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Sunday Times Rich List: Hinduja brothers top billionaires in United Kingdom

The Mumbai-born David And Simon Reuben, Who Were On The Top Position Last Year Have Now Forsaken To A Third Position In This Year’s List Recording A Net Guess Of Approximately £14 Billion.

News Nation Bureau | Edited By : Neha Singh | Updated on: 08 May 2017, 09:45:02 AM
Sunday Times Rich List: Hinduja brothers top billionaires in United Kingdom

New Delhi:

Hinduja Brothers Srichand and Gopichand are the Indian tycoon to become the top billionaires in United Kingdom.
According to the 2017 Sunday Times Rich List, Three out of a 5 richest people in a United Kingdom are of Indian origins in its 29th edition.

The Hinduja Brothers has have made thier investment in several industries including oil and gas, automotive, IT, energy, media, banking, skill and medical sectors, is around £16.2 billion, about £3.2 billion some-more than final year.

The Mumbai-born David and Simon Reuben, who were on the top position last year have now forsaken to a third position in this year’s list recording a net guess of approximately £14 billion.

But the biggest jump this year was made by the famous Indian-born steel tycoon Lakshmi Mittal. Mittal jumped up seven spots to reach number four  this year, becoming the third India-born citizen to make it in the top five. His net worth is estimated to be approximately £13.23 billion.

The Sunday Times Rich List’ that has released names of UK’s 1000 wealthiest people enclosed a sum of 40 Indian-born adults in 2017 list. It also says that a billionaires reaped advantages from “Brexit bonanza” and “this year’s 500 richest people and families are now wealthier than a whole tip 1,000 were in 2016.” There was not a singular Briton in a tip 5, with Ukranian businessman Len Blavatnik picking adult a 2nd mark with an approx £15.98 billion net value  and Russian oligarch Alisher Usmanov during a fifth mark with a net value of approximately 11.8 billion

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First Published : 08 May 2017, 09:41:00 AM