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Russian tycoon Usmanov tops Sunday Times Rich List | Russian tycoon Usmanov tops Sunday Times Rich List |
(about 14 hours later) | |
Russian businessman Alisher Usmanov has topped the Sunday Times ranking of the wealthiest people in Britain and Ireland with a fortune of £13.3bn. | Russian businessman Alisher Usmanov has topped the Sunday Times ranking of the wealthiest people in Britain and Ireland with a fortune of £13.3bn. |
The Surrey-based tycoon, 59, who has a 30% stake in Arsenal football club, owns iron ore producer Metalloinvest. | The Surrey-based tycoon, 59, who has a 30% stake in Arsenal football club, owns iron ore producer Metalloinvest. |
Warner Music's Len Blavatnik comes next in the 25th annual list with £11bn but steel magnate Lakshmi Mittal's £10bn sees him drop from first to fourth. | Warner Music's Len Blavatnik comes next in the 25th annual list with £11bn but steel magnate Lakshmi Mittal's £10bn sees him drop from first to fourth. |
The 1,000 richest people in Britain and Ireland share a wealth of £450bn. | The 1,000 richest people in Britain and Ireland share a wealth of £450bn. |
The highest British-born person in the list is the Duke of Westminster in eighth place with £7.8bn from property. He is the only person to make the top 10 of the list in each of its 25 years. | The highest British-born person in the list is the Duke of Westminster in eighth place with £7.8bn from property. He is the only person to make the top 10 of the list in each of its 25 years. |
Other Britons include Sir Philip and Lady Green, who are 16th in the list with £3.8bn from their retailing empire, and Sir Richard Branson, founder of the Virgin brand, in 19th place, with £3.5bn. | |
Former Miss UK Kirsty Bertarelli shares her £7.4bn pharmaceuticals fortune with husband Ernesto, the same amount as last year, but they have slipped three places down the list to ninth place. | |
In third place are Sri and Gopi Hinduja, of the London-based global conglomerate Hinduja Group, with £10.6bn. | In third place are Sri and Gopi Hinduja, of the London-based global conglomerate Hinduja Group, with £10.6bn. |
Chelsea FC's Russian owner Roman Abramovich, who made his fortune in the oil industry, is down two places to fifth with £9.3bn. | |
There are a record 88 billionaires in the list - compared to 77 last year and just nine when the rich list started in 1989, and the Queen was placed top. | There are a record 88 billionaires in the list - compared to 77 last year and just nine when the rich list started in 1989, and the Queen was placed top. |
Her then wealth of £5.2bn included the Crown Estates and the royal art collection but since 1993 the Queen has been valued only on personal worth for the purposes of the list. | Her then wealth of £5.2bn included the Crown Estates and the royal art collection but since 1993 the Queen has been valued only on personal worth for the purposes of the list. |
The combined wealth of the top 200 people in list is £318.2bn which is more than eight times the figure 25 years ago. | The combined wealth of the top 200 people in list is £318.2bn which is more than eight times the figure 25 years ago. |
Mr Usmanov started his business empire with the manufacture of plastic bags. | Mr Usmanov started his business empire with the manufacture of plastic bags. |
His interests now include Russia's biggest iron ore producer Metalloinvest, a stake in internet business mail.ru and a holding in mobile phone operator MegaFon which became listed on both the London and Moscow stock exchanges last year. | His interests now include Russia's biggest iron ore producer Metalloinvest, a stake in internet business mail.ru and a holding in mobile phone operator MegaFon which became listed on both the London and Moscow stock exchanges last year. |
Mr Usmanov owns Sutton Place in Surrey, the former home of the late oil baron J Paul Getty, as well as a £48m mansion in north London. | Mr Usmanov owns Sutton Place in Surrey, the former home of the late oil baron J Paul Getty, as well as a £48m mansion in north London. |
Mr Blavatnik saw the biggest rise in wealth among those listed with an increase of £3.4bn over the past year. | Mr Blavatnik saw the biggest rise in wealth among those listed with an increase of £3.4bn over the past year. |
The Russia-born media mogul, who now holds US citizenship, sold his stake in Russian oil and gas giant TNK-BP for £2bn last month. | The Russia-born media mogul, who now holds US citizenship, sold his stake in Russian oil and gas giant TNK-BP for £2bn last month. |
India-born Mr Mittal, who topped the list for the past eight years, was the biggest faller in wealth terms after his 40% stake with his wife in steelmaker ArcelorMittal plunged from a peak of £28bn to just under £6bn. | |
Earlier this month former Beatle Sir Paul McCartney was revealed to have topped the Sunday Times Rich List of musicians with the £680m fortune he shares with his wife Nancy Shevell. | Earlier this month former Beatle Sir Paul McCartney was revealed to have topped the Sunday Times Rich List of musicians with the £680m fortune he shares with his wife Nancy Shevell. |
Sir Paul, whose American heiress wife is said to be worth £150m, has topped each music list since 1989 when he was worth an estimated £80m. | Sir Paul, whose American heiress wife is said to be worth £150m, has topped each music list since 1989 when he was worth an estimated £80m. |
Andrew Lloyd Webber was second with £620m and Irish rock band U2 were third with £520m. | Andrew Lloyd Webber was second with £620m and Irish rock band U2 were third with £520m. |