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TEMPO.CO, Jakarta - The United Kingdom (UK) draws the attention of many with its historically iconic Elizabeth Tower and the Royal Family. While many associate the British monarch with glamor and sophistication, it turns out that the family is not that significant when it comes to wealth.
The British royal family is indeed still mad rich, with an estimated net worth of US$772 million, as per Live Mint. However, this number is relatively smaller compared to that of the richest person in the UK. So, who are they?
Citing The Sunday Times and The Standard, as well as Forbes, let’s discover some of the wealthiest figures throughout the UK, boasting jaw-dropping loads of fortune.
List of the Richest People in the UK
So, who is the richest person in the UK? The following list will unveil the top 10 persons amassing the most fortune in 2024, as highlighted in The Sunday Times Rich List 2024.
1. Gopi Hinduja and Family (US$47.38 billion)
Coming in first place is Gopi Hinduja and family, holding a net worth of £37.2 billion (US$47.38 billion). The family is able to rake in such a hefty amount of wealth thanks to the Hinduja Group, which mainly runs in the industry and finance sectors.
2. Sir Leonard Blavatnik (US$37.26 billion)
According to The Sunday Times, the wealth of Leonard Blavatnik stands at £29.25 billion, or surpassing US$37 billion. He is a US and UK citizen, but his earlier fortune stemmed from TNK-BP, a Russian oil company, where his stake in 2013 was worth US$7 billion.
One of his prominent purchases is Warner Music, which he bought in 2011 for US$3.3 billion. The company was taken public later in June 2020.
3. David and Simon Reuben and Family (US$31.82 billion)
David and Simon Reuben deserve a spot on our list of the richest persons in the UK. The most renowned Reuben Brothers, born in Mumbai but raised in the UK, have garnered around £24.98 billion (US$31.82 billion) in 2024, with revenue streams from real estate and technology.
4. Sir Jim Ratcliffe (US$29.96 billion)
Most soccer fans know Sir James Arthur “Jim” Ratcliffe as the latest co-owner of the legendary Manchester United. According to the club’s official website, 27.7 percent of both the Manchester-based club’s Class A and B now belong to Ratcliffe.
Beyond the soccer realm, Jim Ratcliffe built his fortune in the chemical sector by founding Ineos in 1998. The British billionaire’s wealth is currently worth an estimated £23.52 billion.
5. Sir James Dyson and Family (US$26.49 billion)
Despite attending an art school in London, Sir James Dyson became a billionaire thanks to the Dyson Group, a technology firm he founded in 1991. Prior to that, he had already gained the public’s attention for his invention of the cyclone bagless vacuum cleaner in the 1970s.
James Dyson and his family’s current net worth reveals a figure of £20.8 billion, or approximately US$26.49 billion.
6. Idan Ofer (US$19.05 billion)
Owning a company operating a fleet of 210 bulk, container, and crude oil ships has brought Idan Ofer to be among the wealthiest individuals across the UK. The Israeli billionaire’s sources of wealth include Israel Corp, of which he owns a 51 percent stake.
Furthermore, similar to Jim Ratcliffe, Idan Ofer is also prominent in the soccer realm. To be precise, the conglomerate is one of the minority shareholders in two soccer teams, namely Spanish Atletico de Madrid and Portuguese FC Famalicao.
As per The Sunday Times, Idan Ofer possesses a fortune of £14.96 billion in 2024.
7. Lakshmi Mittal and Family (US$19 billion)
Lakshmi Mittal follows behind Idan Ofer with a net worth of £14.92 billion. The Indian-born, crazy-rich man serves as the chairman of ArcelorMittal, the world's largest steel and mining company by output.
For your information, Mittal has a mansion on one of the world’s most expensive streets, that is, Kensington Palace Gardens.
8. Guy, George, Alannah, and Galen Weston and Family (US$18.46 billion)
The Weston family is able to garner immense wealth due to its investment in retail, allowing the family’s net worth to reach £14.49 billion. The family is among the stakeholders in Associated British Foods, well-known for its sugar production and owning Primark.
9. John Fredriksen and Family (US$16.39 billion)
John Fredriksen’s revenue streams span from shipping to oil services. But one of his biggest holdings is Mowi, previously known as Marine Harvest, which is the biggest fish farmer in the world.
The Norway-born magnate’s fortune, in 2024, reveals an impressive £12.87 billion.
10. Kirsten and Jorn Rausing (US$16.09 billion)
Last but not least, Kirsten and Jorn Rausing are among the richest persons in the UK. Kirsten inherited her grandfather’s packaging business, Tetra Laval. The latter was prominent for pioneering the method of storing beverages in cartons.
Given this, Kirsten holds a stake in Tetra Laval, along with her husband, Jorn, co-owning the company as a result of an inheritance.
We have more lists covering some of the wealthiest figures across the globe. Interest yourself with our previous top 10 list of the richest people in Italy.
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