It has been a tougher year than usual for Britain's super-rich, with many suffering the worst hammering of their fortunes since the financial crash eight years ago.
The Sunday Times Rich List published on Sunday 24th April, features several names who have dropped down the board since last year's compilation, including Steel magnate Lakshmi Mittal, owner of ArcelorMittal, who held the top slot in 2008 with £27.7bn, but now has a fortune of £7.12bn and is number 11 on this year's list. The Mittals' previous vast wealth was the biggest fortune achieved by anyone on the list before or since UK, Earlier this month it was reported that ArcelorMittal board member Wilbur Ross could be among investors expected to be contacted about buying some of Tata's business interests in the UK.
But interestingly the top of the 2016 guide to the Sunday Times Rich list are property tycoons Reuben brothers, who have a fortune of £13.1bn and have increased their fortune by £3.4bn in the past year. Though technically not Indians by origin, Mumbai born brothers' property portfolio includes the Millbank Tower and dozens of West End properties and have topped the Sunday Richlist for the first time. It shows that the booming property values have helped to bring real estate billionaires up the list of Britain's richest people, replacing steel and mining magnates.
Brothers Sri and Gopi Hinduja, who run the Hinduja Group, remain in second place as last year with an unchanged fortune of £13bn. There are also a record 125 women on this year's top 1,000 list.
In current circumstances, though Britain's most generous philathropists have given away money to charity like every year, it has been noted that the amounts in comparison have been considerably smaller. There are also many who can afford charity, yet have refrained from doing so.
This richlist below is not exhaustive, as there are some who should feature, but choose to keep away from the limelight.
