Sunday Times Rich List 2011

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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 net worth 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 GB£billion.[6] Another high ranked new entrant was Ravi Ruia of India's Essar with a fortune estimated at £4.9 billion, 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 billion.[7]

Top 12 fortunes[edit]

2011[1] Name Citizenship Source of wealth 2010[8]
Rank Net worth
GB£ bn
Rank Net worth
GB£ bn
1 Steady £17.50 Decrease Lakshmi Mittal and family  India Steel, co-owner of QPR FC 1 £22.45
2 Increase £12.40 Increase Alisher Usmanov  Russia Steel, mining and co-owner of Arsenal FC 6 £4.70
3 Decrease £10.00 Increase Roman Abramovich  Russia Oil, industry, owner of Chelsea FC 2 £7.40
4 Decrease £7.00 Increase The Duke of Westminster  United Kingdom Inheritance, land, property 3 £6.70
5 Decrease £6.80 Increase Ernesto and Kirsty Bertarelli   Switzerland &  United Kingdom Pharmaceuticals 4 £5.95
6 Increase £6.24 Increase Leonard Blavatnik  United States Industry 15 £3.00
7 Increase £6.20 Increase John Fredriksen and family  Cyprus Shipping 16 £2.75
8 Decrease £6.18 Increase David and Simon Reuben  United Kingdom Property 5 £5.53
9 £6.00 Increase Gopi and Sri Hinduja  India Industry and finance n/a unlisted
9 Decrease £6.00 Increase Galen Weston, George Weston and family  Canada Retailing (George Weston Limited) 7 £4.50
11Decrease £5.40 Increase Charlene de Carvalho-Heineken and Michel Carvalho  Netherlands[9] Inheritance, banking, brewing (Heineken) 8 £5.53
12 £4.90 Ravi Ruia  India Energy (Essar Group) n/a unlisted

See also[edit]

References[edit]

  1. ^ a b Beresford, Philip, ed. (8 May 2011). "''2011 Sunday Times Rich List''". The Sunday Times. United Kingdom. Retrieved 8 May 2011. 
  2. ^ "Rich list suggests UK richest seeing funds recovering". BBC News. 8 May 2011. Retrieved 9 May 2011. 
  3. ^ Swinford, Steven (7 May 2011). "Sunday Times Rich List 2011: Fortunes of super-rich soar". London: Telegraph. Retrieved 9 May 2011. 
  4. ^ "Wealthiest UK people revealed in Sunday Times Rich List". BBC News. 8 May 2011. Retrieved 9 May 2011. 
  5. ^ "Features: Rich Lst". The Sunday Times. United Kingdom. Retrieved 9 May 2011. 
  6. ^ "Want to be a billionaire? You should have founded Specsavers". The Independent. United Kingdom. 2011. 
  7. ^ "Specsavers boss makes a billion, as 19 others also become billionaires in latest Rich List". Daily Mail. United Kingdom. 2011. 
  8. ^ Beresford, Philip, ed. (25 April 2010). "2010 Rich List". thesundaytimes.co.uk. Retrieved October 2011.  Check date values in: |access-date= (help)
  9. ^ Fontevecchia, Agustino. "Charlene de Carvalho-Heineken". Forbes. Retrieved 9 October 2015. 

External links[edit]