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Sunday Times Rich List – an entrepreneurs’ who’s-who

The 2011 Sunday Times Rich List, published yesterday, was a veritable who’s-who of Britain’s entrepreneurial class.

The statistics are encouraging: 762 of the richest 1,000 entries are self-made millionaires.

Lakshmi Mittal and family continues to top the Sunday Times Rich List ranks, for the seventh year running, despite seeing his wealth fall by an eye watering £5bn in the last year. This was largely due to plunging share prices.

Others in the top ten include Russian oligarchs Alisher Usmanov ( £12.4bn, steel) and Roman Abramovich ( £10.3bn, oil and industry); The Duke of Westminster (?7bn, property); the Bertarellis (?6.9bn, pharmaceuticals); Leonard Blavatnik (?6.2bn, industry); the Reuben brothers (?6.2bn, property and internet); the Hindujas (?6bn, industry and finance); and the Westons (?6bn, retailing owners of Primark).

Outside of the top ten, Britain’s entrepreneurs have a strong presence, and most have had a good year.

Some highlights:

  • Richard Branson“had a good year, seeing his fortune grow by 19 per cent in the last year, or by 485m,?to 3.1bn.
  • The Oppenheimer“family, owners of diamond miners De Beers, saw their wealth climb by £1.4bn to £2.9bn.
  • JCB owner?Sir Anthony Bamford‘saw his net worth increase by ?700m to £1.7bn, led by strong sales in India.
  • Phones 4U founder?John CaudwellAlso had a good year, seeing a £100m rise in his fortune to £1.5bn.
  • Sir James Dyson?was also up by £530m, to £1.5bn.
  • Lord Ashcroft, too, saw his £1.3bn fortune grow by £50m.
  • With a rise of £378m in fortune last year,?Mike Ashley‘s fortune which he largely made when he floated his company Sports Direct in 2007 rose to £1.3bn.
  • Dame Mary Perkins“had a fantastic year, seeing her wealth grow by 42 per cent to £1.2bn, led by strong sales in the Specsavers chain.
  • It wasn’t a good year for?Sir Ken Morrison, however, who saw his net worth fall by £506m last year, to £1bn, as he divests his investments.
  • Charles Dunstone, the founder of Carphone Warehouse, meanwhile, has finally reached the billionaires’ club. Since demerging Carphone Warehouse and TalkTalk, Dunstone has seen his fortune grow by £396m making him a £1bn man.
  • Selling DFS, the nation’s largest sofa retailer, last year, saw?Lord Kirkham?net £570m, bringing his total worth to £1bn.

What do you think of the Rich List” Leave your comments below.


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