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Hinduja family tops UK's Sunday Times Rich List for fourth year; check out the full list of billionaires

Hinduja family tops UK's Sunday Times Rich List for fourth year; check out the full list of billionaires

Time of India20-05-2025

The richest people and families in the UK for 2025 have been revealed, and several of the nation's highest-ranked billionaires have held their positions even as the economic climate has changed.
The
Hinduja family
have topped the
Sunday Times Rich List
for the fourth year in a row, though their wealth has fallen. The family of Gopi Hinduja and who head Indian conglomerate Hinduja Group are worth £35.3 billion.
This year's list also demonstrates a further decrease in the number of billionaires in the UK, falling from 165 to 156, a third successive year of decline. This has been associated with the condemnation of the new Labour government's policies.
Some of the richest are household names, including inventor Sir James Dyson and Manchester United part-owner Sir Jim Ratcliffe. Below are the 20 wealthiest people and families in the UK.
List of wealthiest billionaires in UK 2025
Rank
Name
Wealth (£ Billion)
Source of Wealth
1
Gopi Hinduja and Family
£35.3
Hinduja Group (banking, media, energy)
2
David and Simon Reuben and Family
£26.87
Property, technology (Reuben Brothers private equity firm)
3
Sir Leonard Blavatnik
£25.73
Investments in Russia (Warner Music, various other sectors)
4
Sir James Dyson and Family
£20.8
Dyson (vacuum cleaners, beauty products, technology)
5
Idan Ofer
£20.12
Shipping, energy, stake in Atletico Madrid
6
Guy, George, Alannah and Galen Weston and Family
£17.75
Retail (Associated British Foods, Primark)
7
Sir Jim Ratcliffe
£17.05
Ineos (chemicals, part-owner of Manchester United)
8
Lakshmi Mittal and Family
£15.44
ArcelorMittal (steel manufacturing), property, sports (Queen's Park Rangers)
9
John Fredriksen and Family
£13.68
Shipping, oil tankers, investments in fish farming and drilling rigs
10
Igor and Dmitry Bukhman
£12.54
Mobile games (Gardenscapes, Fishdom)
11
Kirsten and Jorn Rausing
£12.51
Tetra Laval (packaging), horse racing
12
Michael Platt
£12.5
Hedge funds (BlueCrest Capital Management)
13
Charlene de Carvalho-Heineken and Michel de Carvalho
£10.09
Heineken (beer industry)
14
Duke of Westminster and the Grosvenor Family
£9.88
Grosvenor Estate (property development, inheritance)
15
Lord Bamford and Family
£9.45
JCB (construction equipment), political donations
16
Denise, John, and Peter Coates
£9.44
Bet365 (online gambling)
17
Carrie and Francois Perrodo and Family
£9.3
Perenco (oil industry, family-owned company)
18
Barnaby and Merlin Swire and Family
£9.25
Swire Group (property, transport, industrials)
19
Marit, Lisbet, Sigrid, and Hans Rausing
£9.09
Tetra Pak (packaging, food storage)
20
Alex Gerko
£8.75
XTX Markets (algorithmic trading)
Source: Sunday Times Rich List
Top 20
richest people and families in UK
Gopi Hinduja and Family – £35.3 Billion
The Hinduja family, whose fortune is rooted in their Mumbai-headquartered Hinduja Group, which deals in businesses ranging from banking to media and energy, lost their wealth from £37.2 billion. The family employs approximately 200,000 people around the world.
David and Simon Reuben and Family – £26.87 Billion
The Reuben brothers, who were born in Mumbai and grew up in the UK, made their fortunes through property and technology investments through their private equity company, Reuben Brothers.
Sir Leonard Blavatnik – £25.73 Billion
Sir Leonard Blavatnik, who hails from Ukraine, made his fortune in Russia and diversified abroad. He made a big splash in 2020 when he took Warner Music public after buying it in 2011.
Sir James Dyson and Family – £20.8 Billion
Sir James Dyson, Dyson's founder, is best known for having invented the bagless vacuum.
He has also ventured into the beauty business, building popular hair grooming devices. Sir James has denounced UK tax policies over the recent past and has vast tracts of farmland.
Idan Ofer – £20.12 Billion
Israeli tycoon Idan Ofer, the son of shipping tycoon Sammy Ofer, has made his money through investments in shipping, oil, and a major holding in Atletico Madrid.
Guy, George, Alannah, and Galen Weston and Family – £17.75 Billion
The Weston family made their fortune from retail investments, such as a significant holding in Associated British Foods, which owns Primark.
Their wealth increased by more than £3 billion in the last year.
Sir Jim Ratcliffe – £17.05 Billion
Manchester United co-owner Sir Jim Ratcliffe, who is the owner of Ineos, an international chemicals firm, has lost £6.47 billion in wealth. He also has control of football operations at the club and has been criticized for his spending choices.
Lakshmi Mittal and Family – £15.44 Billion
Indian-born Lakshmi Mittal is the chairman of ArcelorMittal, the global leader in steel production. He has several luxurious residences, among them in Kensington Palace Gardens, and part-owns Queen's Park Rangers football club.
John Fredriksen and Family – £13.68 Billion
Norwegian shipping tycoon John Fredriksen owns oil tankers and has stakes in fish farming, drilling rigs, and dry bulk shipping.
Igor and Dmitry Bukhman – £12.54 Billion
The Bukhman brothers, whose riches this year almost doubled, made their millions from mobile games such as Gardenscapes and Fishdom.
Kirsten and Jorn Rausing – £12.51 Billion
Kirsten Rausing's fortune originates from Tetra Laval, a packaging firm that transformed the drinks sector. She is also a horse racing enthusiast, while her husband, Jorn, co-owns Tetra Laval.
Michael Platt – £12.5 Billion
BlueCrest Capital Management, a hedge fund firm founded by hedge fund manager Michael Platt, is among the largest and most successful hedge funds in the world. His company made substantial gains from investments in currency and bond markets following the election of Donald Trump.
Charlene de Carvalho-Heineken and Michel de Carvalho – £10.09 Billion
Charlene inherited a shareholding in Heineken from her father, the late Freddy Heineken. Her husband Michel, a former Olympic skier, sits on the board of the company.
Duke of Westminster and Grosvenor Family – £9.88 Billion
Youngest Duke of Westminster Hugh Grosvenor, 34, took over the prominent Grosvenor Estate in 2016. He is the wealthiest person under 40 in the UK.
Lord Bamford and Family – £9.45 Billion
Lord Bamford owns JCB, a large manufacturer of construction equipment. His fortune and clout are also backed by his political contributions and his role as chairman of the Centre for Policy Studies.
Denise, John, and Peter Coates – £9.44 Billion
The Coates have built Bet365, one of the largest online gambling firms in the world, up from Peter Coates' initial chain of bookmaker's shops.
Carrie and Francois Perrodo and Family – £9.3 Billion
Following the death of her husband Hubert, Carrie Perrodo took over Perenco, which is among the world's biggest family-owned oil firms. Her son, Francois, now leads the firm.
Barnaby and Merlin Swire and Family – £9.25 Billion
The Swire family fortune stems from their business empire, Swire Group, which crosses industries such as property, transport, and industrials. Barnaby and Merlin Swire are sixth-generation heirs of the firm's founder.
Marit, Lisbet, Sigrid, and Hans Rausing – £9.09 Billion
The fortune of the Rausing family comes from Tetra Pak, a packing firm. Marit, the wife of Hans Rausing, and daughters Lisbet and Sigrid possess a vast fortune.
Alex Gerko – £8.75 Billion
Russian-born XTX Markets founder Alex Gerko saw his wealth decline by more than £3 billion because of market fluctuations. He has offices all over the world, including New York and Paris.

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