Srichand and Gopichand Hinduja have returned as the United Kingdom’s wealthiest in the 2019 Sunday Times Rich List, with steel magnate Lakshmi Mittal and family and mining major Anil Agarwal making it to the top 20 richest.
WORLD Updated: May 12, 2019 17:19 IST
Prasun Sonwalkar
Prasun Sonwalkar
Hindustan Times, London
Srichand Hinduja,Gopichand Hinduja,World news
Srichand Hinduja(AFP file photo)
Srichand and Gopichand Hinduja have returned as the United Kingdom’s wealthiest in the 2019 Sunday Times Rich List, with steel magnate Lakshmi Mittal and family and mining major Anil Agarwal making it to the top 20 richest.
The Hinduja brothers replace British businessman Jim Ratcliffe on the top spot with a wealth of £22 billion, up £1.35 billion on last year’s list. The Mumbai born property developers, David and Simon Reuben, took the second spot with £18.6 billion.
The Hinduja brothers with interests in banking, oil and gas, IT and property topped the list in 2014 and 2017. The London-based Srichand, 83, and Gopichand, 79, are two of four brothers controlling the group.
Industrialist Swraj Paul and family are placed 69th with a wealth of £ 2 billion.
Robert Watts, who compiled the year’s list, said: “On the face of it this looks like a bumper year for the super-rich, with record wealth, more billionaires and the entry level rising to £120 million”.
“But many of the rich are nursing big losses after a year of turbulence on the stock market and political deadlock in Westminster. Technology is making and breaking fortunes. We are finding young entrepreneurs making vast sums of money from online fashion retail, dating apps and creating YouTube videos.”
The UK has 151 billionaires, third after the United States (463) and China (294). India has 76 billionaires, according to the Sunday Times. London is estimated to have 95 billionaires – more than any city in the world – with Mumbai 33 and Delhi 15.
Indian-origin billionaires, millionaires in Sunday Times Rich List:
Rank Name Industry Worth in pounds
26 Prakash Lohia Textiles and plastics 5.402 billion
63 Simon, Bobby and Robin Arora Discount stores 2.26 billion
69 Swraj Paul and family Industrialist 2 billion
75 Sunil Vaswani and family Transport and food 1.969 billion
84 Navin and Varsha Engineer Pharmaceuticals 1.7 billion
86 John Shaw and Kiran Mazumdar-Shaw Pharmaceuticals 1.689 billion
112 Raj, Tony and Harpal Matharu and family Property and hotels 1.32 billion
136 Surinder Arora and family Hotels 1.129 billion
138 Jasminder Singh and family Hotels 1.1 billion
174 Bhikhu and Vijay Patel Pharmaceuticals 800 million
218 Jatania brothers Toiletries and property 643 million
219 Ranjit and Baljinder Boparan Food 640 million
241 Tony Fernandes Aviation 587 million
268 Sukhpal Singh Ahluwalia and family Car parts 500 million
304 Amit and Meeta Patel Pharmaceuticals 450 million
312 Kuljinder Bahia and family Travel 427 million
339 Kartar and Tej Lalvani Health Supplements 390 million
380 Apurv Bagri and family Metals 349 million
385 Tom Singh and family Fashion and property 340 million
439 Sharan Pasricha Hotels 298 million
478 Vikrant Bhargava Gambling 260 million
484 Sanjay Vadera and family Perfume 257 million
542 Kishore Lulla and family Media 220 million
554 Moni Varma Food 218 million
562 Vipul Thakrar and family Food 214 million
564 Lord Alli Media and fashion 212 million
587 Mayank Patel Foreign exchange 205 million
627 Anwar and Yakub Patel Pharmacies 198 million
637 Koolesh Shah and family Hotels 192 million
641 Nik and Monisha Kotecha and family Pharmaceuticals 190 million
680 Tarsem Dhaliwal Frozen food 178 million
694 Tejani family Paper products 173 million
703 Nick Dhandsa and family Care homes 170 million
719 Kirti Patel and family Pharmaceuticals 165 million
719 Lord Verjee Finance and retailing 165 million
726 Raj and Sanjeev Mehan and family Fashion and property 163 million
731 Dhamecha family Cash and carry, and property 160 million
768 Chai Patel Healthcare 154 million
768 Suneil Setiya Finance 154 million
851 Aran and Arvan Handa and family Hotels 140 million
867 Raj Manak Construction 137 million
876 Anish Kapoor Art 135 million
884 Nitin Sodha and family Pharmaceuticals 134 million
888 Surinder Kandola Food 133 million
934 Hitesh and Dilesh Mehta Perfume 126 million
934 Nandlal and Deep Valecha Gas services 126 million
972 Lord and Lady Popat and family Care homes and hotels 121 million
Indian-origin billionaires, millionaires in Sunday Times Rich List:
Rank | Name | Industry | Worth in pounds |
26 | Prakash Lohia | Textiles and plastics | 5.402 billion |
63 | Simon, Bobby and Robin Arora | Discount stores | 2.26 billion |
69 | Swraj Paul and family | Industrialist | 2 billion |
75 | Sunil Vaswani and family | Transport and food | 1.969 billion |
84 | Navin and Varsha Engineer | Pharmaceuticals | 1.7 billion |
86 | John Shaw and Kiran Mazumdar-Shaw | Pharmaceuticals | 1.689 billion |
112 | Raj, Tony and Harpal Matharu and family | Property and hotels | 1.32 billion |
136 | Surinder Arora and family | Hotels | 1.129 billion |
138 | Jasminder Singh and family | Hotels | 1.1 billion |
174 | Bhikhu and Vijay Patel | Pharmaceuticals | 800 million |
218 | Jatania brothers | Toiletries and property | 643 million |
219 | Ranjit and Baljinder Boparan | Food | 640 million |
241 | Tony Fernandes | Aviation | 587 million |
268 | Sukhpal Singh Ahluwalia and family | Car parts | 500 million |
304 | Amit and Meeta Patel | Pharmaceuticals | 450 million |
312 | Kuljinder Bahia and family | Travel | 427 million |
339 | Kartar and Tej Lalvani | Health Supplements | 390 million |
380 | Apurv Bagri and family | Metals | 349 million |
385 | Tom Singh and family | Fashion and property | 340 million |
439 | Sharan Pasricha | Hotels | 298 million |
478 | Vikrant Bhargava | Gambling | 260 million |
484 | Sanjay Vadera and family | Perfume | 257 million |
542 | Kishore Lulla and family | Media | 220 million |
554 | Moni Varma | Food | 218 million |
562 | Vipul Thakrar and family | Food | 214 million |
564 | Lord Alli | Media and fashion | 212 million |
587 | Mayank Patel | Foreign exchange | 205 million |
627 | Anwar and Yakub Patel | Pharmacies | 198 million |
637 | Koolesh Shah and family | Hotels | 192 million |
641 | Nik and Monisha Kotecha and family | Pharmaceuticals | 190 million |
680 | Tarsem Dhaliwal | Frozen food | 178 million |
694 | Tejani family | Paper products | 173 million |
703 | Nick Dhandsa and family | Care homes | 170 million |
719 | Kirti Patel and family | Pharmaceuticals | 165 million |
719 | Lord Verjee | Finance and retailing | 165 million |
726 | Raj and Sanjeev Mehan and family | Fashion and property | 163 million |
731 | Dhamecha family | Cash and carry, and property | 160 million |
768 | Chai Patel | Healthcare | 154 million |
768 | Suneil Setiya | Finance | 154 million |
851 | Aran and Arvan Handa and family | Hotels | 140 million |
867 | Raj Manak | Construction | 137 million |
876 | Anish Kapoor | Art | 135 million |
884 | Nitin Sodha and family | Pharmaceuticals | 134 million |
888 | Surinder Kandola | Food | 133 million |
934 | Hitesh and Dilesh Mehta | Perfume | 126 million |
934 | Nandlal and Deep Valecha | Gas services | 126 million |
972 | Lord and Lady Popat and family | Care homes and hotels | 121 million |