blinkx
  • browse

00:01:25

ITN

Super-rich list revealed


Super-rich list revealed

The collective wealth of the UK's top 1,000 multimillionaires grew by nearly £53 billion last year.According to The Sunday Times Rich List 2008, the cash boost means they now sit on a fortune of £412.8 billion - an annual increase of nearly 15 per cent.The UK is now home to some 75 billionaires - up from 68 in 2007 - 40 of whom arrived from overseas to settle in the country.Topping the list for the fourth year running is steel tycoon Lakshmi Mittal with a personal wealth of £27.7 billion, up more than £8 billion.He is followed by Chelsea owner Roman Abramovich. The Russian oil and industry tycoon saw his fortune increase from £10.8 billion to £11.7 billion this year.Among the fallers is Virgin boss Sir Richard Branson. The value of his transport, Internet and mobile phone empire fell by £400 million to £2.7 billion.It saw him slump from 11th in 2007 to 20th in the latest report.The owner of the strike-hit Grangemouth refinery, Ineos chemicals billionaire Jim Ratcliffe, experienced an even greater dive down the list.Higher energy costs and more competition from the Middle East resulted in Mr Ratcliffe falling from 10th last year to 25th.New entrants in this year's top ten include steel and mines magnate Alisher Usmanov comes in at five with £5.726 billion.One place below are Ernesto and Kirsty Bertarelli. The former Miss UK winner and her husband sit on a fortune of £5.65 billion built on pharmaceuticals.The top 1,000 wealth creators included 762 self-made millionaires.Britain's super rich needed a personal wealth of more than £80 million to feature in this year's list, up £10 million on last year.

ITN | April 27, 2008

Tags:. .uk. .sunday. .per. .mr. .jim










Abramovich   According   Among   Annual   Arrived   Below   Billion   Billionaire   Billionaires   Boost   Boss   Branson   Built   Cash   Cent   Chelsea   Chemicals   Collective   Competition   Costs   Creators   Dive   East   Empire   Energy   Entrants   Ernesto   Experienced   Fallers   Fell   Fortune   Fourth   Greater   Grew   Higher   Husband   Increase   Industry   Jim   Kirsty   Lakshmi   List   Magnate   Middle   Mines   Mittal   Mobile   Mr   Multimillionaires   Oil   Overseas   Owner   Per   Pharmaceuticals   Phone   Refinery   Resulted   Revealed   Rich   Richard   Roman   Russian   Saw   Selfmade   Settle   Sir   Sit   Slump   Steel   Sunday   Ten   Transport   Tycoon   Uk   Uks   Value   Virgin   Wealth   Whom   Winner