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Home / Business / Rich List 2019: Hinduja brothers take first place for the third time

Rich List 2019: Hinduja brothers take first place for the third time



  Srichand and Gopichand Hinduja

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According to the Sunday Times, the brothers Srichand and Gopichand Hinduja together have a net worth of GBP 22 billion

The billionaire Brothers Hinduja were named the richest people in Britain for the third time, according to the Sunday Times Rich List.

Sri and Gopi Hinduja had asset growth of £ 1

.356 billion last year The newspaper estimates the cost to be £ 22 billion.

Meanwhile, chemical company founder Sir Jim Ratcliffe, who topped last year's list, slipped to third place.

And Valerie Moran is the first black entrepreneur to ever appear on the newspaper's Rich List

Family Business The Hinduja Group was founded in Mumbai in 1914 and today is interested in oil and gas, banking, IT and real estate worldwide.

British citizens Sri, 83, and Gopi, 79, are based in London and are two of the four brothers who control the Empire.

One of the properties they own is the Whitehall Old War Office, which they hope will reopen as a luxury hotel.

The two brothers were at the top of the newspaper list in 2014 and 2017.

The List Estimates According to the Sunday Times, the 1,000 richest people in the UK are based on identifiable assets, including land, property, other assets, such as art and investment in companies. Not included is the amount on the bank accounts of the people.

The brothers David and Simon Reuben, who have earned their fortune in real estate, carpets and scrap metal, ranked second with total assets of £ 18.664 billion.

Sir Jim Ratcliffe, who founded the Ineos Chemical Company, was the richest man on last year's list and has seen a decline in net worth of £ 2.9bn since last year.

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Sir Jim Ratcliffe once lived in a community center near Manchester and now has an estimated net worth of £ 18.15 billion

Inventor Sir James Dyson, who advocated for Brexit and announced his move to Singapore, is in fifth place on the list after finishing 12th last year.

  • Sir James Dyson: From Barrows to Trillions

Zimbabwean-born Ms. Moran is the first black entrepreneur on the Rich List to rank 9th alongside her husband Noel. The couple, whose total assets are estimated at £ 122m, own 81.5% of the financial technology company Prepaid Financial Services.

Kirsten Rausing, part of the Rausing family who stood behind the Tetra Pak beverage carton empire, has the highest ranking female on the list. She appears alongside her brother Jorn Rausing in sixth place with an estimated total assets of £ 12.256 billion.

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Kirsten Rausing and her brother Jorn's wealth were reported rose last year by £ 1.408 billion.

Meanwhile, Sir Philip Green and his wife Tina are in 156th place, compared to # 66 in the last year.

His fortune was estimated at 950 million pounds – the first time in 17 years that Sir Philip was not listed as a billionaire.

The company of Sir Philip, The Arcadia Group, has coped with a pension deficit.

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Sir Philip Green's Arcadia Group – which also includes Topshop, Burton and Dorothy Perkins – was considered worthless on this year's list

Robert Watts, who compiled this year's list, said, "At first glance, this looks like a shock year for the super-rich, with record-highs, more billionaires, and an entry-level rise to £ 120 million.

" But many The wealthy are suffering huge losses after a year of stock market volatility and political blockade in Westminster.

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We find that young entrepreneurs with online fashion retail, dating apps and the creation of YouTube videos earn enormous sums of money.

He added that online shopping "continues to have a profound effect" on the main streets of the UK, and that well-known retailers "see their fortunes shattered by this seismic shift." [19659903] Getty Images

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Dame Theresa Sackler and family (GBP 3 billion) were named second highest placed newcomers in the rich list behind Russian-born oligarch Mikhail Fridman (£ 10.9 billion)

For the sixth consecutive year, Scotland's richest person was named Glenn Gordon and his family, the Jersey-based tycoon behind the burners William Grant & Sons. The group produces whiskey like Grant's, Glenfiddich and The Balvenie, as well as Hendrick's gin.

Cardiff-born venture capitalist Sir Michael Moritz remains the wealthiest person in Wales with £ 3 billion in assets.

The richest sports star at the age of 30 or under was named as Northern Irish golfer Rory McIlroy. [19659903] Image credits
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Rich List's debut star, Stormzy, celebrated his first British single, Vossi Bop, earlier this month

Meanwhile, Andrew Lloyd Webber heads the UK's Music Rich List with assets of £ 820 million, including writers and performers.

The musician Ed Sheeran doubled his fortune last year, while the Grime artist Stormzy doubled his fortune debut on the rich list of young musicians with 16 million pounds.


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