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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

Global conglomerate <keyword id="120582" type="CITY" weightage="80" keywordseo="Hinduja-Group">Hinduja Group</keyword> is making a foray into the <keyword id="6354810" type="ORGANIZATION" weightage="80" keywordseo="Defense">defense</keyword> sector in a "big way" and may soon add it as their eleventh autonomous business to "strengthen <keyword id="3658" type="COUNTRY" weightage="80" keywordseo="India">India</keyword>'s self-security".<br />
<br /> The London-based Hinduja group has the ability to manufacture parts that might be needed in the field of defense equipment, NRI industrialist and <keyword id="44603" type="POSITION" weightage="80" keywordseo="Co-chairman">Co-Chairman</keyword> <keyword id="675132" type="UNKNOWN" weightage="80" keywordseo="Gopi-Hinduja">Gopi Hinduja</keyword> said.<br />
<br /> "We are expanding in a big way in the defense sector because within the group we have the capabilities and facilities for the 'Make in India' concept," he said, referring to the slogan coined by <keyword id="71" type="POSITION" weightage="80" keywordseo="Prime-Minister">Prime Minister</keyword> <keyword id="6354477" type="PERSON" weightage="80" keywordseo="Narendra-Modi">Narendra Modi</keyword> to manufacture as much as possible in India.<br />
<br /> The company may soon add an eleventh "vertical" - defense - to the 10 they already have, namely autonomous businesses in the areas of health, energy, power generation, automotive, <keyword id="25455" type="ORGANIZATION" weightage="80" keywordseo="finance">finance</keyword> ad banking; oil and gas, IT and BPO, media and cable; <keyword id="6354553" type="COMPANY" weightage="80" keywordseo="real-estate">real estate</keyword> and trading.<br />
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He said: "At the moment, we have three companies dealing with defense, but the objective of the group is to centralize manufacturing into one vertical.<br />
<br />
"Defense does not mean I am going to build airplanes or submarines; I am going to provide them (the makers) the facilities that I have; manufacturing parts, designing engineering, local knowledge, expertise. Whatever facilities we have within our companies to whoever is coming to India and wants to do defense business and make something in India.<br />
<br />
"After all, the country needs self-security. Today, India is suffering in a big way because it needs to do much more to protect itself."<br />
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The self-help philosophy that Modi has espoused is one with which the Hindujas agree.<br />
<br />
Gopi said that Modi has "clear cut objectives". "There was a time when India was going to the world for showcasing that India is a good investment destination. Today, the world is coming towards India.<br />
<br />
"If Modi is able to implement 30 per cent of what he is promising, that will be a great success. His problem is tackling the system and culture of so many years - to convert that with the bureaucracy he has inherited takes time.<br />
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"But Mr Modi and his senior cabinet ministers are headed in the right direction. I am confident they will be successful in changing the face of India and that is why we are taking more and more interest in India. We have even enhanced our exposure to India by further 10 per cent," Gopi said.<br />
<br /> In India, the Hindujas have stirred interest by declaring that the group is prepared to <keyword id="47916" type="UNKNOWN" weightage="80" keywordseo="invest">invest</keyword> USD 10 billion in 'Brownfield or distressed projects', for example in the renewable and infrastructure sectors, according to information given in the Asian Rich List 2015 that has the Hinduja brothers on the top.<br />
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Gopi also said that the company has identified four projects in power, two in infrastructure, two in engineering, procurement and construction, and three or four in the defense sector.

This London-based NRI-run conglomerate is making its big-bang foray into India's defense sector. Know more.

<ul class="summary-list"><li>King Charles has a personal fortune worth nearly $750 million, The Sunday Times reported.</li><li>Analysis by the London newspaper found he is worth about $285 million more than the late Queen.</li></ul><p>King Charles has a personal fortune of nearly $750 million, eclipsing the net worth of the late Queen by hundreds of millions of dollars, according to a news report.</p><p>Analysis by The Sunday Times suggested the King is worth £600 million (about $745 million), while his mother had a personal fortune of about £370 million ($460 million) in <a href="https://www.thetimes.co.uk/article/the-queen-net-worth-sunday-times-rich-list-klzm5nngn" target="_blank" rel="noopener">the London newspaper's 2022 Rich List</a> that was released before she died last September.</p><p>An unnamed former advisor to Charles told the newspaper that Charles became scrupulous with his finances in the wake of his high-profile divorce from Princess Diana in 1996 that cost him £17 million (about $21 million today).</p><p>The advisor told The Sunday Times that following his divorce Charles began saving profits from the Duchy of Cornwall, a <a href="https://www.businessinsider.com/prince-william-inherits-british-property-estate-worth-over-1-billion-2022-9">property empire</a> now controlled by his eldest son, Prince William. </p><p>The value of the Duchy of Cornwall rose by <a href="https://www.businessinsider.com/prince-williams-king-charles-property-empire-grew-350-million-decade-2022-9">$350 million in a decade</a> under Charles's stewardship. It generated £23 million ($28.5 million) <a href="https://duchyofcornwall.org/integrated-annual-reports.html#question_2" target="_blank" rel="noopener">in profits last year</a> and £212 million ($263 million) in the decade to 2022. Charles chose to pay income tax on that income.</p><p>However, a large chunk of his fortune comes from the 20,000 acre Sandringham estate in Norfolk, which the newspaper estimated is now worth £245 million. The home and its farmland have been owned by the royals for more than 160 years. </p><div type="image" title="An aerial view of Sandringham House" height="683" width="910" msid="99538179" hostid="261" sizebytes="98958"></div><p>Meanwhile, Balmoral castle and its 50,000 acres in Aberdeenshire, Scotland, which Prince Albert bought for Queen Victoria in 1852, is thought to be worth £210 million ($260 million).</p><p>This year's Rich List will be published in May, yet Charles is unlikely to be placed in the top 250. He is likely to be ahead of <a href="https://www.thetimes.co.uk/article/sunday-times-rich-list-david-and-victoria-beckham-net-worth-f8xz2lzd2" target="_blank" rel="noopener">David and Victoria Beckham</a>, who were worth £380 million ($472 million) in last year's ranking, and Sir Elton John, <a href="https://www.thetimes.co.uk/article/sunday-times-rich-list-elton-john-net-worth-69mlqh9pn#:~:text=Advertisement,%C2%A3395%20million%20this%20year." target="_blank" rel="noopener">who was worth £395 million</a> ($490 million).</p><p>The 2022 Rich List was topped by brothers <a href="https://www.thetimes.co.uk/article/sri-gopi-hinduja-net-worth-sunday-times-rich-list-zrjwlppj5" target="_blank" rel="noopener">Sri and Gopi Hinduja</a>, whose net worth soared by more than £11 billion to £28.5 billion ($35.4 billion) – the biggest fortune in the list's 34-year history. </p><p>King Charles, whose coronation will be held on May 6, developed a reputation for frugality while he waited decades to rise to the throne. This extended to personal behavior, with the then-Prince of Wales known to always switch off lights when he left a room, according to a BBC documentary <a href="https://www.walesonline.co.uk/news/uk-news/prince-harry-lightswitch-obsession-environment-20988974" target="_blank" rel="noopener">reported by Wales Online</a>. </p><p>He also has a <a href="https://uk.style.yahoo.com/king-charles-same-wool-coat-for-40-years-154443382.html" target="_blank" rel="noopener">tendency to wear the same clothes</a>, avoiding excessive spending on new outfits. His frugality could also reflect his <a href="https://www.insider.com/prince-charles-launches-amazon-prime-channel-climate-change-2021-9">environmental consciousness</a>.</p><p>As King, Charles is now in control of the Crown Estate, <a href="https://www.theguardian.com/uk-news/2023/jan/19/cash-and-the-crown-estate-a-look-at-the-british-monarchys-funding-deal#:~:text=What%20is%20the%20crown%20estate%20worth%3F,year%20at%20%C2%A315.6bn." target="_blank" rel="noopener">worth about £15.6 billion</a> ($19.4 billion). The profits of the estate go to the UK government's Treasury, with Charles receiving 25% back.</p><p>The Crown Estate didn't immediately respond to a request for comment from Insider made outside normal working hours.</p>

King Charles has a personal fortune of almost $750 million — hundreds of millions more than the late Queen, report says

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These are the top 25 richest people in Britain

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This London-based NRI-run conglomerate is making its big-bang foray into India's defense sector. Know more.

BI India Bureau

King Charles has a personal fortune of almost $750 million — hundreds of millions more than the late Queen, report says

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