Executive Education

Who Is The Wealthiest Person In Britain: UK’s Rich List 2018?

With an estimated worth of £21.05bn, Chemicals mogul Jim Ratcliffe, topped the Sunday Times Rich List of Britain’s richest 1,000 individuals and families for 2018. Fracking and chemicals billionaire Jim Ratcliffe, 65, chief executive of Ineos, is now the richest man in Britain.

At second place in the list were the Hinduja brothers, Sri and Gopi, worth £20.64bn. Their fortune jumped by £4.44bn on 2017.

British-American industrialist-turned-media mogul Sir Len Blavatnik came in third place with £15.26bn to his name.

This year’s list contains 145 billionaires (11 more than last year) and a minimum a £115 million is required to make it into the list’s 1,000 entries.

Together, these 1,000 richest have a combined wealth of £724 billion, a 10 percent rise on last year’s tally.

In total, 141 women are on the rich list, with Dutch-born Charlene de Carvalho-Heineken, ranked highest at number six. Together with her husband, financier Michel de Carvalho, she is at the head of a £11.1 billion.

Take a look at who else made the top 19 spots this year below:

19. John Fredriksen and family
Net worth:£6.703 billion
Sources of wealth: shipping and oil services

18. Mohamed Bin Issa Al Jaber and family
Net worth:£6.747 billion
Sources of wealth: hotels, food and industry

17. Andy Currie
Net worth:£7 billion
Source of wealth: chemicals

16. John Reece
Net worth:£7 billion
Source of wealth: chemicals

15. Sir David and Sir Frederick Barclay
Net worth:£7.4 billion
Sources of wealth: property, media and internet retailing

14. Hans Rausing and family
Net worth:£9.333 billion
Sources of wealth: packaging

13. Roman Abramovich
Net worth:£9.333 billion
Sources of wealth: oil and industry

12. Sir James Dyson and family
Net worth:£9.5 billion
Sources of wealth: household goods and technology

11. Ernesto and Kirsty Bertarelli
Net worth:£9.659 billion
Sources of wealth: pharmaceuticals

10. The Duke of Westminster and the Grosvenor family
Net worth:£9.964 billion
Sources of wealth: property

9. Guy, George and Galen Jr Weston and family
Net worth:£10.05 billion
Sources of wealth: retailing

8. Alisher Usmanov
Net worth:£10.556 billion
Sources of wealth: mining and investment

7. Kirsten and Jorn Rausing
Net worth:£10.848 billion
Sources of wealth: inheritance and investment

6. Charlene de Carvalho-Heineken and Michel de Carvalho
Net worth:£11.1 billion
Sources of wealth: inheritance, brewing and banking

5. Lakshmi Mittal
Net worth:£14.667 billion
Sources of wealth: steel

4. David and Simon Reuben
Net worth:£15.096 billion
Sources of wealth: property and internet

3. Sir Len Blavatnik
Net worth:£15.259 billion
Sources of wealth: investment, music and media

2. Sri and Gopi Hinduja
Net worth:£20.644 billion
Sources of wealth: industry and finance

1. Jim Ratcliffe
Net worth:£21.05 billion
Sources of wealth: chemicals

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Megan Batchelor
Executive features editor at The CEOWORLD magazine and lover of reality TV. I eat cereal for breakfast, lunch and dinner.