. Serono was a pharmaceutical company where he became the CEO I 1996. When their father died, the transition from pharmaceutics to a biotechnology company made a big hit rapidly elevating the revenue and gained fame from the discovery of the natural hormone for the treatment of female infertility.

Kirsty, on the other hand, is one of the richest women in Britain with its combined wealth from his husband. Her family owns the Churchill China which is known as one of the major manufacturers of ceramic products in the world. She supports the Smiling Children Foundation and plays a vibrant role in the Bertarelli Foundation.

5. David and Simon Reuben (Net worth: £9.7 billion ($14.8 billion)
David and Simon Reuben

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David and Simon are Bombay-born British business magnate and philanthropists. In the 1970s to the 1980s, they had an escalation of their fortune in metals trading and property and almost half of their wealth is in liquid assets such as cash and bonds. Although these two brothers avoid publicity, they give an update and provide some information from their personal website.

For £500 million, they sold their Travelodge hotel last year and declared ownership of boutique hotel chains in the European continent and the London Oxford airport. Their wealth was also from their investments in the Russian metal markets, financing, production and distribution of metals. They are the third largest producer of aluminium in the world.

4. Alisher Usmanov (Net worth: £9.8 billion ($15 billion)
Alisher Usmanov

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An Uzbek-born Russian businessman, Usmanov has been declared as Russia’s wealthiest man and the 58th richest person in the world. His fortune was built through the mining and metal operations and investments. He is the major shareholder of the Russian industrial conglomerate, Metalloinvest.

The co-owner of the MegaFon, Russia’s second biggest mobile telephone operator; the co-owner of the group, the largest internet company in the country, Usmanov also owns the Kommersant Publishing Houses. He is the biggest investor of Digital Sky Technologies (DST) and holds numerous shares in international technology companies. He is the president of the FIE, and a shareholder in Arsenal football club.

3. Galen and George Weston (Net worth: £11 billion ($16.8 billion)
Galen and George Weston

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An English-Canadian business magnate and philanthropist, Galen is also the executive chairman of George Weston Limited. The company is a leading food processing and distributing company. He is the chairman of the Holt Renfrew, owner of Selfridges of UK, Brown Thomas of Ireland, De Bijenkorf of Netherlands, and the Ogilvy of Montreal. He is also the chairman of The W. Garfield Weston Foundation.

The family business began when George Weston established a bakery in Toronto, Ontario. Galen is a skilful supermarket retailer who maintains controlling interest in Loblaw Companies. It has been the largest food retailer in Canada via a family holding company. The George Weston Limited owns the Loblaw supermarket chain, Weston Foods and the British branch of the Weston Empire, and the Associated British Foods.

2. Sri and Gopi Hinduja (Net worth: £13 billion ($19.9 billion)
Sri and Gopi Hinduja

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In 1979, Sri and Gopi Hinduja developed the export business and moved to London which made their fortune ranked up and expand. The Hinduja group consists of industries including property development, car manufacturing, and the recent Royal Bank of Scotland’s jewellery and diamond financing business in India.

The company is based in London, United Kingdom which is headed by Sri. His administration led the further success of the company employing over 70,000 people. In 2015, the two siblings were awarded with the Business Leader of the Year at the Asian Awards.

1. Len Blavatnik (Net Worth: £13.17 billion ($20.2 billion)
Len Blavatnik

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A USSR-born business tycoon, investor, and philanthropist, Blavatnik developed his fortune through the Access Industries, his conglomerate company that diversifies investments in myriad company. The Access Industries was founded in 1986 where he became the president and chairman. From New York, he moved into Russian investments after the downfall of communism.

Blavatnik is often referred to as the “child of the Soviet Union, citizen of America” by the Sunday Times; his wealth was built out of the control of the oil producer TNK, the partner of BP. In 2013, it was sold to Rosneft with his share amounting to about £4 billion. He is an investor in aluminium producers and chemical companies. Additionally, the Warner Music and The Beatles’ label Parlophone were sold to him in 2011.