Britain has more billionaires than anywhere else in the world, new Rich List shows
BRITAIN now has more billionaires than any other country in the world as the number rises to more than 100 for the very first time.
The UK now has more billionaires per head of the population than any other country
The UK now has more billionaires per head of the population than any other country in the world and London has more than any other city with 72.
The combined wealth is also said to have leapt up from £245bn last year and it is the first time since 2008 that the minimum wealth of the 50 richest people in the UK has exceeded £1.5bn.
A fortune of £1.7bn is now required to make the top 50 – up from £700m 10 years ago.
At the very top of the list are Indian-born brothers Srichand Hinduja, 78, and Gopichand Hinduja, 74, who have amassesd a wealth of £11.9bn.
Sri, who is the eldest of four brothers, chairs the Hinduja Group, a multinational conglomerate with interests in oil, automotive, banking, property, and media.
His charitable donations have exceeded £114m in the past year alone and make him one of the world's most active philanthropists.
The Duke of Westminster – Gerald Grosvenor – is the richest Briton on the list with a fortune of around £8.5bn, up £700m from last year and sitting comfortably in tenth place.
He has a property empire spanning from London to Liverpool and his son, Hugh, Earl Grosvenor, is one of the seven godparents to Prince George.
There are 14 women among the Rich List billionaires with Kirsty Bertarelli topping the list with her husband Ernesto and a fortune of £9.75bn.
Actress Salma Hayek and husband Francois-Henri Pinault enter the list for the first time at number 41 with a wealth amassing £2.385bn thanks to their fashion and film ventures.
Musical producer Sir Cameron Mackintosh makes his first appearance in the Rich List as a billionaire with a fortune of £1bn, up £175m from last year.
He is the driving force behind some of the most popular musicals ever made, including Cats, Miss Saigon and Les Miserables. His charity, The Mackintosh Foundation, gave away just under £450,000 last year, including £216,000 to performing arts projects.
The full Sunday Times Rich List is published on 18 May.
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