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The <keyword id="19956320" type="General" weightage="20" keywordseo="United-Kingdom" source="keywords">United Kingdom</keyword> hosts a diverse group of individuals and families who have accumulated substantial wealth through various sectors, including industry, finance, retail, and technology. Below is a look at the 25 <keyword id="23033805" type="General" weightage="20" keywordseo="richest-people-in-Britain" source="keywords">richest people in Britain</keyword>, each with their own unique journey to wealth, according to The Sunday Times Rich List 2024.<br /><strong><h2><br /></h2><h2>25. Tom Morris and family</h2></strong>Net Worth: £6.673bn<br /><br />Tom Morris, the founder of Home Bargains, has quietly built a discount retail empire in the UK. Home Bargains has grown to over 500 stores, and Morris’s approach to low-cost, high-volume retailing has earned him and his family a spot among Britain’s wealthiest.<br /><strong><h2>24. Anders Holch Povlsen</h2></strong>Net Worth: £6.73bn<br />Anders Holch Povlsen, a Danish fashion retailer, owns Bestseller, a company with brands such as Vero Moda and Jack &amp; Jones. Povlsen has also become Scotland’s largest landowner.<br /><br /><strong><h2>23. <keyword id="6354819" type="General" weightage="20" keywordseo="Anil-Agarwal" source="Orion">Anil Agarwal</keyword></h2></strong><div type="image" title="Anil Agarwal" agency="BCCL" msid="113051472" hostid="261" sizebytes="1024664"></div>Net Worth: £7bn<br />Anil Agarwal is the founder and chairman of Vedanta Resources, a mining and metals company with operations in India, Africa, and Australia. Agarwal’s rise from a scrap metal trader to a mining tycoon is marked by his aggressive business strategies and expansion into global markets.<br /><br /><strong><h2>22. John Reece</h2></strong><div type="image" title="John Reece" msid="113051663" hostid="261" sizebytes="456630"></div>Net Worth: £7.224bn<br />John Reece is a significant figure in Ineos and is the chief financial officer of the company. Reece's expertise is in finance and management, owing to his Chartered Accountancy background.<br /><br /><strong><h2>21. Andy Currie</h2></strong><div type="image" title="Andy Currie" msid="113051609" hostid="261" sizebytes="455580"></div>Net Worth: £7.257bn<br /><br />Andy Currie is a director of Ineos, the chemicals company founded by Sir Jim Ratcliffe. Currie’s wealth is closely tied to the success of Ineos, where he has played a key role in its strategic direction and expansion into new markets.<br /><br /><strong><h2>20. Denise, John, and Peter Coates</h2></strong>Net Worth: £7.467bn<br /><br />The Coates family founded Bet365, one of the largest online gambling companies in the world. Denise Coates, the driving force behind the company, has built Bet365 into a dominant player in the industry, with significant revenues generated from its online platform.<br /><strong><h2>19. Lord Bamford and family</h2></strong><div type="image" title="Lord Bamford" msid="113051678" hostid="261" sizebytes="1568515"></div>Net Worth: £7.65bn<br /><br />The Bamford family owns <keyword id="107342" type="General" weightage="20" keywordseo="JCB" source="Orion">JCB</keyword>, a leading manufacturer of construction equipment known for its distinctive yellow machines. Under Lord Bamford’s leadership, JCB has grown into a global brand, exporting to over 150 countries and maintaining a strong market presence in the UK.<br /><br /><strong><h2>18. <keyword id="469673" type="General" weightage="20" keywordseo="nicky-oppenheimer" source="Orion">Nicky Oppenheimer</keyword> and family</h2></strong>Net Worth: £7.937bn<br /><br />Nicky Oppenheimer, ex-chairman and once the controlling shareholder of De Beers, sold his family’s stake in the diamond company to Anglo American for $5.1 billion. Since then, Oppenheimer has diversified his investments, focusing on conservation, private equity, and venture capital. <br /><br /><strong><h2>17. Carrie and François Perrodo and family</h2></strong>Net Worth: £9.168bn<br />The Perrodo family’s wealth comes from their privately-held energy company, Perenco, which operates oil and gas fields around the world. François Perrodo, who took over the company after his father’s death, has continued to expand its global footprint, solidifying their position among Britain’s richest.<br /><br /><strong><h2>16. Marit, Lisbet, Sigrid, and Hans Rausing</h2></strong>Net Worth: £9.188bn<br />The Rausing siblings, part of the Tetra Pak dynasty, have expanded their wealth through diverse investments and philanthropy. While their fortune originates from the packaging industry, they have also made significant contributions to charitable causes, particularly in the arts and education.<br /><br /><strong><h2>15. Barnaby and Merlin Swire and family</h2></strong>Net Worth: £9.986bn<br /><br />The Swire family has deep roots in shipping and aviation, with their conglomerate, Swire Group, operating in industries ranging from property to beverages. Barnaby and Merlin Swire oversee a global empire that includes Cathay Pacific Airways and significant property holdings in Hong Kong.<br /><br /><strong><h2>14. The Duke of Westminster and the Grosvenor family</h2></strong>Net Worth: £10.127bn<br />The Duke of Westminster, Hugh Grosvenor, inherited a vast real estate empire that includes prime properties in London's Mayfair and Belgravia. The Grosvenor family’s wealth is tied to their vast land holdings and investments, managed through the Grosvenor Group.<br /><br /><strong><h2>13. Charlene de Carvalho-Heineken and Michel de Carvalho</h2></strong>Net Worth: £11.751bn<br /><br />Charlene de Carvalho-Heineken, the controlling shareholder of Heineken, along with her husband Michel de Carvalho, manages one of the world’s largest brewing companies. Their wealth is underpinned by the global reach of Heineken, which operates in over 70 countries.<br /><br /><strong><h2>12. Michael Platt</h2></strong>Net Worth: £12bn<br />Michael Platt is a hedge fund manager and the co-founder of BlueCrest Capital Management. Once one of the world’s largest hedge funds, BlueCrest now operates as a private investment firm, with Platt’s fortune growing from his successful investment strategies and management fees.<br /><br /><strong><h2>11. Alex Gerko</h2></strong>Net Worth:  £12.055bn<br /><br />Alex Gerko, a mathematician turned financier, made his fortune through algorithmic trading. He is the founder of XTX Markets, one of the world’s largest electronic trading firms. Gerko's innovative approach to trading has positioned him as a significant figure in the finance industry, with a rapidly growing net worth.<br /><br /><strong><h2>10. Kirsten and Jorn Rausing</h2></strong>Net Worth: £12.634bn<br /><br />The Rausing family, heirs to the Tetra Pak fortune, continue to benefit from the global success of the packaging company. Kirsten and Jorn Rausing have also ventured into philanthropy and have stakes in various other businesses, maintaining their status among the wealthiest in the UK.<br /><br /><strong><h2>9. John Fredriksen and family</h2></strong>Net Worth: £12.867bn<br />Norwegian-born shipping magnate John Fredriksen has a net worth built on his dominance in oil tanker shipping. He owns the world’s largest oil tanker fleet through his company Frontline and has substantial stakes in offshore drilling, fish farming, and other maritime sectors.<br /><br /><strong><h2>8. Guy, George, Alannah, and Galen Weston Jr and family</h2></strong>Net Worth: £14.493bn<br /><br />The Weston family has long been involved in retail, owning well-known brands such as Selfridges, Primark, and Fortnum &amp; Mason. Their wealth is not only tied to these retail ventures but also to their vast land holdings and investments in the food industry.<br /><br /><strong><h2>7. <keyword id="29201" type="General" weightage="20" keywordseo="Lakshmi-Mittal" source="Orion">Lakshmi Mittal</keyword> and family</h2> </strong><div type="image" title="Lakshmi Mittal" agency="BCCL" msid="113051708" hostid="261" sizebytes="1017200"></div>Net Worth: £14.921bn<br /><br />Lakshmi Mittal, a steel tycoon, transformed a small family steel business into ArcelorMittal, the world’s largest steel producer. Despite facing challenges in the steel industry, Mittal remains one of Britain's wealthiest individuals, with his family holding extensive investments in real estate, including properties in London’s prestigious Kensington Palace Gardens.<br /><br /><strong><h2>6. Idan Ofer</h2></strong>Net Worth: £14.96bn<br />Israeli billionaire Idan Ofer made his wealth through holdings in shipping and energy. His company, Quantum Pacific Group, owns significant stakes in the shipping firm ZIM and the energy company Pacific Drilling. Ofer’s influence extends to football, with ownership stakes in the Spanish club Atlético Madrid.<br /><br /><strong><h2>5. Sir James Dyson and family</h2> </strong>Net Worth: £20.8bn<br /><br />Sir James Dyson revolutionized the home appliance market with his innovative vacuum cleaners, hand dryers, and bladeless fans. His company, Dyson Ltd, continues to expand into new areas such as electric vehicles and robotics, reflecting Dyson's relentless pursuit of innovation.<br /><br /><strong><h2>4. Sir Jim Ratcliffe</h2></strong><div type="image" title="Sir Jim Ratcliffe" msid="113051750" hostid="261" sizebytes="459440"></div>Net Worth: £23.519bn<br /><br />Sir Jim Ratcliffe, the founder and chairman of the chemical company Ineos, is one of the most prominent industrialists in Britain. Starting as a chemical engineer, Ratcliffe built Ineos into a global giant with operations in chemicals, oil and gas, and automotive, including the recent acquisition of the British brand, Grenadier.<br /><br /><strong><h2>3. David and Simon Reuben and family</h2></strong>Net Worth: £24.977bn<br /><br />The Reuben brothers, David and Simon, have amassed their wealth through real estate, particularly in London's lucrative property market. Originally making their fortunes in metals and commodities, the Reubens have since transitioned into property, owning prime real estate across London, including iconic locations like Millbank Tower and the Burlington Arcade.<br /><br /><strong><h2>2. Sir Leonard Blavatnik</h2></strong>Net Worth: £29.246bn<br /><br />Sir Leonard Blavatnik, a Ukraine-born American-British billionaire, built his fortune through diversified investments in industries such as oil, gas, and media. A major shareholder in Warner Music Group, Blavatnik's wealth also stems from his private equity firm, Access Industries, which has stakes in a wide array of sectors including chemicals, technology, and real estate.<br /><br /><strong><h2>1. <keyword id="675132" type="General" weightage="20" keywordseo="Gopi-Hinduja" source="Orion">Gopi Hinduja</keyword> &amp; family</h2></strong><div type="image" title="PP Hinduja and Ashok P. Hinduja" agency="BCCL" msid="113051799" hostid="261" sizebytes="944901"></div>Net Worth:£37.196bn<br /><br />Leading the wealth rankings, the Hinduja family, under Gopi Hinduja's leadership, has a vast empire spanning banking, energy, automotive, and more. The Hinduja Group’s origins trace back to India, and today, the family's business interests are spread across 38 countries, with significant assets in the UK.<br /><br /><br /><br />

These are the top 25 richest people in Britain

<ul><li><keyword id="29201" type="PERSON" weightage="20" keywordseo="Lakshmi-Mittal">Lakshmi Mittal</keyword>, a wealthy Indian business tycoon, is the CEO of ArcelorMittal, the largest steelmaking company in the world.</li><li>Headquartered in Luxembourg, the merger of two firms - Arcelor and Mittal Steel led to the formation of ArcelorMittal in 2006. It was one of the largest mergers in the world. </li><li>Mittal has achieved renowned fame in the world for turning sick steel companies into profitable ventures, a feat that has amazed his peers and the industry.</li></ul><br /><strong>Lakshmi Mittal’s education and career</strong><br /><br />Mittal studied at St.Xavier’s College in Kolkata while working at the steel mill owned by his father. In 1970, he joined the mill as a trainee, and in 1976 opened a steel mill in Indonesia. In 1989, Mittal purchased the <a href="https://www.britannica.com/biography/Lakshmi-Mittal">state-owned steelworks in Tobago and Trinidad</a>, which were making an enormous loss. He turned them into profitable ventures in just a year. Since then, he has been buying several sick companies in the steel arena and turned them into top-performing enterprises. <br /><br /><br /><strong>One of the wealthiest citizens in London</strong><br /><br />Mittal is amongst the wealthy and most influential citizens in London.  He is known for his lavish lifestyle and the extravagant wedding he organised for his daughter, Vanisha Mittal in 2004. One of the wedding functions was held at the Palace of Versailles. It is said that he was the first person to hold a private event in this palace. <br /><br /><br /><strong>Steel magnate's luxurious home </strong><br /><br />From his humble beginnings to being named as the world's richest person in 2005, it has been an inspiring journey. Mittal’s 12-bedroom mansion is located at 18-19 Kensington Palace Gardens. This is known to be one of the most expensive houses in the world. His house is decorated with the same marble that was used in the construction of the Taj Mahal. In fact, this marble was excavated from the same mine from where Shah Jahan brought it out.<br /><br /><br /><strong>Recipient of numerous awards</strong><br /><br />Lakshmi Mittal is a recipient of several prestigious awards. He secured the Forbes Lifetime Achievement Award in 2008 and was honored with the European Businessman of the Year award in 2004.<br /><br /><br /><strong>A member of important boards </strong><br /><br />Since 2008, Mittal has been on the board of directors at Goldman Sachs. He is also a member of the board of Directors of the European Aeronautic Defense and Space Company. He is an important part of the World Steel Association's executive committee and a well-known member in different councils including the Indian Prime Minister's Global Advisory Council, the Presidential International Advisory Board of Mozambique, the Foreign Investment Council in Kazakhstan, and the World Economic Forum's International Business Council.<br /><br /><br /><br /><br />An accomplished philanthropist<br /><br />He created the Mittal Champions Trust to encourage and sponsor 10 Indian athletes who demonstrated great potential, to lift the pride of India in the world forum. In 2008, Mittal bestowed Abhinav Bindra with Rs. 1.5 crore when he secured India its first Olympic gold medal for individuals in shooting. For the 2012 Summer Olympics, ArcelorMittal financed the construction of ArcelorMittal Orbit. Mittal also joined hands with the government of Rajasthan in 2003 and instituted the LNM Institute of Information Technology (LNMIIT) in Jaipur, which is an autonomous non-profit organization. In 2008, Mittal gifted around <a href="https://www.indiatoday.in/education-today/gk-current-affairs/story/lakshmi-mittal-14267-2016-06-15">15 million pounds (Rs 1,129,621,164)</a> to Great Ormond Street Hospital in London. Deemed as the largest private donation that the hospital has received, the amount was used to fund the Mittal Children's Medical Centre.<br /><br /><br />

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These are the top 25 richest people in Britain

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