Which financial services names have made the Rich List?

09 May, 2017, 01:12 | Author: Valerie Burke
  • Hinduja brothers Lakshmi Mittal among Britain’s top 4 India Tv

Industrialist brothers Sri and Gopi Hinduja topped the list with a combined wealth of 16.2 billion pounds, up 3.2 billion over the a year ago.

"While many of us anxious about the outcome of the European Union referendum, many of Britains richest people just kept calm and carried on making billions", said Robert Watts, compiler of the list.

Srichand and Gopichand Hinduja, aged 81 and 77, lead the pack of 134 UK-based billionaires on the list and have made their fortune from investments in industries such as oil and gas, automotive, IT, energy, media, banking, property and healthcare sectors.

The only British-born billionaire in the top 10 is Hugh Grosvenor, 26. who became the world's richest under-30 when he inherited his father's estate previous year. There was not a single Briton in the top 5, with Ukranian businessman Len Blavatnik picking up the 2nd spot with an approx £15.98 billion net worth and Russian oligarch Alisher Usmanov at the fifth spot with a net worth of approximately 11.8 billion. "A buoyant stock market usually drives the wealth of Rich Listers higher, and since last June equities have soared", Watts said.

The compiler has placed a total of 40 Indian-origin people in the rankings, including the Gujarati brothers Mohsin and Zuber Issa of Euro Garages whose one billion pounds puts them at 133rd position.

However, he remains a long way from his 2008 peak as the UK's richest with then fortunes of 27.7 billion pounds.

They are ranked 133rd on the list with a fortune of 1 billion pounds.

Antonio Conte plans summer of major surgery with Chelsea
During his pre-match press conference, the Middlesbrough manager said: "I would say that we've not had much luck this season". Chelsea cruised to a home win to cement their table lead and see Middlesbrough relegated from the Premier League.

China-made jet takes off in maiden flight
Chinese government has been making efforts to reduce dependence on European consortium Airbus and USA aerospace giant Boeing. Beijing is also already looking beyond the C919, with plans to develop a wide-body long-haul jet with Russian Federation .

Tories gain majority on county council, UKIP wiped out
Most dramatically, it lost ground in Scotland, where the Conservatives - long all-but-extinct there - made gains. The results declared as of Friday morning gave the Tories a clear lead, as the polls had predicted.

Citywire AAA-rated Smith saw his wealth rise from £127 million to £220 million over the year, lifting him 283 places up the list to joint 513th.

More billionaires have entered this year's list: "Our 29th edition reveals that this year's 500 richest individuals and families are now wealthier than the entire top 1,000 were in 2016", it said.

But the double digit growth in the combined fortunes of Britain's richest 1000 people-which rose from £575 billion in 2016 to £658 billion (S$1.2 trillion) in 2017-also underscores rising inequalities in the country.

"Yet we're seeing more diversity in the Rich List".

He joins popular singer Adele, who is listed as Britain's wealthiest female musician with £125 million.

The figure in 2016 was £103 million.

The list does not include income and assets from the Crown Estate - the collection of lands and holdings belonging to the monarch but controlled by an independent board - whose property portfolio alone is now worth 12 billion pounds.


  • Harman Kardon's Cortana-powered speaker leaks ahead of launch

    Harman Kardon's Cortana-powered speaker leaks ahead of launch

    The Invoke is crafted with premium materials and the metallic speaker cabinet is capable of delivering sound at full 360-degrees. As points of reference, Echo runs $180 (currently on sale for $150) while Google Home costs $129 (currently on sale for $114).
    MHA asks AAP for details of foreign funding

    MHA asks AAP for details of foreign funding

    The party should mention details of all the donations received by it and put it in public domain on the website". He added: "I was sacked from the party after speaking out against corruption".
    India Launches South Asia 'Diplomacy' Satellite for Communication Services

    India Launches South Asia 'Diplomacy' Satellite for Communication Services

    The mission life of the satellite is said to be 12 years, but it has been created to last well beyond the deadline. South Asian leaders on Friday hailed India for the successful launch of the India-initiated South Asia Satellite.
  • 85-year-old aiming to be oldest Everest climber dies

    85-year-old aiming to be oldest Everest climber dies

    He went on to be an apple farmer and constructed roads and dams before settling to down to manage hotels in Kathmandu . Mr Sherchan died at base camp on Saturday evening after a suspected heart attack, according to Nepali officials.
    Tear gas in France as Le Pen, Macron hold May Day rallies

    Tear gas in France as Le Pen, Macron hold May Day rallies

    Fillon has lost the first round of the presidential elections; the second round is on 7 May between Le Pen and Emmanuel Macron . The comment was a reference to Macron's time as economy minister under the unpopular Socialist President Francois Hollande.
    Overwatch PTR changes include Genji, Hanzo, Reaper buffs

    Overwatch PTR changes include Genji, Hanzo, Reaper buffs

    Developer Comments: To help Orisa maintain the front line for her team, we're reducing the cooldown of her Protective Barrier. Also recently, YouTuber " Hammeh " took a look through the recent PTR patch released for the game and discovered some things.
  • Trump congratulates golfer John Daly for winning PGA event

    Trump congratulates golfer John Daly for winning PGA event

    THE WOODLANDS, Texas (AP ) - John Daly says he's not accustomed to seeing himself atop the leaderboard. And that victory at Torrey Pines ended a almost nine-year run without a championship.
    Santana, Lindor homer in 9th to beat Royals 3-1

    Santana, Lindor homer in 9th to beat Royals 3-1

    On Sunday, he limited the Royals to just one hit while striking out five and walking four in 5 2/3 innings. In his first start of the season, Clevinger gave up just a Salvador Perez double in the fourth inning.

    Kershaw, Bellinger lead Dodgers to 10-2 win over Padres

    The Los Angeles Dodgers offense is on fire right now, and they've won eight straight games when scoring more than three runs. Dodgers outfielder left Saturday night's game against the Padres with hip tightness, the team announced during the game.
  • Sharapova advances to 2nd round in Madrid Open

    Sharapova advances to 2nd round in Madrid Open

    Defending champion Simona Halep cruised past Kristyna Pliskova 6-1, 6-2. I feel like I'm still doing very much the same thing that I'm doing".
    Gold demand up 15 % on stable prices, rising offtake

    Gold demand up 15 % on stable prices, rising offtake

    Mine production of 764 t in the same period was little changed from 768 t in the corresponding three months of previous year . Interestingly, higher demand in India was the prime reason for the overall jewellery demand gaining marginally at 481 tonnes.
    Fact Check: Are Prosecutors Too Quick To Let Off The Police?

    Fact Check: Are Prosecutors Too Quick To Let Off The Police?

    But just in case, Live After 5 in downtown Baton Rouge and a 5K scheduled for this weekend have been cancelled. The officers recovered a loaded revolver from Sterling's pocket. "That is offensive in any police department".


Fresh rebel evacuation begins in Syria
Thousands of rebels and civilians were evacuated from the city under a deal sponsored by Iran, Russia and Turkey. Britain-based monitor the Syrian Observatory for Human Rights also reported the negotiations.

IS radio smashed, 34 militants killed in E. Afghan province
Frequent joint operations between Afghan and USA forces have yielded significant results in the war against ISIS . The head of Islamic State in Afghanistan , Abdul Hasib , has been killed , the government has said.

Russia: Syria deal bans US-led coalition aircraft
He said "security belts" would be created along the borders of the zones to prevent incidents and fighting between opposing sides. Deputy Defense Minister Alexander Fomin attends a briefing in the Defense Ministry in Moscow, Russia, Friday, May 5, 2017.

US Commerce Chief Says Canadian Trade Threats 'inappropriate'
The Trump administration imposed the tariff after it determined that Canada was unfairly subsidizing its lumber producers. It's preparing to target specific industries in the US , to put pressure on those Americans backing a hard line on lumber.

Le Pen visits French factory, Macron wins ally before runoff
On the wall of the Memorial are written the names of the Jews who were deported from France to the Nazi extermination camps . French centrist presidential candidate Emmanuel Macron visits a farm in Usseau, central France, Saturday, April 29, 2017.

Big Baller Brand unveils Lonzo Ball's $495 shoes
This is the Lonzo Ball-autographed pair in the "Wet" color scheme which costs US$995 (AU$1,345) a pop. The price, however, is: The going rate for the ZO2: Prime is $495 (and $695 for sizes 14 and up).

Tight BC election puts vote splitting on agenda in campaign's final days
But Clark said those candidates are running under Leader John Horgan , who has said he wanted to distribute marijuana through B.C. Horgan campaigned Friday on southern Vancouver Island, where Green party officials say they have a chance of winning.

Injury-riddled Penguins put Capitals on brink of elimination
The Capitals haven't advanced beyond the second round since they made their lone Stanley Cup Final appearance in 1998. Four games played and four games have the Capitals been the best team. "I didn't control the puck well".

Korea confirms North Korean live-fire drill on army anniversary
It has threatened to sink a US aircraft carrier heading to the region, as tensions mount over the North's nuclear weapons program. South Korea's navy said it will join the approaching U.S. aircraft carrier USS Carl Vinson for joint exercises later in the week.

State Dept. account retweets, then deletes, about Ivanka Trump book
An official State Department Twitter account retweeted a tweet promoting Ivanka Trump's new book, " Women Who Work ". It also includes a story from Reshma Saujani, the founder of Girls Who Code, who wasn't happy about her inclusion.