The combined wealth recorded in this year’s Sunday Times Rich List (STRL), comprising just 350 individuals and families in Britain, is £795 billion, down slightly from last year’s £796 billion. Gopi Hinduja and his family, with an estimated record fortune of £37 billion, top the list for the third year in a row. In 2000, some 20 years after the financial deregulation of the City of London, the STRL counted 26 billionaires. The combined wealth of the top 100 richest has soared since 2000 from under £100 billion to almost £590 billion. The Rich List notes, “Financial statements published in February show he made £2.2 million in 2022/23 — still more than 60 times the average UK salary.

Source: The Times May 28, 2024 18:14 UTC