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Time of India
20-05-2025
- Business
- Time of India
Hinduja family tops UK's Sunday Times Rich List for fourth year; check out the full list of billionaires
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.


Scottish Sun
16-05-2025
- Entertainment
- Scottish Sun
Made in Chelsea star, porn heiress & beauty tycoon raised on council estate…young millionaires on Sunday Times Rich List
One tycoon worth £250million left school with no GCSEs CHEQUE THEM OUT Made in Chelsea star, porn heiress & beauty tycoon raised on council estate…young millionaires on Sunday Times Rich List Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) WHILE Britain's richest are getting less wealthy, the under-40s are getting much richer. The annual Sunday Times Rich List is out this weekend, and to get on the list of the 40 richest people under 40, you now have to be worth a staggering £100million. Sign up for Scottish Sun newsletter Sign up 23 At 29, pop superstar Dua Lipa is the youngest name on the list Credit: Dua Lipa/Instagram 23 Georgia Toffolo is on the list for the first time, thanks to her marriage to BrewDog boss James Watt Credit: Instagram 23 Paige Williams grew up on a council estate and has now found herself on the rich list Credit: Instagram/plouise1 The minimum amount needed has almost doubled from £56million this time last year. And the billionaire Duke of Westminster is no longer the country's richest person under 40. The top spot has been taken by Russian-born Dmitry Bukhman, who made his £12.54BILLION fortune from video games. Many of the top 40 owe their mega wealth to technology, but there are still plenty of stars on the list, including Harry Styles, Rory McIlroy, Adele, Harry Kane and Anthony Joshua. At 29, Dua Lipa is the youngest with an estimated wealth of £115million and Ed Sheeran is the richest musician under 40 with a £370million fortune. It has been a good year for the Manchester brothers, George and Mike Heaton, founders of the streetwear label Represent, whose £180 hoodies and £110 T-shirts have been worn by Kim Kardashian, Justin Bieber and Dua Lipa. Ex-Made in Chelsea star Georgia Toffolo enters the list at £425million thanks to her marriage to BrewDog founder James Watt. Brewery boss James tells the Sunday Times: 'Georgia is the outcome of one of my worst-ever investments. I have a portfolio of about 20 small businesses. "One of them fell by the wayside but the founder of that business knew Georgia and set us up. So, I may have lost £150,000, but I gained a wife.' Here, we reveal the full list of the under 40s raking it in. 1. Dmitry Bukhman - £12.45billion Inside the Lavish Life of Billionaire Hugh Grosvenor 23 Dmitri Bukhman, right, and his brother Igor are founders of Playrix Holding Ltd Credit: Getty 23 The pair, who now live in London, employ more than 3,000 people Credit: Playrix Russian-born Dmitry, 39, and brother Igor, 43, learnt to code on an old PC that belonged to their grandfather. At school, they developed a video game, making $60 in the first month. Dmitry says: 'There were people buying it from America. I could not believe it — I was 16.' The brothers now live in London, and their mobile gaming firm Playrix, whose hits include Fishdom and Township, employs more than 3,000. 2. Duke of Westminster - £9.884billion Newlywed Hugh Grosvenor, 34, inherited his title and a vast property empire aged 25. While the family still owns 300 acres of Mayfair and Belgravia, a slump in London property values has knocked £300 million off Grosvenor's wealth in the last year. 3. Lady Charlotte Wellesley - £2.661billion 23 Lady Charlotte Wellesley is worth a jaw-dropping £2.661billion Credit: Rex Duke of Wellington's daughter Charlotte, 34, saw her fortune rise £400million since last year. She is married to American-Colombian banker and brewing heir Alejandro Santo Domingo, 48. 4. Herman Narula £780million Dubbed the 'toff of tech' Narula, 37, is a leading thinker on how technology and AI are changing our lives. He started his virtual worlds company, Improbable, as a student. His wealth is the same as year. 5. Ben Francis £726million 23 Ben Francis' Gymshark is now worth an eye-watering £1billion Credit: Instagram/benfrancis After taking sewing lessons from his mother, Ben Francis, 32, and his business partner, Lewis Morgan, turned sports kit retailer Gymshark into a £1 billion business. But profits have been hit lately, and his wealth is only £1million more than last year. 6. Fawn and India Rose James - £718million 23 India Rose James and Fawn Lawson are the granddaughters of porn king Paul Raymond Credit: Getty Granddaughters of porn baron Paul Raymond, Fawn, 39, and India Rose, 33, inherited a property empire including 60 acres of Soho. Prices in the London neighbourhood have slumped, cutting their fortune from £750million last year. 7. Oliver and Alexander Kent-Brabham -£704million At age 12, the twins, now 33, began selling golf balls they fished out of a lake. Now they own car insurer Marshmallow. Revenues have jumped by almost 75 per cent, sending their wealth up £250million in a year. 8. Thomas Hartland-Mackie - £687million Swiss-born Hartland-Mackie, 36, runs his family's electrical products business, City Electric Supply, which was founded in a stable in Coventry. 9. Mati Staniszewski - £665million Watching badly dubbed US films in their native Poland inspired Staniszewski, 30, and Piotr Dabkowski to set up ElevenLabs. The firm turns text into human-like speech in 32 languages. 9= Piotr Dabkowski - £665million Dabkowski, 30, and business partner Staniszewski have banned users of their £2.7 billion audio platform ElevenLabs, from using the software to 'impersonate or harm others'. 11. Alex Kendall £439million Kendall, 32, who is new to the list, founded tech firm Wayve, which develops AI software for driverless cars. In the last year, he raised $1billion in investment for the firm. 12. Georgia Toffolo - £425million 23 Georgia Toffolo wed James Watt earlier this year - they are worth £425million Credit: Not known, clear with picture desk Made in Chelsea star Georgia, 30, married brewing baron James Watt, 43, in March. Former winner of I'm a Celebrity, Toffolo, set up her talent agency in 2019. Most of the couple's wealth stems from Watt's 21.7 per cent stake in beer group Brewdog. 13. Ed Sheeran - £370million 23 Ed Sheeran is the wealthiest musician on the list this year Credit: PA Despite a quiet year, Sheeran, 34, saw his fortune rise £30million. His single Azizam, from his eighth studio album, Play, was released last month and went to No. 3 in the UK. 14. Tom and Phil Beahon - £350million Brothers Tom, 35, and Phil, 32, founded sports clothing firm Castore after quitting careers in football and cricket. England's rugby team are the latest team to wear their kit. Their wealth rose by £16million last year. 15. Timothy Goodwin and family - 308million Timothy Goodwin, 34, chairs the family engineering business in Stoke on Trent that makes parts for the defence and mining industries. Their wealth has risen £63million. 16. Ayman Rahman and Fateha Begum - £307million Profits are down more than 30 per cent at Dare, the energy trading operation Rahman, 34, runs with his wife, Begum, 37. The couple, originally from Devon, have seen their wealth fall by almost £100million. 17. Amar Shah £264million New to the list, Shah, 37, set up the driverless car venture Wayve with Alex Kendall - ranked 11th - in 2017. The former banker is now with Charm Therapeutics, a pharmaceutical firm. 18. Alex Loven - £262million Lovén, 36, saved up £13,000 from shifts at a builder's merchants during his teens to buy a shipment of goal nets. His 'woke-free firm' Net World Sports, based in Wrexham, sells football goals, and Loven's wealth is up £62million this year. 19. Rory McIlroy - £260million 23 Rory McIlroy is one of the wealthiest sportspeople in the country Credit: EPA Last year McIlroy, 36, was 13th on the list with a £225million fortune. Now he is now worth £35million more. The bulk of Masters-winner McIlroy's fortune is from sponsorship deals, including Nike and Omega. He also has property in Dubai, New York and Florida. 20. Dan and Melanie Marsden - £253million 23 Despite a drop in sales, Dan and Melanie Marsden are worth £253million Credit: Instagram/loungefounders Their fortune is up by more than £100million, despite a drop in sales at their Solihull lingerie firm, Lounge Underwear. Married couple Dan, 33, and Melanie, 32, took a £10.2million dividend last year. 21. Chris Phillips - £250million Chris, 39, who left school without a GCSE, built a website design business. He launched Just Develop It, an investment company that has funded at least 100 start-ups. 22. Harry Styles - £225million 23 Pop star Harry Styles' bank balance has had a £50million boost since last year Credit: Getty Singer and actor Harry, 31, whose wealth has grown £50million since last year's Rich List, is working on a fourth studio album. The Redditch-born star said he was 'truly devastated' by the death of his former One Direction bandmate Liam Payne last October. 23. Martin Kissinger - £200million German-born Kissinger, 35, moved to London in his teens. In 2014, he set up Lendable, a provider of loans that uses AI to identify low-risk clients who can be charged less interest. His wealth has stayed the same, and he has dropped nine places in the list. 24. Anthony Joshua - £195million 23 Anthony Joshua's fortune has risen by £20million since last year Credit: Getty Former world heavyweight champion AJ, 35, is reported to have bagged £25 million from his defeat by Daniel Dubois. Joshua, from Watford, has a £100 million property portfolio, and his wealth has risen £20million since last year when he was ranked 17th. 25. James Asquith - £183million Asquith once held the Guinness World Record for the youngest male to visit all 196 sovereign countries on the planet. James, 35, runs Holiday Swap, an Airbnb rival that was valued at £300 million in 2022. 26. Adele - £170million 23 Although Adele has dropped seven places from last year's list, she's still worth £170million Credit: Instagram/@adele Adele – number 19 on last year's Rich List - has dropped seven places as her wealth is unchanged from last year. She is now based in Beverly Hills with sports agent fiancé, Rich Paul. Adele, 37, made a surprise return to the UK music scene earlier this year when her debut single Hometown Glory re-entered the charts almost 18 years on from its first release. 27. Tom Blomfield - £166million 23 Tom Blomfield, who is the founder of digital bank Monzo, is worth £166million Credit: David Cotter/Monzo Blomfield, 39, co-founded two giant tech firms within five years — GoCardless, which helps businesses to automate payments and digital bank Monzo. He lives in San Francisco. 28. Barney Hussey-Yeo - £161million Hussey-Yeo, 35, set up Cleo, which keeps tabs on users' spending and saving habits. The tech investor, whose wealth rose £33million in a year, is on a watch list of wealthy Brits poised to quit the country over Labour's tax rises. 29. Peter Lipka - £128million Self-confessed 'nerd' Lipka, 36, is the chief operating officer of Improbable, the virtual worlds developer, he co-founded in 2012 with Herman Narula (ranked no 4). 30. Ben Maruthappu - £123million After struggling for weeks to find suitable home care for his injured mother, Leena, former doctor Maruthappu set up the care firm Cera. It enables the NHS to significantly cut costs. 31. George and Mike Heaton - £122million 23 Brothers Mike and George Heaton can count Kim Kardashian and Justin Bieber as some of their top clients Credit: Instagram/georgeheaton Their streetwear label, Represent's £180 hoodies and £110 T-shirts have been worn by Kim Kardashian, Justin Bieber and Dua Lipa. Mike, 34, and George, 32, claim to be 'two brothers from Manchester, who don't really belong in fashion'. Sales jumped more than 65 per cent over the past year, sending their wealth up £41million. The pair took a total of £3 million in dividends. 'Country's brightest stars' Robert Watts, compiler of The Sunday Times Rich List, says: "Our 40 under 40 list showcases many of the country's brightest stars from the worlds of tech, fashion, music and sport. 'Almost all of these people built their fortunes themselves and their number includes some who left school with few, if any, qualifications. 'A third of our list didn't attend university. At least 11 of our entries were born overseas, underlining the draw our country continues to hold for ambitious, talented young stars to build their reputations and businesses. 'It will be fascinating to watch which of this year's line-up will prosper in the years ahead." 32. Vishal Karia - £119million Expelled from school and later diagnosed with ADHD, Karia, 35, founded Affinity Fragrance in 2016. The Buckinghamshire scent wholesaler turns over more than £120 million. His wealth rose £3million since last year. 33 - Romina Savova £117million Born in Soviet-controlled Bulgaria, Savova, 39, founded PensionBee, which gathers savings schemes into one place. Shares are up nearly 50 per cent over the past year, catapulting her into the Rich List. 34. Dua Lipa - £115million 23 With a net worth of £115million, Dua Lipa is the youngest person on the list at age 29 Credit: Instagram Radical Optimism became the Anglo-Albanian star's first record to debut at No. 1 in the UK album charts and gained four Brit Awards nominations. Lipa, 29, who saw her wealth rise by £25million, wrote Dance the Night for last year's Barbie movie, and also appeared in Matthew Vaughn's spy caper Argylle. 35 = Sir Andy Murray - £110million 23 Andy Murray's career has spanned 21 years with a £110million fortune Credit: Getty Over a 21-year career, Andy Murray, 37, won three grand slams, two Olympic golds and a Davis Cup title, earning £50 million in prize money. While his social media profile now reads: 'I played tennis. I now play golf,' his wealth increased by £10million. He also owns the posh Cromlix Hotel in Stirlingshire, where a turret suite costs £750. 35= Victor Riparbelli - £110million Riparbelli, 33, co-founded Synthesia, a video creator regarded as one of the hottest properties in AI. The Shoreditch tech firm, launched with partners including Steffen Tjerril was valued at $2.1 billion this year. Synthesia allows users to turn text into audio spoken in more than 140 languages with the help of 230 avatars. His wealth rose £25million from last year. 35= Steffen Tjerrild - £110million Tjerrild, 34, set up the AI video creator Synthesia with fellow Dane Victor Riparbelli. They are giving shares to actors who create their most popular avatars. 38= Harry Kane - £100million 23 Harry Kane earns £400,000 a week contributing to his £100million fortune Credit: Getty England captain Harry now earns £400,000 a week at German club Bayern Munich, where he has just won his first-ever trophy. His increase in wealth of £75million means he can afford a £30million mansion in the Beverly Hills of Bavaria. 38= Daniel Radcliffe - £100million 23 Daniel Radcliffe is best known for his role in the Harry Potter films Credit: Getty Daniel Radcliffe, 35, who played boy wizard Harry Potter in eight Hogwarts films has seen his fortune increase by £10million in a year. He recently won a Tony Award for his role in the musical Merrily We Roll Along. 38= Paige Williams - £100million 23 From a humble background, Paige Williams has now amassed a £100million fortune Credit: Instagram/plouise1 Paige, 32, grew up on a Manchester council estate and spent much of her childhood caring for her five brothers. Her first business was an academy teaching the make-up skills she learnt working at a branch of Selfridges. That evolved into P Louise, a brand selling teen-friendly products such as Bad B*tch Energy. Revenues for P Louise are expected to top £100 million this year. The Sunday Times Rich List is at