Hinduja brothers regain top spot in UK rich list

0
349

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
26Prakash LohiaTextiles and plastics5.402 billion
63Simon, Bobby and Robin AroraDiscount stores2.26 billion
69Swraj Paul and familyIndustrialist2 billion
75Sunil Vaswani and familyTransport and food1.969 billion
84Navin and Varsha EngineerPharmaceuticals1.7 billion
86John Shaw and Kiran Mazumdar-ShawPharmaceuticals1.689 billion
112Raj, Tony and Harpal Matharu and familyProperty and hotels1.32 billion
136Surinder Arora and familyHotels1.129 billion
138Jasminder Singh and familyHotels1.1 billion
174Bhikhu and Vijay PatelPharmaceuticals800 million
218Jatania brothersToiletries and property643 million
219Ranjit and Baljinder BoparanFood 640 million
241Tony FernandesAviation587 million
268Sukhpal Singh Ahluwalia and familyCar parts500 million
304Amit and Meeta PatelPharmaceuticals450 million
312Kuljinder Bahia and familyTravel427 million
339Kartar and Tej LalvaniHealth Supplements390 million
380Apurv Bagri and familyMetals349 million
385Tom Singh and familyFashion and property340 million
439Sharan PasrichaHotels298 million
478Vikrant BhargavaGambling260 million
484Sanjay Vadera and familyPerfume257 million
542Kishore Lulla and familyMedia220 million
554Moni VarmaFood218 million
562Vipul Thakrar and familyFood214 million
564Lord AlliMedia and fashion212 million
587Mayank PatelForeign exchange205 million
627Anwar and Yakub PatelPharmacies198 million
637Koolesh Shah and familyHotels192 million
641Nik and Monisha Kotecha and familyPharmaceuticals190 million
680Tarsem DhaliwalFrozen food178 million
694Tejani familyPaper products173 million
703Nick Dhandsa and familyCare homes170 million
719Kirti Patel and familyPharmaceuticals165 million
719Lord VerjeeFinance and retailing165 million
726Raj and Sanjeev Mehan and familyFashion and property163 million
731Dhamecha familyCash and carry, and property160 million
768Chai PatelHealthcare154 million
768Suneil SetiyaFinance154 million
851Aran and Arvan Handa and familyHotels140 million
867Raj ManakConstruction137 million
876Anish KapoorArt135 million
884Nitin Sodha and familyPharmaceuticals134 million
888Surinder KandolaFood133 million
934Hitesh and Dilesh MehtaPerfume126 million
934Nandlal and Deep ValechaGas services126 million
972Lord and Lady Popat and familyCare homes and hotels121 million