Beckhams and Gallagher Brothers Join UK Rich List
Sir David Beckham and Oasis siblings Noel and Liam Gallagher have been included for the first time in the annual Sunday Times Rich List, which ranks the 350 wealthiest individuals and families in the UK.
The combined wealth of Sir David Beckham and his wife, Lady Victoria Beckham, is estimated at £1.1 billion, while the Gallagher brothers' fortune is valued at approximately £375 million.
Top of the List
For the fifth year running, the richest individuals are Sanjay and Dheeraj Hinduja, whose joint fortune stands at £38 billion. The brothers oversee the Hinduja Group, a conglomerate with global interests spanning oil, gas, banking, and transportation.
This year's most notable wealth increases belong to Nik Storonsky, co-founder of fintech company Revolut, and trading entrepreneur Alex Gerko.
Ranking of the UK's Wealthiest
The top ten richest people and families in the UK are as follows:
- Sanjay and Dheeraj Hinduja and family (£38bn)
- David and Simon Reuben and family (£27.9bn)
- Sir Leonard Blavatnik (£26.8bn)
- Guy, George, Alannah and Galen Weston and family (£18.9bn)
- Christopher Harborne (£18.1bn)
- Sir Jim Ratcliffe (£15.1bn)
- Igor and Dmitry Bukhman (£14.2bn)
The Sunday Times Rich List notes that there are currently 157 billionaires in the UK, a decrease of 20 compared to four years ago.
Notable Individuals and Changes
Among the billionaires is King Charles, whose estimated wealth has increased by £40 million to £680 million, elevating him to position 230 on the list. This places him ahead of former Prime Minister Rishi Sunak and his wife Akshata Murty, who have a combined estimated worth of £563 million.
Significant declines in wealth include inventor Sir James Dyson, whose fortune fell from £20.8 billion to £12 billion, a decrease of £8.8 billion, and Manchester United co-owner Sir Jim Ratcliffe, whose wealth dropped from £17 billion to £15.19 billion.
A new entrant to the list is Emily Eavis, organiser of the Glastonbury Festival, and her family, with an estimated fortune of £400 million.
"As much as there is talk about our profit, which we do still need to have in order to recover and also to get land, we also try to give away as much money as we can, which is really, I think, at the heart of it. Imagine if we tried to sell it [the festival]. It would be awful. It would be the end. I'd rather literally die before that happens. I mean, it just can't happen."
Other Notable Names on the List
Well-known figures appearing in the annual survey include Sir Elton John, Lord Lloyd-Webber, Sir Mick Jagger, Keith Richards, J.K. Rowling, Charlotte Tilbury, Sir Brian May, and Sir Lewis Hamilton.
The Sunday Times also reports that at least 15 foreign nationals who were on last year's list have been removed due to relocating outside the UK. Additionally, nearly one-third of UK citizens featured no longer reside on the British mainland.
Exodus of Wealth
Robert Watts, the compiler of the list, described this year's Rich List as "a tale of two exoduses."
"One in six of the individuals and families who appeared on the list two years ago don't feature this time. Many foreign billionaires who have been living in the UK have also dropped out because they have moved away. We have also seen a sharp rise in the number of British nationals now resident in Dubai, Switzerland and Monaco. As UK nationals these people remain on our Rich List - wherever they now live."
40 Under 40 Rich List
Boxer Tyson Fury is among the newcomers to the Sunday Times' 40 under 40 Rich List. Thirty-four of those featured have self-made fortunes, with nearly a third connected to London-based artificial intelligence start-ups.
The top position is held by the UK's youngest billionaire, 33-year-old Ben Francis, who is worth an estimated £800 million. Francis left university to focus on his sportswear company Gymshark.
