Monday, March 03, 2014

Britain's 10 Richest People Revealed

Below are the country's top ten richest residents, and a look
at how they came to be so rich.

1. Leonard Blavatnik
Ukrainian-born American Blavatnik, 56, has made his £10.8billion fortune through investments in oil, coal and property
and is the owner of Parlophone Records and the Warner Music Group. He recently donated £75m to found the Blavatnik School of Government in Oxford.

2. Lakshmi Mittal
Mittal, 63, is the owner of a £10.2bn fortune. He made it in
the Indian steel business, and is now the owner of the world's largest steel manufacturer. His three properties in
Kensington Palace Gardens are believed to be worth £500m.

3. Srichand Hinduja and family.
The Indian born magnate, 78, is the chairman of the Hinduja group, and made his wealth in textiles, Bollywood films, weapons and oil. His £300m home near Buckingham Palace is believed to be the world's third most expensive.

4. John Fredriksen
The Norwegian-born Cypriot shipping tycoon, 69, is worth £6.9bn, and made his fortune in the Iran-Iraq war of the 1980s. He owns the world's largest shipping fleet

5. Gerald Grosvenor
The 6th Duke of Westminster, 62, is the wealthiest landowner in Britain. His £6.6bn fortune is founded on his
family's ownership of 190 acres of Belgravia, one of London's most exclusive areas, and he also owns prime real
estate on five continents.

6. Hans Rausing
The 87-year-old is the co-inheritor of the Tetra Pak fortune, and his wealth is estimated at £6.6bn. He divides his time between Sweden, the Bahamas and Britain, where he breeds deer and wild boar on his sprawling estate.

7. Roman Abramovich
The Chelsea FC owner, 47, started out selling plastic ducks on the streets of Moscow, and is now worth £4.8bn. He made his fortune in the oil industry in the 1990s, after the Soviet Union's assets were stripped by private speculators.The oligarch now has interests in steel and mining.

8. Bruno Schroder
With wealth estimated at £3.5bn, the 80-year-old is the fourth generation in his family to run the asset management
firm Schroders. He spends most of his time in Dunlossit Castle on the Isle of Islay, where he lives with his wife,
Baroness Suzanna von Maltzahn.

9. Charles Cadogan
The 8th Earl of Cadogan, 76, heads a property empire with addresses in some of London's most affluent postcodes. His
own home in the capital is believed to be worth £20m.

10. Sir Richard Branson
The British-born businessman and entrepreneur, 63, has a
fortune estimated at £3.5bn. He set up his first business, a mail order record company in 1970, and his Virgin Group
now comprises more than 400 companies. Branson lives on
Caribbean idyll Necker Island, in the British Virgin Islands, a
tax haven.

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