Sunday Times Rich List 2011

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This article is about the Rich List published in 2011. For general information about the list, see Sunday Times Rich List.

The Sunday Times Rich List 2011 is the 23rd annual survey of the wealthiest people in the United Kingdom, published by The Sunday Times on 8 May 2011.[1] Since its earliest inception, the Rich List has been widely previewed in the UK media and extensively covered on the day of publication.[2][3]

Every year since 1989, the UK national Sunday newspaper The Sunday Times (sister paper to The Times) has published a magazine supplement to the newspaper called the Sunday Times Rich List.

Evaluation criteria[edit]

The list is based on an estimate of the minimum wealth of the richest 1,000 people or families in the United Kingdom as of January of that year. Analysis encompasses measuring identifiable wealth, to include land, property, racehorses, art or significant shares in publicly quoted companies. The Sunday Times staff do not have access to personal bank accounts. Therefore, analysis excludes this financial data, along with small shareholdings in private equity portfolios. Once analysis is complete, the list is compiled by Dr Philip Beresford, with Tristian Davies serving as the executive editor.[4]

In addition to the main list, smaller lists are compiled based on miscellaneous sets of criteria. These criteria include the source of their wealth, ethnicity, gender, aristocracy, profession, region, land value, charitable giving, age, and astrological signs.[5] A separate section lists the 250 richest Irish, including both Northern Ireland and the Republic of Ireland.

Notable changes[edit]

The highest new entries to the Rich List in 2011 were Gopi and Sri Hinduja, whose share of their family business was estimated at £6 billion.[6] Another high ranked new entrant was Ravi Ruia of India's Essar with a fortune estimated at £4,900m, placing him 12th. The highest new entry among the women was China's Xiuli Hawken, wife of a London teacher, with an estimated property fortune of £1,066 million.[7]

Top 12 fortunes[edit]

Rank Wealth Name Citizenship Source of wealth 2010
rank
2010
wealth
1Steady £17,500mDecrease Lakshmi Mittal and family  India Steel, co-owner of QPR FC 1 £22,450m
2Increase £12,400mIncrease Alisher Usmanov  Russia Steel, mining and co-owner of Arsenal FC 6 £4,700m
3Decrease £10,000mIncrease Roman Abramovich  Russia Oil, industry, owner of Chelsea FC 2 £7,400m
4Decrease £7,000mIncrease Gerald Grosvenor, 6th Duke of Westminster  United Kingdom Inheritance, land, property 3 £6,700m
5Decrease £6,800mIncrease Ernesto and Kirsty Bertarelli   Switzerland &  United Kingdom Pharmaceuticals 4 £5,950m
6Increase £6,237mIncrease Leonard Blavatnik  United States Industry 15 £3,000m
7Increase £6,200mIncrease John Fredriksen and family  Cyprus Shipping 16 £2,750m
8Decrease £6,176mIncrease David and Simon Reuben  United Kingdom Property 5 £5,532m
9= £6,000m Gopi and Sri Hinduja  India Industry and finance (new entry) (new entry)
9=Decrease £6,000mIncrease Galen Weston, George Weston and family  Canada Retailing 7 £4,500m
11Decrease £5,400mIncrease Charlene de Carvalho-Heineken and Michel Carvalho  Netherlands Inheritance, banking, brewing (Heineken) 8 £5,532m
12 £4,900m Ravi Ruia  India Energy (Essar Group) (new entry) (new entry)

See also[edit]

References[edit]

  1. ^ Post. "''Sunday Times Rich List''". Thesundaytimes.co.uk. Retrieved 2011-05-08. 
  2. ^ "BBC News - Rich list suggests UK richest seeing funds recovering". Bbc.co.uk. 2011-05-08. Retrieved 2011-05-09. 
  3. ^ Swinford, Steven (2011-05-07). "Sunday Times Rich List 2011: Fortunes of super-rich soar". London: Telegraph. Retrieved 2011-05-09. 
  4. ^ "BBC News - Wealthiest UK people revealed in Sunday Times Rich List". Bbc.co.uk. 2011-05-08. Retrieved 2011-05-09. 
  5. ^ Post. "The Sunday Times". Features.thesundaytimes.co.uk. Retrieved 2011-05-09. 
  6. ^ The Independent: Want to be a billionaire? You should have founded Specsavers
  7. ^ Daily Mail: Specsavers boss makes a billion, as 19 others also become billionaires in latest Rich List

External links[edit]