Sunday Times Rich List 2017: Three out of four wealthiest in Britain are Indians

The 29th edition of the Sunday Times Rich List 2017 was announced on 7 May 2017. The List announced the names of Britain’s 1000 wealthiest people including 40 Indian-born citizens.

The Hinduja brothers Srichand and Gopichand are placed on the first spot in the Sunday Times Rich List 2017. The Hinduja Brothers have estimated assets worth 16.2 billion pounds.

As per the list, the billionaires are richer than before, so much so that the combined wealth of the top 500 individuals and families is more than the total put up by the wealthiest 1000 in the year 2016.

Sunday Times Rich List 2017: Top 10 wealthiest

Rank

Name

Net Worth (in billion)

Citizenship

Source of wealth

1

Sri and Gopi Hinduja

£16.20

India

Industry and Finance

2

Leonard Blavatnik

£15.98

United States

Investment, music and media

3

David and Simon Reuben

£14.00

United Kingdom

Property and Internet

4

Lakshmi Mittal and family

£13.22

India

Steel

5

Alisher Usmanov

£11.79

Russia

Mining and Investment

6

Ernesto and Kirsty Bertarelli

£11.50

Switzerland &  United Kingdom

Pharmaceuticals

7

Galen Weston and George G. Weston and family

£10.50

Canada &  United Kingdom

Retailing

8

Kirsten Rausing and Jörn Rausing

£9.66

Sweden

Inheritance and investment (Tetra Pak)

9

The Duke of Westminster

£9.52

United Kingdom

Property

10

Charlene de Carvalho-Heineken and Michel de Carvalho

£9.30

Netherlands

Inheritance, banking, brewing (Heineken)

About Sunday Times Rich List

The Sunday Times Rich List is a list of the 1000 wealthiest people or families in the United Kingdom.

The list has been published as a magazine supplement by British national Sunday newspaper The Sunday Times since 1989.

The editorial decisions governing the compilation of the Rich List are published in the newspaper and online as its "Rules of engagement".

The Rich List is not limited to British citizens and it includes individuals and families born overseas but who predominantly work and/or live in Britain.

The 2015 list marked the first year Queen Elizabeth II was not among the list's top 300 most wealthy since the list began in 1989.

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