Sunday Times Rich List 2011
Encyclopedia
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. Since its earliest inception, the Rich List has been widely previewed in the UK media and extensively covered on the day of publication.
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
.
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.
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. A separate section lists the 250 richest Irish, including both Northern Ireland
and the Republic of Ireland
.
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.
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...
on 8 May 2011. Since its earliest inception, the Rich List has been widely previewed in the UK media and extensively covered on the day of publication.
Every year 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 (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 a 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...
.
Evaluation criteria
The list is based on an estimate of the minimum wealth of the richest 1,000 people or families in the United KingdomUnited 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. 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.
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. 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,...
.
Notable changes
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. Another high ranked new entrant was Ravi RuiaRavi Ruia
Ravikant Nand Kishore Ruia is the Vice-Chairman of Essar Group , and is a recipient of the Business India Businessman of the Year Award 2010....
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.
Top 12 fortunes
| Rank | Wealth | Name | Citizenship | Source of wealth | 2010 rank |
2010 wealth |
|---|---|---|---|---|---|---|
| 1 | £17,500m | 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.... and family |
Steel, co-owner of QPR FC | 1 | £22,450m | |
| 2 | £12,400m | 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, mining | 6 | £4,700m | |
| 3 | £10,000m | 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, owner of Chelsea FC | 2 | £7,400m | |
| 4 | £7,000m | 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... |
Inheritance, land, property | 3 | £6,700m | |
| 5 | £6,800m | 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 | 4 | £5,950m |
| 6 | £6,237m | 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 | 15 | £3,000m | |
| 7 | £6,200m | 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... and family |
Shipping | 16 | £2,750m | |
| 8 | £6,176m | 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 | 5 | £5,532m | |
| 9= | £6,000m | Gopi and Sri Hinduja Hinduja Group The Hinduja Group is a conglomerate company headquartered in London, United Kingdom. It was founded in 1914 by Parmanand Deepchand Hinduja, initially operating in Mumbai, India, and setting up its first international operation in Iran in 1919. The headquarters of the Group moved to Iran where it... |
Industry and finance | (new entry) | (new entry) | |
| 9= | £6,000m | Galen Weston Galen Weston Willard Gordon Galen Weston, OC, OOnt , is a Canadian businessman and philanthropist. He is the Chairman and President of George Weston Limited... , George Weston and family |
Retailing | 7 | £4,500m | |
| 11 | £5,400m | Charlene de Carvalho-Heineken Charlene de Carvalho-Heineken Charlene de Carvalho-Heineken is the owner of a controlling interest in the world's third-largest brewer, Heineken International.... and Michel Carvalho |
Inheritance, banking, brewing (Heineken) | 8 | £5,532m | |
| 12 | £4,900m | Ravi Ruia Ravi Ruia Ravikant Nand Kishore Ruia is the Vice-Chairman of Essar Group , and is a recipient of the Business India Businessman of the Year Award 2010.... |
Energy (Essar Group Essar Group The Essar Group is a multinational conglomerate corporation in the sectors of Steel, Energy, Power, Communications, Shipping Ports & Logistics as well as Construction head quartered at Mumbai, India... ) |
(new entry) | (new entry) |
See also
- Forbes list of billionairesForbes list of billionairesForbes list of billionaires is based on an annual assessment of wealth and assets compiled and published by Forbes magazine on March 10, 2011.-Forbes list of billionaires :...
- Sunday Times Rich List 2007Sunday Times Rich List 2007The 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 2008Sunday Times Rich List 2008The Sunday Times Rich List 2008 was published on 27 April 2008.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 2009Sunday Times Rich List 2009The 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 2010Sunday Times Rich List 2010The 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...