Sunday Times Rich List 2008
Encyclopedia
The Sunday Times Rich List 2008 was published on 27 April 2008.

Since 1989 the UK
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 national Sunday newspaper
Newspaper
A newspaper is a scheduled publication containing news of current events, informative articles, diverse features and advertising. It usually is printed on relatively inexpensive, low-grade paper such as newsprint. By 2007, there were 6580 daily newspapers in the world selling 395 million copies a...

 The Sunday Times
The Sunday Times (UK)
The Sunday Times is a Sunday broadsheet newspaper, distributed in the United Kingdom. The Sunday Times is published by Times Newspapers Ltd, a subsidiary of News International, which is in turn owned by News Corporation. Times Newspapers also owns The Times, but the two papers were founded...

(sister paper to The Times
The Times
The Times is a British daily national newspaper, first published in London in 1785 under the title The Daily Universal Register . The Times and its sister paper The Sunday Times are published by Times Newspapers Limited, a subsidiary since 1981 of News International...

) has published an annual magazine supplement to the newspaper called the Sunday Times Rich List
Sunday Times Rich List
The Sunday Times Rich List is a list of the 1,000 wealthiest people or families in the United Kingdom, updated annually in April and published as a magazine supplement by British national Sunday newspaper The Sunday Times since 1989...

. The list is based on an estimate of the minimum wealth of the richest 1,000 people or families in the United Kingdom
United Kingdom
The United Kingdom of Great Britain and Northern IrelandIn the United Kingdom and Dependencies, other languages have been officially recognised as legitimate autochthonous languages under the European Charter for Regional or Minority Languages...

 as of January of that year, and is compiled by Dr Philip Beresford.

A separate section lists the 250 richest Irish, including both Northern Ireland
Northern Ireland
Northern Ireland is one of the four countries of the United Kingdom. Situated in the north-east of the island of Ireland, it shares a border with the Republic of Ireland to the south and west...

 and the Republic of Ireland
Republic of Ireland
Ireland , described as the Republic of Ireland , is a sovereign state in Europe occupying approximately five-sixths of the island of the same name. Its capital is Dublin. Ireland, which had a population of 4.58 million in 2011, is a constitutional republic governed as a parliamentary democracy,...

.

The list was previewed on ITV1
ITV1
ITV1 is a generic brand that is used by twelve franchises of the British ITV Network in the English regions, Wales, southern Scotland , the Isle of Man and the Bailiwicks of Jersey and Guernsey. The ITV1 brand was introduced by Carlton and Granada in 2001, alongside the regional identities of their...

 on 24 April 2008 in Britain's Rich List: Giving It Away, presented by millionaire Duncan Bannatyne
Duncan Bannatyne
Duncan Walker Bannatyne, OBE is a Scottish entrepreneur, philanthropist and author. His business interests include hotels, health clubs, spas, media, TV, stage schools, property and transport. He is most famous for his appearance as a business angel on the BBC programme Dragons' Den...

.

As in previous years, the List was widely covered in other UK media on the day of its publication; the Daily Telegraph, for example, noted that "Kirsty Bertarelli, a former Miss United Kingdom from Staffordshire, is the highest placed woman, appearing at number six on the list alongside her husband, the biotechnology tycoon Ernesto Bertarelli."

The top four places in the List were unchanged from the previous year. Only six of the top 20 were born in Britain.

Among the most notable changes were three new names on the List entering in the top 12: Alisher Usmanov, Leonard Blavatnik, both Russian entrepreneurs with homes in London, and Ernesto Bertarelli.

Top 12 fortunes

Rank Value Name Source of wealth 2007
Rank
2007
Wealth
1 £27700m Lakshmi Mittal
Lakshmi Mittal
Lakshmi Narayan Mittal is an Indian steel magnate. He is the chairman and chief executive officer of ArcelorMittal, the world’s largest steelmaking company....

Steel 1 £19250m
2 £11700m Roman Abramovich
Roman Abramovich
Roman Arkadyevich Abramovich is a Russian businessman and the main owner of the private investment company Millhouse LLC.In 2003, Abramovich was named Person of the Year by Expert, a Russian business magazine. He shared this title with Mikhail Khodorkovsky...

Oil, industry 2 £10800m
3 £7000m Gerald Grosvenor, 6th Duke of Westminster
Gerald Grosvenor, 6th Duke of Westminster
Major-General Gerald Cavendish Grosvenor, 6th Duke of Westminster, , is the son of Robert George Grosvenor, 5th Duke of Westminster, and his wife Hon. Viola Maud Lyttelton. He is the owner of property company Grosvenor Group...

Property 3 £7000m
4 £6200m Srichand and Gopichand Hinduja Industry and finance 4 £6200m
5 £5726m Alisher Usmanov
Alisher Usmanov
Alisher Burkhanovich Usmanov is an Uzbek-born Russian businessman.According to the 2011 edition of Forbes magazine, the oligarch is one of Russia's richest men, with a fortune estimated at US$17.7 billion, and the world's 35th richest person.Usmanov is married and is a graduate of Moscow State...

Steel and mining [new entry] -
6 £5650m Ernesto
Ernesto Bertarelli
Ernesto Bertarelli is a Swiss-Italian billionaire and entrepreneur.Together with his extended family, Bertarelli was ranked 81st in the 2011 annual ranking of the world's wealthiest people compiled and published by Forbes magazine, The family's wealth was estimated at US$10.0...

 and Kirsty Bertarelli
Kirsty Bertarelli
Kirsty Bertarelli is a song writer, former Miss UK and wife of Ernesto Bertarelli, a Swiss billionaire who was the owner of biotech giant Serono until 2007 and winner of the America's Cup in 2003 and 2007 with his yachting syndicate Alinghi.In the Sunday Times Rich List 2010 ranking of the...

Pharmaceuticals [new entry] -
7 £5400m Hans Rausing
Hans Rausing
Hans Rausing, KBE, is a Swedish businessman based in the United Kingdom. He made his fortune from his co-inheritance of Tetra Pak , a company founded by his father Ruben Rausing and currently the largest food packaging company in the world...

Food packaging 6 £5400m
8 £4650m John Fredriksen
John Fredriksen
John Fredriksen, is a Norwegian-born Cypriot oil tanker and shipping tycoon, owner of the world's largest oil tanker fleet, and was Norway's richest man until he chose to abandon his Norwegian citizenship and take up a Cypriot passport. Norwegian magazine Kapital listed Fredriksen in 2010 with a...

Shipping 8 £3500m
9 £4330m Sir Philip Green
Philip Green
Sir Philip Green is a British businessman. Green was born into a Jewish family in 1952, beginning as a businessman at the age of 15. The first and last quoted company Green took lead of was "Amber Day", from which he stepped down as CEO and Chairman in 1992...

Retailing 7 £4900m
10 £4300m David and Simon Reuben
David and Simon Reuben
David and Simon Reuben are well known British businessmen and philanthropists. In the Forbes magazine List of billionaires 2011, ranking of the wealthiest people in the UK, the brothers were placed second with an estimated fortune of £5.5  billion...

Property 8 £3490m
11 £3974m Leonard Blavatnik
Leonard Blavatnik
Len Blavatnik is a Russian-American businessman, currently living in New York and London, including at a home on Kensington Palace Gardens. He has made his fortune through diversified investments, through Access Industries, in Russia, Europe, North and South America.-Origins:Born in the Soviet...

Industry [new entry] -
12 £3730m Seán Quinn
Seán Quinn
Seán Quinn is an Irish businessman and conglomerateur, now bankrupt. In 2008 he was the richest person in Ireland, but he now has debts...

Quarrying, property, insurance 12 £3050m

See also

  • Lists of billionaires
  • Sunday Times Rich List 2007
    Sunday Times Rich List 2007
    The Sunday Times Rich List 2007 was published on 29 April 2007. The online edition was published on 30 April 2007.Since 1989 the UK national Sunday newspaper The Sunday Times has published an annual magazine supplement to the newspaper called the Sunday Times Rich List...

  • Sunday Times Rich List 2009
    Sunday Times Rich List 2009
    The Sunday Times Rich List 2009 was published on 26 April 2009.Since 1989 the UK national Sunday newspaper The Sunday Times has published an annual magazine supplement to the newspaper called the Sunday Times Rich List...

  • Sunday Times Rich List 2010
    Sunday Times Rich List 2010
    The Sunday Times Rich List 2010 was published on 25 April 2010.Since 1989 the UK national Sunday newspaper The Sunday Times has published an annual magazine supplement to the newspaper called the Sunday Times Rich List...

  • Sunday Times Rich List 2011
    Sunday Times Rich List 2011
    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...

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